Indian
India’s debt ratio projected to be 84 per cent of its GDP: IMF
''In terms of the debt ratio, India right now at the end of 2022,...
Unseasonal rains are impacting small farmers; govt’s crop insurance scheme provides protection: Tomar
Union Agriculture Minister Narendra Singh Tomar According to him,...
Wage Revision: FM clears 12% salary hike with 5-yr arrears for PSU GI industry
Finance minister Nirmala Sitharaman Sources in the industry inform...
Odisha starts prepping for upcoming ‘cyclone season’
''Odisha usually witnesses the wrath of cyclones during the...
International
Britain says expects financial services pact with EU this month
“Monte Carlo Rendez-Vous de Septembre” canceled again due to Covid-19 Pandemic
Natural disasters occurring three times more often than 50 years ago: new FAO report
The least developed and low to middle income countries have fared worst of all. From 2008 to 2018, natural disasters have cost the agricultural sectors of developing economies more than $108 billion in damaged crop and livestock production.
Over the same period, Asia was the most hard-hit region, with overall economic losses of $49 billion, followed by Africa at $30 billion, and Latin America and the Caribbean at $29 billion.
63 nations to see ratings downgrades by 2030 for ignoring climate change
The U.S. is projected to lose 20 per cent of its per-capita gross domestic product by 2050 in a worst-case scenario, with nations closer to the equator or with high-carbon economies even more vulnerable, according to the FTSE Russell report.
Malaysia could see the worst economic hit at 31 per cent. The projections, based on trends of greenhouse-gas emissions and countries’ mitigation efforts, show the risk for investors of long-term bets on sovereign bonds.
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