Moscow/ Washington: International Monetary Fund (IMF) chief Kristalina Georgieva has warned that prolonged slowdown in the Chinese economy will adversely impact on the global economy. She said that China has a chance to revive its economy; however, it will be important to see what measures are taken. A few days back, the IMF warned of […]
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Washington: The uncertainty in the global economy has increased further due to the Ukraine conflict. International Monetary Fund (IMF) has warned that this uncertainty could slow down the global economy. The IMF will be releasing a report named ‘World Economic Outlook 2022’ in the next few days. This warning becomes significant against this background. Besides, […]
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London: The debt burden on the countries worldwide will grow by 10% and will cross $71 trillion. This is the warning issued by the asset management company Janus Henderson in its report. The report claims that the United States, China, Japan and other countries will borrow heavily during this year. The Bank of America has […]
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Paris/Washington: The European thinktank OECD has warned that the Russia-Ukraine war will jolt the global economy. There has been a significant increase in the rates for food grain, oil and other raw materials and inflation has flared up. The European think tanks warned that this would impact the global economy. This will result in a […]
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New Delhi – Reserve Bank of India (RBI) governor Shaktikanta Das said that India’s banking industry has tremendous potential. If all the factors are aligned cohesively, the economy will progress rapidly. Moreover, it would provide an impetus to the global economy.’ On Sunday, RBI Governor was addressing a function to launch a program, ‘Depositors First: […]
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New Delhi: – Indian Finance Minister Nirmala Sitharaman claimed that for the long-term recovery of the global economy, all countries must work together to make progress. Finance Minister Sitharaman made the statement during a virtual meeting of the G20 International Seminar on the global economy against the background of Coronavirus. The G20 is known as […]
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Washington: – The International Monetary Fund (IMF) has said that the government debt burden in the global economy has reached $88 trillion. The debt is about 98% of GDP and is expected to grow further soon. During the Coronavirus pandemic period, measures taken by various countries to revive the economy led to an increase in […]
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Beijing: – Analysts and the media are warning that the ongoing power shortage in China will have a major impact on the global economy. More than 20 provinces in China are facing severe power shortages, and supply to thousands of companies and factories has been reduced. As a result, the manufacturing sector has been hit […]
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Tehran: The United States announced fresh sanctions against Iran, targeting the leading Iranian financial institutions and banks, spread around the globe. These new US sanctions will have a direct effect on the entire Iranian financial sector and it is claimed that in effect, Iran will be disconnected from the global economy. Infuriated by this, Iran […]
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New Delhi: – The international institutions are warning that the growth rate of the global economy will reduce by half, because of the Coronavirus pandemic, which is on a rampage in the world and which has already claimed more than 22,000 lives. Against this background, the G-20 countries have announced an investment of $5 trillion, […]
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