Economy & Policy

Business models should factor in social cost of carbon now: James H Stock Synopsis Social cost of carbon means estimating the monetary value of the damages caused by emitting one ton of carbon. Emitting carbon causes damages both today…
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Biden believes iCET key for US, India to create technology ecosystem US President Joe Biden believes that the India-US initiative on Critical and Emerging Technologies, or iCET, is key for the two countries to create a democratic…
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IMF raises 2023 forecast on Beijing reopening, strength in US, Europe WASHINGTON: The International Monetary Fund (IMF) yesterday raised its 2023 global growth outlook slightly due to “surprisingly resilient” demand in the United States…
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Recession Fears Are Easing as Inflation Cools and Expectations Rise That the Fed Will Soften Its Policy, Survey Shows The likelihood of the US slipping into recession has declined in the past three months, per a key survey. The…
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India-US Trade: Indian Tech Industry Supported Close to 1.6 Million Jobs, Contributed Nearly $198 Billion to US Economy, Says FM Sitharaman The two countries crossed the $100 billion mark in 2021, making it the largest volume of goods…
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Is the Small Business Surge in the US Sustainable? Fashionista Janie Hayes always wanted to be her own boss. She finally managed it last year, when the clothing boutique she opened in Boise, Idaho during the pandemic started to take off.…
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India to benefit from US, China decoupling: Gautam Adani tells Davos Summit Countries seeking their own form of self-reliance, says billionaire in reference to India's Atmanirbharta campaign of economic independence The decoupling of…
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US Debt Default Will Trigger Global Financial Crisis, Treasury Secretary Yellen Warns WASHINGTON (UrduPoint News / Sputnik - 20th January, 2023) A debt default by the United States will trigger a global financial crisis, Treasury Secretary…
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US Business Study Shows Negative Impact of Tariffs on China A study Impacts of Section 301 Tariffs on Imports from China: Case Studies of Apparel, Footwear, Travel Goods and Furniture has called out the ‘detrimental economic impacts’ of…
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US Monetary Policy, Dollar Biggest Risks to Emerging Economies in 2023: RBI Emerging markets appear more resilient than in the year gone by, but the biggest risks in 2023 stem from US monetary policy, US dollar, says RBI in Jan bulletin.…
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