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UKRAINE WAR SPILLOVER
Europe is facing up to a painful vulnerability to drone warfareA Russian drone crash in Romania highlights Europe's struggle with modern aerial warfare. Drone incidents are now a near-daily occurrence a...- 5 world market themes for the week aheadGlobal markets are keenly watching U.S.-Iran ceasefire talks and the Strait of Hormuz, alongside crucial U.S. jobs data and euro zone infla...
- Charting the global economy: ECB is leaning toward rate hikesEconomic growth varies globally, with some regions facing inflation and others seeing tech-driven booms. Geopolitical events are influencin...
- Central banks look through inflation until entrenched, no evidence of second-round effects: Dy Gov Poonam GuptaThe Reserve Bank of India is navigating global economic hurdles and geopolitical tensions. Deputy Governor Poonam Gupta explains the centra...
- RBI asks state oil refiners to curb spot dollar buying, sources sayIndia's central bank is taking action to support the rupee. State-run oil refiners are being asked to use a special credit line for dollar ...
- US Israel-Iran War Day 47: Pakistan mediation, IMF risk warnings and Trump’s ceasefire optimism drive parallel tracksIran War Day 47 Updates: The Iran-Israel war continues with signs of peace talks emerging. US President Donald Trump believes the conflict ...
- Calm before storm? Axis Bank's Neelkanth Mishra says India must brace for geopolitical shocks every 1–2 yearsAxis Bank Chief Economist Neelkanth Mishra warned that India should brace for geopolitical shocks every 1–2 years, calling current tensions...
- Putin, North Korea's Kim vow stronger ties ahead of US-Russia summitVladimir Putin and Kim Jong Un plan to boost cooperation. This happened before Putin's meeting with Donald Trump in Alaska. North Korea rep...
- G7 increases economic aid to Ukraine to USD 39 billion"We urge the IMF and Ukraine to deliver a credible, ambitious, fully financed and appropriately conditioned IMF programme by the end of Mar...
- At G20 meeting, Yellen steps up calls for increased economic aid to UkraineU.S. Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battle the year-old...
- US, Russia clash over responsibility for missile strikeUS Ambassador Linda Thomas-Greenfield told the council: "This tragedy would never have happened but for Russia's needless invasion of Ukrai...
- World Bank lowers India's GDP growth forecast to 6.5% from 7.5% for 2022-23The World Bank also warned that spillovers from the Russia-Ukraine war and global monetary tightening will weigh on the economic outlook.
- IMF cuts global growth forecasts, warns high inflation threatens recessionGlobal real GDP growth will slow to 3.2% in 2022 from a forecast of 3.6% issued in April, the IMF said in an update of its World Economic O...
- High inflation globally to stay longer as war and sanctions take toll on economies: RBI reportRBI said the shock waves from the war in Ukraine and retaliatory economic and financial sanctions (on Russia) have jolted the global econom...
- Nearly 5 million jobs lost in Ukraine as war pummels economy - ILOThe job losses, which account for around 30% of Ukraine's workforce before the invasion, could climb to 7 million if hostilities continue, ...
- US Treasury Secretary Yellen to see Ukraine Prime Minister, avoid Russians at global meetingsOn Tuesday, Yellen will convene a panel of finance ministers, the international development banks and other institutions to talk about how ...
- Despite external upheavals, India’s exports performance on firm footing: RBIRegistering a historic feat and clocking 37% growth over exports of $291 billion in FY21, India’s exports surpassed $400 billion in 2021-22.
- 'Unthinkable' has happened, we've war in Europe, says IMF MDThe top official of the IMF, during a media round table on Thursday on the Russian invasion of Ukraine, told a select group of reporters th...
- View: NATO, Russia-Ukraine war and the logic of "security dilemma"In a nutshell, NATO's intervention in the Russia-Ukraine war will create a new "security dilemma" for Europe through its spillover effect. ...
- Russia-Ukraine conflict escalation would cause 'devastating' economic damage: IMFA surge in energy and commodity prices, with a barrel of oil now close to $120, have piled on the inflationary hike that the world was alre...
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