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Wednesday, October 29, 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

Russia’s super-missile test shows a new, expensive technological race—with dire outcomes

The test raises a question. Why have Russian nuclear strategists now invested in the Burevestnik, when the US abandoned nuclear ramjet propulsion in 1964?

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.