Skip to main content

World Economy To Top $100 Trillion In 2022

Women pose for pictures at a shopping mall near the CCTV headquarters and China Zun skyscraper in Beijing

Reuters: World economy to top $100 trillion in 2022 for first time: report 

LONDON (Reuters) - The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy, a report showed on Sunday. 

British consultancy Cebr predicted China will become the world's top economy in dollar terms in 2030, two years later than forecast in last year's World Economic League Table report. 

India looks set to overtake France next year and then Britain in 2023 to regain its place as the world's sixth biggest economy, Cebr said.  

Read more ....  

Update #1: World economy to cross $100tn for the first time in 2022 amid continued recovery -- The National  

Update #2: Global economy to top $100 trillion in 2022 -- RT  

WNU Editor: According to this report. China will surpass the U.S. in 2030 .... Will take China a little longer to overtake US as No. 1 economy: Report (Reuters). India will be the world's third largest economy in 2032 .... India to become 3rd largest economy in 2031, says CEBR (Live mint).



from War News Updates https://ift.tt/341ciD1
via IFTTT

Comments

Popular posts from this blog

US And Russian Chiefs Of Staff Discuss Ukraine In Rare Phone Call

U.S. Chairman of the Joint Chiefs of Staff Gen. Mark Milley (left) and his Russian counterpart Valery Gerasimov (file photo)   The Hill: Milley speaks with Russian counterpart for first time since start of war   Chairman of the Joint Chiefs of Staff Gen. Mark Milley spoke with his Russian counterpart on Thursday, the first such conversation between the two since the Kremlin’s invasion of Ukraine began in late February, according to the Pentagon.  Milley spoke by phone with Valery Gerasimov, chief of the Russian general staff, and they “discussed several security-related issues of concern and agreed to keep the lines of communication open,” Joint Staff spokesperson Col. Dave Butler said in a readout of the conversation.  The Pentagon did not provide further information on the conversation.   Read more ....   WNU Editor: So much for the reports last week that Chief of the General Staff of the Armed Forces of Russia Valery Gerasimov was fired b...

Is Putin's Inner Circle Already In Discussions On Who Is Going To Replace Him?

Russian President Vladimir Putin leads a meeting on economic issues in Moscow on Monday. (Alexei Nikolsky, Sputnik, Kremlin Pool Photo via AP)   Daily Beast: Putin’s Own Men Are Already Discussing Who Will Replace Him   Three months into Vladimir Putin’s bloody “special operation” in Ukraine, his own men in the Kremlin are reportedly discussing who will replace him.  That’s according to new reporting by the independent news outlet Meduza, which cited several sources close to the Russian presidential administration who said officials are increasingly fed up with Putin personally.  Some of Putin’s own allies within the Kremlin walls have reportedly floated the idea of Moscow Mayor Sergei Sobyanin becoming his successor, or former President Dmitry Medvedev, who is now the deputy chairman of the Security Council. Sergei Kirienko, the first deputy chief of staff of the presidential administration, was also said to have been discussed as a contender.   Read mor...

China's shipyard CSSC launches 1st Pakistani Hangor class submarine PNS Hangor

  According to information published by the Pakistani MoD on April 26, 2024, the Hangor class submarine PNS Hangor was launched by the Chinese shipyard CSSC. This submarine is a part of the Hangor-class, which itself is based on the Yuan-class Type 039B submarines provided by China. Read full news at this link Hangor class submarine PNS Hangor. (Picture source: Pakistani MoD) Read more from World Defence News https://ift.tt/dgQWhs7 via IFTTT