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.
Coronavirus is hammering capacity to produce goods as Chinese factories remain shuttered. And consumers everywhere are reluctant to shop, travel or eat out.
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.
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.
There are numerous policy and practical barriers preventing displaced people from contributing to the global economy but investing in them can reap significant returns
The world economy might be messy and there will be regional divergences aplenty, but it is not terrible as IMF data shows there are still some chances of growth.
Over generations, Bihar’s bane has been its utter lack of urbanisation. But now, even Bihar is urbanising. Or let’s say, rurbanising. Two decades under Nitish Kumar have created a new elite in its cities.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
It will certainly change the way we greet people. The handshake will be gone for a few years, to be replaced by the Namaste !