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[ad_1] United Nations: China’s influence at the world body — a barometer of its global clout — measured by a recent secret electoral vote has shown a downward drift even as it maintains an iron grip on power at the Security Council because of its veto powers. China went head-to-head against India in elections at…
[ad_1] New Delhi: On the diplomatic front, China has wasted no time since emerging from Covid isolation. In the last few months, President Xi Jinping has met Russia’s Vladimir Putin; hosted several world leaders, including Brazil President Luiz Inacio Lula da Silva who arrived this week; sent a top envoy to court Europe; and presented…
[ad_1] London: Global demand for oil this year is on track to rise to a record 101.9m barrels per day as China leads an economic surge among developing nations, the world’s leading energy body has forecast, a media report said. The International Energy Agency’s predicted daily average for 2023 is 2m bpd higher than last…
[ad_1] Washington: Members of the G20 agree that a globally coordinated understanding would be required not only to deal with the challenges posed by crypto assets but also to regulate them, Union Finance Minister Nirmala Sitharaman has said. The grouping has responded to the issue with alacrity and during India’s presidency of the G20, a…
[ad_1] In Washington, the 77-year-old Brazilian leader issued a call to battle: The left needed to build its own transnational network, Lula said, to fight for its political values and take on crises like economic deprivation and climate change. Far-right leaders like Trump and Bolsonaro in the Americas had sought each other out and found…
[ad_1] Union Finance Minister Nirmala Sitharaman- Twitter New Delhi: Union Finance Minister Nirmala Sitharaman said that despite this year’s projected growth rate of over 6 per cent for the Indian economy, it remains concerned about the global economic outlook and geopolitical environment. She made the remarks on Wednesday while attending the Development Committee meeting of…
[ad_1] New Delhi: The global IT spending will continue to slow down by 4.4 per cent to $3.25 trillion for the fifth consecutive month, as technology investments continue to show the impact of a weakening economy. In its new monthly forecast for worldwide IT spending growth, IDC projected overall growth this year slightly down from…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. BRUSSELS — China and other powerful countries need to step up to help steer the world away from a potentially “catastrophic” hunger crisis this year, the new head of the United Nations’ World Food Programme said. Cindy McCain, an American diplomat and the…
[ad_1] New Delhi: Notebook shipments suffered a large decline in the first quarter of 2023, falling 34 per cent year-on-year to 41.8 million units, as the first three months of this year brought further turmoil to the global PC market. According to market research firm Canalys, Q1 2023 represents the largest shipment decline for the…
[ad_1] That’s creating new tensions with the U.S. and its Western allies that will be on display as top finance officials gather this week in Washington for the spring meetings of the IMF and World Bank. The U.S. is pressing China to provide more debt relief in what will be one of the most significant…