WorldEconomy Archives - Universal Group Of Institutions
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21Jan 2025

WEF Annual Meeting in Davos Focuses on Growth

Why in the news? The World Economic Forum (WEF) Annual Meeting in Davos, Switzerland (January 20-24) brings together global leaders to discuss issues like inclusive growth, infrastructure investment, and technology democratization, with key Indian political figures attending. Overview of WEF Annual Meeting: The World Economic Forum (WEF) Annual Meeting is held from January 20-24 in …

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15Jan 2025

China’s Record High Trade Surplus Amid Export Surge

Why in the news? China’s trade surplus surged to $992.2 billion in 2024, fueled by strong exports, particularly in high-value sectors like electric vehicles, batteries, and solar panels. This comes as the nation prepares for potential challenges from international trade policies. Key Points: Strong Export Growth: China’s exports in 2024 rose by 9%, reaching $3.58 …

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19Nov 2024

19th G20 Summit Focuses on Hunger and Inequality

Why in the news? The 19th G20 Summit, hosted by Brazil, emphasises launching the “Global Alliance against Hunger and Poverty” to tackle global disparities, with participation from world leaders including PM Modi and Joe Biden. Key Highlights of the Summit: The 19th G20 Summit commenced in Brazil, hosted by President Luiz Inácio Lula da Silva. …

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