Global economy continues to face risks and challenges as a result of renewed inflation shock due to a war between Israel and Hamas. Experts believe that there is a growing concern regarding the significant increase in oil prices. These experts opined that the conflict threatened to further impact fragile global outlook because world’s leading central banks
Discover the alarming truth behind the US national debt crisis and whether economic growth is enough to overcome the staggering $33 trillion burden. The Peter G. Peterson Foundation believes the US’s $33 trillion debt crisis mountain is likely to grow even larger – and policymakers and legislators can’t rely on the economy to solve the
Manulife Investment Management Global Chief Economist and Strategist Frances Donald says a soft landing would be more problematic for investors than a short recession. It doesn’t seem like a Fed that would cut rates without a recession with the price level shock we’ve seen in the past couple of years,” she told CNBC on Friday.
India’s exports surge in key sectors, trade deficit falls in September. There is a 31% reduction in India’s trade deficit, which amounts to USD 19.4 billion. USD 34.5 billion worth of exports declined by 2.6%. Exports of engineering goods increased by 6.8% According to India’s Commerce Ministry, the trade data for September 2023 showed a
The Israel-Palestine War has been categorised as the worst attack on Israeli soil in several decades. Tensions started when there was a surprise attack by Iran-backed Hamas, which is a Palestinian militant group. This attack killed more than 1,000 in Israel and several other were wounded many. As a result of Israel-Palestine War, there were
Discover how passive flows are shaping the landscape of foreign capital inflows and what this means for global economies. Passive investing is becoming increasingly popular in India as well. Just as in the US, where nearly 37.8% of stocks are owned by passive investors who invest in exchange traded funds that track benchmark indices, India
Although India has had sporadic current account surpluses in recent years, there have been rumors of sustained surpluses. Nevertheless, it is not a favourable prospect if India is to continue on its growth path. There is a lopsided view among economists on whether the country can attain current account neutrality or, for that matter, a
Since the current financial year started, Foreign Portfolio Investors (FPIs) have been buying Indian stocks, but they appear to be switching their focus to US bonds. For the first three weeks of September, they have pulled out ₹10,000 crore from Indian stocks due to rising US interest rates .According to market pundits, the hawkish Fed
Despite china economy slowdown, the country may still experience a few rebounds, similar to the “false dawns” Japan saw in the 1990s. The Chinese tech sector, which continues to outperform other leading economies, could cause temporary bouncebacks. Despite Beijing’s heavy-handed regulation of its tech firms, these industries continue to grow; for example, China is the
When we talk about the richest country in the world, we look up to its economic status. However, there are several factors affecting the wealth of a country. From the industries they excel at to their population, everything matters. The lifestyle of individuals living in a particular country also changes according to the country’s status.
