World Economy
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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
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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
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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
Trending
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Constitution does not allow preferential treatment for religious majority: SC judge BV Nagarathna
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Hockey, Men’s Junior Asia Cup final, IND vs PAK as it happened: India are champions after 2-1 win
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Readers’ comments: ‘Most Kerala Hindus are already lost’
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In Narendra Modi’s embrace, Nepal’s ‘Prachanda’ looks to bolster his position – and Indian interests
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‘City of Dreams’ season 3 review: Political drama is running out of ways to deliver the shocks
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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
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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
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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
Video
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‘You’re a thief’: Debate participants shout at one another on live TV in Kolkata
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Watch: Climate activists from Just Stop Oil briefly hold up England cricket team’s bus in London
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Did you know there’s a Korean rap version of the Bollywood hit song ‘Jimmy Jimmy’?
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Caught on camera: The moment that missile debris fell on a busy Kyiv road, narrowly missing a car
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Watch: Beyoncé pays homage to Tina Turner during London show singing ‘River Deep – Mountain High’
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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
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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
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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
The Reel
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Review: In ‘Fire in the Mountains’, the enormous burden of womanhood
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‘Chitrakut’ review: A wandering tour of complicated relationships
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Start the week with a film: The documentary ‘Tina’ is a tribute to an irrepressible spirit
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‘Citadel’ review: Secrets, lies and banality
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‘City of Dreams’ season 3 review: Political drama is running out of ways to deliver the shocks
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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
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World Bank says India retains top spot in remittances in 2018: Report
The Indian diaspora sent $79 billion home.
Scroll Staff
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Seven charts that show the world is becoming a better place
A look at key data shows that the world is much better off today than ever before in history.
Julius Probst, The Conversation
The Field
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Hockey, Men’s Junior Asia Cup final, IND vs PAK as it happened: India are champions after 2-1 win
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French Open 2023: Bopanna-Ebden defeated in opener; Bhambri-Myneni cruise to second round
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Thailand Open Super 500: Lakshya Sen, Kiran George register big wins; top seeds Chirag-Satwik out
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Sports world daily: PSG confirms final game for Lionel Messi at club, Sevilla win Europa League
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Hockey Men’s Junior Asia Cup: Boby Singh Dhami nets hat-trick as India beat Korea 9-1 to reach final