Financial Crisis Current Affairs, GK & News
Financial crisis
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.
Cash-Strapped UN thanks India for paying 2020 Annual Dues ahead of Schedule
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 ..
Month: Current Affairs - January, 2020
Topics: António Guterres • Financial Crisis • UN Secretary-General • United Nations • United Nations General Assembly
G20 express concern over risks from intensified trade conflict
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 ..
Topics: Australia • Belt and Road Initiative • Brazil • Canada • Central Bank governor • China • debt transparency • economic cooperation • EU • European Union • Finance Minister • Financial Crisis • France • G20 • Germany • Indonesia • Italy • Japan • Mexico • Russia • Saudi Arabia • South Africa • South Korea • Tiger economies • Turkey • U.S.-China trade conflict • UK • US