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Global economy
The world’s agricultural landscape is witnessing a seismic shift as Australian grain growers strategically navigate the aftermath of the collapse of the Black Sea grain deal. Russian missile strikes on Ukrainian ports and the Kremlin’s decision to withdraw from the…
In a tumultuous turn of events, the Black Sea grain deal, once hailed as a diplomatic achievement, has crumbled, leaving Ukraine’s vital grain exports and global markets hanging in the balance. Negotiated in July 2022 between Turkey, the UN, and…
In a bold move to address its struggling economy, China’s central bank, the People’s Bank of China (PBOC), made unexpected interest rate cuts, sending ripples through global markets. The decision to lower rates comes as policymakers intensify efforts to bolster…
The International Monetary Fund (IMF) has issued a dire warning about the global economy, predicting its weakest growth since 1990. In a speech delivered at the annual IMF meeting in Washington, IMF Managing Director Kristalina Georgieva described the road ahead…
The recent profit report from Nvidia has sent shockwaves through the tech industry and financial markets, solidifying the notion that artificial intelligence (AI) is not just a passing trend but the future of our world. From personalized shopping experiences to…
What is IMF? The International Monetary Fund (IMF) is a globally recognized international organization comprising 190 member countries. Established in 1944 during the Bretton Woods Conference, the IMF aims to stabilize the global economy and provide financial assistance to countries…
In a significant turn of events, the UN’s Food Prices Index has recorded a fifth consecutive month of decline, potentially alleviating one of the primary drivers behind the surging cost of living worldwide. With the index reaching 138 in August,…
India is a country with a population of over 1.3 billion people, and it is home to a large and diverse workforce. However, despite the vast number of people living in India, many are struggling to find good-paying jobs that…
Sri Lanka, an island nation located in the Indian Ocean, has a population of approximately 21 million people and a government that is made up of a presidential system with a president as the head of state and a prime…
According to the National Statistics Bureau of Japan, the all items index of consumer prices in 2022 was 102.3, up 2.5% from the previous year. The National Core Consumer Price Index (CPI) measures the change in the price of goods…