War in Ukraine

War in Ukraine violation of fundamental principle of global order: Italian PM

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War in Ukraine violation of fundamental principle of global order: Italian PM

Prime Minister of Italy Giorgia Meloni speaks during the joint press statement with Prime Minister Narendra Modi (unseen) at the Hyderabad House, in New Delhi on Thursday, March 2, 2023. | Photo Credit: PTI Global interconnection has enabled our economies to grow and flourish but it comes at a cost especially in times of turbulence … Read more

War in Ukraine could halve 2022 global trade growth: WTO

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War in Ukraine could halve 2022 global trade growth: WTO

Russia’s war in Ukraine could almost halve world trade growth this year and drag down global GDP growth too, the World Trade Organization projected Monday. The WTO said that the Russian invasion had not only created a humanitarian crisis of “immense proportions” but had also dealt a “severe blow” to the global economy. The Geneva-based … Read more