Global crisis

Is a full-blown global banking meltdown in the offing?

If everything is fine, then why have US banks borrowed $153 billion at a punitive 4.75% against collateral at the discount window, a larger amount than in 2008/9?

published on : 23rd March 2023

One person dying of hunger every four seconds: NGOs issue warning over global crisis

"A staggering 345 million people are now experiencing acute hunger, a number that has more than doubled since 2019," they said in a statement.

published on : 20th September 2022

G7 warn of Ukraine grain crisis, ask China not to aid Russia

German Foreign Minister Annalena Baerbock, who hosted a meeting of top G-7 diplomats, said the war had become a “global crisis.”

published on : 15th May 2022

India making steady progress, global crisis notwithstanding: RBI article 

The article in the RBI Bulletin on 'State of the Economy' said, "unfolding global developments nevertheless pose downside risks in terms of spillovers.

published on : 17th March 2022