Why does the world need more women in the labour market and managerial positions? Kristalina Georgieva, the International Monetary Fund's Managing Director, shares her thoughts on the Global Conversation.
Credit: euronews (in English) Duration: 08:00Published
Krishnamurthy V Subramaniam, the Executive Director of the International Monetary Fund (IMF), said on Tuesday that India will continue to be a driver for global.. IndiaTimes
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle East with two new reports. .
The reports, titled World Economic Outlook (WEO) and the Global Financial Stability Review (GFSR), comes amid heightened fears of a war between Iran and Israel.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
The IMF reports that the escalating conflict comes at a time when financial markets have remained optimistic of a soft landing for the global economy.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
That soft landing, which would include lowering inflation, receding interest rates and would avoid a potential recession, could be threatened by the outbreak of war.
'The Guardian' reports that previous Middle East conflicts have resulted in significantly higher oil prices. .
Pierre-Olivier Gourinchas, the IMFโs economic
counsellor, said the organization was evaluating the
potential for another commodity shock from the conflict.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
The increased inflation that would
come from higher energy prices would
trigger a response from central banks that
would tighten interest rates in order to
secure inflation coming back to target,
and that would weigh down on activity, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
It would do so in a context in which,
in some countries, activity and growth
is already fairly weak, so that might
also have a strong effect there, Pierre-Olivier Gourinchas, IMF economic counsellor, via 'The Guardian'.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
According to Gourinchas, the impact of a 15% increase
in the price of oil, combined with higher shipping costs,
could result in a 0.7% increase in global inflation.
Gourinchas also warned that such
an increase would also bring down
business confidence and global investment.
Credit: Wibbitz Top Stories Duration: 01:31Published
The IMF team, led by Nathan Porter, expressed dismay at Pakistan's finance ministry for prematurely claiming fulfillment of structural benchmarks. Before completing their review, the team arrived to analyze economic data. The ministry's premature announcement left the IMF unable to provide feedback. Pakistan's finance minister assured such incidents wouldn't recur. Discussions continue for the release of the last $1.1 billion tranche, with speculation of a potential mini-budget to boost revenues.
#IMF #NathanPorter #PakistanEconomicCrisis #IMFPakistan #PakistanEconomy #IMFBailout #Worldnews #Pakistannews #Economynews #Oneindia #Oneindianews
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The European Commission has launched a probe to examine how China favours its domestic companies in tenders for medical devices and weigh possible tit-for-tat measures.
Credit: euronews (in English) Duration: 01:49Published
India urges a balanced approach between freedom of expression and public safety amid pro-Palestine protests in the US. Spokesperson Randhir Jaiswal stresses democracies are judged by domestic actions. Arrests follow demonstrations at major universities, demanding ties cut with Israeli institutions.
#India #US #RandhirJaiswal #IndiaUSrelations #MatthewMiller #SJaishankar #Jaishankar #Worldnews #Oneinda #Oneindia news
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Mathura's electoral battle takes center stage, fueled by youth angst over unemployment woes. Though the BJP swept Mathura in 2019 with Hema Malini's victory, new alliances have injected uncertainty into the landscape. Amidst high-voltage campaigns, the city's lanes witness intense political outreach, from door-to-door canvassing to rallies, reflecting the stakes. Political narratives vie to capture hearts and minds in Mathura's bustling marketplaces, where economic aspirations lie untapped.
Oneindia's Pankaj Mishra takes a closer look.
#LokSabhaElections #LokSabhaElections2024 #ElectionswithOneindia #GeneralElections2024 #LSElections24 #IndianGeneralElection #ElectionPhase2 #BJPvsCongress #INDIAlliance #NarendraModi #RahulGandhi #ModivsRahul #Oneindia
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The ancient city of Mathura finds itself at the center of a high-stakes political contest as Uttar Pradesh gears up for the second phase of the Lok Sabha elections on April 26. The fate of several prominent faces, including actor Hema Malini, hangs in the balance, adding an air of intrigue to the electoral fray.
Malini, the BJP's candidate from Mathura, is seeking a third consecutive term, banking on her star power and the party's development agenda to woo voters.
However, the opposition has mounted a formidable challenge, with the Congress fielding Mukesh Dhangar. Pankaj Mishra Reports on the mood of the city.
#LokSabhaElections #LokSabhaElections2024 #ElectionswithOneindia #GeneralElections2024 #LSElections24 #IndianGeneralElection #ElectionPhase2 #BJPvsCongress #INDIAlliance #NarendraModi #RahulGandhi #ModivsRahul #Oneindia
Hezbollah signals readiness for broader confrontation with Israel, despite warnings from European and Arab nations. Lebanese Prime Minister Najib Mikati reveals international pressure to halt clashes. U.S. mediator stresses urgency for a southern Lebanon ceasefire. Escalating tensions prompt Israel to deploy troops along the border.
#Hezbollah #NajibMikati #Lebanon #HassanNasrallah #IsraelGaza #Gazawar #Worldnews #Oneinda #Oneindia news
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RBI's action against Paytm and Kotak Mahindra Bank for non-compliance raised concerns. Kotak Mahindra's failure to meet data storage requirements led to RBI directives. Similar actions were taken against HDFC Bank in 2020. The events underscore the need for stronger regulatory mechanisms.
#kotakmahindrabankopenaccountzerobalance #kotakmahindrabank #kotakmahindrabanknews #kotakmahindrabankcreditcard #kotakmahindrabankcreditcardapply #kotakmahindrabankpersonalloan #RBI #RBInews #Moneynews #Oneinda #Oneindia news
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Kristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions... Zee News - Published Also reported by •IndiaTimes
On Tuesday, the International Monetary Fund (IMF) released the January update of its World Economic Outlook. The IMF said that it was expecting some slowdown in the Indian economy next fiscal year. It..
The US Economy Grew , More Than Expected in 2022.
CNN reports that the United States
economy expanded again in the fourth
quarter, showing solid growth to end 2022. .
The news comes despite..
Credit: Wibbitz Top Stories Duration: 01:30Published
Ukraine, Climate and the Global Economy , Take Center Stage , at WEF Davos 2023.
On January 20, elites from the worlds of politics, business,
academia and the arts wrapped up the World..
Credit: Wibbitz Top Stories Duration: 01:30Published