India’s elderly population will double and overtake children by 2050

An elderly man collects fresh cherries in a field on the outskirts of Srinagar on 28 May, 2018. Sopa Images | Lightrocket | Getty Images India’s elderly population is predicted to double by 2050 and overtake the number of children in the country, according to the United Nations Population Fund.  The number of people aged … Read more

U.S. readout excludes Canada as Blinken meets India’s top diplomat

Indian External Affairs Minister Subrahmanyam Jaishankar and U.S. Secretary of State Antony Blinken arrive for a photo spray and brief remarks at the U.S. State Department September 28, 2023 in Washington, DC. Drew Angerer | Getty Images News | Getty Images U.S. Secretary of State Antony Blinken met India’s foreign minister Subrahmanyam Jaishankar in Washington … Read more

World’s fastest growing economy Guyana could grow 100% in 5 years

The Demerara River in Guyana, South America. Arterra | Universal Images Group | Getty Images The world’s fastest-growing economy may be on track to grow by more than 100% by 2028, largely fueled by profits from its oil production and export sector, according to one analysis. Guyana, a country in South America with a population … Read more

Spain’s right-wing leader fails in first bid to become prime minister

Alberto Nunez Feijoo, leader of the People’s Party, speaks during a protest rally in Madrid, Spain on Sunday, Sept. 24, 2023. Bloomberg | Bloomberg | Getty Images Spain’s right-wing opposition leader Alberto Núñez Feijóo on Wednesday failed to gain the absolute majority of parliamentary votes needed to become prime minister. Feijóo received 172 votes in … Read more

India suspends visa services for Canadians, demands parity in diplomats

India tourist visa is seen in a passport in Brampton, Ontario, Canada, on March 17, 2022. Nurphoto | Nurphoto | Getty Images India suspended visa applications in Canada on Thursday due to unspecified security threats, while demanding Ottawa reduce its diplomatic staffing in India on grounds of interference in domestic affairs in an escalation of … Read more

BOJ leaves rates unchanged, maintaining ultra-loose monetary policy

An undated editorial photograph combining images of Japanese yen bank notes with stock market indicators. Javier Ghersi | Moment | Getty Images Japan’s central bank maintained its ultra-loose policy and left rates unchanged on Friday, mindful of the “extremely high uncertainties” on the growth outlook domestically and globally. In a policy statement after its September … Read more

Bond expert says Japan hikes could spark a decade of repatriation

The Bank of Japan could be forced into hiking rates sooner than expected if the Japanese yen weakens beyond 150 to the dollar, according to Bob Michele, global head of fixed income at JP Morgan Asset Management. Higher rates could then unwind the yen carry trade and spark a return of Japanese capital to its … Read more

World debt inventory hit a file $307 trillion within the first half of 2023, high commerce physique says

The inventory of world debt rose $10 trillion within the first half of 2023, bringing it to a brand new file excessive of $307 trillion, in keeping with a report by the Institute of Worldwide Finance launched Tuesday. The excessive rate of interest atmosphere seen throughout most economies has despatched the determine hovering, making the … Read more

Germany predicted to be the one main European financial system to contract

A metalworker grinding a peace of metallic is pictured in a forge in Klitten, Germany. Manufacturing exercise has struggled this 12 months. Florian Gaertner | Photothek | Getty Photographs Germany is about for a protracted recession this 12 months — the one main European financial system to expertise an financial contraction throughout 2023, in keeping … Read more

Modi, Biden pledge to deepen India-U.S. partnership

US President Joe Biden (C) and Indian Prime Minister Narendra Modi (2R) arrive for the primary session of the G20 Leaders’ Summit in New Delhi on September 9, 2023. Evan Vucci | Afp | Getty Photos NEW DELHI — Indian Prime Minister Narendra Modi and U.S. President Joe Biden pledged to deepen the partnership between … Read more