Page 29 - Global Economy

No recovery in global jobs market from pandemic until at least 2023: ILO

Global unemployment rate seen at 6.3% this year, 5.7% in 2022; uneven stimulus, vaccine access foster inequalities, says ILO

World runs out of everything as a manufacturing drill 'goes too far'

Just In Time manufacturing delivers supplies to factories right as they are required, minimising the need to stockpile them

The Covid-19 pandemic trauma has changed economics, maybe forever

The Great Recession that followed the crash of 2008 had already triggered a rethink

OPEC wins, the West loses

Judges, investors force oil firms towards low-carbon future

Global economy will return to pre-Covid level by 2022, says OECD

Raises world GDP growth forecast to 5.8%

Forecast: Global economy rebounding, but faces multiple threats

The OECD said that relief and stimulus measures in the more developed world had done much to get the economy through the pandemic recession and back on the path of growth.

Best of BS Opinion: Distant thunder in world economy, rocket rupee & more

Here are the best of Business Standard's opinion pieces for Monday

Distant thunder in the world economy

We're in the happy period of global economy coming back to life, but we need to watch carefully the US inflation situation

The coming long spell of demand drought

Looks like India's demand curve has shifted downwards for a couple of years at least, writes Shailesh Dobhal

Global rebound euphoria tests central bankers' nerves on economic risk

Central banks bear some responsibility for financial-market fervor after huge doses of stimulus and liquidity injections to keep economies afloat

The way forward for firms

Indian firms need to prepare for export boom by vaccinating employees, their family members; and prioritise export market

Commodity conundrum

Higher international prices will increase policy risks

United Nations raises global economic forecast to 5.4% growth in 2021

UN warned that surging Covid cases and inadequate availability of vaccines threaten a broad-based recovery

Iron ore prices surge as global economy rebounds, Covid-19 pandemic recedes

The rebound in the global economy as the Covid-19 pandemic recedes has sent rust on a wild ride. Prices for futures in Singapore have nearly doubled in the past six months to a record high of $226.55,

Iron ore prices surge as global economy rebounds, Covid-19 pandemic recedes

The rebound in the global economy as the Covid-19 pandemic recedes has sent rust on a wild ride. Prices for futures in Singapore have nearly doubled in the past six months to a record high of $226.55,

Inflation debate hits emerging markets as Pimco backs economic rebound

Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that's being fueled by months of easy money and fiscal largess

Pakistan to spend 'bare minimum' $6 billion to boost economic growth

The government's GDP target for next year is a percentage point higher than the IMF's 4% projection, and FM Tarin is seeking to boost growth to 6% in the year after

Bank of England sees faster economic rebound, slows its bond buying

The BoE raised its forecast for British economic growth in 2021 to 7.25% from February's estimate of 5.0%

China suspends economic dialogue with Australia as relations curdle

The Australian dollar fell sharply on the news and was as low as 0.7701 to the U.S. dollar from Wednesday's $0.7747

UAE economy shrank 6.1% last year amid Covid-19 crisis: preliminary data

The United Arab Emirates' economy shrank 6.1% last year, the country's statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors