EU offers 750 bln euros in grants and loans to overcome COVID-19 recession

The package will need to be ratified by the European Parliament before it is implemented

COVID-19: Global recession, unmatched in 80 yrs, currently underway, says World Bank analysis

The average developing economy is less well placed to respond to a global downturn now than before the 2009 global recession  

COVID-19: The world is staring at a recession — the first to be driven by a pandemic

The novel coronavirus disease and measures to contain outbreaks can shrink the global economy by 5.2%; that would be the 4th-…

COVID-19: 400 mln jobs lost in Q2 2020, says ILO

Job losses up 400% in Africa, Asia since first 3 months; working hours lower than estimates

India’s deep economic paralysis just set in

Amid the second wave of the COVID-19 pandemic, India enters into a situation that currently looks unimaginably distressed.

What is an inverted yield curve? Why is it panicking markets, and why is there talk of recession?

The yield curve is a graph showing the relationship between interest rates earned on lending money for different durations

Trade rules are deeply flawed but Trump’s tariff fixation is hurting America and the rest of the world

International trade rules are unfair, but even Trump’s tariff-centric trade policies won’t fix what’s broken about the global …

COVID-19: Tanzania needs $1.1 billion support right away, says IMF

Current account deficit of the east-African country expected to widen to 4.5% of 2021-22 GDP    

COVID-19: $2.5 tln needed by developing countries to weather economic crisis, says report

Debts of $1 trillion owed by developing countries needs to be cancelled

IIM fee hike: What are the consequences

Fee hike in unregulated IIMs and the lack of it in regulated institutions elucidate a grave concern. Did the autonomy play a significant role in …

Looking forward

Injecting the theoretical strength of the planned economy into a capitalist market economy, might make it possible to moderate the business …

Data obscurity keeps West Asia, North Africa from reaching growth potential: World Bank

Growth forecasts in the region more often inaccurate, overly optimistic than other places

Is the commodities super cycle slowdown a shock for Africa?

From Nigeria to Angola, South Africa or Zambia, decline in commodity prices is deflating growth and the ripple effect is affecting the reality of …

Former UK PM Gordon Brown now WHO ambassador for global health financing

Brown had warned that 100 million COVID-19 vaccines would go waste unless global leaders shared surplus supplies with the poorest countries 

COVID-19: Asia-Pacific countries must act against recession-induced hunger

Sub-Saharan Africa, home to the world’s highest hunger rates, must now brace for its first recession in a quarter of a century

COVID-19 community transmission in 26 of 54 African countries: WHO

Several African countries have a poor healthcare system — about five hospital beds per 10,000 population

'Cheap gas makes renewables appear less attractive'

Researcher and professor at University of Maryland, Klaus Hubacek, explains the costs of the natural gas boom in terms of its impact for overall …

Global forest product industries recover from recession

India emerges one of the top five forest products consuming countries

Recession, not natural gas, was major cause of drop in US emissions

A recent study shows that the US power sector’s coal-to-gas switch played only a modest role

COVID-19: Why power sector revival will likely be long haul

COVID-19 shocks may prompt major energy transitions to gas, wind and solar sector

COVID-19: Why the crisis is different for the crude oil industry

Low prices, sparse storage pressure producers; any consensus may be short-lived

Grim news on jobs front for women

About nine million women went out of the job market in the rural areas between 2009-10 and 2011-12, a grim facet of the employment crisis in …

Budget through the years post liberalisation

Run up to Budget 2012-13

COVID-19 impact pushes India’s $5 trillion dream 3 yrs farther

Policymakers must focus equally on all 3 sectors: Agriculture, industry, services