Washington/London/Tokyo: – The claims about possible recession in the global economy, the energy crisis and rising inflation have triggered unease among investors. The unrest had erupted in global stock markets, causing them to decline for two consecutive days- on Monday and Tuesday. This fall has affected the price of crude oil as well as gold. […]
Beijing: – Analysts claim that a series of shocks to China’s economy will hit the post-Corona recovery of the global economy once again. The Chinese government released the economic data for July. It shows a slowdown in industrial production, retail sales, e-commerce and investment sectors. Asian stock markets have plummeted in the wake of Chinese […]
Washington: A report published by Bloomberg, a leading financial institution in the United States revealed that the effects of the trade war between the largest and the second largest economies in the world would not be restricted only to the warring countries and the worldwide effects will become apparent. The financial institution has warned that […]
Washington: The scope of the threats in the cyberspace is increasing by the day and the cybercrimes have costed the world economy to the tune of $600 billion. In rupee terms, this is an astronomical equivalent of ₹40 lakh crore. The leading US think tank, ‘Centre for Strategic and International Studies’ (CSIS) and the cyber […]
Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]
New Delhi: India will have the highest growth rate among the big countries. This development will increase investment and create tremendous employment opportunities in India. World Economic Forum President Borge Brende believes this will make India’s economy grow and witness a snowball effect. At the same time, President Brende has also claimed that even if […]
Beijing: Concerns are expressed worldwide due to China’s reduced imports and lack of expected export growth. Since China’s economy is closely linked to the global economy, economists have warned that whatever happens in China will have international consequences. At the same time, economists also warned that China’s economy is currently facing great danger. Therefore, the […]
Tokyo: The birth rate in Japan, known as the third largest economy in the world, has fallen to the lowest level. In 2022, less than 0.8 million babies were reportedly born in Japan. Besides, the fertility rate of women in Japan has also decreased and seems to come down to 1.3. While the birth rate […]
Davos: Leading economists around the world have warned that the global economy would likely suffer a recession in 2023. The Chief Economist Outlook report released by the World Economic Forum in Davos highlighted this. Saadia Zahidi, Managing Director of the World Economic Forum, spelt out the finding from a report that as the global economy […]
Beijing: There are indications that the decline in the global economy will continue for some time. This has been a matter of great concern; the International Monetary Fund (IMF) warned of a possible economic slowdown, in such words. The World Bank, World Trade Organization (WTO) and OECD have confirmed this statement of the Monetary Fund. […]