WebThe 1991 Indian economic crisis was an economic crisis in India resulting from a balance of payments deficit due to excess reliance on imports and other external factors. [citation needed] India's economic problems started worsening in 1985 as imports swelled, leaving the country in a twin deficit: the Indian trade balance was in deficit at a time when the …

WebNov 04, 2022 · Further, as a result of the pandemic, in early 2021 the United States was suffering its worst economic downturn since the Great Depression. Twenty-four million Americans were unemployed, under ...

WebThe International Crisis Group is an independent, non-profit, non-governmental organisation committed to preventing and resolving deadly conflict ... G20 countries’ positions on the war in Ukraine contrast starkly, yet the conflict raises issues of global concern – economic shocks and nuclear risks – that the leaders cannot pass over in ...

WebApr 14, 2022 · Lebanon is almost three years into an economic and financial crisis that is among the worst the world has seen. Politically, Lebanon heads into parliamentary elections on May 15, which are highly anticipated in light of systemic failures in governance. ... Public finances improved in 2021, paradoxically, as spending collapsed faster than ...