New Delhi [India], March 28 (ANI/PNN): 2022 has been shaped by persistent Corona restrictions in some markets, inflationary pressures with a resulting turnaround in interest rates, a cooling global economy and, above all, the war in Ukraine. In the midst of these global challenges, Hafele SE
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countries with excessive debt for construction projects carried out by Chinese companies often using Chinese engineers, Chinese workers and Chinese equipment.
Sonipat (Haryana) [India], March 13 (ANI/OP Jindal University): Global economy now depends on the contributions of Global South. More than half of global growth is now attributable to them. The economic and financial took a steep dive in 2022 and is showing semblance of bouncing back strong.
New Delhi [India], March 1 (ANI/PNN): Salvatore Babones, a well-known sociologist from the United States, recently praised the Indian Railway Catering and Tourism Corporation (IRCTC) and Nova Dairy for their premium Nova Dahi, which was a component of his meal on the Rajdhani Express. Babone
During a press briefing, China's Foreign Ministry spokesperson Mao Ning said, "The G20 should focus on prominent challenges in the global economy. China stands ready to work with all parties to ensure the G20 foreign ministers' meeting sends a positive signal on multilateralism," said Mao
According to a statement -- G20 Chair's Summary and Outcome Document -- released by G20 members on Saturday, since February 2022 they have witnessed the Russia-Ukraine conflict that further adversely impacted the global economy. There was a discussion on the issue, it said.
Kristalina Georgieva urged for a strong push for regulation and added, "if regulation fails, if you're slow to do it, then we should not take off the table or banning those assets, because they may create financial stability risk..."
Addressing the gathering, the Prime Minister underlined that this is the first Minister-level dialogue under India's G20 Presidency and conveyed his best wishes for a productive meeting.
During the Prime Minister's inaugural speech in a video message at the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, he highlighted the trust in international financial institutions had eroded amidst the serious economic difficulties from the impact of the Covid
Modi pointed out that it is now up to the custodians of the leading economies and monetary systems of the world to bring back stability, confidence and growth to the global economy.
External Affairs Minister S Jaishankar highlighted the need for derisking the global economy and ensuring trust and transparency in the digital domain.