November has been a ride for economic affairs ever since Donald Trump has been reinstated as the president of the USA. Ever since he came into power, he has been in the news for various reasons, from imposing tariffs to…
Japan is facing a persistent economic slowdown primarily due to its rapidly growing older population, geopolitical challenges, fear of global recession, and declining birth rate. The change in the demographic structure has resulted in a shrinking workforce. Despite these challenges,…
Globally, the wood pellet industry has crossed USD 6 billion in exports in 2023. As per the industrial trends, this market is supposed to grow at a speed of 6.2% annually from 2024 to 2030, driven by the shift toward…
Germany, the heart of Europe, is experiencing a slowdown in economic activity in a couple of months. A series of factors, including supply chain disruptions, Geopolitical challenges, and global downturn, are responsible for this weakening demand in May and June.…
Worldwide demand for eco-friendly vehicles is witnessing double-digit growth over the year. This could be observed from traditionally fuelled power to electric run engines. And, opens the door for a billion dollar market for EVs and the business directly or…
Key Insights Recently, the world’s most advanced trade bloc, G7 held a meeting in Italy, contributing to 41% of the global merchandise trade. During the G7 members have made it clear that they will promote the work of IMEC (India-Middle-East-…
Global demand and supply for agricultural products and fruits is projected to continue increasing in 2024 due to rising consumption across regions. In terms of trade, the largest gainers in 2023 were rice, and sugar in the agricultural category, and…
India has taken one step forward to expand trade with Central Asian countries by signing a crucial Chabahar Port agreement with Iran for 10 years. The Chabahar Port is located on the Gulf of Oman and is a crucial gateway…
Germany’s economy has faced significant challenges in the last two quarters, from technical recession to becoming the old sick man of Europe. Germany has become the world’s 3rd largest economy, despite challenges. Strong economic fundamentals, Govt policies, manufacturing power, strategic…
China and Russia are likely to discuss the agenda of de-dollarization in BRICS 2024 as both countries have agreed to use local currencies up to $260 billion. To counter the plan of two influential BRICS members in favor of de-dollarization,…