Financial Crisis Current Affairs, GK & News
Sharp,brief,ultracyclical deterioration of all or most of a group of financial indicators – short term interest rates, asset (stock, real estate, land) prices, commercial insolvencies and failures of financial institutions.
Responsible for maintaining international peace and security, the intergovernmental organization, United Nations (UN) has been facing a severe financial crisis because of the unpaid annual dues of almost one-third of its member states, this was informed by the UN Secretary-General, Antonio Guterres to the United Nations budget-setting Fifth Committee on October 2019. India has become ..
The G20 meeting of Finance Ministers and Central Bank governors has expressed concerns that trade and geopolitical tensions have intensified raising risks for improving global growth. The meet stopped short of calling for a resolution of a deepening U.S.-China trade conflict. The meeting agreed to compile common rules to close loopholes used by global tech ..
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