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CORONAVIRUS GLOBAL TRADE
Chip slump erases $1.3 trillion in stock market valueThe PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as...- Demand for cruises appears undimmed despite hantavirus and other onboard outbreaksDespite recent hantavirus and norovirus outbreaks on cruise ships, industry experts anticipate a record number of passengers this year. Man...
- Ginger and the value of global supply chainsThe sudden shortage of ginger that has hit Europe seems like a final hard blow from a year where Covid-19 has disrupted global supply chain...
- China's 'shadow trade war' threatens AustraliaBiting new Chinese trade tariffs have stoked fears that Australia's virus-weakened economy is being targeted for political retribution and ...
- WTO revises 2020 trade forecast up; world goods trade fall seen at 9.2% from 12.9% earlier“The WTO now forecasts a 9.2% decline in the volume of world merchandise trade for 2020, followed by a 7.2% rise in 2021…. Strong trade per...
- US urges India to enhance its position in global supply chainJoseph Semsar, Deputy Under Secretary of Commerce for International Trade, said that India with its “Atmanirbhar Bharat” Initiative has put...
- Covid-19 may accelerate shift in global trade relations, supply chains: Moody'sAccording to Moody's the trend toward a more fragmented and protectionist global economy will likely accelerate as a result of the pandemic...
- View: Future of global economic orderWith the shifts in global economic order, political landscape and social behavior all taking place simultaneously, it is safe to say we hav...
- View: Coronavirus pandemic may force world to rethink globalizationThe world may not spend time deliberating the merits and demerits of globalization after the pandemic is contained. But, it may like to rep...
- Asia shares down on week as US-China tensions rattle sentimentJapan's Nikkei rose 0.6 per cent but finished the week down 0.7 per cent while mainland Chinese shares were mixed.
- Global trade fell 3% in first quarter of 2020 due to COVID-19: UNCTADPlummeting fuel prices were the main driver of the steep decline, plunging 33.2 per cent in March, while prices of minerals, ores, metals, ...
- UK economy struggled before coronavirus crisis escalatedBritain's economy was almost stagnant in the three months to February, before the coronavirus crisis escalated and pushed the country into ...
- Covid-19: G20 trade ministers agree to ensure uninterrupted flow of vital medical suppliesAccording to a joint statement issued after a video conference, the ministers agreed to support the availability and accessibility of essen...
- Countries are starting to hoard food due to coronavirus outbreak, threatening global tradeSome countries are moving to secure domestic food supplies during the conoravirus pandemic.
- What central banks did this week as the virus hit global marketsMeanwhile, the dollar staged its biggest jump in 12 years, climbing to a three-year high, as investors piled into haven assets.
- Coronavirus outbreak could cost global economy up to USD 2 trillion: UNCTADUNCTAD has warned that the shock from the epidemic will cause a recession in some countries.
- Rupee likely to stay under pressure for some timeThe volatility index of the rupee, the movement of which is often determined by the flow of equity and bond funds, has climbed 175 basis po...
- As China sneezes, India Inc catches cold: Companies that may take a hitMany domestic players have of late cleared the air on their dependence on China.
- Even without a case, Africa may be a big victim of coronavirusThe outbreak has shut down entire swathes of the Chinese economy, threatening world economic growth.
- Contingency plan needed to deal with impact of coronavirus: RBI Guv DasRBI in a statement said the outbreak of coronavirus in China and its spread across geographies will impact tourist arrivals and global trad...
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