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COVID-19 impact on world economy. Global trade will plunge by up to a third in 2020 amid pandemic: WTO

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Global trade could plummet by a third this year due to the coronavirus pandemic, the World Trade Organization (WTO) said Wednesday, warning the deepest recession “of our lifetimes” could be on the horizon. “COVID-19 has completely upended the global economy and with it international trade,” WTO chief Roberto Azevedo told reporters in a virtual
Business World

COVID-19 pandemic : Japan set to announce coronavirus emergency, Japanese Prime Minister Shinzo says Japan prepares near $1 trillion stimulus

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COVID-19 pandemic : Japan set to announce coronavirus emergency, Japanese Prime Minister Shinzo says Japan prepares near $1 trillion stimulus. TOKYO – Japanese Prime Minister Shinzo Abe pledged that his government would do its utmost to protect people’s lives as he prepared to declare a state of emergency on Tuesday to stem a worrying rise […]
Business

World economy at its worst due to COVID-19. We have reassessed the prospect for growth for 2020 and 2021. It is now clear that we have entered a recession – as bad as or worse than in 2009 – IMF Chief

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COVID-19 on the global economy is the risk of a wave of bankruptcies and layoffs capable of eroding the fabric of the societies. The world’s economy has entered a recession and requires massive funding to help developing nations, Ms Kristalina Georgieva has declared. Georgieva, the Managing Director of the International Monetary Fund (IMF), explained that […]
Business

It is our firm resolve that the poor and vulnerable get all possible help to cope with the testing times – Narendra Modi

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The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced Rs 1.70 Lakh Crore relief package under Pradhan Mantri Garib Kalyan Yojana for the poor to help them fight the battle against Corona Virus. While addressing the press conference here today, Smt. Sitharaman said “Today’s measures are intended at reaching out to the […]

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How to make India future-ready? In an era of ever changing uncertainties.The truth of the matter is India’s monumental blunder years after years in preparing for the future. Have you ever realized that you are remembered only once in five year to vote & the rest of the time, you are treated as an unwanted object.Corruption? Incompetence? Bad planning?. Political corruption is always hard to fathom. Sure, greed typically is the devil paving the road toward graft. But the potential consequences are so severe for persons held in high esteem you would think any sane politician would run from the risk. Indian Affairs led by Satya Brahma, the visionary founder chairman & Editor—In-Chief of the illustrious Network 7 Media Group attempts to make an impact as he makes you the supreme.