Global Roundup

Developed nations hamper green hydrogen and energy transition for developing countries, says Power Minister

During a Confederation of Indian Industry event, Power and New & Renewable Energy Minister R K Singh emphasized India’s ambition
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Singapore sounds the alarm: Global economic prospects look grim

It’s getting hard to be an optimist about the world economy. China’s reopening is proving solid but unspectacular. Talk of
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From scandal to takeover: A look at Credit Suisse’s downfall and UBS’s emergency intervention

Beleaguered Swiss banking giant Credit Suisse will be bought by long-time rival UBS in a whopping $3.2 billion deal, eight
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How India is staying ahead of its global peers amid the economic slowdown?

Global leaders are extremely bullish on India despite macroeconomic volatility. With foreign investors’ money pouring in, stock markets generating positive
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The end of Chinese lockdowns and the reopening of trade

Beijing’s rapid dismantling of its COVID lockdowns — whose impact will become clear after the Chinese New Year break, when
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Five most pressing global issues to watch out for in 2023

Business chiefs gathered in Davos are weighing new risks in a global economy where great-power politics loom large and governments are
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Emerging markets face risk of policy error in the midst of conflicting priorities

Emerging-market central banks face a Catch-22 where plunging economic growth means they can’t keep monetary conditions tight, but elevated inflation
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Declining energy prices to speed up clean energy transition

The Commodity Markets Outlook report released this month by World Bank stated that as the global growth slowdown intensifies, commodity prices are
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World currency reserves shrink by $1 trillion this year in record drawdown

Global foreign-currency reserves are falling at the fastest pace on record as central banks from India to the Czech Republic
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