IndustryMagazineOil & GasCan the global economy survive without fossil fuels?IFM CorrespondentMarch 21, 2022March 23, 2022 by IFM CorrespondentMarch 21, 2022March 23, 2022 Global temperatures could rise by more than 3°C and the world economy could shrink by 18% in the next 30 years... Read more
FeaturedFinanceImpact of Russia-Ukraine war on global economyIFM CorrespondentMarch 21, 2022 by IFM CorrespondentMarch 21, 2022 Governments will be forced to decrease their social spending and look to enhance the military budgets.... Read more
FeaturedFintechMastercard, Visa ban not to affect domestic transactions in RussiaIFM CorrespondentMarch 8, 2022March 8, 2022 by IFM CorrespondentMarch 8, 2022March 8, 2022 Both Visa and Mastercard said that they would also stop their business in Russia in the wake of the present crisis.... Read more
EconomyFeaturedIMF announces largest SDR in history of $650 bnWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more
EconomyFeaturedWorld economy loses $15 tn due to Covid-19: IMFWebAdminJuly 22, 2021July 22, 2021 by WebAdminJuly 22, 2021July 22, 2021 IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented... Read more
EconomyFeaturedUK economy contracts 1.5% in the first quarter of 2021Pritam BordoloiMay 13, 2021 by Pritam BordoloiMay 13, 2021 Surprisingly, the economy grew by 2.1% in March... Read more
EconomyFeaturedGlobal economy to grow by 5.5% in 2021: IMFPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 The global economy will grow by 4.2% in 2022, the fund further said... Read more
EconomyFeaturedGlobal economy to expand by 4% in 2021: World BankPritam BordoloiJanuary 6, 2021 by Pritam BordoloiJanuary 6, 2021 It also warned that rising Covid-19 cases and delays in vaccine distribution could limit the recovery to just 1.6%... Read more
EconomyMagazineThe coronavirus is a disaster for global economyWebAdminJuly 22, 2020August 11, 2020 by WebAdminJuly 22, 2020August 11, 2020 The International Monetary Fund expects the global economy to shrink by more than 3 percent in 2020... Read more
Banking and FinanceMagazineBrazil’s new loan facility for SMEsWebAdminJuly 22, 2020July 23, 2020 by WebAdminJuly 22, 2020July 23, 2020 SMEs are vital to strengthen the Brazilian economy which continues to be one of the worst affected countries by coronavirus in Latam... Read more