Oil prices were little changed on Friday, but headed for a second week of losses as supply concerns driven by conflict in the Middle East eased, while the demand outlook from the world's top crude importer China remained uncertain. Brent crude futures were down 13 cents, or 0.1%, to $86.72 a
Tag: Global economy
IMF cuts growth projections for world in 2023
Two principal economists painted very different pictures Thursday of what the global economy will look like in the coming years. Kristalina Georgieva, managing director of the International Monetary Fund, told an audience at Georgetown University on Thursday that the IMF is once again lowering its projections for global economic growth in
Partners like Bangladesh amid new global economic order: Hungary
Hungarian minister of foreign affairs and trade Peter Szijjarto has said a new world economic order is emerging where success requires partners like Bangladesh. He described Bangladesh as one of the fastest growing economies where he sees a huge opportunity for Hungarian companies in Bangladesh. Foreign minister AK Abdul Momen held bilateral
Covid fallouts, Russia-Ukraine war behind price hike: PM
Prime Minister Sheikh Hasina on Monday blamed the Covid-19 fallouts and Russia-Ukraine war behind the soaring prices. "The prices of essentials have marked a rise not only in Bangladesh but also elsewhere in the world due to the Covid-induced recession in the global economy. That's why the prices have increased in