In recent La Niña years, global losses have ranged from $258 billion to $329 billion. The phenomenon is often linked with droughts in California, Argentina and Brazil, and flooding in Southeast Asia.
What was supposed to be a peaceful celebration at Australia’s most iconic beach turned into the country’s deadliest attack as a crowd celebrated the Jewish festival of Hanukkah.
Global investors have poured billions into the sector, making it the world’s most closely watched experiment in rapid deliveries. Similar ventures across US, Europe and Asia have unravelled.
A state visit to India by Russian President Vladimir Putin comes at a particularly delicate moment. The two countries hope to strengthen what they call a ‘special and privileged strategic partnership’.
In its report on India last week, IMF assigned a ‘C’ rating to the country’s national accounts statistics, which includes data on GDP, consumption and income levels.
The underlying issue is that there hasn’t been enough of a structural change in the economy since the launch of reforms in 1990-91, despite per capita incomes multiplying nearly five-fold.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Both the Russian and Ukrainian militaries are leaning on drones, but they’re also firing cruise and ballistic missiles, some of them relatively new and experimental.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
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