World economy

03 Apr 2019

In a worst case scenario in which international cooperation on tariffs breaks down completely and countries set tariffs unilaterally, WTO expects a reduction in world GDP in 2022 of about 2 per cent and a reduction in global trade of about 17 per cent compared to baseline projections

29 Mar 2019

26 Mar 2019

25 Mar 2019

While almost 110,000 people have been saved, according to the National Institute of Disaster Management, at least 600,000 people have been displaced, the WFP said

25 Mar 2019

Attorney General William Barr said the investigation by US Special Counsel Robert Mueller into the alleged Russian meddling in US elections failed to prove any Russian connection to Trump and that there was insufficient evidence that Trump had attempted to obstruct justice

22 Mar 2019

The Federal Open Markets Committee said the decision to leave the target range for the federal funds rate at 2.25 per cent to 2.5 per cent was based on labour market conditions, inflation indicators and readings on financial and international developments

22 Mar 2019

22 Mar 2019

If Prime Minister Theresa May wins the 29 March parliament vote, Britain will get time until 22 May to leave the Union, so as to avoid legal wrangling and smoothen the process

13 Mar 2019

Lawmakers will now vote on whether Britain should quit the European Union without a deal, even as business leaders caution against such a move that would disrupt markets and supply chains, causing shortages of food and medicines

12 Mar 2019

While the new wording “will guarantee that the EU cannot act with the intent of applying the backstop indefinitely,” the changes fall well short of Brexiteers’ demands for a unilateral British exit from backstop – a mechanism that ties Britain to the EU customs union

08 Mar 2019

ECB President Mario Draghi said the package of assistance from new loans for banks to a longer pledge on record-low rates is intended to expand existing stimulus as growth in the euro-zone economy is forecast to drop 0.6 percentage points to 1.1 per cent this year

04 Mar 2019

27 Feb 2019

25 Feb 2019

22 Feb 2019

18 Feb 2019

18 Feb 2019

18 Feb 2019

15 Feb 2019

Democrats are proposing a tech wall to secure the US border, a move that would enrich tech and military contractors like Raytheon, Amazon, and the likes of Geo Group while extending civil rights violations through fresh surveillance

13 Feb 2019

The US International Development Finance Corporation, which has a corpus of $60 billion, will be able to make equity investments in the private sector overseas, according to a US government official

11 Feb 2019

31 Jan 2019

31 Jan 2019

With barely two months for the March 29 deadline for Britain to leave the EU, hectic efforts are on to stave a crisis

30 Jan 2019

29 Jan 2019