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Economic & Finance

The Odds of a Global Recession: A Promising Decline Amidst Economic Resilience

To start the year, Wall Street has ramped up its soft-landing calls, and Ned Davis Research strategists seem to agree that there is little chance of a downturn. A note published Tuesday noted that economic indicators across manufacturing, supply chains, and equities indicate a lower risk of a global recession. The global economic lull we

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Economic & Finance

India’s Rising Power: Securing the 4th Strongest Military in the World, while the US Maintains its Dominance at the Top

According to the Global Firepower rankings 2024, the United States remains the most powerful/strongest military in the world, followed by Russia and China. According to the index, which evaluated the strengths of 145 countries, India has the fourth strongest military in the world. In the ranking, Pakistan is at number 9 and Bhutan is at

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Economic & Finance

War and Climate Change Impede Aggressive Fed Rate Cuts in 2024, Say Strategists

According to Macquarie strategists, war and climate change tensions are a main risk to the Fed’s rate cuts. Inflation could rise above 2%, creating an opportunity for a more conservative monetary policy. Drought in the Panama Canal and Red Sea attacks creating supply shocks similar to pandemic era, resulting in less intense rate cuts from

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Economic & Finance

Remittance inflows surge in second half of December: Positive for economy

A recent increase in remittance inflows, touching $1.07 billion during December 1-15, 2023, underlines a significant support for our foreign exchange reserves. This significant increase not only indicates a promising growth but also reveals a resilient pattern in remittance flows. As Bangladesh navigates through economic transitions and global challenges, the robustness shown remittance inflows serves

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Economic & Finance

Key highlights of the US Federal Reserve Meeting

The US Federal Reserve kicked off its 2nd day of interest rate deliberations on November 1 and the apex bank decided to maintain the key overnight interest rates unchanged at 5.25%-5.50%. Jerome Powell-led FOMC kept interest rates unchanged. With this, the current levels exhibit that rates are at 22-year high, even as the US economy

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Economic & Finance

Which country’s companies profit most from the war?

Global economy continues to face risks and challenges as a result of renewed inflation shock due to a war between Israel and Hamas. Experts believe that there is a growing concern regarding the significant increase in oil prices. These experts opined that the conflict threatened to further impact fragile global outlook because world’s leading central banks

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Economic & Finance

The US National Debt Crisis: Is Economic Growth Enough to Overcome the $33 Trillion Burden?

Discover the alarming truth behind the US national debt crisis and whether economic growth is enough to overcome the staggering $33 trillion burden. The Peter G. Peterson Foundation believes the US’s $33 trillion debt crisis mountain is likely to grow even larger – and policymakers and legislators can’t rely on the economy to solve the

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Economic & Finance

Investors would benefit more from a short recession than a smooth trading

Manulife Investment Management Global Chief Economist and Strategist Frances Donald says a soft landing would be more problematic for investors than a short recession. It doesn’t seem like a Fed that would cut rates without a recession with the price level shock we’ve seen in the past couple of years,” she told CNBC on Friday.

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Economic & Finance

India’s September Trade: Exports Soar in Key Sectors, as Trade Deficit Tightens

India’s exports surge in key sectors, trade deficit falls in September. There is a 31% reduction in India’s trade deficit, which amounts to USD 19.4 billion. USD 34.5 billion worth of exports declined by 2.6%. Exports of engineering goods increased by 6.8% According to India’s Commerce Ministry, the trade data for September 2023 showed a

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Economic & Finance

Israel-Palestine War: Impact on Global Stock Market

The Israel-Palestine War has been categorised as the worst attack on Israeli soil in several decades. Tensions started when there was a surprise attack by Iran-backed Hamas, which is a Palestinian militant group. This attack killed more than 1,000 in Israel and several other were wounded many. As a result of Israel-Palestine War, there were

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