Chinese President Xi Jinping attends the opening ceremony of the Belt and Road Forum at the Great Hall of the People in Beijing, China, October 18, 2023. Sputnik/Andrei Gordeev/Pool via REUTERS Acquire Licensing RightsLONDON, Oct 20…
An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued demolition order, on the man-made Ocean Flower Island in Danzhou, Hainan province, China January 6, 2022. REUTERS/Aly Song/File…
The IMF and World Bank were launched during the second world war at the 1944 Bretton Woods conference – now, they are back in a “world war”, only this time, it is a struggle for global influence chiefly between the US and China.Since…
New numbers show the US government’s spending exceeded its revenues to the tune of more than a trillion dollars in the recently concluded fiscal year.
The data comes from the newly released Congressional Budget…
(Bloomberg) -- The International Monetary Fund said that it sees no factors that would compel Japan to intervene in the foreign exchange market to support the yen.Most Read from Bloomberg“We don’t see any conditions,” Sanjaya Panth,…
World Bank President Ajay Banga, World Bank Secretary Mercy Tembon, Ukraine Minister of Finance Serhiy Marchenko, International Monetary Fund (IMF) Secretary Ceda Ogada and Managing Director of the International Monetary Fund (IMF),…
…says loan servicing obligation too high, insists no debt restructuring talks
Look inwards for funding, foreign loans becoming scarce, costly, Fund tells Nigeria
The International Monetary Fund, on Friday, said…
Russia’s economy is set to grow by 1.1% in 2024, slower than previously predicted, the International Monetary Fund said Tuesday in its latest World Economic Outlook report.
The updated forecast placed Russia at the bottom of the…
The Governor of the Central Bank of Libya (CBL), Saddek El-Kaber, held several meetings at the Annual Meetings of the World Bank and IMF 9 to 15 October 2023 in Marrakesh, Morocco.
Bahador Bijani, Executive Director in the IMFOn Monday,…