NEW YORK (AP) — It’s been a great year for stock markets around the world. Wall Street’s rally has been front and center, with the […]
Tag: International Monetary Fund
Argentina starts economic shock therapy by devaluing peso by 50 percent | Business and Economy News #Argentina #starts #economic #shock #therapy #devaluing #peso #percent #Business #Economy #News
New president Milei warns of painful measures as currency value slashed, subsidies cut, public works tenders cancelled. Argentina’s government has announced it will slash the […]
Lula faces numerous challenges as Brazil assumes G20 presidency | Business and Economy News #Lula #faces #numerous #challenges #Brazil #assumes #G20 #presidency #Business #Economy #News
As Brazil takes over the G20 presidency on December 1 from India, Luiz Inácio Lula da Silva will be challenged to fulfil his promise of […]
Sri Lanka says it struck a deal with creditors on debt restructuring to clear way for IMF funds #Sri #Lanka #struck #deal #creditors #debt #restructuring #clear #IMF #funds
COLOMBO, Sri Lanka (AP) — Sri Lanka said Wednesday that it has reached an agreement in principle with a group of creditors including India and […]
The second installment of Sri Lanka’s bailout was delayed. The country hopes it’s coming in December #installment #Sri #Lankas #bailout #delayed #country #hopes #coming #December
COLOMBO, Sri Lanka (AP) — The governor of Sri Lanka’s Central Bank said Friday he’s confident it will receive the second instalment of a $2.9-billion […]
Pakistani traders strike countrywide against high inflation and utility bills #Pakistani #traders #strike #countrywide #high #inflation #utility #bills
ISLAMABAD (AP) — Pakistani traders on Saturday went on strike against the soaring cost of living, including higher fuel and utility bills and record depreciation […]
Four years into crisis, Lebanon’s leaders hope tourism boom will help bypass reforms in IMF bailout #years #crisis #Lebanons #leaders #hope #tourism #boom #bypass #reforms #IMF #bailout
BEIRUT (AP) — Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough […]
Argentina’s anti-establishment candidate Milei engages IMF in economic talks after shock primary win #Argentinas #antiestablishment #candidate #Milei #engages #IMF #economic #talks #shock #primary #win
BUENOS AIRES, Argentina (AP) — Argentina’s right-wing populist presidential candidate Javier Milei met Friday with International Monetary Fund officials to explain his economic proposals for […]
Beijing has invested $25.4B in Pakistan over the last decade, Chinese vice premier says #Beijing #invested #25.4B #Pakistan #decade #Chinese #vice #premier
ISLAMABAD (AP) — China has invested $25.4 billion in Pakistan over the past decade for projects ranging from roads to power plants, China’s vice premier […]
Germany used to be the world’s export powerhouse. Now, it’s not growing. What happened? #Germany #worlds #export #powerhouse #growing #happened
FRANKFURT, Germany (AP) — The German economy is still failing to grow, figures showed Friday, as the country that should be the industrial powerhouse for […]