Category: World
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Global trade is being disrupted by Red Sea attacks, Ukraine war and low water in Panama Canal: UN
The U.N. trade body has sounded an alarm saying that global trade is being disrupted by due to multiple issues
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Possible Indian interference in Canadian elections under investigation
The commission was set up by the Canadian government to conduct a public inquiry into foreign meddling in Canadian affairs after reports of alleged Chinese attempts to influence elections
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Japan’s exports surge 10% in December on strong demand for autos, revived trade with China
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India registered strong investment performance in 2023; headwinds in China from struggling property sector: UN
The UN World Economic Situation and Prospects (WESP) 2024 report said that investment has been more resilient in developing economies than in developed economies.
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Pentagon says Iranian drone ‘attack’ hit chemical tanker near India
The incident highlights escalating regional tensions and new risk to shipping lanes after the October 7 Hamas attack on Israel
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Hindu temple vandalised with anti-India in U.S. in apparent hate crime
The Consulate General of India in San Francisco strongly condemned the defacing of the temple
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A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
As the Fed signals lower rates ahead, a stockpile of cash on the sidelines could provide a boost for further gains across assets in 2024.
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Global coal use at all-time high in 2023: IEA
Global demand for coal is seen rising 1.4% in 2023, surpassing 8.5 billion metric tons for the first time as usage in India is expected to grow 8%
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U.S. inflation likely cooled again in November as Fed prepares to assess interest rates
Falling gas prices are thought to have offset a rise in food costs from October to November. Compared to 2022, inflation will likely ease to 3.1% from 3.2% in October, according to a survey of economists by FactSet
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India to emerge as third largest global economy by 2027: Finance Minister
The corridor, which the U.S. hopes will counter China’s BRI, will pass through Israel