Indonesia’s clove farmers are facing a severe crisis as rising temperatures and erratic weather patterns slash yields by 40%. the decline threatens both local livelihoods and the global spice market, where Indonesia plays a key role.

Clove yields drop 40% as Indonesian farmers feel the heat

Business & Economy: As the Trump administration tries to negotiate with its trade partners, finance ministers from all over the globe will gather in Washington, D.C., this week for the spring meetings of the IMF and the World Bank.

Tariffs hit global growth outlook

March 11, 2025, marks 5 years since Covid-19 was declared a pandemic, and its economic aftershocks continue to shape the world. Take a look at how the pandemic has reshaped the global economy in this report.

How Covid-19 reshaped the global economy

Asian markets are showing a mixed trend as investors weigh economic uncertainties. So how is oil, gold, US dollar and bitcoin performing? WION tracks these trends for the day.

Global markets around the world

Asian shares were muted in early trade on Tuesday, and the dollar wobbled near two-month lows. On the other hand, European stocks surged to lifetime peaks driven by the prospect of increased defence spending to back up any Ukraine peace deal.

Defence & aerospace stocks gauge surges to a record

We bring you the latest on the global economy, where divergence, uncertainty, and resilience are shaping the landscape in 2025. From the bustling streets of New York to the vibrant markets of India, the global growth story is anything but uniform. So, let’s break it down...

IMF on global economies: Growth at 3.3% for 2025 and 2026

Let's look at WION's global markets and economic health check for this year. First, let's look at how top global markets performed this year. Broadly, crude oil is set to end 2024 with over 5 percent losses, following more than 10 percent crash last year. Bitcoin has surged nearly 130 percent, with the so-called 'Trump trade' boosting the token since his re-election.

WION's Global Economic Health Check

The Mediterranean Sea is facing a growing environmental crisis as more plastic waste continues to accumulate in its waters. Experts warn that this pollution threatens marine life and ecosystems, calling for urgent action to reduce plastic waste and protect the region's delicate environment.



More Plastic Ending Up in the Mediterranean, Raising Environmental Concerns

As we approach the end of 2024... The world is facing an economic crisis driven by the escalating costs of climate-related disasters. From extreme heatwaves to devastating floods, the toll on global productivity is mounting. In this report... We explore the staggering financial impact of climate change and the urgent need for action to protect our future. Take a look...

Climate Change Could Cost Global Economy $38 Tn by 2049: Report

The Mediterranean Sea is facing a growing environmental crisis as more plastic waste continues to accumulate in its waters. Experts warn that this pollution threatens marine life and ecosystems, calling for urgent action to reduce plastic waste and protect the region's delicate environment.

Chinese Premier Li Qiang warned of worsening "deglobalisation" trends straining the world economy. He criticized rising trade barriers and protectionist measures amid weak global growth and uncertainty. Watch for more details!

China Warns 'Deglobalisation' is Straining Global Economy at Summit

Wion’s monthly global economic health check for October

Putin asserts BRICS nations will spearhead global economic growth, challenging Western dominance

Global economy faces hurdles as IMF Chief flags low growth and high debt concerns

Global economy faces dangerous turmoil amid escalating tensions in West Asia

As inflation cools, India’s consumers are seizing the moment. Turning their festive spending into a celebration of lifestyle and ambition. From dream vacations to sleek electronics and luxury cars. India is setting the pace in global consumption.

India's festive demand soars as inflation eases

China's housing market struggles persist: Experts predict prolonged downturn

The government's upcoming budget is expected to prioritise rural demand due to its crucial role in economic growth. As rural areas make up a significant portion of the population, boosting their spending power can drive overall consumption and economic activity. To address this, the budget is anticipated to increase funding for rural schemes.

India budget: How India's budget will impact the global economy

RBI's Financial Stability Report: India's assessment of the global economy

Now, we look at cues to watch this week to see what's shaping the global. Interest rate scenario - just as the group of seven meets in italy to discuss the global economy, inflation-related announcements across the member states will prepare central bankers for June's interest-rate decisions.

What are the cues investors will focus on this week?

The Indian-origin economist said that economies are reevaluating their trading partners based on economic and national security concerns following disruptions such as Covid-19 pandemic and Russia’s invasion of Ukraine. Economists have dubbed this phenomenon 'trade fragmentation'. She said that trade fragmentation is much more costly this time around, compared to the cold war. That's because the goods trade to GDP ration stood at just 16% at the start of the cold war. That ratio now stands at 45%. Higher the ratio, lesser is the trade.

Gita Gopinath: Sanctions risk driving gold rush in China-led bloc

The global economy is experiencing a revision in growth forecasts. The organisation for economic co-operation and development is now predicting a 3.1% growth rate in 2024, a slight improvement on previous estimates.

OECD boosts global growth forecast to 3.2% for 2025

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