'Global fiscal deficit tripled in 2020 to $6.5 trillion'
IANS | 13 Apr, 2021
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| As governments across the world raised their spending amid the pandemic to support economies along with the healthcare system, the global fiscal deficit marked a three-fold increase in 2020 to $6.5 trillion, according to a report by Motilal Oswal Financial Services.. |
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Obama slams Trump over Covid-19 pandemic response
IANS | 25 Oct, 2020
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| While hitting the campaign trial for Democratic president nominee Joe Biden, former US President Barack Obama slammed his successor Donald Trump's response to the Covid-19 pandemic in the country, which is currently the worst-hit with the world's highest number of confirmed cases and deaths.
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US-China trade war escalates deeper
IANS | 24 Sep, 2018
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| The ongoing trade war between the US and China further escalated on Monday as the two economic powerhouses slapped each other with the largest rounds of tariffs yet, unleashing punitive duties now on roughly half of their traded goods.. |
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Tariff war: Now China hits back US
IANS | 19 Sep, 2018
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| The trade war between the US and China got uglier on Tuesday as Beijing slapped tariffs on American goods worth $60 billion in retaliation to the additional taxes of $200 billion on Chinese goods by Washington.. |
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OPEC crude basket rises to $76.02
IANS | 13 Sep, 2018
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| The basket of crude oil used as a benchmark indicator by the Organisation of Petroleum Exporting Countries increased to $76.02, the OPEC Secretariat said here on Wednesday.. |
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