Tag: energy prices

The outcome will come as a blow after politicians and European Central Bank officials said repeatedly that a downturn could be averted even as inflation rocketed to its highest level since the euro was introduced.
Posted in Business

20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March

 June 8, 2023  Leave a Comment on 20-nation Eurozone dips into recession, economy shrinks by 0.1% in Jan-March

The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy prices soaring. The outcome will come as…

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High interest rates a challenge for the global economy, says World Bank chief David Malpass
Posted in Economy

High interest rates a challenge for the global economy, says World Bank chief David Malpass

 February 22, 2023  Leave a Comment on High interest rates a challenge for the global economy, says World Bank chief David Malpass

India is in a good position to benefit from the global supply chain and manufacturing diversification, outgoing World Bank president David Malpass told Deepshikha Sikarwar…

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