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Searched Tag: global economy
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India's economic outlook positive amid global uncertainty

March 11, 2025, 05:02 PM - 4 min read

If these tariffs are implemented in April as scheduled, they could leave a huge impact on global trade, supply chains, and economic growth, experts said.

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India ready to block Pak’s investment in BRICS Bank

March 11, 2025, 02:03 PM - 2 min read

Earlier in February, the Pakistani government had approved the acquisition of 5,882 NDB shares worth $582 million, with $116 million as paid-in capital.

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China manufacturing activity shrinks first time in 4 months

January 27, 2025, 03:48 PM - 2 min read

Based on a poll of factory managers, the National Bureau of Statistics said that its purchasing managers index fell from 50.1 in January to 49.1 in January.

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Dollarisation is beneficial for global trade. But it brings particular benefits to the US, as other countries need to hold US dollars to facilitate trade and pay for many commodities. 

Why Trump’s election could be end of US dollar dominance

December 12, 2024, 07:50 PM - 5 min read

The US dollar will remain a global currency for the foreseeable future. But Trump’s “America First” policy, as well as the greater weaponisation of the US dollar, could lead to its relegation from being the only world currency.

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The anatomy of global inequalities

The anatomy of global inequalities

October 16, 2024, 06:05 PM - 6 min read

There is strong reason to believe that institutional differences in countries can explain the difference in prosperity levels. The developed world has a common thread in the form of political and economic structures.

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WEF survey shows cautious optimism for global economy

September 25, 2024, 05:08 PM - 3 min read

Based on a survey of leading chief economists from across the world, the report highlighted that debt levels and fiscal challenges are placing significant pressure on economies worldwide, leaving them vulnerable to future crises.

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India's 2024 economic growth revised upwards by United Nations.

UN revises India's 2024 economic growth forecast to 6.9%

May 17, 2024, 09:43 AM - 2 min read

The world economy is now forecast to grow by 2.7 per cent in 2024 (an increase of 0.3 percentage points from the forecast in January) and 2.8 per cent in 2025 (an increase of 0.1 percentage points).

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A recent survey suggests that the global economy is primed to maintain its robust momentum throughout the remainder of 2024 and into 2025, contrary to earlier predictions of a slowdown.

Global economy set for strong growth in 2024 defying earlier slowdown fears: Survey

April 26, 2024, 12:19 PM - 2 min read

Nathan Sheets, Global Chief Economist at Citi, stated, "So far we've been marking up growth for the global economy in a number of places including major economies like the U.S. and China, Europe to some extent as well. So it's feeling solid."

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The latest reports from the World Bank confirm India's exceptional performance amidst a backdrop of global uncertainty.

India's economy outpacing global growth trends: Economic Secy Ajay Seth

April 19, 2024, 02:50 PM - 2 min read

Seth attributed India's economic success to sustained consumption and investment demand, underpinned by a proactive approach to reforms and sustainable growth initiatives

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Scientists have issued a dire warning regarding the economic toll of climate change, projecting $38 trillion annual cost to the global economy within the next 25 years.

Climate Crisis: Global economy faces $38 trillion annual hit within 25 years

April 18, 2024, 01:54 PM - 2 min read

Drawing from an extensive analysis of over 1,600 regions worldwide spanning four decades, the researchers constructed a model to forecast future economic losses attributable to human-induced climate change. They emphasize that these losses, primarily stemming from temperature and rainfall variations, affect critical sectors like agriculture, labor, and infrastructure.

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UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

UNCTAD report: Global growth at 2.6%, India's economic surge reaches 6.5%

April 16, 2024, 09:56 PM - 2 min read

The UNCTAD forecasts global growth at 2.6%, with India's economy strong at 6.5%. Europe and the Americas face economic challenges, Africa's growth is modest, and global merchandise trade fell 1% due to trade tensions and shipping disruptions.

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The robust growth of the United States emerges as a cornerstone for the ongoing global expansion.

US Economy boom raises inflation alarm

April 15, 2024, 02:18 PM - 2 min read

  Concerns loom large over persistent inflation and stringent monetary policies in the world's largest economy. As financial leaders from around the globe convene in Washington for the spring meetings of the International Monetary Fund and World Bank, attention pivots to the outlook for short-term economic fortunes worldwide. 

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