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News from World

tag: G20

download (7).jpg 06 February 2023

India: the benefits of advancing the Lifestyle for Environment (LiFE) initiative through the G20

Launched by Prime Minister Narendra Modi of India, the Lifestyle for Environment (LiFE) initiative aims to encourage the adoption of sustainable lifestyles in India and internationally to tackle the challenges of environmental degradation and climate change. Download full report

 

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sa.png 28 November 2022

An inflation respite

Inflation has peaked in most countries, indicators suggest. Factory-gate prices, commodity prices, and expectations of future inflation have all dropped in recent weeks, the Financial Times reports. [Global inflation likely to have peaked, key data indicators ... – FT]

 

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download (12).jpg 15 November 2022

The slowdown in global economic growth is increasingly evident, according to global data from the Purchasing Managers Index (PMI)

Global economic growth is facing a unique mix of headwinds, including Russia's invasion of Ukraine, interest rate hikes to contain inflation, and lingering effects of the pandemic such as lockdowns in China and disruptions in supply chains. In turn, the latest IFM World Economic Outlook lowered the global growth forecast for next year to 2.7%, and countries representing more than 1/3 will contract this year and next. Moreover, the latest report prepared for  the G20 confirms the gloomier outlook.

 

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