Global Economy
What is Labyrinthitis?
Tedros Adhanom Ghebreyesus, the Director-General of the World Health Organization, has been hospitalized. He sought medical attention in Rio de Janeiro after experiencing serious health issues. Symptoms included labyrinthitis and a hypertensive crisis. These issues emerged during the G20 summit ..
Month: Current Affairs - November, 2024
Category: Summits and Conferences
Global Alliance Against Hunger and Poverty
The Global Alliance Against Hunger and Poverty was launched recently and emerged during the G20 Summit in Brazil, which aims to eliminate hunger and poverty by 2030. The FAO’s Director-General, Qu Dongyu, emphasised the need for collective action, which seeks ..
Month: Current Affairs - November, 2024
Category: Summits and Conferences
World Bank’s Latest Report on Global Economic Prospects
The World Bank has released its latest report on Global Economic Prospects, outlining a slowdown in global growth due to a variety of factors including elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine. ..
Category: Reports & Indexes Current Affairs
Latest Updates of IMF’s World Economic Outlook
The International Monetary Fund (IMF), in its World Economic Outlook, slashed its FY23 growth forecast for India from its July projection of 7.4 percent to 6.8 percent. What are the key takeaways of the report? Indian Economy IMF has cut ..
Month: Current Affairs - December, 2022
Category: Economy & Banking Current Affairs
UNCTAD annual trade and development report
The UNCTAD has released its annual Trade and Development Report 2022. Key facts The UN report expects the world economy to grow 2.6% in 2022. This is 0.9 percentage points below last year’s projected rate. The growth is expected to ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs • Reports & Indexes Current Affairs
Cost of Living Index 2021
The Economic Intelligence Unit recently released Cost of Living Index 2021. According to the report, Tel Aviv of Israel is the most expensive city in the world. Key Findings Tel Aviv is the world’s most expensive cities. It was followed ..
Month: Current Affairs - December, 2021
IMF World Economic Outlook- Update
On July 27th the International Monetary Fund has cut India’s GDP growth forecast to 9.5% for the fiscal year 2021-22. Previously, IMF has forecasted 12.5% GDP growth. Highlights relating to India GDP forecast has been cut citing the hit on ..
Month: Current Affairs - July, 2021
World Bank’s Global Economic Prospects Update
According to the Global Economic Prospects Update released by World Bank, global economy is expected to expand 5.6 per cent in 2021. This would be the fastest post-recession pace in 80 years because of strong rebounds from a few major ..
Month: Current Affairs - June, 2021