The global turn away from free-market policies worries economists
The Economic Times » Globalization
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1w ago
That faith in the superiority of free-market policies was deeply shaken in recent years by a string of global jolts -- the pandemic, supply chain meltdowns, soaring inflation and interest rates, Russia's invasion of Ukraine etc ..read more
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Charting the global economy: Fed delay recalibrates all rates
The Economic Times » Globalization
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1w ago
Global finance chiefs convening in Washington for the International Monetary Fund-World Bank spring meetings are sweating the strength of the US economy, as elevated interest rates and a strong dollar force other currencies lower and complicate plans to bring down borrowing costs ..read more
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Why the world of chocolate is in crisis
The Economic Times » Globalization
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1w ago
For the world’s chocolate makers, the crisis is here. Plants have been forced to shutter from Malaysia to Germany and Chicago ..read more
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China’s surging steel exports are inflaming global trade tension
The Economic Times » Globalization
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1w ago
The world’s biggest producer shipped out nearly 26 million tons in the first quarter — 28% more than a year earlier — as the property crisis sapped domestic demand ..read more
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IMF sees growth edging higher but still warns of ‘tepid twenties’
The Economic Times » Globalization
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2w ago
Robust consumption and investment, as well as easing supply-chain problems, are among the drivers of strong growth in the US and many emerging-market economies ..read more
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Charting the global economy: India can be the world's no.1 contributor to GDP growth by 2028
The Economic Times » Globalization
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2w ago
​A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for western governments already struggling with shaky public finances ..read more
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Engineering exports in FY24 surpass last year numbers despite global challenges: EEPC India
The Economic Times » Globalization
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2w ago
Engineering exports in FY24 rose to US$ 109.31 billion from US$ 107.04 billion in the previous financial year thus registering a growth of 2.13 ..read more
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India seeks global collaborations to explore new tech, use of methanol, ammonia as ship fuel
The Economic Times » Globalization
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2w ago
Methanol and ammonia are considered as cleaner alternatives to conventional maritime fuels. Green ammonia and methanol, produced from low-carbon sources, help in reducing carbon emissions ..read more
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Baltimore ship accident has East Coast ports scrambling to absorb cargo
The Economic Times » Globalization
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1M ago
Fallout from last week’s deadly bridge collapse, which indefinitely closed the nation’s 17th-largest port by total cargo tonnage and the busiest gateway for vehicles, is expected to be largely contained as neighboring facilities with spare capacity tweak their schedules ..read more
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Let’s applaud the good news for the world economy
The Economic Times » Globalization
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1M ago
It's too soon to turn cartwheels, but some important bellwethers of the global economy are looking better ..read more
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