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WASHINGTON, US:The leaders of the world’s largest economies will gather this weekend in New Delhi, India, for the G20 summit. The meeting comes at a complex time for the grouping, which is one of the rare venues where Russian, Chinese, American and European leaders have to rub shoulders each year.

NEW YORK, U.S.-The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published on Tuesday, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections.

KUALA LUMPUR, Malaysia-PSM is disgusted by the lackadaisical response from the Deputy Minister of International Trade and Industry YB Liew Chin Tong, who deliberately downplayed the adverse impacts of the CPTPP agreement in Parliament yesterday.  

MICHIGAN, U.S.-The celebration of the beginning of the New Year will be brief. The old year has passed into history, but its crises persist and will intensify. As 2023 begins, the COVID-19 pandemic is entering its fourth year with no end in sight. The US-NATO war against Russia continues to escalate. 

BEIJING, China-As thousands of political, economic and social leaders from around the world gather in the Swiss resort of Davos for the annual conference of the World Economic Forum (WEF), which kicked off in person on Monday for the first time since the COVID-19 pandemic broke out three years ago, a slew of challenges confronts the global economy, including high inflation, geopolitical tensions, as well as an escalating assault led by the US on the economic globalization agenda that Davos epitomizes.

WASHINGTON, U.S.--The 27th United Nations conference on climate change, or COP27, meeting in Egypt, has seen two realities take hold among delegates: The goal of keeping the overall rise of global temperatures below 1.5 degrees by 2100 has almost certainly been lost; for preventing this requires cuts in emissions of 45 percent by 2030 — hardly a feasible prospect.

KUALA LUMPUR, Malaysia--The ringgit has fallen to its lowest value since the Asian financial crisis. The reaction from the opposition has been one of frustration and panic, raging against the finance minister.