World Economy

Covid has pushed back world economy by 5-10 years, says Bata Global CEO

When I look at the future with optimism - I am referring to the inevitable rise of the new order, a new normal - an opportunity to recast many of the notions we have taken for granted, Bata's CEO said

published on : 17th July 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

Global economy rebounding, virus remains the main risk, says OECD

It forecast global output would rise 5.8%, raising its forecast from 4.8% during its previous outlook in December.

published on : 31st May 2021

German inflation hits highest mark in a decade in May

The May spike was mainly driven by a 10-percent hike in energy prices year-on-year, Destatis said, up from nearly eight percent in April, when inflation grew 2.0 percent year-on-year.

published on : 31st May 2021