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World economy to slow, ‘paying the price of war’: OECD

PARIS: The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war in Ukraine, the...

World economy to top $100 trillion in 2022 for first time: report

LONDON: The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than...

Markets fret over soaring inflation, energy crunch

World stock markets wavered Tuesday as investors fretted over a brewing energy crisis, soaring inflation, signs of a slowdown in the global economy and...

Spillover: world economies’ next big headache

This week’s read-out from German purchasing managers showed an unexpected worsening of the recession in the manufacturing sector of Europe’s largest economy

Divided G20 admits worsening trade wars a threat to world economy

The world’s top financial policymakers admitted on Sunday that trade tensions had worsened

World’s 26 richest own same as poorest half of humanity

Governments are exacerbating inequality by increasingly underfunding public services like healthcare and education at the same time as they consistently under-tax the wealthy

Trudeau says Canada, EU must lead world economy

STRASBOURG: Canadian Prime Minister Justin Trudeau said on Thursday that the whole world benefited from a strong European Union and that the bloc and his...

‘China slowdown poses threat to world economy’

NEW DELHI: Reserve Bank of India (RBI) Governor Raghuram Rajan has warned that a "sharp" slowdown in China's growth posed a threat to the global economy, highlighting possible impact from the shadow banking system of its neighbour, the Reserve Bank of India said.

Pakistan’s youth population is expected to reach 50 million by 2050: UNDP report

According to a recent United Nations Development Programme report, the population of Pakistan is expected to reach fifty-million.

IMF chief sees ‘tepid’ growth for world economy

DUBAI: The world economy is going through a "tepid" recovery, International Monetary Fund chief Christine Lagarde said on Tuesday, adding that growth in advanced economies should be higher.

IMF cuts world growth forecast, warns of emerging market risks

WASHINGTON: The International Monetary Fund (IMF) warned of substantial risks in the major emerging market economies Tuesday as it lowered its outlook for global economic growth this year.

Scientist claims Mega Earthquake will rip apart American continents

LONDON: A London-educated nuclear engineer has claimed North and South America will "split" and mega tsunamis could "strike America and Asia killing 40 million people" in a mega earthquake he described as imminent.

Tsunami of sovereign funds threatens world markets, say investors

LONDON: With returns on government bonds at rock-bottom prices, sovereign wealth funds are muscling into stock markets and other higher-yielding assets like real estate at a rate that private investors warn could destabilize the world economy.

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