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Tag: World Economy

World Economy
By 2025, Covid Will Have Cost World Between $16 Trillion And $35 Trillion

In the next two decades, competition for global influence is likely to reach its highest level since the Cold War.

World Economy To Grow At 6% This Year: OECD
World Economy To Grow At 6% This Year: OECD

Growth will be driven by the world's three main economic powers, with China's gross domestic product (GDP) set to expand by more than 8 per cent, dpa news agency quoted the Paris-based OECD as saying in its 2021 Economic Outlook.

Moodys
Most Economies Won't Return To Pre-Pandemic Levels Until 2022: Moody's

New Delhi: Although businesses and economic activities around the world have resumed post the pandemic-related lockdowns, most countries are unlikely to return to their pre-pandemic activity levels until 2022, a report by Moody’s Investors Service said. As per the report, a slow and bumpy global recovery is expected. It, however, added that despite the relative […]

COVID-19 Impact: World economy with exception of India, China will go into recession: UN
COVID-19 Impact: World economy with exception of India, China will go into recession: UN

United Nations: The world economy will go into recession this year with a predicted loss of trillions of dollars of global income due to the coronavirus pandemic, spelling serious trouble for developing countries with the likely exception of India and China, according to a latest UN trade report. With two-thirds of the world’s population living […]

Indian-Economy
Strong Indian economy continues to lead global growth: IMF

Washington: India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country to take steps towards more structural reforms. “India now contributes, in purchasing power parity measures, 15 per cent of […]

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