WORLD ECONOMIC FORUM
Tackling the inevitable: The need for new economic ideas in the time of coronavirus
The economy stands upon a mountain of debt in a time when growth is nowhere in sight to service them.
Take Five: World market themes for the week ahead
Banks have rushed to slash Q2 forecasts too, so expect more turbulence on financial markets...
A global consumer default wave is just getting started in China
The early indicators from China aren’t pretty. Overdue credit-card debt swell...
View: The world-shaking news that you’re missing
No one seemed to notice that almost exactly 30 years after the Berlin Wall fell, a new wall — a digital Berlin Wall — had begun to be erected between China and America. And the only thing left to be determined, a Chinese business executive remarked, “is how high this wall will be,” and which countries will choose to be on which side.
How Coronavirus has upended economics in just a few weeks
Economic orthodoxies are getting tossed aside at a furious pace. Some of them may be gone for good.
COVID-19: Indian's economic growth likely to decline by 200 bps in FY21, says Yashwant Sinha
Sinha, who has been quite vocal about the Modi government's policies in the last couple of years, noted that the Indian economy has been on a downward trend for 7-8 quarters now, and the decline started long before the coronavirus outbreak.
Brave New World: Where is gold headed? Fed balance sheet telling something
US energy stocks are weaker than they have been since the Great Depression relative to the broader S&P 500
US tops world in coronavirus cases, overtaking China and Italy
In the United States, more than 82,000 people have tested positive for COVID-19, edging out Italy, which has reported the most deaths, and China, where the virus was first detected in December in the metropolis of Wuhan.
Ensure strict compliance of treaty on banning biological weapons: India
In a statement, India said the impact of the COVID-19 pandemic has underlined the need for international cooperation, including institutional strengthening of the World Health Organisation. India has been working with other member countries of the Convention to establish a database which can play an important role in dealing with bio-threats and bio-emergencies.
India likely to unveil $20b-plus economic stimulus package
The stimulus plan could be as large as Rs 2.3 tn, but final numbers were still in discussion.
G-20 virtual summit to take stock of Covid-19 economic impact
The G-20 is expected to support the IMF and World Bank commitments to extend financial support to developing countries that need it and invite countries to strengthen funding facilities, officials said.
Print money to handle this once-in-a-century crisis: Swaminathan Aiyar
"Our stimulus effort makes us look like pygmies compared with the rest of the world."
Bruised Indian economy to be battered further by coronavirus: Reuters poll
According to the Reuters poll of economists taken March 25-26, India's economy will expand just 4.0% annually on a year ago in the quarter that ends on March 31, the weakest since comparable records began in early 2012. India's informal sector, the backbone of the economy, will be hardest hit as economic activity comes to a standstill.
Saudi king to chair G20 video summit on coronavirus on March 26
Saudi Arabia's King Salman will chair an emergency virtual summit of G20 leaders, including Prime Minister Narendra Modi, on Thursday to advance the coordinated response to the novel coronavirus pandemic that has claimed nearly 19,000 lives and upended life and businesses across the globe.
A falling yen may not be the economic cure Japan seeks
The yen, which investors typically snap up as a safe haven in times of financial market stress, fell nearly 10% against the dollar this month, as pandemic fears spurred a stampede into the refuge of the world's most powerful currency.
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