The IMF’s new boss, Kristalina Georgieva, sees a “serious risk” the slowdown will spread, and it’s likely to cut its 2019 global growth forecast from 3.2%.
With South Korean electronic device manufacturers reliant on chemicals from Japan, any delay in their production has the potential to disrupt global tech supply chains.
While tight labour markets globally and the recent shift by central banks should provide a cushion, economists are starting to war game for how a recession could happen.
India’s foreign policy today is driven less by Western alignment or global liberalism and more by domestic political imperatives — economic, ideological, and electoral.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
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