Page 37 - Global Economy

WEF Annual Meet 2022 starts May 22 in Davos; Sitharaman, 3 CMs to attend

The WEF Annual Meeting 2022 will be held in Davos from May 22 to May 26 after a two-year hiatus due to Covid-19 pandemic

Dollar edges up 0.16% but cautious as finance ministers G7 meet

The dollar index - which measures the currency against six peers including the yen - ticked up 0.16% to 100.50, following its retreat in the previous session from a more than two-year peak of 101.03

Global FDI back to pre-Covid levels in 2021 but uncertainty looms: UNCTAD

The top ten economies for FDI inflows in 2021 were India, the US, China, Hong Kong, Singapore, Canada, Brazil, South Africa, Russia, and Mexico

OECD slashes growth outlook, but sees limited stagflation risk

Says world economy to grow 3% this year, much less than the 4.5% expected earlier

No sign of overcapacity yet as global commodity prices come off peaks

The exception is energy, which isn't dictated by liquidity conditions, but by decisions of the Opec-plus cartel, where plenty of other factors come into play

World Bank slashes global growth forecast to 2.9%, warns of 'stagflation'

World Bank President said global growth was being hammered by the war, fresh Covid lockdowns in China, supply-chain disruptions and the risk of stagflation, which was last seen in the 1970s

Pax Sinica: How will economics respond to the 'new global order'?

Economics will find a way to include protectionism but building a theoretical case for budget deficits will be much harder

Bonds rally everywhere in May with bulls saying global debt selloff is over

Global investment-grade debt has returned almost 1% in May, the first monthly gain since July, while US Treasuries are heading for their best month since November

WEF 2022: Finding common ground and collaborating for global recovery

Countries and communities that struggled with setbacks caused by lockdowns are now grappling with record-high basic commodities prices, supply chain bottlenecks, and critical food shortages

Global recession can stay for up to 18 months, says Tesla CEO Elon Musk

Breaking his silence over the current global meltdown, Elon Musk said the recession the world is now experiencing owing to multiple macro-economic factors could last up to 18 months

Investing in skills of future can add $8.3 trillion to global economy: WEF

Investing broadly in the skills of the future for both today's and tomorrow's next-generation workforce could add USD 8.3 trillion in increased productivity to the global economy by 2030, WEF said

WEF 2022: Every dollar invested in social jobs to yield $2.3 return

Jobs in the US include 4.2 million teaching jobs, 1.8 million in personal care and service workers, and 900,000 jobs in healthcare.

WEF 2022 day 4 schedule: Here's what will happen at Davos Annual meeting

WEF 2022 day 4 schedule: Leaders from the tech world looked at improved collaboration on Wednesday

WEF 2022: Advanced economies to be back on track by 2024, says Gopinath

Advanced economies will be back on track by 2024, but developing economies will be 5 per cent below where they would have been otherwise, IMF's Gita Gopinath said

WEF 2022: Rebuilding the damaged world is a priority, say global leaders

At World economic 2022 in Davos, business, political, and tech leaders are clear that deeper collaboration is essential to rebuild a world damaged by the Covid-19 pandemic and geo-political aggression

WEF 2022: Outlook grim for global recession but experts weigh how much

"We are not in a recession yet, but the signs are not good," said David Rubenstein, Co-Founder and Co-Chairman of Carlyle at the World Economic Forum's (WEF) Annual Meet on Tuesday

WEF 2022: The World Economic Forum's focus remains the western world

A Business Standard analysis found that the US and the UK top the list of discussions at the World Economic Forum 2022 Annual meeting.

DCO, WEF launch new initiative to boost digital FDI flows globally

The Digital Cooperation Organization (DCO) and the World Economic Forum (WEF) on Tuesday announced a new initiative to boost flows of digital foreign direct investments globally.

WEF Chief Economists Outlook warns consequences from economy fragmentation

The World Economic Forum's Chief Economists Outlook report on Monday warned of dire human consequences from the fragmentation of the global economy

WEF 2022: Here's what will happen on Day 2 at Davos Annual meeting

On WEF 2022 Day 2 schedule, Commerce and Industry Minister Piyush Goyal will be speaking at the WEF event "India at 75: Strategic Outlook"