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FILE PHOTO: Indian Prime Minister Narendra Modi (2nd L) and his former Japanese counterpart Shinzo Abe (L) bow to national flags as they review an honor guard before their meeting at Abe's official residence in Tokyo, Japan November 11, 2016.

REUTERS/Toru Yamanaka/Pool

India’s rise makes Japan anxious

India is set to surpass Japan as the world's fourth-largest economy by 2025, earlier than previous forecasts. This marks Japan’s second year of decline in global GDP rankings, after falling from third to fourth place behind Germany in 2023.

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Russian cosmonauts pose with a flag of the self-proclaimed Luhansk People's Republic at the International Space Station.

Roscosmos/Handout via REUTERS

Hard Numbers: Russia quits ISS, Global GDP growth slows, Peruvians sour on Castillo, Lebanon buys wheat

24: After 24 years as a member of the International Space Station — a major step in post-Cold War reconciliation — Russia announced Tuesday it’ll leave the module by the end of 2024. But the US says it didn’t get the memo.

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Hard Numbers: GDP wars, WTO rules in Beijing’s favor, Africans support Chinese engagement, China winning 5G battle

5.9: China’s GDP could grow on average 5.9 percent per year until 2025, according to the Center for Economics and Business Research, which predicts that China will overtake the US as the world’s largest economy by the end of the decade. The Chinese economy was worth $18 trillion in 2021, compared to America’s $23 trillion.

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India gets biggest GDP downgrade by IMF as coronavirus lockdown bites

June 24, 2020 9:36 PM

NEW DELHI (BLOOMBERG) - The International Monetary Fund's forecast for India's economy swung from expansion to contraction, marking the sharpest downgrade in projections of the world's main economies.

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