Wednesday, 29 June, 2022
TopicWorld Economy

Topic: World Economy

Green shoots emerge in world economy as virus lockdowns ease

Indicators such as electricity demand and traffic congestions point to a modest 'lift of lows', as economic recovery remains uneven in the absence of a vaccine.

How will you restart the economy? There is no perfect answer

There are likely to be unknown unknowns and, with that, a high risk of collateral damage & unintended consequences.

V, U, W, L or Nike Swoosh? Economists are trying to figure out shape of global recovery

A V-shape in which the rebound is as swift as the slump was the favoured trajectory early on, but now more are starting to worry about a U-shape.

The 5 days when world economy’s guardians fought virus and market turmoil

As the week draws to an end, an unprecedented 31 central banks have slashed interest rates and many of them have even activated the crisis playbook.

Wartime mood grips world leaders, and debt fears melt away

Capitals from Berlin to Washington are shaking off fiscal restraint and vowing to fight the virus’s economic fallout with a blitz of spending.

Coronavirus will change how we shop, travel and work for years

Traces of habits like holding fewer meetings and less travel or working from home will endure long after the virus lockdowns ease, acting as a brake on demand.

Global economy is gripped by a rare twin shock of supply and demand, thanks to coronavirus

Coronavirus is hammering capacity to produce goods as Chinese factories remain shuttered. And consumers everywhere are reluctant to shop, travel or eat out.

Only fiscal stimulus can revive global economy, finance ministers & central bankers agree

A synchronised slowdown across almost 90% of world economy dominated talks at the IMF & World Bank’s annual meetings in Washington last week.

As US economy teeters close to a recession, China won’t be saving the world this time

One of the key drivers of the global economy during the 2001 and 2008 crises, China is unlikely to feed a fiscal stimulus given its massive buildup of debt.

US-China trade war keeps global manufacturing stuck in a slump

The world economy is failing to rebound from the slowdown that has plagued it for the whole of this year amid mounting trade tensions and rising Brexit risks.

On Camera

YourTurn

J.P.Singh, joint secretary (Pakistan, Afghanistan and Iran Division), MEA, meets Taliban's interim foreign minister Amir Khan Mottaki | Photo credit: Twitter/@QaharBalkhi

Hard-nosed, practical—why India has revived relations with Kabul, and why Taliban is welcoming

By protecting the Indian embassy in Kabul for the last ten months, the Taliban is sending a message to its neighbours and the rest of the world.
An employee works at Mahindra & Mahindra Ltd. facility in Chakan, Maharashtra | Bloomberg file photo

Bigger cars, smaller chips — Why Mahindra is worried about increased wait time

A major focus for Mahindra will be defending its market share in the large-format SUV segment from Tata Motors and Hyundai Motor.

Defence

The Indian Air Force logo | Commons

Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations

These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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