GLOBAL ECONOMY
Surging shipping rates pose new headwind for the global economy
Just a few weeks ago, the bottlenecks at ports from Singapore to Los Angeles and Rotterdam were looking like short-term headaches and added costs during peak season. Now they’re threatening to act more like a brake on the global recovery.
WHO says guidance on travel can change in bid to protect economies
"It is very difficult to legislate risk management at a global level that ...
Slow global economy: High cyber fraud cases on Indian exporters
While the government has said that such cyber frauds are causing increased bi...
IMF urges countries to continue strong fiscal, monetary support
In October, the Fund forecast a 4.4% global GDP contraction for 2020, followed by a rebound to growth of 5.2% for 2021.
FSDC sub-committee reviews developments in economy
It also reviewed the activities of various technical groups under its purview and the functioning of State Level Coordination Committees (SLCCs) in various states and Union Territories.
Global economy can shake off pandemic in 2021, leaders say
World Bank Chief Economist Carmen Reinhart said increasing debt distress in many of those countries meant that China, now the world's largest official creditor, would need to start restructuring the debt it is owed.
Global economy starting 2021 stronger, virus-vaccine race clouds outlook-IMF economist
"What is true as of now is that we're starting out the year at a somewhat stronger point than we had expected in 2020, which is a good thing" Gita Gopinath told CNBC. "But right now, it's a race between the virus and the vaccines and until we get past this, I think this is a pretty difficult period at this time."
The global economy in the new decade
The shift to sustainable production techniques requires stronger political willpower. But a failure to do so will have graver repercussions than the pandemic. And like economic inequality, it will have implications that are far-reaching and menacing. Hopefully, the latest economic shock nudges the world into the right direction.
5 key takeaways for global markets in 2020
Apart from a few weeks culminating in the 2020 market lows of March 23, stocks managed to shrug off what has been a drastic collapse in global economic activity with significant immediate and longer-term consequences.
Only one number mattered to global markets in 2020
The market is always about what will happen rather than what has happened, and it’s been highly profitable in recent years to buy whenever the market pulls back.
View: A low-carbon economy will unlock opportunities for growth, jobs and development
The benefits that climate-friendly policies have yielded in some countries in the form of cleaner air, improved energy security, new job opportunities and competitive advantage have led more countries to consider the transition to a lowcarbon economy.
A Cambridge economist decodes how Covid exposed global economy's frailties
"When I looked at China I was a bit surprised. A lot of people said in April that a lot of economies would have a V shaped recovery. Our results show an inverse square root recovery, like a U shaped recovery. China is extremely important to other emergent Asian economies. Why is China different? There are three elements to it."
Factory floors keep global economy chugging along amid virus hit
The electronics industry is enjoying particularly strong demand, helping to propel North Asia’s factories. South Korea’s semiconductors shipments surged 16% in November.
OECD sees global economy turning the corner on coronavirus crisis
The global economy will grow 4.2% next year and ease to 3.7% in 2022, after shrinking 4.2% this year, the Organisation for Economic Cooperation and Development said in its latest Economic Outlook.
Big & bold - Taxing the global digital economy
Digital economy is a concept that often defies traditional concepts and prototypes, overrides traditional edicts of taxation and is very often viewed suspiciously by tax authorities.
