Global Economy Current Affairs

India, China unlikely to be growth poles for global economy: UNCTAD Report

According to UNCTAD’s recently released Trade and Development Report (TDR) 2017, India and China at their current levels of growth will not serve as “growth polls” for global economy in near future. TDR is flagship report of the United Nations Conference on Trade and Development (UNCTAD) and is treated as a barometer for assessing the Read More…


Brexit: IMF warns of repercussions for global economy

The International Monetary Fund (IMF) has warned that United Kingdom’s decision to leave the European Union (EU) has created significant uncertainty. The uncertainty is likely to dampen growth in the near term, particularly in the UK, but with repercussions for Europe and the global economy. Key facts IMF predicts that macroeconomic and financial market impacts Read More…


India likely to improve economic growth to 6.3% in 2016: UN WESP Report

As per recently released UN World Economic Situation and Prospects 2015 (WESP) report, India’s economic growth is expected to improve to 6.3% in 2016. Facts related to India from Report India is likely to make progress in implementing economic policy reforms and thus help to provide support to business and consumer confidence. India, will see GDP growth improving Read More…