The Great Depression was not simply the stock market crash of 1929. It brought profound cultural, social, and political changes to the world, from Minneapolis to Mumbai.
The Bloomberg’s Misery Index tallied inflation and unemployment outlooks for 60 economies. Almost all the economies surveyed are projected to be more miserable this year.
How many migrants will risk another life-and-death experience? Will employers be forced to offer better terms to get them back? The future invites many questions.
IMF predicts the worst recession for world economy since Great Depression due to the Covid pandemic. India’s situation is more precarious with a ‘masterstroke’ Modi at helm.
IMF’s outlook is for partial recovery in global economy in 2021 if pandemic fades in second half of this year to allow a gradual lifting of containment measures.
At 2nd such summit in Punjab for top investors organised by AAP since it came to power in Punjab, Lakshmi Mittal announced his Bathinda refinery has increased production of LPG by 3,000 tonnes/day.
The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
COMMENTS