World Economy
-
Birmingham, UK’s second-largest city, declares itself bankrupt
The council have blamed a £760 million bill for equal pay claims, problems installing a new IT system and £1 billion in government cuts for its problems.
Scroll Staff
-
US shuts down Signature Bank – second lender to fail in three days
The New York-based bank had assets valuing more than $110 billion dollars, making it the third largest lender to have collapsed in the US’ history.
Scroll Staff
-
Recession will hit one-third of world economy in 2023, says IMF chief
The US, the European Union and China are all slowing simultaneously, International Monetary Fund chief Kristalina Georgieva said.
Scroll Staff
Trending
-
Why builder-driven ‘slum redevelopment’ won’t change the lives of Mumbai’s poorest residents
-
RBI recommends shrinking J&K government share in Jammu and Kashmir Bank
-
‘I wish my stories were as good as omelettes’: Ruskin Bond’s new book is a letter to young readers
-
As movie stars go to court to protect their ‘personality rights’, are they stifling creativity?
-
Ramachandra Guha: India’s many fault lines undermine our future – they must be addressed urgently
-
UK faces longest recession since records began, warns central bank
The Bank of England announced its biggest interest rate hike since 1989 after consumer price inflation rose to a 40-year high in September.
Scroll Staff
-
From Pakistan to Ghana, the whole world is facing a debt crisis
Richer countries like the US and China can help developing countries steer clear of this mess. But will they?
Patrick E. Shea, The Conversation
-
These four issues will shape the world economy for the next few years
Will tensions ease and the economy recover or is the world headed for more turmoil?
David Bach, The Conversation
Video
-
Eco India: How locally grown food is capturing the imagination of urban Indians
-
Eco India, Episode 262: What are some great ways of knowing your greens
-
Watch: This stray cat kept bringing flowers to a woman’s doorstep until she was adopted
-
Watch: Care home residents recreate Taylor Swift’s album covers for singer’s UK Eras Tour concert
-
Watch: How the crew and passengers were evacuated from a plane after bomb scare in Delhi
-
Economic bailout of Sri Lanka shouldn’t cause more pain to its citizens
Bailouts can’t be called fair until they stop rewarding political elites for their poor policy choices.
Sayantan Ghosal, The Conversation & Dania Thomas, The Conversation
-
Why the global system for rating companies’ ethical credentials makes no sense
Unlike financial reports, there is no legal requirement for ESG disclosures to be assured by certified public accountants.
Marc Lepere, The Conversation
-
Will 2022 be the year when the global (and Indian) economy recovers from the pandemic?
Will there be a proper pandemic recovery?
Muhammad Ali Nasir, The Conversation
The Reel
-
Start the week with a film: ‘Godzilla Minus One’ has thrills plus heart
-
As movie stars go to court to protect their ‘personality rights’, are they stifling creativity?
-
The delightful days and sleepless nights that went into Payal Kapadia’s ‘All We Imagine As Light’
-
‘Maharaja’ trailer: Tamil star Vijay Sethupathi’s 50th film is a vengeance drama
-
‘Mr and Mrs Mahi’ review: A partnership between equals is a solo show
-
Ease of doing business: China’s rank drops as World Bank corrects ‘irregularities’, India unaffected
The ratings of United Arab Emirates and Saudi Arabia were also downgraded, while Azerbaijan saw an improvement.
Scroll Staff
-
Covid-19 has disrupted the global supply chain – and that’s bad news for the UK
The protectionist mindset sparked by the Brexit movement has not helped.
Uma S Kambhampati, The Conversation
-
World Bank says India retains top spot in remittances in 2018: Report
The Indian diaspora sent $79 billion home.
Scroll Staff
The Field
-
ICC Men’s T20 World Cup: Aaron Jones powers the United States to a win over Canada
-
Tennis, French Open: Novak Djokovic battles past Lorenzo Musetti; Aryna Sabalenka through to Round 4
-
Football, Champions League: Real Madrid beat Borussia Dortmund for record-extending 15th title
-
Cricket: Dinesh Karthik retires from all representative cricket
-
Boxing, World Olympic Qualifier: Jaismine advances into QFs, inches closer to securing Paris quota