PARIS, DEC 28: This was supposed to be the comeback year for the world economy following the Covid pandemic. Instead, 2022 was marked by a new war, record inflation and climate-linked disasters. It was a “polycrisis” year, a term popularised by historian Adam Tooze. Get ready for more gloom in 2023. “The number of crises […]Continue Reading
NEW DELHI,SEPT. 3: It was only a matter of time before India surpassed the UK as the fifth largest economy in the world. And it has happened now. The UK’s nominal GDP in the April-June quarter was $763 billion well below India’s GDP in the same quarter at $823 billion. India recently announced the April-June […]Continue Reading