Global economy

US, China remain vital engines of growth as global economic recovery 'hobbled', says IMF

By contrast, in many other countries growth continues to worsen, hampered by low access to vaccines and constrained policy response, especially in some low-income nations.

published on : 5th October 2021

Vaccine nationalism and global economic recovery

The IMF, WHO, etc., would like trade hurdles to vaccine inputs removed and nations with excess doses to share at least 1 billion doses with those that need them.

published on : 30th July 2021

IMF forecasts six per cent global growth this year as economies reopen

The IMF said on Tuesday that it expects the global economy to expand 6 per cent this year - a dramatic bounce-back from the 3.2 per cent contraction in the pandemic year of 2020.

published on : 27th July 2021

Global economy can lose USD 4 trillion due to Covid-19 impact on tourism: UNCTAD

The estimated loss has been caused by the pandemic's direct impact on tourism and its ripple effect on other sectors closely linked to it.

published on : 30th June 2021

Global economy expected to expand 5.6 per cent in 2021, says World Bank

Tthe World Bank said that at the same time many emerging markets and developing economies continue to struggle with the COVID-19 pandemic and its aftermath.

published on : 8th June 2021

Emerging trends of global economic recovery

But the underlying point is that economic growth—or the growth recovery process—is contingent on containing the spread of the disease.

published on : 24th February 2021

Australia central bank chief slams US Presidents Donald Trump tariffs as 'bad policy'

Australia's central bank chief Wednesday slammed Donald Trump's decision to levy steel tariffs as 'bad policy' and warned of 'a very big shock' to the global economy if it sparks retaliation.

published on : 7th March 2018

RBI keeps policy rate on hold for third meeting in a row

The Reserve Bank of India kept its repo rate at 6.25 percent for a third consecutive policy meeting on Thursday.

published on : 6th April 2017