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Thursday, March 28, 2024
TopicGlobal Economy

Topic: Global Economy

Wheat price surges to all-time high as Russian invasion cuts off supplies from Ukraine

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.

How to make sense of market forecasts in wartime

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.

Here’s why Covid-19 and climate change could be an end to economics as we know it

The onset of the pandemic had kicked off speculation about how it might reshape the ways economies behave, maybe even ushering in a distinct period.

To expand India’s strategic autonomy, we need to get back to high growth economy fast

India needs to integrate with the global economy. But first, it must become the engine of growth for the entire sub-continent.

IMF says US, China remain vital engines of growth in global economy despite slowing momentum

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.

Global economy to rebound strongly but emerging, developing nations will struggle: World Bank

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.

India’s Covid crisis can push back the world’s economic recovery post-pandemic

If the leading powers fail to do everything they can to help out, India’s crisis will become a world crisis — for health and economy.

Unequal allocation of Covid vaccines could cost the world economy $9.2 trillion

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.

World economy faces tougher start to 2021 as slow vaccine rollouts delay recovery

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.

‘Keep the faith, trust the recovery’, Morgan Stanley says in its outlook for 2021

In an outlook for 2021, Morgan Stanley recommended investors overweight equities and corporate bonds against cash & government debt, and sell the US dollar.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

BRO connects new axis to Ladakh, to be shortest route

The all-weather Nimmu-Padam-Darcha Road will connect Manali to Leh through Darcha and Nimmu on Kargil-Leh Highway.

For BJP, Kejriwal is an idea whose time has come to be destroyed

The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.