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By Dr. Gyan Pathak Global economic slowdown is most likely to force workers to accept lower quality jobs in place of decent works. It has already adversely impacted the global employment growth which has been faltering, and pressure on decent work has considerably increased. Pressure on decent working conditions are even undermining social justice. It […]

The post Economic Slowdown To Force Workers Into Lower Quality Jobs first appeared on IPA Newspack.

There seems to be no end to the brewing cold war in Congress ruled Rajasthan. Cracks between the Chief Minister Ashok Gehlot and his former deputy Sachin Pilot continues to widen. The two leaders have packed schedules the next couple of days albeit without unity being on the top agenda. CM Ashok Gehlot will lead […]

The post Rajasthan Cong continues to reel under Pilot-Gehlot cold war first appeared on IPA Newspack.

TUNIS: Opposition parties and others angry at Tunisia’s economic crisis and the president’s increasingly authoritarian drift are planning to march through the capital on Saturday to mark 12 years

By Matein Khalid King Dollar that saw a 20% rise in the world’s reserve currency (our currency, your problem) died in late September 2022 and the greenback is now 8% below its high on US dollar index (DXY). All G10 currencies have risen at least 7% against the USD. So its weakness is just not […]

The post Dethronement Of King Dollar Result Of A Sequence Of Events first appeared on IPA Newspack.

The Redress Design Award 2023 global sustainable design competition opens with support from Create Hong Kong and VF Corporation, further cementing Hong Kong as Asia’s creative capital and the region to drive sustainability in the global fashion industry HONG KONG SAR – Media OutReach – 12 January 2023 – Environmental NGO Redress opened the Redress Design Award 2023, the 13th cycle of the world’s largest sustainable fashion […]

By Arun Kumar Shrivastav After months of struggling to bring the economy back in shape, Pakistan is finally close to the moment when its forex reserves will be completely drained and it would start defaulting on payments to its creditors. Its forex reserves currently stand at $5.5 billion which is enough for meeting imports barely […]

The post Acute Food Crisis In Pakistan Reaches Critical Proportion Leading To Anarchy first appeared on IPA Newspack.

By Sushil Kutty Prime Minister Narendra Modi’s virtual speech to the Global South leaders has come in for a degree of praise not expected for a leader under siege in his home country. A large constituency of Indians consider Prime Minister Modi’s nearly nine years in power not worth the calendars they were published in. […]

The post Prime Minister’s Address At Global South Leaders Meet Is Inspirational first appeared on IPA Newspack.

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By Prabhat Patnaik The IMF managing director Kristalina Georgieva has now openly admitted that the year 2023 will witness the slowing down of the world economy to a point where as much as one-third of it will see an actual contraction in gross domestic product. This is because all the three major economic powers in […]

The post Contraction Of GDP In One-Third Of Global Economy In 2023 Is Ominous first appeared on IPA Newspack.

By Dr. Gyan Pathak India would be going downhill for the next two years, if Global Economic Prospect just released by the World Bank is of any indication. GDPs for 2023and 2024 have been revised down to 6.6 per cent and 6.1 per cent respectively, which are below 0.5 and 0.4 per cent compared to […]

The post Economic Slowdown To Haunt India The Next Two Years first appeared on IPA Newspack.

KUALA LUMPUR, MALAYSIA – Media OutReach – 10 January 2023 – The time has arrived for international broker OctaFX’s annual retrospective of events impacting the world economy—compiled towards the year’s end. The year 2022 has been all-around eventful and fateful. Let’s give due diligence to the 10 most important events that affected the financial markets. The year 2022 has been dominated by two major issues: the extreme […]

By Sankar Ray Pakistan – Islamabad camaraderie, built up after the capture of Afghanistan by the Taliban and formation of a new Emirate in Kabul on 15 August 2021, faces a sanguinary breach. A conflictual discontent was simmering ever since the federal government had struck a ceasefire with the Tehrik-e Taliban Pakistan during the regime […]

The post Taliban Regime In Kabul Is In Deep Conflict With The New Pakistani Govt first appeared on IPA Newspack.

By K Raveendran 2023 may well be a year of gold. This is because despite several negatives the yellow metal has outperformed everything else. And with the New Year expected to unravel all that traditionally has worked in favour of gold, this asset class appears to be non-stoppable right now. IMF has warned that a […]

The post Gold Appears To Be Non-Stoppable In Its March Towards A Historical High first appeared on IPA Newspack.

By Prabhat Patnaik India’s current account deficit for the second quarter (July-September) of 2022-23 has reached a massive $36.4 billion which is 4.4 per cent of the gross domestic product, higher than at any time in the last nine years. It is only in October-December 2012 that the absolute level of the current deficit had […]

The post India’s Balance Of Payments Crisis Touches Precarious Level Under Modi Regime first appeared on IPA Newspack.

By Dr. Gyan Pathak South Asia still needs to prepare for the worst since there are increasing signs of geo-economic fragmentations. Expenditure needs to meet the Sustainable Development Goals; equity needs to be improved through labour market and social protection reforms as well as gender policies, appropriate measures needed to mitigate and adapt to climate […]

The post South Asian Economy Needs To Prepare For The Worst first appeared on IPA Newspack.

By Subrata Majumder Concerns have been looming large on the sanctions on Russian oil, which is heading for another major oil shock in the world. Russia is the second biggest exporter of oil in the world. EU is the biggest importer of oil from Russia. EU has prohibited maritime exports of Russian oil and levied […]

The post India’s Oil Purchases From Russia Will Increase Substantially In 2023 first appeared on IPA Newspack.

By Krishna Jha In 1947, when we attained freedom, our dream was to build a country for ourselves without any inequality. There was to be fundamental rights ensured in the Constitution. Directive principles of the state policy in the Constitution promised us all that only a socialist democracy offers. Our preamble says that we, the […]

The post Going Hungry In Modi’s India: A Constitutional Fall From Grace first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 3 January 2023 – Global c-pop star Tia Lee Yu Fen recently released her “Goodbye Princess” music video – and broke records with 100 million views on YouTube in just 19 days. Tia has chosen Teen’s Key in Hong Kong as the first charity to benefit from her global #EmpowerHer campaign. Teen’s Key Hong Kong will be the first of many organisations […]

The European Union and China on Tuesday moved closer to a political standoff over the COVID-19 crisis, with Beijing vehemently rejecting travel restrictions some EU nations have started to impose that could well be expanded in coming days. An EU offer of help, including vaccine donations, was also as good as slapped down, with Beijing […]

The post EU, Beijing on collision course over China’s covid crisis first appeared on IPA Newspack.

By Dr. Gyan Pathak Pledges made by countries in all climate crises summits are really angelic, but what is done is clear dichotomy and hypocrisy, which the world will see in full play in 2023 with rise in production and consumption of coal, the dirtiest of the three fossil fuels – coal, oil, and gas […]

The post Coal Production And Consumption To Make Higher Records In 2023 first appeared on IPA Newspack.

It is “misleading and wrong” to say the Supreme Court has upheld demonetisation, the Congress said on Monday, adding that the majority apex court verdict on the matter deals with the limited issue of the process of decision-making not with its outcomes. The verdict has nothing to say on whether the stated objectives of demonetisation […]

The post Cong says SC has not upheld demonetisation first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 3 January 2023 – With several global crises occupying our daily lives, it’s important to see where we can use technology to solve these hard human problems. Today, we have more access to data from wearables, medical devices, environmental sensors, video capture, and other connected devices than we have had at any point in the past. When combined with cloud […]

WASHINGTON, D.C., US – Media OutReach – 3 January 2023 – Tia Lee Yu Fen, global c-pop singer, actress and fashion icon has kick-started her global #EmpowerHer campaign with a donation to Teen’s Key, a non-profit organisation that supports young women in Hong Kong. Donations to Teen’s Key Hong Kong will boost the organisation’s educational and service operations. Teen’s Key is known for providing holistic treatment for […]

LONDON, UK – Media OutReach – 3 January 2023 – Tia Lee Yu Fen, a global c-pop singer, film and television actress, is a long-time advocate of female empowerment. She is increasing her support for the cause by announcing Teen’s Key Hong Kong as the first organisation to benefit from her global #EmpowerHer charitable campaign. Trusted in Hong Kong for its comprehensive services providing treatment for young […]

OTTAWA, CANADA – Media OutReach – 3 January 2023 – Global c-pop singer and actress Tia Lee Yu Fen has selected Teen’s Key Hong Kong as the first beneficiary of her global #EmpowerHer campaign. Teen’s Key provides holistic treatment for young women in crisis and addresses issues including sexual and reproductive health. Teen’s Key will soon receive a donation to boost their operations supporting young women in […]

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