Looming Global Economic Slowdown leads to a recession

As per a report put out by Morgan Stanley, which is one of the world’s leading global financial firms, the world economy appears to be heading towards a recession. However, fortunately for India, as per the initial projections of the ..

Conservative Party leader Boris Johnson set to be UK’s next Prime Minister

The Conservative Party of the UK has selected the Boris Johnson as the next leader of the Conservative Party and thus, the next Prime Minister of the UK. While Boris Johnson received the support of 92,513 members, his competitor, and ..

India, China unlikely to be growth poles for global economy: UNCTAD Report

According to UNCTAD’s recently released Trade and Development Report (TDR) 2017, India and China at their current levels of growth will not serve as “growth polls” for global economy in near future. TDR is flagship report of the United Nations ..

Month: Current Affairs - September, 2017

G-20 Finance Ministers pledge to boost global economy

The Finance Ministers from the Group of 20 (G-20) major economies have pledged to boost the global economy, which is showing a weak recovery. This announcement was made at the end of the two-day meeting of G-20 Finance ministers and ..

Month: Current Affairs - July, 2016

Brexit: IMF warns of repercussions for global economy

The International Monetary Fund (IMF) has warned that United Kingdom’s decision to leave the European Union (EU) has created significant uncertainty. The uncertainty is likely to dampen growth in the near term, particularly in the UK, but with repercussions for ..

Month: Current Affairs - July, 2016

India likely to improve economic growth to 6.3% in 2016: UN WESP Report

As per recently released UN World Economic Situation and Prospects 2015 (WESP) report, India’s economic growth is expected to improve to 6.3% in 2016. Facts related to India from Report India is likely to make progress in implementing economic policy reforms and thus ..

Month: Current Affairs - December, 2014

International Relations – WTO Study Notes

The World Trade Organization (WTO) is a vital institution in international relations and political economy. Established to regulate international trade, it plays important role in promoting free trade and resolving trade disputes among member countries. Introduction to WTO The WTO ..

G-20 – A Comprehensive Overview

The G-20, or Group of Twenty, is international forum that brings together major advanced and emerging economies. Established in 1999, it aims to address global economic challenges and promote stability. Introduction to G-20 The G-20 was formed in response to ..