Global Economy

Approximately 10,000 job cuts are expected this week, specifically in the devices business, retail, and HR divisions. Amazon is going to lay off around 10,000 people in corporate and technology jobs expected from this week, it would be the biggest job reduction in the history of Amazon. The figure of job cuts remains fluid and is expected to carry out in a systematic manner rather than at once.  In any case, assuming it stays around 10,000, it would address about 3% of Amazon's corporate workforce and under 1% of its worldwide employees of over 1.5 million, which is principally made out of hourly employees.  Amazon’s planned economizing during the serious holiday shopping period displays how rapidly the turning global economy has put pressure on it to cut businesses that have been poor performing for years. Amazon would likewise turn into the most recent innovation organization to lay off professionals, which as of late it had been battling to hold. Varying business models and...

  The worldwide financial viewpoint is much lower than projected last month, the Global Money related organization IMF said on Sunday, referring to a consistent deterioration in purchasing manager surveys during previous months. It put the more obscure point of view toward fixing money-related arrangements set off by diligently high and broad-based inflation, frail development drive in China, and progressing supply disturbances and food weakness brought about by Russia's attack on Ukraine. The worldwide bank last month cut its worldwide development figure for 2023 to 2.7% from a past estimate of 2.9%. In a blog prepared for a meeting of G20 pioneers in Indonesia, the IMF said late high-recurrence indicators "affirm that the viewpoint is gloomier,", especially in Europe. It said the latest purchasing manager indices that measure manufacturing and services activity flagged shortcomings in most Gathering of 20 significant economies, with economic activities set to d...

  We have been hearing about the Uncertainty regarding inflation growth, recession, and whatnot. The economic growth which was expected after the pandemic has mostly faded away, and the entire global economy is suffering from slow growth and high inflation for quite some time. The predictions say the worst is yet to Come. Well to get a clear picture, we need to look at what is happening. so just two years after the pandemic, the global economy is once again confronted with difficult challenges as growth slowed sharply due to high inflation. Fears of a global recession are growing not only to supply chain constraints but also high oil prices due to the Russia-Ukraine crisis which made things stiffer between 1970 and 2021. The global economy experienced five recessions that were 1975, 1982, 1991, 2009, and during the year 2020. Now in 2022, we might face another one starting with the U.S economy with its' high inflation. This High inflation is now suffocating the U.S economy's g...

Identical things occurred earlier.   After analysing patterns of past happenings one can recognize the cause & effect relationships. One can also pen down principles to understand the different stages of Economic Cycle. In the past people dealt with the stages of Economic cycle wisely in past. Be it a financial crisis or a debt crisis. So I am explaining those stages to you. There are six stages to the cycle. Let me discuss them briefly. Firstly there's the primary part of the cycle where debt is employed to create optimum returns and then it can be managed well, value of asset increases things look great which leads to the arrival of the bubble phase of the cycle.   In the bubble phase people are in a position to generalize the past because asset goes up. People think their assets will continue to rise and they borrow money and they leverage. People in the previous phase did the calculations to see that maybe one won’t be able to sustain excess level of debt growth w...

International monetary fund has cut the world-wide growth projection. In fact it has said that worst is yet to come. This is a flawless indication towards the looming recession that many people are dreading but in all of this there is one bright spot and that is India. According to officials of IMF although India will also be feeling the impact of this Global slowdown it will be a bright spot. Let's take a look at the growth prognoses for India now IMF during last month in its World economic Outlook estimated a growth rate of 6.8 percent in 2022 for India which if we relate it to 2021 it was 8.7 so there is a major cut but paralleled to other countries this is still better.   Now let's look at what 2023 is going to be about for India. Right now the projection the forecast shows that the growth has further slid down and it is at 6.1 percent so when IMF says that worse is Yet to Come it is clearly indicating towards 2023 when a large part of our global economy will be impa...

  The World Bank has put out a dire prediction that affects all of us .It believes that the global economy may fall into a recession next year. These reports are released frequently; they give us a sense or a broad assessment of the global economy while the fears of a global recession are not. Not many experts were optimistic that a soft landing is possible but this latest assessment is now sounding like an alarm we might be getting closer to a Recession. So here now are some quick takeaways from that World Bank report the global economy is facing a steep slowdown something we haven't seen since the 1970s. A series of problems have created this situation high inflation for one supply chain problems tighter market conditions where investments have slowed down these are all contributing to this there are three economies that are dragging growth down in particular the United States China and the Eurozone.   The slowdown there is impacting everyone we all know how we got here. ...