Global recession risk rising as economic outlook ‘darkens significantly’, IMF says | Global economy

Global recession risk rising as economic outlook ‘darkens significantly’, IMF says | Global economy

The outlook for the global economy has “darkened significantly” in recent months, the head of the IMF has warned, and the world faces an increasing risk of recession in the next 12 months. The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hundreds of millions of people, Kristalina Georgieva

Cruise Tourism Market Size to Grow by USD 4.24 billion | Strong Global Economic Recovery and Increasing HNWIs to Boost Market Growth

Cruise Tourism Market Size to Grow by USD 4.24 billion | Strong Global Economic Recovery and Increasing HNWIs to Boost Market Growth

NEW YORK, July 5, 2022 /PRNewswire/ — Cruise tourism is a popular type of tourism that involves the exploration of new places, coupled with luxury and entertainment. Cruise lines offer various activities such as sports, shopping, water games, video games, and numerous other leisure activities. Technavio has announced its latest market research report titled Cruise

We face a global economic crisis. And no one knows what to do about it | Phillip Inman

We face a global economic crisis. And no one knows what to do about it | Phillip Inman

Back in February, plenty of investors were betting that the buildup of Russian troops on Ukraine’s border was no more than an elaborate bluff. The Russian and Ukrainian currencies appreciated in value as hedge funds and private equity firms, signalling their faith in some form of peace deal emerging, confidently bought roubles and the Ukrainian

Oil wobbles as global economic worries offset tightening supply

Oil wobbles as global economic worries offset tightening supply

A worker stacks oil barrels at a filling station in n Chennai on February 24, 2022. Arun Sankar | AFP | Getty Images Oil prices edged down on Monday, reversing earlier gains, as concerns about slowing global economic growth and fuel demand offset worries about tightening supplies. Brent crude futures slipped 8 cents, or 0.1%,

Engineering student credits global perspective for success

Engineering student credits global perspective for success

UNIVERSITY PARK, Pa. — Raghav Bansal, who earned both his bachelor of science and master of engineering from Penn State’s Harold and Inge Marcus Department of Industrial and Manufacturing Engineering (IME), never imagined he would study abroad not once, but three times while earning his degrees. Now, he credits his career to his multinational academic

Ground-Breaking Business Series ‘Unicorn Hunters’ Announces New Circle of Money Cast Member and Seeks Global Entrepreneurs for New Episodes

Ground-Breaking Business Series ‘Unicorn Hunters’ Announces New Circle of Money Cast Member and Seeks Global Entrepreneurs for New Episodes

LOS ANGELES, July 6, 2021 /PRNewswire/ — Unicorn Hunters, the new addictive series spotlighting emerging growth companies looking to hit the coveted one-billion-dollar valuation mark, announced today that John Bercow, Former Speaker of the House of Commons of the United Kingdom, will be joining its cast this August as it calls all global entrepreneurs to

Hyperledger Supports Global CBDC Challenge as Technical Partner

Hyperledger Supports Global CBDC Challenge as Technical Partner

Will Provide Access to Open Source Platforms Already in Use for CBDC Projects, Technical Support from Global Community SAN FRANCISCO and SINGAPORE, June 28, 2021 /PRNewswire/ — Hyperledger, an open source collaborative effort created to advance cross-industry blockchain technologies, today announced it is a Technical Partner for the Global CBDC Challenge, launched today by the

Access Bank wins 2 International Awards at the 9th edition of Global Brands Magazine Awards

Access Bank wins 2 International Awards at the 9th edition of Global Brands Magazine Awards

LONDON, June 8, 2021 /PRNewswire/ — Access Bank, one of the most established banks in Ghana, has won the “Most Innovative Retail Banking Brand” and the “Best CSR Bank” in Ghana for the year 2020. The felicitation ceremony will be held at the Palm Jumeirah – Waldorf Astoria on the 3rd of December 2021 in