World Bank makes upward revision of India's GDP growth forecast | Oneindia News *News
Video Credit: Oneindia - Duration: 03:25s - Published
World Bank makes upward revision of India's GDP growth forecast | Oneindia News *News
World Bank makes upward revision of India's GDP growth forecast; Activists protest against Maha ministers' visit to Karnataka, stop vehicles; Delhi HC allows plea seeking termination of 33 weeks pregnancy; PM Modi urges political parties to make India’s G-20 presidency a big success
#WorldBank #GDPForecast #IndiaGDP
China Joins Growing List , of Countries Facing , Population Decline.
On January 17, new figures were published
that indicated China's population experienced
a decline for the first time in over sixty years.
Euronews reports that China
is not the only country to
announce a shrinking population.
According to a forecast published by the
United Nations last July, many countries will see their populations decline over the coming decades.
Population declines have been experienced
in eight countries with over ten million
inhabitants over the last decade.
The populations of Ukraine, Japan, Syria, Italy, Portugal, Romania and Greece are all declining. .
According to Euronews, the one thing these countries
have in common is low fertility rates, meaning women
are giving birth to fewer babies on average than before.
The World Bank found that each of these
European countries have fertility rates
between 1.2 and 1.6 children for each woman. .
Euronews notes that a fertility rate
of over 2 is needed to maintain
a stable population.
In Asia, Japan lost over 3 million people
between 2011 and 2021 and now has
a fertility rate of just 1.3 children per woman.
According to the U.N. report, China is forecast to lose
nearly half of its population by 2100, plummeting
from over 1.4 billion people down to just 771 million. .
According to the U.N. report, China is forecast to lose
nearly half of its population by 2100, plummeting
from over 1.4 billion people down to just 771 million. .
The populations of Russia, Germany, South Korea and Spain are projected to begin declining by 2030
Credit: Wibbitz Top Stories Duration: 01:31Published
World Bank Warns , Global Economy Teetering , Towards Recession.
On January 10, the World Bank warned that
the global economy is "perilously close"
to experiencing a recession in 2023.
Al Jazeera reports that the World Bank warning comes
amid weak growth among all of the world's top economies,
including the United States, Europe and China.
Al Jazeera reports that the World Bank warning comes
amid weak growth among all of the world's top economies,
including the United States, Europe and China.
Al Jazeera reports that the World Bank warning comes
amid weak growth among all of the world's top economies,
including the United States, Europe and China.
The World Bank's annual report said the
organization will slash its previous forecast
for global growth this year by nearly half.
Previously, the global money lender predicted global
growth would come in at 3%, however the latest
annual report modified that prediction to 1.7%.
The World Bank predicts that the U.S.
might narrowly avoid a recession this year,
despite annual growth of just 0.5%. .
At the same time, the U.S. will remain vulnerable to
further disruptions of supply chains if COVID continues
to surge or Russia escalates its war in Ukraine.
Russia’s invasion of Ukraine has added
major new cost. The outlook is particularly
devastating for many of the poorest
economies where poverty reduction
is already ground to a halt and access to
electricity, fertiliser, food and capital is likely
to remain limited for a prolonged period, David Malpass, World Bank President, via Al Jazeera.
According to the World Bank,
poorer countries are expected to be
hit the hardest by a global downturn. .
Meanwhile, the tepid pace of per capita
income growth of just 1.2% in 2023 and
2024 is expected to increase poverty rates.
Addressing the scale of these challenges
will require significantly more resources
for development and global public goods, David Malpass, World Bank President, via Al Jazeera
Credit: Wibbitz Top Stories Duration: 01:31Published
After China relaxed its Zero-Covid policy, there has been a sudden surge in the cases in the country, prompting the World Bank to cut the country’s growth rate.
#China #WorldBank #ChinaGrowth
A report by the World Bank has said that the heat wave in India is going to increase so much that it will cross the human survivability limit in the coming few years.
#HeatwaveinIndia #WorldBank #ClimateChange
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WEF Survey Finds , 63% of Chief Economists Think , a Global Recession Is Likely.
On September 16, a World Economic Forum (WEF) survey
revealed that many chief economists have offered a
grim..
Credit: Wibbitz Top Stories Duration: 01:31Published
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