Recession
Posted inEconomic GD Topics International GD Topics

Recession

It is expected that the world will slip into recession in 2023. Several countries are already on the brink of recession. For example, UK GDP contracted and Bank of America's strategists said the US could fall into a recession in the first quarter of 2023. According to its survey, it was found that 91% of CEOs of top companies expect a recession in 2023.
I2U2
Posted inCurrent Affairs GD Topics International GD Topics

I2U2

I2U2 is a grouping of four countries - India, Israel, the US & UAE. In the first virtual summit of the grouping, UAE announced that it will invest $2 billion to develop a series of integrated food parks across India with the potential help from the US and Israeli companies.