Google News

Content Authenticity Initiative


May 19, 2022

Global Survey Comparing University Mindsets and Student Expectations Identifies Critical Shifts in the Learner Experience

Global Anthology research study reveals accessibility barriers and technology needs in higher education.

Global university survey

BOCA RATON, Fla., May 17, 2022 — Anthology, a leading provider of education solutions that support the entire learner lifecycle, today announced the results of its 2022 global research study: Comparing Global University Mindsets and Student Expectations. The study surveyed more than 5,000 higher education leaders and current students from countries worldwide, including the United States, Australia, Brazil, Colombia, India, Japan, Spain, Saudi Arabia, South Africa, and the United Kingdom.

Findings revealed that student expectations following the pandemic do not fully align with what university leaders envision for the future, indicating an opportunity for higher education institutions to adjust to the learner experience to support better outcomes.

“As universities continue to drive digital transformation, they face new hurdles around everything from course delivery and support services to accessibility and how they equip their students and staff with technology,” said Jim Milton, Chairman and CEO at Anthology. “We believe that technology plays a vital role in shaping the future of higher education across the globe, and results from this study validate that viewpoint as leaders consider the impact of technology and data on the overall student experience.”

• Financial Barriers and Lack of Technology Access

Outside the pandemic, the economy continues to have the most significant impact on learners across all regions (73 percent), followed by a lack of access to technology (35 percent). Lack of technology access was significantly higher in the Middle East and Africa, where 54 percent of students indicated this was a challenge. University leaders in most regions are mainly in sync with these challenges. Still, only 30 percent of higher education leaders in the Middle East and Africa felt that technology access was a concern for their students, indicating a discrepancy between their perception and the student experience.

• Hybrid Instruction for the Foreseeable Future

More than 80 percent of students globally now prefer that at least some of their courses or instructional meetings take place online. As a result, leaders are moving their universities in the right direction, with more than a third (38 percent) indicating that a mix of online and in-person course delivery would be the model at their institution by 2025, increasing from 16 percent currently.

Nearly a quarter of North American leaders (24 percent) stated that courses would still be offered in an entirely in-person format by 2025 - a significantly higher percentage than any other region. The highest percentage of students interested in fully asynchronous courses were from North America, representing the most significant gap compared to student preferences for how classes are offered.

• Investing in Holistic Technology

Learners globally want - and expect - technology to be more prevalent in their higher education experience. University leaders agree, with 60 percent stating that their university currently lacks the appropriate digital learning tools to help students succeed. While only 26 percent of university leaders have significantly increased the number of digital learning tools utilized over the past two years, more than half are considering additional technology investments.

The majority (94 percent) of university leaders agree that a holistic view of learner data pulled across multiple systems would benefit their team and help more students achieve their goals. The same percentage indicates that their university is actively looking for new opportunities to aggregate and analyze data to drive more insights, ultimately seeking to use data to help improve outcomes for student populations through personalization.

Anthology partnered with Thrive Analytics to execute its 2022 survey, Comparing Global University Mindsets and Student Expectations. The survey targeted student respondents currently enrolled at a higher education institution pursuing a degree or diploma. University leader respondents are senior leaders (Dean, Provost, Rector, etc.) at a higher education institution. In total, 2,572 current university leaders and 2,725 students completed the survey.

“Anthology” offers the largest EdTech ecosystem globally for education, recently combining with Blackboard to support more than 150 million users in 80 countries.

Source: Anthology

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 1:47 AM | View the original post

May 18, 2022

French actor Vincent Lindon is the President of the Jury of the 75th Festival de Cannes.

View this post on Instagram

A post shared by Festival de Cannes (@festivaldecannes)

75th Festival de Cannes Jury members.

View this post on Instagram

A post shared by Deepika Padukone (@deepikapadukone)

Cannes 2022 Deepika

Photo: 75th Festival de Cannes Jury member, Deepika Padukone. Source: Instagram.

Cannes, France, May 18, 2022 — French actor Vincent Lindon will be the 75th Festival de Cannes Jury president. Together with eight jury members, the actor who won Best Actor in 2015 will present the Palme d’Or to one of the 21 films in competition on Saturday, May 28, during the closing ceremony, to be broadcast live by France Télévisions and Brut.

• The Jury

Vincent Lindon - President

Rebecca Hall
Actress, producer, screenwriter, director
United Kingdom / United States

Deepika Padukone
Actress, producer

Noomi Rapace

Jasmine Trinca
Actress, director

Asghar Farhadi
Director, producer, screenwriter

Ladj Ly
Director, screenwriter, actor, producer

Jeff Nichols
Director, screenwriter
United States

Joachim Trier
Director, screenwriter

Source: Cannes Film Festival

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 10:58 AM | View the original post

May 15, 2022

U.S. Postal Service honors Illustrator Shel Silverstein and Cartoonist Charles M. Schulz

US Postal Service

WASHINGTON, May 14, 2022 — The U.S. Postal Service has announced several new stamps.

The Shel Silverstein Forever stamp — featuring artwork from one of his most famous books, “The Giving Tree” — was dedicated at Darwin Elementary, one of the schools he attended as a child.

The extraordinarily versatile Silverstein (1930-1999) was one of the 20th century’s most imaginative authors and illustrators.

Silverstein’s “The Giving Tree,” published in 1964 by Harper & Row, is about a friendship between a motherly tree and a boy. As the child grows older, the tree gives him its shade, apples, branches, and trunk. The story ends with the boy returning as a grown-up man to rest against the tree’s stump. The bestselling tale of selflessness, accompanied by the author’s elegantly simple black-and-white illustrations, is considered a classic of children’s literature.

US Postal Service


Other new stamps salute the centennial of cartoonist Charles M. Schulz (1922-2000), whose “Peanuts” characters are some of the best known and most beloved in all of American culture. Schulz alone wrote and drew nearly 18,000 strips for five decades. Each character reflects Schulz’s rich imagination and great humanity.

In a celebratory mode, characters from “Peanuts” adorn ten designs on this pane of 20 stamps and form a frame around a 1987 photograph of Schulz.

Art director Greg Breeding designed the stamps from Schulz’s artwork and an existing photograph by Douglas Kirkland.

Source: U.S. Postal Service

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 11:13 AM | View the original post

University Grants Commission (UGC) India tells Higher Education Institutions to award Degrees within the Prescribed Timeline or face Punitive Action. (Updated)


UGC, India, Universities

New Delhi, April 08, 2022 — University Grants Commission (UGC) has addressed a communication to the Vice-Chancellors of all Universities and Principals of all Colleges concerning “Compliance of UGC (Grant of Degrees and other Awards by Universities) Regulations 2008”.

UGC has stated that delay in the issue of degrees, mark sheets, and other certificates causes problems for students seeking employment or further higher education. After completing a program successfully, getting a degree in time is an “inviolable privilege of a student.” Therefore, Stipulation 4-4 of the UGC (Grant of Degrees and other Awards by Universities) Regulations 2008 mandates that:

“The Degree award date/s shall be within 180 days of the date/s by which the students are expected to qualify and become eligible for them.”

Consequently, UGC has asked all HEIs to comply with the UGC regulations and award the degrees to successful candidates within the prescribed timeline. Otherwise, it will be constrained to take punitive actions per Regulation 9 of the UGC (Grievance Redressal) Regulation 2012 against the universities failing to follow the UGC rules on the award of degrees, the Commission has warned.

Source: UGC


UGC, India, Universities


New Delhi, April 22, 2022.

— UGC has, for the year 2022-23, allotted distinct Programs to its “Human Resource Development Centres” (HRDCs) located at the following universities: —


  • Andhra University, Waltair, Vishakhapatnam-530 003
  • University of Hyderabad, Hyderabad - 500 046
  • Osmania University, Hyderabad -500 007
  • Sri Venkateshwara University, Tirupati - 517 502
  • Jawaharlal Nehru Technological University, Hyderabad -500072
  • Maulana Azad National Urdu University, Hyderabad -500 032


  • Gauhati University, Gopinath Bardoloi Nagar Guwahati - 781014


  • B.R.A. Bihar University,Muzaffarpur,Bihar -842 001
  • Patna University, Bari Path,Dariyapur,Patna - 800 004 (Bihar)


  • Pt. Ravishankar Shukla University, Raipur - 492 010
  • Guru Ghasidas University GGU Campus,Bilaspur - 495 009


  • University of Delhi, Delhi -110007
  • Jamia Millia Islamia, New Delhi - 110025
  • Jawaharlal Nehru University,New Delhi - 110 067


  • Goa University, Teleigao Plateau, P.O. Bambolim, Goa - 403 202


  • Gujarat University,Nairangpura,Ahmedabad - 300 009
  • Saurashtra University,University Road,Rajkot - 360 005
  • Sardal Patel University Vallabh Vidyanagar - 388 120


  • Kurukshetra University,Kurukshetra - 132 119
  • BPS Mahila Vishwavidyalaya, Khanpur Kalan, Sonipat
  • Guru Jambheswar University of Science & Technology Hisar - 125 001


  • Himachal Pradesh University, Shimla - 171 005 (H.P.)


  • Ranchi University, Morabadi Campus, Ranchi - 834 008


  • University of Jammu, Jammu-180 006
  • University of Kashmir, Hazarat Bal, Srinagar - 190 006


  • Bangalore University, Jnana Bharathi, Bangalore - 560 056
  • Karnatak University, Pavati Nagar, Dharwad - 580 003
  • University of Mysore, Mysore - 670 005


  • University of Calicut, Calicut - 673 535
  • The University of Kerala, Guest House Building, Kariavattom - 695 581
  • Kannur University, Mangattuparamba Kannur - 670 567


  • Devi Ahilya Vishwavidyalaya, Takshila Parisar, Khandwa Road, Indore - 452 001
  • Dr. H.S. Gour Vishwavidyalaya, Sagar - 470 003
  • Rani Durgawati vishwavidyalaya, Jabalpur - 482 001
  • Laxmibai National Institute of Physical Education, Shaktinagar, Gwalior - 474 002.


  • Dr. B.A. Marathwada University, Aurangabad - 431 004 (M.S.)
  • University of Mumbai, Vidya Nagari, Mumbai - 400 098
  • Nagpur University, Amba Vihar,South Ambazari Road, Nagpur - 400 022.
  • University of Pune, Ganesh Khind, Pune - 411 007
  • Sant Gadge Baba Amravati University, Amravati - 444 602


  • Manipur University, Canchipur , Imphal - 795 003


  • North-Eastern Hill University, P.O. NEHU Campus, Mawkynroh Umshing, Shillong - 793 022


  • Mizoram University, Post Box No. 190, Aizawl


  • Utkal University, Vani Vihar, Bhubaneshwar - 751 004
  • Sambalpur University, Jyoti Vihar, Sambalpur - 768 019


  • Pondicherry University, Lawspet, Puducherry - 605 008.


  • Guru Nanak Dev University, Amritsar - 143 005
  • Panjab University, Chandigarh - 160 014
  • Punjabi University, Patiala - 147 002


  • Jai Narayan Vyas University, Jodhpur - 342 001
  • University of Rajasthan, Jaipur - 302 004 (Rajasthan)
  • Maharshi Dayanand Saraswati University, Ajmer - 305 001


  • Bharathiar University, Coimbatore - 641 045
  • Bharathidasan University, Tiruchirapalli -620 023
  • University of Madras, Centenary Building, Chepauk, Chennai - 500 005
  • Madurai Kamaraj University,Palkalai Nagar, Madurai - 625 021


  • Aligarh Muslim University, Aligarh - 202 001
  • University of Allahabad, Allahabad - 211 002
  • Banaras Hindu University, Varanasi -221 005
  • D.D.U. Gorakhpur University, Gorakhpur -273 009
  • University of Lucknow, Lucknow-226 007


  • Kumaun University, Nainital - 263 001


  • University of Burdwan, Burdwan - 713 104
  • University of Calcutta, 92, A.P. Chandra Road, Calcutta- 700 009.
  • Jadavpur University, Calcutta - 700 032
  • North Bengal University Siliguri, Darjeeling - 734 013

Source: UGC



April 22, 2022

• UGC (University Grants Commission) and AICTE (All India Council for Technical Education) have jointly issued the following Public Notice:


• The following notification, however, ridicules the above UGC AICTE Public Notice.

• According to it, Graduates of the University of the Punjab, Lahore, Pakistan, are eligible to enroll and vote in the Panjab University Chandigarh, India, Senate Elections !!!


UGC, India, Universities


May 5, 2022

• UGC notifies Regulations for Academic Collaboration between Indian and Foreign Higher Educational Institutions for offering Twinning, Joint Degree, and Dual Degree Programs.

New Delhi, May 5, 2022 — University Grants Commission has notified the University Grants Commission (Academic Collaboration between Indian and Foreign Higher Educational Institutions to offer Twinning, Joint Degree and Dual Degree Programmes) Regulations, 2022 in the Official Gazette.

“These Regulations shall promote enhanced academic collaboration with foreign higher educational institutions leading towards academic and research excellence in the Indian higher educational institutions,” UGC communicated to the Vice-Chancellors of all universities. “It is expected that academic and research collaboration and mobility of students and faculty through joint degree and dual degree programs will be highly beneficial for the Indian higher educational institutions to achieve higher global rankings,” UGC said.

All the eligible Indian Universities may now engage in academic collaboration with foreign higher educational institutions as per the provisions of the Regulations, 2022, the communication stated.

However, the Indian and Foreign Higher Educational Institutions shall be eligible to offer Twinning, Joint Degree, and Dual Degree programs under these regulations, provided they fulfill the specific eligibility criteria.

For example, to be eligible, the Indian Higher Educational Institution should be accredited by the National Assessment and Accreditation Council (NAAC) with a minimum score of 3.01 on a 4-point scale.

Or, it should figure in the top 1000 of Times Higher Education or QS World University ranking at the time of application.

Or, it should figure in the top 100 in the university category of the National Institutional Ranking Framework (NIRF) at the time of application.

A Foreign Higher Educational Institution would be eligible to collaborate if it figures in the top 1000 in Times Higher Education or QS World University ranking.

Source: UGC



May 14, 2022

— UGC Invitation for Applications from ELIGIBLE Higher Educational Institutions (HEIs) for Recognition to offer programs under Open and Distance Learning (ODL) from 2022-23. —

UGC,ODL Notice

Source: UGC

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 4:54 AM | View the original post

May 14, 2022

Camila Cabello to headline Show-Stopping UEFA Champions Final Opening Ceremony Presented by Pepsi

- Grammy Award-Nominated, Multi-Platinum, and Chart-Topping Singer/Songwriter will take to Pepsi Stage live in Paris on May 28 ahead of the World’s most watched Annual Sporting Event.

Pepsi Camila Cabello

NEW YORK, May 14, 2022 — UEFA and Pepsi have revealed that GRAMMY Award-nominated, multi-platinum, and chart-topping singer/songwriter Camila Cabello will headline this year’s UEFA Champions League Final Opening Ceremony presented by Pepsi. The Opening Ceremony will see the ‘Bam Bam’ ‘Senorita,’ and ‘Havana’ hitmaker takes center stage to kick off one of the World’s most significant sporting events and bring the energy and atmosphere of the UEFA Champions League final to millions of viewers tuning in around the World.

The 5-minute performance would be a breath-taking carnival-themed celebration, brought to life through a stunning display of costumes, dancers, and musicians, choreographed to deliver a high-energy spectacular to fans in the stadium and at home, live from the Stade de France in Paris on Saturday, May 28. The Opening Ceremony production will see her perform a medley of her chart-topping hits alongside new releases from the highly-acclaimed third studio album ‘Familia.’

Camila Cabello commented: “I’m so excited to be taking to the stage at the UEFA Champions League final in Paris this month! I intend on putting on an amazing show, bringing together the spirit of my Latin heritage and a feeling of togetherness for sports and music fans all over the World - I can’t wait!”

To announce Camila’s performance at the UEFA Champions League final, Pepsi shared a short video via its YouTube channel, showing what fans can expect in Paris. In the clip, playful animations and floral patterns surround Camila taking inspiration from the iconic Oaxaca carnival in Mexico. The vibrant colors channel the feeling of togetherness and celebrate people of all walks of life coming together, showcasing how the power of music and sport can unite people all around the World.

Pepsi’s Global Marketing Vice President, Eric Melis, said: “Pepsi has been working with UEFA to build the Opening Ceremony platform since 2016. We’re delighted to be returning to live stadium shows and bringing Camila Cabello to the stage this year. Pepsi has a long and rich heritage in entertainment. This year’s show will not disappoint as we bring Camila’s Latina spirit elements to one of the most anticipated sporting events of the year.”

Each year, the Opening Ceremony sees some of the hottest music artists in the World put on an electrifying, show-stopping performance that brings enormous buzz to the UEFA Champions League final in true Pepsi style. The 2022 Opening Ceremony is no different and will be running across the international Pepsi trademark, including Pepsi, Pepsi Black / MAX, and Diet Pepsi.

UEFA marketing director Guy-Laurent Epstein commented: “We are excited to be collaborating with our long-standing partners at Pepsi for yet another highly entertaining Opening Ceremony performance at the 2022 UEFA Champions League final. These events always provide the ultimate cross-pollination of sport and music, which we know fans love to watch - and Pepsi is the perfect partner to help us do that. We know that Camila Cabello is one of the World’s most popular artists, and she will help us build on our fans’ excitement for the Opening Ceremony performance with a show football fans will never forget.”

This year’s UEFA Champions League final Opening Ceremony performance will air in over 200 countries and territories around the World, just minutes before the biggest game in European club football gets underway.

Source: PepsiCo

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 3:48 AM | View the original post

May 10, 2022

Movie celebrities from across India to walk Red Carpet along with Shri Anurag Thakur at Cannes.

• A.R. Rahman, Shekhar Kapur, Akshay Kumar, and Ricky Kej are among the celebs on Red Carpet

Cannes Film Festival

Photo: The Union Minister for Information & Broadcasting, Youth Affairs and Sports, Shri Anurag Singh Thakur, announcing that India will be the official Country of Honour at the upcoming Marche’ Du Film, organized alongside the 75th edition of Cannes Film Festival in France, in New Delhi.

New Delhi, May 10, 2022 — Red Carpet Event at the 75th Cannes Film Festival is going to be a gala event for the Indian audience as celebrities from the cine world across India are set to walk the Red Carpet as part of the Indian delegation on the opening day of Cannes Film Festival 2022 on May 17, 2022.

Union Minister for Information and Broadcasting Shri Anurag Thakur will lead the delegation from India to Cannes. The list of celebrities comprises stars from the film and music industries across India. The panel will contain the following celebrities:

  • Mr. Akshay Kumar (Actor and Producer, Bollywood)
  • Mr. A. R. Rahman (International Music Composer)
  • Mr. Mame Khan (Folk Music Composer, Singer)
  • Mr. Nawazuddin Siddiqui (Actor, Bollywood)
  • Ms. Nayanthara (Actress, Malayalam, Tamil)
  • Ms. Pooja Hegde (Actress, Hindi, Telugu)
  • Mr. Prasoon Joshi (Chairman, CBFC)
  • Mr. R. Madhavan (Actor & Producer), World Premier of Rocketry at Cannes
  • Mr. Ricky Kej (Music Composer)
  • Mr. Shekhar Kapur (Filmmaker)
  • Ms. Tamannaah Bhatia (Actress, Hindi, Telugu, Tamil Films)
  • Ms. Vani Tripathi (Actor)

This year, the intent is to showcase the rich flavor and diversity of India - culture, heritage, legacy, and developments through its cinema. The Ministry has hand-picked the delegation from across the length and breadth of the country to represent different strengths and aspects of the nation.

Notably, India is the Official Country of Honour at Cannes Film Market (Marché du Film) in this edition of the festival. It is the first time this honor has been bestowed on any country and comes when India celebrates its Azadi ka Amrit Mahotsav. In addition, India and France are also celebrating 75 years of diplomatic relations this year.

Source: Ministry of Information & Broadcasting

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 11:53 AM | View the original post

May 9, 2022

India Ministry of Education takes steps toward the formulation of the Higher Education Commission of India (HECI)

Higher Education, India

Photo: Dharmendra Pradhan chairs a meeting on the formulation of HECI in New Delhi.

New Delhi, May 09, 2022 — Union Education and Skill Development Minister Dharmendra Pradhan today had an extensive consultation on taking further steps to formulate the Higher Education Commission of India (HECI).

Mr. Pradhan said that HECI should ensure employability, job creation, and a global outlook during the meeting. He added that it should ensure international academic standards and provide more academic autonomy to higher education institutions.

He further said that this critical recommendation of NEP-2020 will be one of the many steps in the direction of decolonization of the education system of the country.

The Higher Education Commission of India (HECI) would be an overarching umbrella for the guidance of all the higher education institutions in the country.

Source: Ministry of Education

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 4:47 PM | View the original post

Lamborghini Squadra Corse secures first British GT win of the season in Silverstone 500

- Barwell’s Sandy Mitchell and Adam Balon ensure a third successive victory in a three-hour event.


Photo: Lamborghini Squadra Corse secures the first British GT win of the season in Silverstone 500.

Silverstone, UK, May 8, 2022 - Barwell Motorsport’s Sandy Mitchell and Adam Balon delivered Lamborghini Squadra Corse’s first victory in the British GT Championship season with a measured drive under heavy pressure during the three-hour Silverstone 500. Factory Driver Mitchell had helped the #72 Lamborghini Huracán GT3 EVO take pole position on Saturday before coming out on top by just under a second at the end of the opening endurance event of the year.

After two sprint races to kick off the season at Oulton Park, the field moved to the Home of British Motorsport for the first long-distance meeting of the year. Mitchell and Balon began the weekend strongly in Saturday’s free practice sessions, setting the seventh quickest time in the morning before topping the times in the afternoon FP2.

The leading pair of Lamborghinis had opened a healthy margin over the chasing pack, with Balon hanging onto the pace of Malykhin. Balon then moved back into the race lead as Malykhin made his first pit stop after the half-hour marker. Mitchell took over the reins of the #72 Huracán after Balon - who become embroiled in a lively battle with the McLaren of Morgan Tillbrook - made his first stop 15 minutes later.

With Mitchell at the wheel, the Barwell Motorsport car established a lead of just under five seconds, which extended by another second by the time Balon got back behind the wheel for his second stint. Mitchell was back in for the final 45 minutes, in which he maintained a diminishing advantage over another McLaren - with Marvin Kirchhofer in the car.

Despite it coming down to as little as two-tenths of a second in the closing stages, Mitchell controlled the lead to take a deserved victory at the finish, ensuring Lamborghini’s third successive win in the Silverstone endurance event.

Source: Lamborghini


HIGHLIGHTS | Silverstone 500 | Intelligent Money British GT Championship StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 1:43 PM | View the original post

May 7, 2022

Vice President of India, M. Venkaiah Naidu, inaugurates International Conference on Environmental Diversity and Environmental Jurisprudence at Chandigarh University.

Chandigarh University

Chandigarh University

Photo: The Vice President, M. Venkaiah Naidu, released the Annual Report of Chandigarh University in Mohali on May 7, 2022.

Chandigarh University

Photo: The Vice President, M. Venkaiah Naidu, at the inauguration of the International Conference on Environmental Diversity and Environmental Jurisprudence at Chandigarh University in Mohali on May 7, 2022.

Chandigarh, May 07, 2022 — Today, the Vice President of India, M. Venkaiah Naidu, called for ‘collective action’ from people and enabling policies to limit the impact of climate change. “To be able to achieve the 1.5°C global warming limit, we must aim at both macro-level systemic changes as well as micro-level lifestyle choices. Therefore, we need a people’s movement for environmental protection”, he said.

Mr. Naidu called for weighty introspection and bold actions to mitigate the reality of increasing extreme events and diminishing biodiversity. But, he said, “it is not only the duty of the government to deliberate, but it is also the duty of every citizen and human being on earth to save this planet.”

The vice president inaugurated the International Conference on Environmental Diversity and Environmental Jurisprudence at Chandigarh University, Mohali. Addressing the gathering, Mr. Naidu stressed that India has always led the world in climate action. He reiterated India’s commitment to fulfilling the ambitious national targets set by Prime Minister Narendra Modi at the recent COP26 Summit in Glasgow.

Mr. Naidu recalled that people in villages came together to protect the adjacent forests and repair ponds and canals in earlier times. “What we need today is a change in people’s mindset. Unless environmental protection becomes a people’s movement, our future is bleak.”

Stressing the need to reverse the dangerous trend of exploiting nature, Mr. Naidu appealed to lawmakers to take cognizance of the situation and make legislations that maintain a delicate balance between ecology and economy.

Emphasizing the importance of such international conferences, Mr. Naidu said that “we have to learn from each other globally and adopt best practices worldwide.” He appreciated Chandigarh University for its initiative and hoped the conference would open a new chapter in environmental protection in the country.

Source: Vice President’s Secretariat

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 12:40 PM | View the original post

May 6, 2022

Vice President Naidu inaugurates the Centenary Celebrations of Delhi University; Releases Centenary Commemorative Stamp & Centenary Commemorative Coin. (Updated)

Delhi University

Photo: The Vice President of India, M. Venkaiah Naidu, at the inauguration of the centenary celebrations of the University of Delhi on its 100th Foundation Day, in New Delhi on May 01, 2022. Mr. Naidu released the Delhi University Centenary Commemorative Stamp issued by the Department of Posts. On his right is Mr. Dharmendra Pradhan, Union Minister of Education.

New Delhi, May 4, 2022 — The Vice President of India, Mr. M. Venkaiah Naidu, inaugurated the Centenary celebrations of the Delhi University.

Mr. Naidu reminded the gathering that ancient India had enjoyed the reputation of being a “Vishwa Guru” and was a renowned cradle of culture. He said reputed centers of knowledge, among the earliest known to humanity, like the universities of Nalanda, Takshashila, Vikramshila, Vallabhi, and Odantapuri, bear ample testimony to this fact. Mr. Naidu remarked that his deep-seated wish is to see Indian Universities ranked among the top. He asked all stakeholders to work with this aim in mind.

He emphasized that Universities must come out with innovative ideas to address the pressing problems of society. He added that the ultimate aim of the research should be to make people’s lives more comfortable and happier.

The Vice President also released the Delhi University Centenary Commemorative Stamp, Commemorative Coin, and Commemorative Book.

Mr. Dharmendra Pradhan, Union Minister of Education, Prof. Yogesh Singh, Vice-Chancellor of Delhi University, and other dignitaries attended the event.

The University Grants Commission has recognized Delhi University as an Institute of Eminence.

Source: Vice President’s Secretariat



May 6, 2022

• Vice President Naidu asks Panjab University to Move Away from Mediocrity and follow Guru Nanak’s Teachings, Calls upon All Universities to maintain Peace on Campuses, and Focus Attention on Academic Excellence.

Vice President Naidu

Photo: The Vice President, M. Venkaiah Naidu, at the convocation ceremony of Panjab University in Chandigarh on May 06, 2022.

Chandigarh, May 6, 2022 — Today, the Vice President, M. Venkaiah Naidu, emphasized the need for Universities to accord greater importance to implementable patents under Intellectual Property rights to give a fillip to the economy and industry. In addition, he termed it necessary to strengthen industry-institute linkages for better research outcomes.

Addressing the 69th Convocation ceremony of Panjab University in Chandigarh today, the Vice President said that we should move away from mediocrity.

Calling for making good quality education accessible and affordable to all, the Vice President wanted such education to positively transform an individual’s outlook, societal cohesion, and inclusive national development.

Mr. Naidu emphasized that education should transform how we look at the planet and interact with fellow human beings. He said that we should illuminate our life by the five virtues of Guru Nanak, namely - Sat (honest, truthful behavior), Santokh (contentment), Daya (compassion), Nimrata (humility), and Pyaar (love of humanity, love of divinity). I hope these principles will continue to inspire us to be better human beings, he added.

Terming peace a prerequisite for progress, Mr. Naidu called upon all universities to see that they maintain stability on campuses and focus attention on academic excellence. Emphasizing the importance of cohesion and harmony in society, he said that we should teach these values to the students from a young age in our schools. “There should be no place for caste, creed, religion, and gender divisions in the 21st century. We all belong to one country, India,” he said.

Source: Vice President’s Secretariat

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 12:32 PM | View the original post

May 5, 2022

Baruch College offers New York State's First Doctor of Business Administration Degree.

- Zicklin School of Business Program Trains Senior Executives to “Be the Doctor in the Boardroom”

Baruch College, New York

NEW YORK, May 4, 2022 — Baruch College’s Zicklin School of Business is the first institution in New York State authorized to award the Doctor of Business Administration (DBA) Degree. Zicklin’s DBA Program is one of the school’s impressive professional and executive degree offerings for business executives and corporate leaders.

According to Fenwick Huss, Willem Kooyker Dean of the Zicklin School of Business, “The DBA Program exemplifies Zicklin’s commitment to delivering relevant, academically rigorous business education that is world-class in both quality and reputation.”

The program’s faculty have developed a unique, multidisciplinary curriculum that employs a wide range of traditional and cutting-edge research methodologies to address the critical business issues of the day.

The DBA is the premier terminal degree for practical and applied business problems, both in the United States and worldwide. The three-year doctoral program is designed for senior executives with seven or more years of executive experience who seek empirical knowledge and research experience at the doctoral level. Graduates will gain skills needed to thrive in the C-suite, broaden their opportunities as consultants, and enter the college classroom as clinical professors. This program complements Baruch’s traditional Ph.D. program in Business, which focuses on developing research scholarship and training for career paths in academia.

Baruch College provides students with the skills, knowledge, and perspectives to pursue their aspirations in today’s global environment. Baruch is among the USA’s top public colleges for academic excellence, affordability, student success, and value.

Source: Baruch College

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 2:44 AM | View the original post

India Art Fair 2022 closes.

India Art Fair


India Art Fair

India Art Fair

New Delhi, May 4, 2022 — The 2022 edition of the India Art Fair, the leading platform to discover and celebrate modern and contemporary art from South Asia, closed on May 1 amid reports of robust sales. The fair offered a strong contingent of 77 exhibitors, including 63 galleries and 14 institutional participants from 16 cities in India.

The fair featured over 500 modern and contemporary artists.

Jaya Asokan, Fair Director of India Art Fair, commented: “As the first fair that I oversaw, I am immensely proud of the team and our artists, galleries, and partners for working so seamlessly together and pushing the boundaries of the region’s artistic language. The upbeat energy at the fair has demonstrated that audiences here are ready to dive back in and experience art in person again, a true embodiment of the strength and resilience of the region’s art scene.”

Leading art-lovers across the cultural landscapes of India and the South Asia region attended the fair to explore and experience the diverse line-up of leading exhibitors and curated programs.

Source: India Art Fair

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 1:32 AM | View the original post

April 28, 2022

World Intellectual Property Day 2022: Innovators from Syria, Ghana, and China Top Youth Video Contest

WIPO Conference

WIPO Conference

Photos: Delegates from Finland and Kazakhastan at the Forty-Fifth Session of the World Intellectual Property Organization (WIPO) Standing Committee on the Law of Trademarks, Industrial Designs, and Geographical Indications in Geneva, Switzerland, from March 28 to March 30, 2022. Images provided by & Copyright © WIPO. Photos: Emmanuel Berrod.

Geneva, April 28, 2022 — Competitors from Syria, Ghana, and China won the top three spots in the youth video competition for this year’s World Intellectual Property Day, which carries the theme “IP and Youth Innovating for a Better Future.”

Hekma Jabouli from Syria won the first prize with her short film showing a homemade smart device designed to help her sister regain mobility after a shrapnel injury to her spinal cord.

In an online vote, Ms. Jabouli’s video was selected best submission among an original pool of nearly 150 entries from dozens of countries.

John Wobil from Ghana took second place for his video about a new rice thresher. At the same time, digital designers Li Binglu and Cai Quinge, Chinese nationals living in Japan, came third with their story about creating new pictograms or emojis to forge connections among remote workers.

WIPO Director General Daren Tang said that younger people are already working on solutions to shared issues, supported by intellectual property (IP) rights like trademarks, patents, designs, Copyright, and others that help people earn a living from their work.

“When humanity needs to come together to address a range of urgent challenges - from overcoming the pandemic to combatting climate change - we must help our youths realize their innovation potential,” Mr. Tang added.

This year, on World Intellectual Property Day, WIPO is celebrating the vision and dynamism of young innovators and creators everywhere.

“WIPO is working to build a more inclusive IP ecosystem by expanding access to IP for groups who have been historically under-represented, including women, smaller enterprises, and younger people, so we selected this year’s theme. A better future begins with young people, and WIPO intends to ensure that IP is there to help them grow,” the organization stated.

The three winning videos were screened at an event at WIPO headquarters on April 26, commemorating World IP Day. The event, entitled “Innovating for Better Health: Supporting Young Innovators through IP,” brought together young innovators from different regions and explored the challenges they face and how innovation ecosystems need to evolve to enable them to thrive.

In 2000, WIPO’s member states designated April 26 - the day the WIPO Convention came into force in 1970 - as World Intellectual Property Day to increase general understanding of intellectual property (IP). Since then, World IP Day has offered a unique opportunity each year to join with others around the globe to consider how IP contributes to the flourishing of music and the arts and to driving the technological innovation that helps shape our world.

The World Intellectual Property Organization (WIPO) is the global forum for intellectual property policy, services, information, and cooperation. A specialized agency of the United Nations, WIPO assists its 193 member states in developing a balanced international IP legal framework to meet society’s evolving needs. It provides business services for obtaining IP rights in multiple countries and resolving disputes. It delivers capacity-building programs to help developing countries benefit from using IP. And it offers free access to unique knowledge banks of IP information.

Source: WIPO


— The editor is a WIPO Academy alumnus. StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 10:44 AM | View the original post

April 27, 2022

The Times Higher Education (THE) publishes its SDG Impact Rankings 2022; Lovely, Shoolini, and Chitkara lead in India.

Times Higher Education, Impact Rankings

London, April 27, 2022 — The Times Higher Education (THE) Impact Rankings are the global performance tables that assess universities against the United Nations’ Sustainable Development Goals (SDGs). THE says it uses carefully calibrated indicators to provide comprehensive and balanced comparison across four broad areas:

  • Research
  • Stewardship
  • Outreach, and
  • Teaching

The 2022 Impact Rankings is the fourth edition, and the overall ranking includes 1,406 universities from 106 countries/regions.

An Australian institution, Western Sydney University, leads the overall ranking.

In second place is the US’s Arizona State University, and third is Western University from Canada.

No one country dominates the top 10, with universities from the UK, Saudi Arabia, Malaysia, New Zealand, and Japan also featuring.

The top institutions from an emerging economy are King Abdulaziz University in Saudi Arabia and Universiti Sains Malaysia, in joint fourth place.

According to THE, the Impact Rankings are inherently dynamic: they are overgrowing each year as many more universities seek to demonstrate their commitment to delivering the SDGs by joining the ‘THE’ database. These rankings allow institutions to show rapid improvement year on year by introducing clear new policies or providing more transparent and open evidence of their progress.

• Following universities from India appear in the top 300

(India Rank) — ‘THE’ Global Rank — University

  • (1) 41 - Amrita Vishwa Vidyapeetham (Amritanagar, Coimbatore, Tamilnadu, 641112, India)

  • (2) =74 - Lovely Professional University (Jalandhar-Delhi G.T. Road, Phagwara, Punjab, 144411, India)

  • (3) 101-200 - Shoolini University of Biotechnology and Management Sciences (Solan-Oachghat-Kumarhatti Highway, Bajhol, Himachal Pradesh, 173229, India)

  • (4) 201-300 - Amity University, Gurugram (India Amity Education Valley, Gurugram, Haryana, 122 413, India)

  • (5) 201-300 - University of Calcutta (India Senate House, College Street, Kolkata, West Bengal, 700073, India)

  • (6) 201-300 - Chitkara University (Patiala National Highway NH-64, Chandigarh, Punjab, 140401, India)

Source: Times Higher Education

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 3:56 PM | View the original post

April 26, 2022

MasterClass Announces Mariah Carey to Teach the Voice as an Instrument

  • Opens the doors to the Butterfly Lounge, letting cameras into her creative and music-making process for the first time

  • Shares the never-before-heard reimagined version of “The Roof” with award-winning artist Brandy

Mariah Carey, MasterClass

Photo: Mariah Carey for MasterClass.


SAN FRANCISCO, April 26, 2022 — MasterClass, the streaming platform where anyone can learn from the world’s best across a wide range of subjects, has announced that Mariah Carey will teach a class on how to use the voice as an instrument. For the first time, Carey will bring members into the Butterfly Lounge, her mobile studio, to show how they can use their voices to sing and write and produce melodies, lyrics, and instrumentation that blend genres and break barriers. In addition, members will be the first to hear the reimagined version of “The Roof” with award-winning artist Brandy and see Carey in action as she directs Brandy on background vocals. Carey’s class is now available exclusively on MasterClass, where subscribers get unlimited access to all 150+ instructors with an annual membership.

“Mariah is simply a genius. She’s one of the greatest artists of all time,” said David Rogier, founder and CEO of MasterClass. “In her class, Mariah is opening up her studio for the first time, teaching members how to use their voice throughout the music-making process.”

In her class, Carey reveals how the voice can be used as an instrument and how it can be an extension of the pen as a writer, making it possible for anyone to be a music producer. Carey will provide an exclusive behind-the-scenes look at her music-making process by communicating melodies to a string ensemble to turn personal stories into iconic soundtracks. Taking members into the Butterfly Lounge as she works on a reimagined version of her beloved hit “The Roof” with award-winning artist Brandy, Carey will examine the importance of background vocals in making music and how to build a song with a choir of voices versus a wall of sound. Carey will teach members how to use their personal experiences as inspiration for writing music and telling a story. Sharing how Mobb Deep’s “Shook Ones Part II” inspired her writing on “The Roof,” she will show members how to listen beyond genres and use samples as building blocks. Carey will also reflect on the challenges she faced in the music industry and provide tips for navigating the industry and maintaining creative control. Members will leave the class inspired to find their voice, whether advocating for their creative desires or honing it as an instrument.

“I’ve never let cameras in when I create—not when I’m writing, especially not when singing,” Carey said. “But now I’m taking MasterClass members into my studio to show them how they can write and produce music using their voice and become anything they want to be as long as they create, re-create, reimagine and reinvent.”

Lessons in this online class include:

  • Producing With Your Voice
  • Lyricism: Write About the Realness
  • Writing With Samples
  • Background Vocals, Part 1
  • Background Vocals, Part 2
  • Instrumentation and Emotion
  • Taking Care of Your Voice
  • Surviving in the Music Industry

Mariah Carey is an American singer, songwriter, actress, record producer, entrepreneur, and pop icon. Known for her five-octave vocal range, melismatic singing style, and signature use of the whistle register, she has been referred to as the “Songbird Supreme.” Holding the record for the most No. 1 singles and most certified albums by any solo artist or female artist, Carey has received Billboard’s Artist of the Decade (the 1990s). She also received the Icons Award, the World Music Awards’ Best Selling Female Artist of the Millennium, and holds three Guinness World Records. She is a five-time Grammy Award-winning singer with 19 Billboard Hot 100 No. 1 singles and more than 200 million records sold, making her the best-selling female artist. Her songs shatter records, her love of music blends genres, and her penmanship and producing ability have earned her a spot in the Songwriters Hall of Fame.

The MasterClass is the streaming platform where the world’s best come together, so anyone can access and be inspired by their knowledge and stories. With an annual membership, members get unprecedented access to 150+ instructors and classes across various fields, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, Writing, and more.

Source: MasterClass


Mariah Carey to teach the Voice as an Instrument | MasterClass StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 3:15 AM | View the original post

April 21, 2022

Call for Nominations for the 2023 L’Oréal-UNESCO For Women in Science International Awards



Paris, April 21, 2022 — UNESCO and the Fondation L’Oréal have invited scientists worldwide to nominate candidates for the 2023 L’Oréal-UNESCO For Women in Science (FWIS) International Awards.

The 2023 edition of the FWIS International Awards will designate five outstanding scientific women researchers in Physical sciences, Mathematics, and Computer science. Each of the five Laureates will receive an award of €100,000 for her contribution to scientific research at a ceremony in Paris in March 2023.

Nominations must be submitted through the dedicated online platform by Tuesday, May 31, 2022.

Source: L’Oréal-UNESCO For Women in Science International Awards


UNESCO, StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 11:32 AM | View the original post

International Jazz Day 2022, a Call for Global Peace and Unity

Flagship All-Star Jazz Day Concert to be hosted at UN in New York on April 30

Jazz Day 2022

Photos: International Jazz Day 2022 Posters.

Paris, April 20, 2022 — UNESCO Director-General Audrey Azoulay and UNESCO Goodwill Ambassador Herbie Hancock announced the program for the 2022 celebration of International Jazz Day, April 30, with more events taking place in more than 180 countries.

The flagship Jazz Day event, a spectacular All-Star Global Concert, will be staged in the UN General Assembly Hall in New York, emphasizing the importance of jazz to achieve unity and peace through dialogue and diplomacy. It will feature performances by some of the world’s most accomplished jazz artists.

The concert will be webcast worldwide (April 30, 11 pm CET) on the UNESCO website, YouTube, Facebook,, UN Web TV, and US State Department outlets.

“Jazz carries a universal message with the power to strengthen dialogue, our understanding of each other, and our mutual respect. As the world is affected by multiple crises and conflicts, this international day highlights how much music and culture can contribute to peace,” Audrey Azoulay, Director-General of UNESCO, said.

“With conflict and division in many parts of the world, I hope that, through the universal language of jazz, our celebration this year can inspire people of all nations to heal, hope, and work together to foster peace,” said Jazz Institute Chairman Herbie Hancock. Herbie Hancock co-chairs International Jazz Day with the Director-General of UNESCO.

• Masterclasses, concerts, educational and other programs worldwide

Earlier in the evening of April 30 (9 pm CET), UNESCO will celebrate the musical talent of women from across Africa with the second edition of its JazzWomenAfrica concert series. Organized in collaboration with the cultural agency ANYA Music (Morocco), JazzWomenAfrica helps counter the under-representation and insufficient recognition of women in the music industry. A discussion with women artists and music producers on this theme will take place on April 29 (5 pm CET).

World-renowned jazz artists, including multiple Grammy Awards winners Arturo O’Farrill, Terri Lyne Carrington, Oran Etkin, Danny Grissett, Dan Tepfer, and others, will lead master classes and presentations.

Stakeholders across the UNESCO Creative Cities Network around the globe will organize their celebrations throughout International Jazz Day.

Established by UNESCO in 2011 at the initiative of UNESCO Goodwill Ambassador Herbie Hancock and recognized by the United Nations General Assembly, International Jazz Day brings together countries and communities worldwide every April 30.

Source: UNESCO

|GlobalGiants.Com| StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 9:32 AM | View the original post

April 20, 2022

India's Minister of Commerce & Industry, Piyush Goyal, calls upon the Cost & Management Accountants to ensure quality production by industry and help boost India's exports.

Cost Accountants, India

Photo: The Minister for Commerce & Industry, Piyush Goyal, with the winners after the Presentation Ceremony of the 17th National Awards for Excellence in Cost Management 2019, in New Delhi on April 20, 2022.

New Delhi, April 20, 2022 — India’s Minister of Commerce & Industry, Mr. Piyush Goyal, has called upon the Cost & Management Accountants to ensure quality production by industry and help boost India’s exports. Cost Accountants help make the Indian Industry cost-competitive and cost-conscious, he said.

“If we start loading costs to our export products and doing marginal costing, it can make a difference to our cost competitiveness. It would enhance our ability to increase our exports, recover its cost, and start reporting profits,” said Mr. Goyal. He was giving away the ‘17th National Awards for Excellence in Cost Management-2019’ and ‘5th CMA awards-2017 & 6th CMA Awards-2019’, organized by the Institute of Cost Accountants of India (ICAI).

Mr. Goyal said ‘Exports’ are the “virtuous circle of prosperity” we must focus upon.

“Anything we add on the exports front adds to our economic activity. When we add to our economic activity, look at what we are doing. We earn precious foreign exchange, which will help us balance our import requirements, our foreign currency requirements, and, of course, investments and large remittances that over three crores of Indians worldwide send to India. However, we still have a shortfall,” he said.

Mr. Goyal said our higher Forex reserves help our currency from depreciation.

“If we can save our currency from depreciating, we can reduce interest rates and reduce inflation’s impact on our society,” he said.

Mr. Goyal said ICAI had nurtured the Cost & Management Accountant (CMA) professionals for 78 years. Today, it is the 2nd most significant Cost & Management Accounting body in the world & largest in Asia.

Mr. Goyal said the CMAs are the guardians of growth. Keeping a check on costs, they help organizations in ensuring that every activity is efficient, he said.

Source: Ministry of Commerce & Industry


— The editor is an alumnus of the Institute of Cost Accountants of India. He was a delegate to the 18th All India Cost Conference, New Delhi, organized by the Institute and inaugurated by the President of India. StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 1:42 PM | View the original post

April 19, 2022

Finance Minister of India, Nirmala Sitharaman, meets IMF Managing Director Ms. Kristalina Georgieva in Washington D.C.

International Monetary Fund

Photo: A woman heads towards the metro station at Connaught Place in New Delhi, India, on March 29, 2022. Women make up 19 percent of the workforce in India, down from approximately 30 percent in 1990, as per a World Bank report. Image provided by & copyright © IMF Photo/Saumya Khandelwal.

Washington, April 19, 2022 — India’s Union Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman, had a bilateral meeting with Ms. Kristalina Georgieva, Managing Director, International Monetary Fund (IMF), on the sidelines of the International Monetary Fund-World Bank (IMF-WB) Spring Meetings in Washington D.C. today.

Both the Finance Minister and the Managing Director were accompanied by senior officials like Mr. Anantha V. Nageswaran, Chief Economic Advisor, Ministry of Finance, Government of India, and Ms. Gita Gopinath, FDMD of IMF.

During the meeting, they discussed issues of importance for India besides several topics currently being faced by the global and the regional economies.

Ms. Georgieva highlighted the resilience of India, which remains the fastest-growing country across the globe despite challenges posed by the COVID-19 pandemic. Ms. Georgieva also referred to a well-targeted policy mix followed by India. She lauded India for its contribution to the capacity development activities of the IMF.

Ms. Georgieva praised India’s vaccination program and extended help to its neighbor and other vulnerable economies. In addition, the IMF MD referred India’s resources to Sri Lanka during their complex economic crisis. Ms. Sitharaman indicated that IMF should support and urgently provide financial assistance to Sri Lanka. The Managing Director assured the Finance Minister that the IMF would continue to engage with Sri Lanka actively.

Discussing the recent geopolitical developments, Ms. Sitharaman and Ms. Georgieva raised concerns about its impact on the global economy and the challenges linked to the rising energy prices.

Explaining India’s policy approach, Ms. Sitharaman mentioned that an accommodative fiscal stance accompanied significant structural reforms, including the bankruptcy code and targeted help to vulnerable sections.

Ms. Sitharaman said that Monetary Authority fully supported and complemented these efforts with an accommodative stance.

The Finance Minister further stated that India had a sound agricultural output, supported by a good monsoon during the COVID pandemic. As a result, agricultural exports and other exports have also sharply increased. She concluded that India is entering into new economic activities to help resolve some of the global supply chain issues.

Source: Ministry of Finance, Government of India


IMF Growth Projections StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 2:36 PM | View the original post

April 15, 2022

IMF Chief addresses the International Monetary Fund 2022 Spring Meetings Curtain Raiser

International Monetary Fund

Photo: Post Spring Meetings 2021, Head of Department Meetings Chief of Staff, Dominique Desruelle, looks on during the post-2021 Spring Meetings meeting with the department heads at the International Monetary Fund. Washington, DC, United States. Image provided by & copyright © IMF Photo/Cory Hancock. [File photo]

International Monetary Fund

Photo: IMF Managing Director Kristalina Georgieva meets with Queen Máxima of the Netherlands at the International Monetary Fund on March 23, 2022. Washington, DC, United States. Image provided by & copyright © IMF Photo/Cory Hancock.

International Monetary Fund

Photo: Supply Chain and Inflation. There are high gas prices at gas stations in the Washington, DC, metropolitan area. January 19, 2022. Washington, DC, United States. Image provided by & copyright © IMF Photo/Cory Hancock.

International Monetary Fund

Washington, DC, April 15, 2022 — The IMF’s Managing Director Kristalina Georgieva raised the 2022 Spring Meetings curtain yesterday, April 14, in an event hosted by Carnegie Endowment for International Peace. The IMF MD stated that the world is facing a crisis on top of an emergency: First, the pandemic, and second, Russia’s invasion of Ukraine.

Global growth prospects vary significantly across countries: from catastrophic economic losses in Ukraine to a severe contraction in Russia to countries facing spillovers from the war through commodity, trade, and financial channels, IMF said. IMF will release detailed forecasts in the World Economic Report next Tuesday.

“The outlook has deteriorated substantially, largely because of the war and its repercussions. In addition, inflation, financial tightening, and frequent, wide-ranging lockdowns in China causing new bottlenecks in global supply chains are also weighing on activity. As a result, we will be projecting a further downgrading global growth for 2022 and 2023. Fortunately for most countries, growth will remain in positive territory. That said, the impact of the war will contribute to forecast downgrades for 143 economies this year, accounting for 86 percent of global GDP,” said Georgieva.

International Monetary Fund

Photo: Consumer Price Inflation Chart. Source: IMF.

Emerging and developing economies face the added risk of potential spillovers from monetary tightening in advanced economies—higher borrowing costs and capital outflows.

“The Russian invasion of Ukraine triggered spillovers through three main channels. The first is commodity prices, wheat oil, gas, and metals. The second one is the pressure on inflation and the necessity for central banks to tighten up faster than they would otherwise with all the consequences for emerging markets. And the third one is the financial channels remittances and the impact on how the monetary system will look after the war. So when you look at this impact from a human standpoint, the most dramatic one is food prices. Why? Because that comes on top of already deepening food insecurity in many parts of the world. Remember, we had bad harvests in several countries, locusts in Africa, and the Horn of Africa that have already generated pressure. And now the war is heating on the world’s low-income families even more,” added Georgieva.

Georgieva concluded the event by stressing that the international community’s immediate priorities are to end the war in Ukraine, confront the pandemic, and tackle inflation and debt.

“2020 is the record highest borrowing year since World War II. Even the global financial crisis didn’t lead to such an expansion of borrowing in one year. Now, when we have a global debt level of 256% of global GDP, we have to think of its impact. Interest rates are low. In some cases, even negative, this is easy. In fact, in 2021, debt went up, but debt service in many countries went down. Why? Because of accommodative monetary policy. When inflation accelerated, I should say that part of the inflation pressure came from demand picking up after the pandemic. Still, supply chains are getting broken, and supply is not catching up with this demand. Price stability is essential for growth, so central banks have to take action. They have to act decisively. Interest payments go up when they do so, and servicing debt becomes much more difficult,” the IMF MD concluded.

The world’s financial leaders are set to meet in Washington, DC, next week for the IMF and World Bank Spring Meetings.

Rising inflation, the economic impact of the war in Ukraine, and the lingering effects of the pandemic are front and center for policymakers.

Source: International Monetary Fund (IMF)


— The editor holds certification in “Financial Market Analysis” from International Monetary Fund, Washington, DC. StumbleUpon reddit Facebook Google Plus Tweet This Seed This on Newsvine

Edited & Posted by the Editor | 1:05 PM | View the original post


Start from HOME Go to Top