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COVID 19 RECESSION
Quote of the day by Charles Ellis: "There’s an old market saying about stocks to the effect that they all go down together"Charles Ellis highlights how stocks often decline together during market stress, challenging the perceived safety of diversification. The p...- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
- Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
- Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
- US jobless claims rise to 215,000 but layoffs remain low despite Iran war uncertaintyThe persistently low number of claims suggests that most U.S. companies have not resorted to layoffs. But even if they're not cutting jobs,...
- US jobless claims rise to 215,000 but remain low despite Iran war uncertaintyAmericans sought more unemployment benefits last week. Layoffs remain low despite economic uncertainty. Jobless claims are up to 215,000. T...
- Laptops, tablets, learning apps in schools across U.S. facing backlashes. Here's whyIn Los Angeles, concerned parents last year formed a group, Schools Beyond Screens, and pressured the district by speaking out at school bo...
- US Stock Market: Fed’s Goolsbee flags rising inflation risks after weak April dataChicago Fed President Austan Goolsbee raised concerns over rising U.S. services inflation, saying recent data showed price pressures moving...
- U.S. Treasury to borrow $2 trillion in 2026 as national debt nears $39 trillion — is America quietly entering a dangerous fiscal crisis beyond Washington’s control?U.S. Treasury is set to borrow over $2 trillion in fiscal year 2026, a federal deficit exceeding 6% of GDP. The Office of Management and Bu...
- Trump's Fed nominee Kevin Warsh calls for 'regime change' at Fed, new inflation approachThe hearing quickly turned contentious, and the pace of Warsh's confirmation process through the Senate remained in doubt.
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...
- US airlines raise checked bag fees to $45 as travel costs climb and passengers face new normal chargesUS airlines have increased checked bag fees, making air travel more expensive for passengers. Major carriers say rising fuel and operating ...
- IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...
- Global Markets | Australia Inc starts to feel Iran war fallout, raising stagflation riskAustralia's economy faces a stagflationary shock as the Middle East conflict drives up fuel prices. Top companies like Qantas and Westpac a...
- The virus has made India’s devastating gender gap even worseLess than a quarter of women in India are in labour force — among the poorest standings in world .
- View: Who’ll pay for global recession?Massive government borrowings to fund these stimulus packages are not free gifts. Who will repay this enormous debt, and how long will it t...
- India's growth may slip below 3% in FY21 if COVID-19 proliferates: KPMGThe KPMG report presented three scenarios to explain the economic effects of COVID--19. In the scenario of quick retraction across globe by...
- Jobs destroyed worldwide as coronavirus sparks recessionRising unemployment will intensify pressure on governments and central banks to speed up reforms.
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