TopicGlobal Economy

Topic: Global Economy

Sailors are stranded and that’s posing a big risk to safety of shipping and global trade

Adam Minter - 9 April, 2020

Thanks to coronavirus, the critical process of reducing sailor fatigue is breaking down, threatening the safety of the world's waterways.

Global economy faces a $5 trillion hit due to Covid-19. That’s more than Japan’s GDP

David Goodman - 9 April, 2020

The downturn is predicted to be short-lived, but it is unlikely to return to its pre-crisis trend until at least 2022.

Can China be brought before an international court over Covid pandemic? Yes

Vanshaj Jain - 9 April, 2020

The court action would require significant international cooperation and willpower to implement. But to avoid another pandemic, it must be done.

Samsung will offer the first clue on how badly Covid-19 will hurt global tech firms

Sohee Kim - 6 April, 2020

Samsung unveils preliminary earnings Tuesday & paint a picture of how the pandemic impacted the global tech industry in 2020’s first three months.

Global economy could shrink by almost 1% in 2020 due to COVID-19 pandemic: UN

Yoshita Singh - 2 April, 2020

Analysis by the UN Department of Economic and Social Affairs noted that before the pandemic, world output was expected to expand at 2.5% in 2020.

Oil prices plummet to 17-year low as demand sinks and crude surplus balloons

Rob Verdnock - 30 March, 2020

Oil futures in London fell as much as 7.6% to the lowest since November 2002, while New York crude briefly dipped below $20 a barrel.

Study shows coronavirus lockdown can be beneficial for economy

Scott Kominers - 28 March, 2020

The study, by economists Sergio Correia, Stephan Luck and Emil Verner looks at the economic impact of the 1918 Spanish flu pandemic in USA.

Social distancing is ruining the big bet on the sharing economy

Takahiko Hyuga - 26 March, 2020

As coronavirus curtails unnecessary human interaction, it’s hammering businesses that helped people split the use of cars, rooms and offices.

Coronavirus advice from leading economists: Bring out the big artillery

Rosamond Hutt - 24 March, 2020

Economists say it’s still too early to tell how bad the economic damage from COVID-19 will be, but it will be large. They suggest bringing on fiscal firepower.

This recession will surely be as bad as 2008 global financial crisis, if not worse: IMF

Eric Martin - 24 March, 2020

Institute of International Finance projects a 1.5% contraction in global economy this year, with advanced economies shrinking 3.3%.

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Topic: Global Economy

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Opinion

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

India must kill terrorists. Nijjar blowback shows it also needs laws to guide assassins

Don’t ask your date if they want to see you again. Their mercury retrograde is a tell-tale sign

Economy

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Defence

China builds road through Shaksgam Valley, India registers protest

National Interest

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

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