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India to be the third largest economy by 2030: S&P Global, Morgan Stanley
A beautiful and colorful aerial view of the Mumbai skyline during twilight seen from Currie Road, on February 16, 2022 in Mumbai, India. Prateek Chorgi | Hindustan Times | Getty Images India is set to overtake Japan and Germany to become the third largest economy in the world, according to the Standard & Poor’s Worldwide […]
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Talk of transient inflation is back. But economists say the higher prices here will remain
Fruit and vegetable prices are displayed at a store in Brooklyn, New York City, March 29, 2022. Andrew Kelly | Reuters Global markets have been rattled in recent weeks by data indicating that inflation may have peaked, but economists warn against a return to the “temporary” inflation narrative. Stocks rebounded when the U.S. consumer price […]
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China encourages vaccination of the elderly; Hong Kong closes up 5%.
China says it is closely watching developments in the virus when asked about the policy shift Chinese health authorities said officials were “closely watching” Covid developments when asked if the protests in the region would lead to shifts in the zero Covid policy. “China is closely following and watching the virus as it evolves and […]
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Hong Kong stocks led losses in Asia due to Chinese unrest, and oil is at a low in 2022
India’s inventories are at historic highs Indian stocks hit new highs in Monday’s session. The nifty 50 index, The main index on the National Stock Exchange of India touched 18,611.05, breaking the all-time intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 in the India morning session, also surpassing the previous […]
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Economies booming with Russian wealth and immigration
Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and […]
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The first to hack the iPhone, the tech prodigy joins Musk’s Twitter to fix the search function
The game recognizes the game, and Elon Musk Brings talent to Twitter yet A large number of layoffs In the social media company that followed his takeover. George Hotez, who made a name for himself as one of the first people to jailbreak or hack IphoneJoin the 12-week training. The move came after Hotz shared […]
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Fed Minutes, Bank of Korea Decision, Sri Lanka
Malaysian stocks rose with the announcement of the Prime Minister’s State Palace Listed shares rose in Malaysia as the state palace announce Anwar Ibrahim, Prime Minister of the nation. pointer KLCI Index It was trading up 3.86% following the previous negative sessions, and it traded at the highest levels in more than two months. communication […]
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China may have ‘passed the point of no return’ with soaring rates of Covid infection
Macquarie’s chief China economist, Larry Hu, said surging Covid infections across mainland China was making it difficult for the government to achieve zero Covid without returning to a harsh lockdown. In the past few days, the number of daily cases has risen to around 28,000 or more — close to levels seen in April during […]
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JPMorgan sees four possible outcomes for the economy, and only one of them is good
The global economy faces four possible scenarios in the future — none particularly great — although there is a 1 in 5 chance that a recession won’t take hold, according to economists at JPMorgan Chase. In the most likely case for the company, the United States would likely experience a downturn in the latter part […]