EconomyTop StoriesWill global economy rebound in 2023? World Bank answersGBO CorrespondentJanuary 24, 2023 GBO CorrespondentJanuary 24, 2023 The World Bank projected that the world economy would expand by about...
EconomyTop StoriesHow 2020 changed the world economyGBO CorrespondentAugust 9, 2022August 9, 2022 GBO CorrespondentAugust 9, 2022August 9, 2022 The IMF estimates that the global economy shrunk by 4.4% in 2022....
EconomyTop StoriesReasons for growth outlook of developing Asia getting slashedGBO CorrespondentJuly 22, 2022July 22, 2022 GBO CorrespondentJuly 22, 2022July 22, 2022 People in the country have been struggling with power cuts every day...
Banking and FinanceTop StoriesRecession is coming or not? US banks have the answerGBO CorrespondentJuly 18, 2022July 18, 2022 GBO CorrespondentJuly 18, 2022July 18, 2022 Uncertainty is being added by China's sputtering economy and Russia's conflict with...
MarketsTop StoriesGlobal markets plunge as Fed mulls biggest rate rise in decadesGBO CorrespondentJune 15, 2022 GBO CorrespondentJune 15, 2022 The Dow Jones Industrial Average tumbled 2.8%, the S&P 500 shed 3.9%,...
EconomyTop StoriesTaiwan mulling economic deal with US after exclusion from IPEFGBO CorrespondentJune 2, 2022 GBO CorrespondentJune 2, 2022 IPEF is considered a substitute for the Trans-Pacific Partnership former US President...
EconomyTop StoriesIndia top importer of Iranian datesGBO CorrespondentMarch 22, 2022March 23, 2022 GBO CorrespondentMarch 22, 2022March 23, 2022 India, Malaysia, and Russia were the prime recipients of these exports....
EconomyTop StoriesIMF warns severe impact on global economy due to Russia-Ukraine warGBO CorrespondentMarch 7, 2022 GBO CorrespondentMarch 7, 2022 Energy and commodity prices, including wheat and other grains, have surged....
EconomyTop StoriesIMF cuts down China’s economic growth to 8% in 2021GBO CorrespondentOctober 13, 2021 GBO CorrespondentOctober 13, 2021 Analysts warned that China is facing a painful fallout from real estate...
EconomyTop StoriesChina‘s factory inflation reaches the highest level since 2008GBO CorrespondentJune 10, 2021 GBO CorrespondentJune 10, 2021 Increased inflation rates will also boost pressure on the global economy...