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Saturday, May 25, 2024
TopicGlobal Economy

Topic: Global Economy

Global economic outlook has worsened since our last forecast 3 weeks back, IMF says

The IMF said in the World Economic Outlook report on 14 April that global gross domestic product will decline 3% this year.

Why financial markets will never be the same after the coronavirus crisis

Airlines, oil-drillers and other troubled industries are in line for bailouts, while banks are being browbeaten to stop paying out dividends

Survey shows Indians want economy to reopen but are most nervous about leaving home amid Covid

The IPSOS survey was conducted on more than 28,000 people across 14 countries between 16-19 April.

World could leap ‘from Covid frying pan into climate fire’ if carbon emissions aren’t cut

G20 finance ministers and central bankers from 53 countries agree that many of the most effective solutions to Covid-19 are also those that reduce carbon footprint.

Why manufacturing economies will bounce back faster than service economies after pandemic

Getting companies to resume operations & factories to reopen is one thing. Persuading consumers to brave catching the coronavirus and go out is another.

Economists screwed up in 2008. Covid-19 gives them a shot at redemption

This downturn will be bigger & more complicated than 2008, which only increases need for theories to anticipate some of the potential scenarios.

You can flood the world with money but it’s losing its meaning

It’s been some time since people thought about the concept of money and its purpose. The broad idea is that money has value, but that value is not arbitrary.

Why reopening the economy after pandemic will be more about ethics than science

The choice of when to reopen is not a scientific question, but a moral one informed by science: how much coronavirus risk are we willing to accept?

WFH is giving the world economy a sneak peek at our digital, virtual future

Cheaper internet connectivity has enabled explosive growth in online tools, allowing many white-collar roles to be done at home.

Don’t make Depression-era mistake, world needs post-pandemic stimulus: IMF’s Gita Gopinath

Once recovery has happened & we are past pandemic phase, advanced economies must undertake a broad-based stimulus, Gita Gopinath says.

On Camera

Lower oil prices lead to 4x profits for oil firms, bonanza for govt, but no relief for aam aadmi

Petrol & diesel prices have barely changed since June 2022, even though oil prices have fallen 28% since then. This has boosted profitability of OMCs and dividend payouts to govt.

Indian Coast Guard conducts pollution response seminar and mock drill in West Bengal

The event was organized by the ICG at its headquarters coast guard district.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?