Topics: Economists

IMF Chief: We are seeing a “fundamental shift” in the global economy

Speaking at Georgetown University’s School of Foreign Service, International Monetary Fund (IMF) Chief Kristalina Georgieva on Friday said, “We are experiencing a fundamental shift...

COVID-19 Update: Industry Bodies says, “India needs stimulus plan or it risks crippling small businesses”

India's small and mid-sized enterprises (SMEs) will struggle for survival if the government does not follow international counterparts in offering financial support to those...

Coronavirus Outbreak: Over $420 billion wipes out from China's stock market

Investors erased $420 billion from China's benchmark stock index on January 3, sold the yuan and dumped commodities as fears about the spreading novel...
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China's consumer inflation at eight-year high

China's consumer inflation climbed to nearly eight-year peaks in November as pork prices doubled, but factory-gate prices remained in the red, adding to uncertainty...

India making sixth interest rate cut, still no cure for economy

Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but...

IMF: Tariffs imposed by the U.S., China may decrease global GDP by 0.8% for 2020

Tariffs imposed or threatened by the United States, and China could shave 0.8% off global economic output in 2020 and trigger more losses in...
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China’s economic growth in 2019 is expected to slow by 6.2% despite policy support

China's economic growth is expected to slow to a near 30-year low of 6.2 percent this year, a Reuters poll showed on April 12,...

The Brexit deal ‘won’t pass’ in the near future says UK’s PM Theresa May

British Prime Minister Theresa May acknowledged that the government's strategies to get her Brexit deal approved in Parliament failed, saying on April 6 there's...

Wall Street dips after the global economic slowdown report

Wall Street stocks sold off sharply on Friday, with all three major US stock indexes posting their biggest one-day percentage declines since Jan. 3,...
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Economists say, Britain’s economy to make a moderate post-Brexit recovery if deal agreed

Britain's economy will barely grow in the run-up to Brexit amid concern the UK will leave the European Union without an agreement, but if...

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