India ‘easily’ world’s fastest-growing economy – IMF — RT India

India ‘easily’ world’s fastest-growing economy – IMF — RT India

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, […]

Russian economy becoming more sustainable – Putin — RT Business News

Russian economy becoming more sustainable – Putin — RT Business News

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 […]

Major shifts happening in global economy – Russia’s finance minister — RT Business News

Major shifts happening in global economy – Russia’s finance minister — RT Business News

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 […]

Xi isn’t destroying China’s economy – he’s changing it — RT World News

Xi isn’t destroying China’s economy – he’s changing it — RT World News

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 […]

Israeli economy shrank by a fifth since start of Hamas war – official stats  — RT Business News

Israeli economy shrank by a fifth since start of Hamas war – official stats  — RT Business News

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 […]

German growth forecast to be slashed – economy minister — RT Business News

German growth forecast to be slashed – economy minister — RT Business News

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 […]

German FM calls economy an “unfit man” — RT Business News

German FM calls economy an “unfit man” — RT Business News

Source link Christian Lindner believes that structural reforms are needed to strengthen the competitiveness of the EU’s economic heavyweight Germany needs structural reforms to boost its competitiveness, Finance Minister Christian Lindner said at an event at the London School of Economics on Monday, as cited by Reuters. The comments came in response to Germany once […]

Red Sea crisis not yet having ‘significant’ impact on global economy – IMF — RT Business News

Red Sea crisis not yet having ‘significant’ impact on global economy – IMF — RT Business News

Source link The shipping disruptions are pressuring prices but not to the point that inflation projections should be hiked, Kristalina Georgieva says The Houthi rebel attacks on vessels in the Red Sea have had a significant impact on insurance and shipping rates, but have so far not affected global economic growth prospects, Kristalina Georgieva, the […]

EU’s largest economy spending billions to replace nuclear power — RT Business News

EU’s largest economy spending billions to replace nuclear power — RT Business News

Source link Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend €16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week. This comes […]

Modi vows to make India world’s third-largest economy in his next term — RT India

Modi vows to make India world’s third-largest economy in his next term — RT India

Source link The prime minister says he is confident his party will win the general election and take the economy beyond the $5 trillion mark Prime Minister Narendra Modi on Monday pledged to lead India’s economy to become the world’s third-largest, as expectations of another victory for the ruling Bharatiya Janata Party (BJP) build up […]