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.
A poor Muslim man from Kurnool, selling khoya buns during the Medaram Jatara in Telangana, was harassed by some YouTubers and surrounded by a mob over allegations of 'food jihad'.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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