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
Tag: Global
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
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
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%,
Sep 5th 2021 London and San Francisco THE ECONOMIC recovery from the covid-19 pandemic is lopsided in many ways. Vaccinations have allowed some countries to bounce back rapidly, even as others struggle. Demand is surging in some sectors but still looks weak in others. Another big source of unevenness is slowly becoming clear. As national
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