OECD sees long-term growth prospects almost halving in major economies PARIS: Growth is projected to almost halve in developed and big emerging market economies in the coming decades,... Published 15 Dec, 2023 03:12am
Business & Finance IMF sees ‘pockets of resilience,’ slowing momentum in global economy WASHINGTON: The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced... Updated 14 Jul, 2023 07:05am
Markets China is willing to implement debt disposal framework BEIJING: China reiterated it is willing to implement a debt disposal framework with other countries, People’s Bank... Published 14 Apr, 2023 11:02am
Pakistan Pakistan condemns India’s decision to hold G20 meetings in IIOJK ISLAMABAD: Pakistan on Tuesday condemned India’s decision to hold Group of 20 meetings in the disputed Himalayan... Published 12 Apr, 2023 06:11am
Editorials Fate of LDCs EDITORIAL: It seems that the United Nations (UN) has finally realised that one of its most ineffective initiatives... Published 11 Mar, 2023 03:16am
Opinion Economy: we need medication to correct account acidity On February 19, 2023 there was an article on Bloomberg titled China’s Debt Noose Could Strangle Pakistan by Mihir... Published 09 Mar, 2023 06:23am
Opinion World economy faces more pain in 2023 after a gloomy year This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was... Published 08 Dec, 2022 06:29am
Print Middle-income nations, too, facing debt issues A draft of the G20 leaders declaration acknowledges that problems extend far beyond just the poorest nations Updated 16 Nov, 2022 10:21am
Business & Finance IMF’s Georgieva urges G20 leaders to ‘allow trade to do its job’ NUSA DUA: International Monetary Fund Managing Director Kristalina Georgieva warned G20 leaders on Tuesday against... Published 15 Nov, 2022 11:20am
World Britain to urge G20 to take coordinated action on economic instability NUSA DUA: British Prime Minister Rishi Sunak will call on the Group of 20 (G20) for coordinated action to address... Published 14 Nov, 2022 01:25pm
World Erdogan arrives at Indonesia G20 after Istanbul blast DENPASAR: Turkish President Recep Tayyip Erdogan touched down in Bali, Indonesia on Monday to attend the G20 summit,... Published 14 Nov, 2022 11:03am
Markets Ending Ukraine war ‘best thing’ to mend world economy: Yellen NUSA DUA: US Treasury Secretary Janet Yellen heaped pressure on Russia on Monday ahead of the G20 summit in... Published 14 Nov, 2022 09:42am
Editorials ‘Hard landing’ for poorer nations EDITORIAL: The World Bank clearly doesn’t feel that the global economy is ready to shake off the effects of the... Updated 15 Jan, 2022 10:30am
Business & Finance Only 1.2% of world's top firms make substantial climate disclosures-Arabesque LONDON: Little more than one percent of 5,000 big companies globally are making substantial disclosures of their... Published 19 Nov, 2021 11:58am
Opinion COP26 left a lot to be desired ‘Many people around the world already consider the United Nations Climate Change Conference (COP26) in Glasgow a... Published 19 Nov, 2021 04:35am
Print Vaccination of 70pc of world by mid-2022 pledged ROME: G20 countries should ensure that 70 percent of the global population is vaccinated against Covid-19 by... Published 31 Oct, 2021 02:43am
World IEA chief pleads for 'real global action' on climate PARIS: As head of the organisation that advises countries on energy policy, Fatih Birol has a blunt message to... Published 12 Oct, 2021 04:44am
Opinion Rising stagflationary concerns The world, including developing countries where food inflation is particularly on the higher side, is facing... Published 24 Sep, 2021 04:40am
Pakistan Cabinet meets today ISLAMABAD: The Cabinet which is scheduled to meet on Tuesday (July 6) will discuss geopolitical situation, economic... Published 06 Jul, 2021 03:48am
Print Japan concerned at ‘abrupt’ changes in Pakistan's investment procedures ISLAMABAD: Japan is reportedly unhappy with the government for what it says abrupt changes in procedures for... Updated 23 Oct, 2021 04:48am
World G20 finance chiefs to talk Covid recovery, aid to poor countries But "it is going to be a long and uncertain ascent", Georgieva said. Published 26 Feb, 2021 11:03am
Opinion Lagging green spending globally ‘The world’s leading economies have announced economic stimulus packages that will pump approximately US$4.6... Published 19 Feb, 2021 04:07am
World G7 seen backing issuance of new IMF SDRs One IMF expert said a $500 billion boost in SDRs would deliver some $14 billion in added reserves to low-income countries and $60 billion to emerging markets, but others said the yields could be much higher. Published 12 Feb, 2021 10:58am