Topic: 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...
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...
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...
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...
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...
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...
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...
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...
G7 summit postponed; To be expanded as G10 or G11
The US President Donald Trump recently announced that the USA is postponing the G7 summit to September 2020. Also, President Trump intends to expand the G7 group to...
International Monetary Fund predicts India’s Growth Rate at 1.9%
Following the World that set India’s Growth rate between 1.5% and 2.8%, the International Monetary Fund has set growth rate of India at 1.9%. On April 14, 2020,...
IMF: Recession due to COVID-19 to be worse than 2009
On March 24, 2020, the International Monetary Fund announced that the recession to be caused due to Corona Virus is to be worse than the 2009. IMF has... 