WEF 2020: Trump says phase two of trade deal with China to start soon : Bulletin: Business Today
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WEF 2020: Trump says phase two of trade deal with China to start soon

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January 22, 2020

WEF 2020: India Inc. urges reforms, rallying together to overcome economic gloom

A day after the International Monetary Fund (IMF) said that sharp decline in the Indian economy pulled down the global growth forecasts for 2020, India Inc representatives at Davos said that it was important to look at medium and long term outlook and rally together as a country. In conversation with India Today News Director Rahul Kanwal at the 50th annual meeting of the World Economic Forum (WEF), leading industrialists including Tech Mahindra's CEO CP Gurnani, CII's Director General Chandrajit Banerjee, Kirloskar Systems' Chairman and Managing Director Vikram Kirloskar and Serum's CEO Adar Poonawalla reacted to the IMF claim that falling Indian growth was bringing down global growth.

India grappling with huge trade deficit, particularly with China, says Piyush Goyal

Commerce Minister Piyush Goyal Tuesday said that India is struggling with a massive trade deficit, particularly with China and other countries in the region. Goyal added that the Indian government is exploring ways to ensure just and more equitable terms in terms of its trade relations with several countries.

WEF 2020: Trump says phase two of trade deal with China to start soon

US President Donald Trump on Tuesday hailed trade relations with China, saying negotiations with Beijing on phase two of the trade deal will start shortly. Last week, the world's two biggest economies signed the long-awaited phase one agreement, marking a truce after nearly two years of tensions. "Our relationship with China has probably never been better. We went through a rough patch," Trump said at the World Economic Forum in Davos, Switzerland.

Young climate activist Greta Thunberg slams global leaders on climate crisis

Once again 17-year-old Swedish activist Greta Thunberg lashed out at the global elite for their inaction towards the climate crisis. She warned that while planting trees was good, it was insufficient to avert the climate crisis looming over the world. She urged for a world with zero carbon emissions.

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Also watch:WEF 2020: India Inc reacts to IMF's growth forecast cut


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