Source link Beijing has urged Washington not to politicize bilateral trade and to abide by “basic norms” of market economy Chinese Premier Li Qiang hosted US Treasury Secretary Janet Yellen in Beijing on Sunday. Following the talks, both top officials said relations between the two nations were “stabilizing,” but a number of issues remained unresolved. […]
Source link The Reserve Bank of India has kept the key interest rate unchanged at 6.5% amidst a stable economy In line with experts’ projections, Reserve Bank of India (RBI) Governor Shaktikanta Das affirmed on Friday that the crucial policy repo rate would be maintained at 6.5% as the economy is showing signs of robust […]
Source link Billionaire Niranjan Hiranandani reveals how the focus on infrastructure is moving the country forward in the show Let’s Talk Bharat Indian billionaire, co-founder and managing director of Mumbai-based real estate giant Hiranandani Group, Niranjan Hiranandani, has lauded the focus of Prime Minister Narendra Modi’s government on improving India’s infrastructure to achieve double-digit growth […]
Source link GDP is now expected to grow by just 0.1% this year, leading economic think tanks say A group of leading German economic institutes have slashed growth forecasts for the EU’s top economy in 2024 to 0.1% from an earlier projection of 1.3%. In a “Joint Diagnosis” report published on Wednesday, the economic think […]
Source link The European bloc will double its production of artillery shells by the end of 2024, Charles Michel said The EU must reimagine its military strategy and drastically ramp up its defense production in order to help Ukraine in its ongoing conflict with Russia, European Council President Charles Michel said on Monday. He made […]
Source link Russia’s economy continues to successfully battle through all the hardships, all while growing stronger, the Economist reported in its latest piece published on Sunday. Moscow has repeatedly “defied the doomsayers,” the British weekly saidadding that its economic performance appears to be going back to the pre-conflict levels despite numerous rounds of unprecedented sanctions […]
Source link Disparity persists in many areas but gender-equality could be fast-tracked through reforms, a report says Closing the gender gap could boost global GDP by over 20%, doubling the world’s growth rate over the next decade, according to the World Bank. Inequality persists across numerous areas, including education, health, work, wages, and labor participation, […]
Source link The country’s GDP surged 8.4% between October and December 2023, data has shown India is the world’s fastest-growing economy and its expansion in the final quarter of last year exceeded expectations, according to International Monetary Fund (IMF) executive director Krishnamurthy Subramanian. Indian gross domestic product (GDP) grew 8.4% between October and December 2023, […]
Source link Currently, 90% of the country’s growth comes from non-resource-based industries, according to the president The Russian economy is becoming more complex and technologically advanced and less based on natural resources, President Vladimir Putin said on Thursday in a key annual speech to the Federal Assembly, the country’s national legislature. The country’s non-resource-based exports […]
Source link The country hopes to become one of the top four global economic powerhouses, the president has said © Getty Images/Mordolff You can share this story on social media: Follow RT on
Source link Sanctions are a tool used by the “slowing” West to stall the growth of developing countries, Anton Siluanov has said The global economy is changing as developing countries are now rapidly outpacing the major advanced economies of the West, Russian Finance Minister Anton Siluanov said in an interview with RIA Novosti published on […]
Source link Media commentary gleefully proclaiming the end of China’s rise fail to take into account the global realities that Beijing is effectively adapting to By Timur Fomenko, a political analyst If there’s one thoroughly unoriginal strand of thought on China present in the mainstream media today, it is the idea that China’s economy has been […]
Source link Israel’s economy faced one of the biggest contractions in the country’s history in the fourth quarter of last year due to the ongoing war with Hamas, a report from the country’s Central Bureau of Statistics revealed on Monday. The country’s GDP slumped by a seasonally adjusted 19.4% in the final three months of […]
Source link The German government will revise down its forecast for economic growth in 2024 to 0.2% from an earlier projection of 1.3%, Economy Minister Robert Habeck has warned, according to Bloomberg. Habeck is expected to present the government’s latest economic report and updated forecasts next Wednesday. As among the key factors weighing on the […]
Source link Japan is no longer the world’s third largest economy after unexpectedly slipping into recession at the end of last year, according to official figures released on Thursday. Germany has now moved into third place in terms of nominal GDP. GDP shrank by an annualized 0.4% in the fourth quarter of last year, following […]