US metal manufacturers urge President Biden to drop Section 232 tariffs on steel and aluminium

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The Coalition of American Metal Manufacturers and Users (CAMMU) sent a letter to President Joe Biden requesting the immediate termination of the Section 232 tariffs on steel and aluminum, stating that the tariffs imposed under former President Donald Trump have damaged metals consuming industries. The group said it was pleased to see Biden’s executive order […]

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WEEKLY WRAP UP- Post Covid, a new world order emergeth: Modi

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The Group of 20 major economies need to focus on broad-based vaccine rollouts and consider all financing options for deeply distressed countries, including an allocation of International Monetary Fund Special Drawing Rights (SDRs), IMF’s chief economist Gita Gopinath said. She also called for additional for poor countries who could “barely spend during this pandemic” and […]

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Weekly Wrap – Dilemma between lives and livelihood

The annual Economic Survey released on Friday India’s by India’s finance ministry was the highlight of the week. Quoting profusely from Nobel laureates and economists from all across the world, India’s Chief Economic Advisor Krishnamurthy V. Subramanian highlighted the crisis that the country faced in mitigating the Covid-19 pandemic crisis. However, the dilemma between lives […]

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WEEKLY WRAP-UP – Economic disparity post-pandemic not sustainable

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The new COVID-19 surge remains a near-term threat to the economic recovery. But over the course of the last 10 months, the economy has turned out to be more resilient in adapting to the virus and more responsive to monetary and fiscal policy support than many predicted. The development of several effective vaccines indicates that […]

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