The International Monetary Fund raised concerns about the global economy just before the G-20 meeting. The IMF says that the world economy seems to be weakening. The global body said that the situation seems to be worse than what was estimated last month. According to the IMF, this has come to the fore in the Purchasing Managers Index of the last few months. Not only this, the IMF says that the monetary policies that have been tightened by the economies of the world and the increase in inflation have created such situations. In its estimate, the IMF has said that China's economy has shown a slowdown and the supply chain has been affected.
Apart from this, the supply of food grains in the world has also been affected due to the war between Russia and Ukraine. Due to this, such conditions are being created that there is a slowdown in the global economy. Last month, the global institute announced to reduction in the world's economic growth forecast from 2.9 percent to 2.7 percent in 2023. In a blog ahead of the G20 Leaders' Summit, the IMF said that the signs about the global economy are talking of a slowdown. Especially in Europe, the situation of recession remains. Its effect will be seen in other parts of the world as well.
The IMF says that manufacturing and services activity has weakened. The situation is more or less similar in the big 20 economies of the world. On the one hand, there is an increase in the inflation rate, while there is a decrease in demand and production. The IMF says that the crisis facing the global economy is worrying. It seems that the times ahead are going to be challenging. Not only this, but the energy crisis in Europe has also worked to reduce growth and has increased inflation. The global body said that if inflation continues like this, then the policy rate will increase across the world and this can make the economic situation difficult.
G-20 Summit: Advancing US-India relations is our priority – US Treasury Secretary Janet Yellen
US Treasury Secretary Janet L. Yellen on Thursday (September 8) emphasized India-US bilateral relations given the G-20 summit. Janet said the US will step up its efforts at the G20 meeting, such as
Saiyaara actor Ahaan Pandey broke Karan Johar's heart, shared a post, and said- 'Tears are flowing'
Mohit Suri directed film Saiyaara is making waves these days. Neither Anupam Kher's film The Tanvi nor Sonakshi Sinha starrer Nikita Roy could do wonders in front of Saiyaara. These days only Saiyaara
Pakistan Blast: Bomb blast in a motorcycle in the market of Balochistan province of Pakistan, 13 injured
At least 13 people were injured in a blast on Monday at a market in the Khujdar district of Pakistan's Balochistan province. A senior police officer said the explosives were attached to a motorcycle
Pakistan started pleading for talks with India, Shehbaz Sharif said- 'We now want to resolve all disputes'
After facing defeat in Operation Sindoor, Pakistan Prime Minister Shehbaz Sharif on Monday expressed his desire for peace talks with India to resolve all issues including Kashmir, terrorism, water,
Seema Haider: UP police again took Seema and Sachin for questioning, Pakistani woman's secret may be revealed soon
The UP police are once again questioning Seema Haider, a Pakistani woman who entered India illegally through Nepal. Along with Seema Haider, Sachin is also being interrogated by the UP police.
'Imran Khan has become Imran Hashmi...' Naila Inayat took a jibe at the former PM of Pakistan surrounded in the call leak case
The difficulties of former Prime Minister of Pakistan Imran Khan are increasing. Now his name has allegedly come in the intimate call leak scandal. In the leaked call recording, a man can be heard
Maharashtra's rain is a disaster: Weather will again create problems in Mumbai; Pune is in a bad state, roads are submerged somewhere and houses are submerged somewhere else.
Continuous rains continue to wreak havoc in many cities of Maharashtra. The situation has gone from bad to worse in Mumbai, Pune, Raigad, and many other places. Due to continuous rains, roads, railway
Outcry for water in Delhi: Minister said- Now supply will be done only once, challan will be issued for wastage
With the increase in heat, the water crisis in Delhi has also deepened. Water supply has stopped in many areas of Delhi. Given this, the government has decided that in the areas where water is
'Hindus converted to Islam on a large scale in Bengal', claims NCBC chairman – Many Bangladeshis included in OBC list
West Bengal Hindu conversion Hansraj Ahir, chairman of the National Commission for Other Backward Classes (OBC), said Hindus in West Bengal have converted to Islam on a large scale. The president of
Russia is confident of its victory in the war against Ukraine, Moscow told the European Parliament - Sponsor of Idiocy)
Russia has said that it has no doubts about the victory in the Ukraine war. He believes that victory in this will be his only. Kremlin spokesman Dmitry Peskov gave this statement after the attack on