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Global Economy

Various factors have impacted global economy such as increased globalization, digital transformation, demographic shifts, environmental sustainability, and political and economic uncertainty. These trends have led to significant changes in the way businesses and individuals interact with the global economy.

Top news of the week: 17.10.2023.

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Economy

@IFC shared
On Oct 17, 2023
Fake tweet - https://www.cnbc.com/2023/10/17/southeast-asia-looks-to-renewable-power-for-energy-security.html
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Southeast Asia looks to renewable power for energy security

Southeast Asia looks to renewable power for energy security

As energy demand grows, Southeast Asia turns to renewable energy to safeguard its energy security.

@IFC shared
On Oct 17, 2023
Fake tweet - https://www.forbes.com/sites/tilakdoshi/2023/10/16/cop28-in-dubai-climate-negotiations-at-a-crossroads/
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COP28 In Dubai: Climate Negotiations At A Crossroads

COP28 In Dubai: Climate Negotiations At A Crossroads

Apart from grand sounding communiques, climate NGOs hyperbole, and alarmist headlines by the legacy media, nothing much of practical significance will come out of COP28.

@IFC shared
On Oct 13, 2023
Fake tweet - https://www.investing.com/news/economy/imf-warns-israelhamas-conflict-threatens-fragile-global-economy-93CH-3196984
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IMF warns Israel-Hamas conflict threatens fragile global economy

IMF warns Israel-Hamas conflict threatens fragile global economy

IMF warns Israel-Hamas conflict threatens fragile global economy

@Morgan Stanley shared
On Oct 12, 2023
Fake tweet - https://www.cnbc.com/2023/10/12/india-economy-imf-upgrades-growth-outlook-experts-warn-of-headwinds.html
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India a bright spot? IMF upgrades growth forecast, but economists say it could be a bumpy ride

India a bright spot? IMF upgrades growth forecast, but economists say it could be a bumpy ride

The International Monetary Fund raised its forecast for India, saying that the country's growth will remain strong in 2023 and 2024.

@IFC shared
On Oct 11, 2023
Fake tweet - https://www.project-syndicate.org/commentary/oil-producing-countries-must-fund-climate-reforms-with-windfall-tax-by-gordon-brown-2023-10
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The Global North Must Follow the Global South’s Lead

The Global North Must Follow the Global South’s Lead

Gordon Brown urges high-income countries to fund the ambitious climate reforms proposed by a new crop of global leaders.

@IFC shared
On Oct 13, 2023
Fake tweet - https://www.ecb.europa.eu//press/accounts/2023/html/ecb.mg231012~2f3d803d32.en.html
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Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 13-14 September 2023

Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 13-14 September 2023

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so ...

@IFC shared
On Oct 13, 2023
Fake tweet - https://abcnews.go.com/Business/wireStory/imf-sees-economic-growth-mideast-improving-year-israel-103928290
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IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks

IMF sees economic growth in the Mideast improving next year. But the Israel-Hamas war poses risks

The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade

@IFC shared
On Oct 17, 2023
Fake tweet - https://www.rferl.org/a/china-xi-belt-road-initiative-anniversary-criticism/32639807.html
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China's Xi Eyes Victory Lap For Belt And Road On Its 10-Year Anniversary, Despite Criticism

China's Xi Eyes Victory Lap For Belt And Road On Its 10-Year Anniversary, Despite Criticism

Chinese leader Xi Jinping is expected to tout the Belt and Road Initiative (BRI) as a foreign policy success while showcasing it as an alternative development model to the West.