India well-positioned to capitalise on new growth opportunities, says Nirmala Sitharaman

India well-positioned to capitalise on new growth opportunities, says Nirmala Sitharaman

New Delhi: Finance minister Nirmala Sitharaman has said India is well positioned to capitalise on new growth opportunities despite the challenging global economic environment and hopes to emerge as a key partner for many countries seeking to diversify their supply chains. The future of global economic growth will be shaped by strategic partnerships instead of … Read more

IMF warns war and protectionism to hurt world economy – POLITICO

IMF warns war and protectionism to hurt world economy – POLITICO

“We have three main policy recommendations,” Koeva-Brooks said, highlighting that the first is “for central banks to pivot towards providing more support to activity where inflation is under control.” By contrast, she added that governments should tighten fiscal policy to draw a line under the emergency measures of the pandemic years, as well as enacting … Read more

It’s time to address this leading cause of death: COPD – POLITICO

It’s time to address this leading cause of death: COPD – POLITICO

As a global patient advocate, I would say yes. But the reality is that it’s not. At least not today. I’m talking about chronic obstructive pulmonary disease, or COPD. And it’s time to make it a global priority. COPD kills more people yearly than lung and breast cancer combined and is predicted to cost the … Read more

Global stocks tumble after Wall Street drops on worries about the economy

Global stocks tumble after Wall Street drops on worries about the economy

World stocks tumbled Wednesday after Wall Street had its worst day since early August, with heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks. France’s CAC 40 slipped 0.8% in early trading to 7,513.31, and Germany’s DAX lost 0.8% to 18,607.62. Britain’s FTSE 100 also dropped 0.8% to 8,230.49. The futures for the … Read more

Von der Leyen threads the climate needle to keep her job – POLITICO

Von der Leyen threads the climate needle to keep her job – POLITICO

Not everyone was buying von der Leyen’s sphinx-like approach. The French Greens, for example, broke with their group to oppose von der Leyen, denouncing her for not detailing a “proactive pursuit of the Green Deal,” among other shortcomings. Green NGOs were similarly skeptical. Von der Leyen’s offerings “show there is no going back on climate,” … Read more

Pentagon says Russia ‘likely’ launched space weapon – POLITICO

Pentagon says Russia ‘likely’ launched space weapon – POLITICO

For example, lasers could be used to flood satellite optical sensors with light, blinding or, in counterspace-speak, dazzling imaging satellites; while snooping on satellite comms can also pose a problem. France has accused Russia of trying to listen in on the Athena-Fidus satellite it shares with Italy. This year, U.S. officials briefed that Russia was developing a … Read more

competitiveness and Bolshewokism – POLITICO

competitiveness and Bolshewokism – POLITICO

In this episode we unpack the EU’s new buzzword and the main point of discussion at this week’s European Council summit: competitiveness. We also bring you another new buzzword from Brussels this week: Bolshewokism. Host Sarah Wheaton is joined by POLITICO’s chief Brussels correspondent, Barbara Moens, to recap the leaders’ summit and their attempt to … Read more

World’s cartoonists on this week’s events

World’s cartoonists on this week’s events

First published on PoliticalCartoons.com, Canada, April 8, 2024 | By Dave Whamond First published on caglecartoons.com, Austria, April 8, 2024 | By Marian Kamensky First published in the Buffalo News, U.S., April 11, 2024 | By Adam Zyglis First published in NZZ am Sonntag, Switzerland, April 9, 2024 | By Patrick Chappatte First published on … Read more

China can’t be cut out of global economy, warns foreign minister – POLITICO

China can’t be cut out of global economy, warns foreign minister – POLITICO

Wang said the global economy is like “a big ocean that cannot be cut into isolated lakes,” adding: “The trend toward economic globalization cannot be reversed.” On the sidelines of the Munich conference, Wang met with U.S. Secretary of State Antony Blinken in a meeting that was as “candid, substantive and constructive,” according to a … Read more

EU mulls emergency aid for collapsing solar producers – POLITICO

EU mulls emergency aid for collapsing solar producers – POLITICO

The talks come as the European Solar Manufacturing Council (ESMC), the body representing photovoltaic producers, this week sent a letter to Brussels appealing for “urgent” measures including a swift, EU-led buyout of their inventories. The group argues that subsidized Chinese mass production of solar modules — which currently sell for half the price of their … Read more