Asia | DD News

May 14, 2024 3:54 PM

Asia to contribute 60% of global growth in 2024: IMF official

Asia continues to power ahead as the engine of the global economy, with the region expected to contribute a massive 60% to world growth in 2024, a senior International Monetary Fund (IMF) official stated on Monday. Speaking at the 13th IMF-Japan High-Level Tax Conference for Asian Countries in Tokyo, IMF Deputy Managing Director Okamura highlighted Asia's lead role in driving global economic recovery post-pandemic citing the IMF's latest World Economic Outlook projections. The global economy h...

April 23, 2024 4:52 PM

Asia most affected by climate disasters in 2023, heatwaves fatalities rising in India: UN report

Asia was world's most disaster-hit region by weather, climate and water hazards in 2023, the World Meteorological Organization (WMO) said, with floods and storms causing the highest number of casualties. In a report published on Tuesday, WMO said that 79 disasters linked to hydro-meteorological events had been reported in Asia in 2023. More than 80% of these were related to floods and storms that caused more than 2,000 deaths. Asia is warming faster than the global average, according to WMO. L...

April 23, 2024 11:56 AM

Asia is most climate disaster-impacted region, UN meteorological agency says

Asia was the world's most disaster-hit region by climate related hazards last year, the World Meteorological Organization (WMO) said, with floods and storms causing the highest number of casualties. In a report published on Tuesday, WMO said that 79 disasters linked to hydro-meteorological events had been reported in Asia in 2023. More than 80% of these were related to floods and storms that caused more than 2,000 deaths. "Many countries in the region experienced their hottest year on record i...