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COP27
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Focus
11/11/2022 3:00:15 PM
Countries representing more than 50 percent of global GDP have agreed to set out sector-specific priority actions to decarbonise power, road transport, steel, hydrogen and agriculture sectors by the 28th UN Climate Change Conference (COP28), which is set to be held in the United Arab Emirates in November of next year.
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Business
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Economy
4/14/2022 3:19:40 PM
The International Monetary Fund (IMF) will revise down the real GDP growth of 143 economies – accounting for 86 percent of global GDP – following the Russian invasion of Ukraine, IMF Managing Director Kristalina Georgieva said on Thursday.
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Business
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Economy
1/25/2022 4:08:40 PM
The International Monetary Fund (IMF) has lowered its projections for the global real GDP growth in 2022 to 4.4 percent, down from the 4.9 percent it had projected in October 2021, according to the updated report on the world economic outlook released on Tuesday.
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Business
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Economy
1/11/2022 4:36:37 PM
Global GDP growth is projected to slow down significantly in 2022 to 4.1 percent in 2022 and 3.2 percent in 2023, down from 5.5 percent recorded in 2021, the World Bank announced on Tuesday
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Business
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Economy
12/8/2021 4:31:05 PM
Fitch Ratings has lowered its global GDP growth projections for 2022 by 0.3 percent since its September global economic outlook to 5.7 percent.
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Business
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Economy
12/7/2021 3:12:23 PM
The current generation of students risks losing $17 trillion in lifetime earnings –about 14 percent of the global GDP at the present value – as a result of the COVID-19 pandemic and its related school closures, a new report published on Monday by the World Bank, UNESCO, and UNICEF estimated.
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Business
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Economy
10/5/2021 5:32:15 PM
The global GDP is expected to see $5.3 trillion in losses over the coming five years if there is a delay in vaccine rollouts, especially in emerging and developing countries, according to the IMF’s managing director Kristalina Georgieva.
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Business
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Energy
10/4/2021 2:46:40 PM
Achieving net-zero carbon emissions globally by 2050 requires additional global investments in the range of 0.6 to 1 percent of the annual global GDP over the next two decades, amounting to a cumulative $12 to $20 trillion, according to the International Monetary Fund (IMF).
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Business
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Economy
5/31/2021 5:00:39 PM
For 2022, the OECD projected global GDP growth to slow down to 4.4 percent, while expecting global income to remain some $3 trillion less by the end of 2022 than was expected before the crisis hit
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Business
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Economy
4/8/2021 10:04:20 AM
The IMF managing director says faster progress in ending the health crisis caused by the COVID-19 pandemic could add almost $9 trillion to global GDP by 2025
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Business
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Economy
3/10/2021 5:30:00 PM
The report called for faster and more effective vaccination deployment across the world for the good of global economic activity, which has been hit severely by the COVID-19 crisis
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Business
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Economy
2/3/2021 3:50:21 PM
Fitch stressed that global recovery will be uneven and diverge sharply in emerging and developed economies, especially as the COVID-19 vaccine rollouts will be uneven across the world
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Business
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Economy
1/26/2021 7:20:03 PM
Economic Counsellor and Director of the research department of the International Monetary Fund Gopinath said that rapid vaccination distribution is expected to add $4 trillion to the global GDP
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Business
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Economy
1/25/2021 2:23:36 PM
Managing Director of the IMF Kristalina Georgieva made her comments during a speech to the high-level session of the Climate Adaptation Summit 2021 that was launched virtually on Monday
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Business
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Economy
1/20/2021 2:35:17 PM
EIB expected Middle East, Central Asia, and emerging and developing Europe's GDP to contract by 4 to 5 percent in 2020, followed by a rebound that ranges between 3 percent and 4 percent in 2021
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Business
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Economy
12/2/2020 3:57:07 PM
The projection follows a significant fall in global economic vitality in 2020, the worst since the 2008 global financial crisis, due to the Covid-19 pandemic
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Business
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Economy
10/7/2020 7:58:41 PM
Pairing carbon taxes with policies that curb the impact on consumers’ energy costs can deliver rapid emissions reductions without major negative impacts on output and employment
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Business
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Economy
10/6/2020 2:16:51 PM
The IMF says it has provided financing at unprecedented speed and scale to 81 countries, reaching over $280 billion in lending commitments, which is more than a third of that approved since March
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World
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International
9/12/2019 7:04:29 PM
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