The global economy is facing both Covid and inflation, forcing governments to take new measures. Until most of the world’s population is vaccinated, the recovery will be uneven.
Ukraine and Russia together account for over a quarter of global trade of wheat. The war has closed major ports in Ukraine, and severed logistics and transport links.
It's not the responsibility of Wall Street to come out with better forecasts. The responsibility is on the end users to spend a few hours digging into the research.
Ahead of the release of the updated World Economic Outlook next week, IMF MD Kristalina Georgieva says she now expects growth to moderate slightly this year.
World Bank warns of substantial uncertainty beyond 2021. Growth in low-income nations is expected to be the second-slowest of the past 20 years, held back by lack of access to vaccines.
Emerging and developing economies are vulnerable to richer countries hoarding their doses because their fragile health systems are straining under the weight of mounting infections.
While global growth is still on course to rebound from the recession of last year at some point, it may take longer to ignite and not be as healthy as previously forecast.
It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.
In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.