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Ukraine War Affecting Global Economy, Food Security: German Chancellor Scholz

German Chancellor Olaf Scholz, on Saturday, said that the people globally have been affected by higher prices, energy shortages and food security due to Ukraine war, as per Reuters. In a press conference, on the sidelines of the G20 Summit, the German Chancellor said, “What cannot be not talked about is the Russian war of […]

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Global Economic Slowdown Impacts India’s Trade

India’s overall exports, both merchandise and services combined, in June 2023 are estimated to be USD 60.09 billion, registering a decline of around 13 per cent from June 2022, official commerce ministry data revealed on Friday. In June 2022, the exports were USD 69.20 billion. Overall imports in June 2023 are estimated to be USD […]

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Oil Prices Decline In Early Asian Trade On Economic Concerns

Oil prices experienced a decline in early Asian trade on Monday as global macroeconomic uncertainties and the possibility of further interest rate hikes by the US Federal Reserve offset predictions of tighter supplies resulting from OPEC+ cuts. Brent crude futures dropped by 20 cents, or 0.3 per cent, to USD 75.21 a barrel at 0044 […]

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