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Cybercrimes cause losses of $600 billion a year to global economy, says report

Cybercrime losses are greater in richer countries; however, the countries with the greatest losses are mid-tier nations.

Feb 22, 2018, 18:58 PM IST

Lagarde for expeditious quota reforms at IMF

IMF Managing Director Christine Lagarde on Sunday said she agreed with G20 leaders' call for expeditious implementation of the quota and governance reforms at the global financial institution.

Nov 16, 2014, 21:08 PM IST

G20 leaders vow to boost global GDP by over $2 trillion

The statement said that the global economy is being held back by a shortfall in demand, while addressing supply constraints is key to lifting potential growth.

Nov 16, 2014, 13:43 PM IST

Climate policies could lift global GDP by $2.6 trillion/year: World Bank

Global economic output could rise by as much as an additional USD 2.6 trillion a year, or 2.2 percent, by 2030 if government policies improve energy efficiency, waste management and public transport, according to a World Bank report released on Tuesday.

Jun 24, 2014, 12:27 PM IST

G20 vows to boost global GDP by $2 trillion in next 5 years

G-20 members said they would ensure that their comprehensive growth strategies to be presented at the Brisbane Summit outline ambitious, realistic and concrete measures to achieve strong, sustainable and balanced growth.

Apr 12, 2014, 22:25 PM IST

Global economic growth hits 32-month high in October: PMIs

Global economic growth accelerated in October to a 32-month high, bolstered by a solid improvement in new business, a survey showed on Wednesday.

Nov 06, 2013, 23:52 PM IST

World Bank forecasts 2.2% global growth this year

Developing country GDP is now projected to be around 5.1 percent in 2013, strengthening to 5.6 percent and 5. 7 percent in 2014 and 2015, respectively.

Jun 13, 2013, 13:46 PM IST

Govt debts crossed $41 trillion globally in 2010: McKinsey

The total amount of debt incurred by governments across the world jumped to a staggering USD 41.1 trillion last year, accounting for 69 percent of the global GDP, because of stimulus packages and anaemic economic growth, says a report.

Aug 15, 2011, 14:01 PM IST