scorecardresearch
Friday, August 15, 2025
TopicGlobal Economy

Topic: Global Economy

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

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

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

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

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

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

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

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

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

Coronavirus is just the start, get ready for a bigger disruption

The coronavirus crisis signals a radical transformation, of the kind that occurs once in a century, shattering previous assumptions.

Jagran says Scindia departure setback for Congress, Amar Ujala worried about global economy

A weekend round up of editorial comments in leading Hindi newspapers on the most topical issues of the week.

On Camera

Trump is swinging on Russia again. What this means for Europe’s security architecture

The dynamics between Europe and Russia have gone so south that mending fences looks like an uphill task—even as the US swings between sanctions and olive branches.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

President awards 1st set of Sarvottam Yudh Seva medals since Kargil, 7 honoured for leading Op Sindoor

This year, the Indian Air Force received four of the seven awards, followed by the Indian Army with two medals, and the Indian Navy with one. 

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.