Global economic outlook

Modi Warns of Poverty and Disaster Decade Amidst Global Crises

During a visit to the Netherlands, Indian Prime Minister Narendra Modi issued a grave warning to the Indian diaspora regarding the global economic outlook. He characterized the current decade as one of “compounding catastrophe,” citing the COVID-19 pandemic, ongoing wars, and an energy crisis as major contributors. Modi emphasized that if these cascading global crises are not urgently reversed, decades of progress against poverty risk being undone, potentially pushing a significant portion of the world’s population back into destitution.

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