US Calls on IMF to Reload and Refocus Amid China Pushback
The US called for reforms at the International Monetary Fund that will increase its lending firepower and refocus
2023-09-08 08:23
India Seeks to Fill a China-Sized Gap in Global Economic Growth
With China increasingly isolated and the US and its allies seeking a developing-market champion, India is having a
2023-09-05 07:18
UAE Firm Buys 30% Stake in Egypt Tobacco Giant for $625 Million
A United Arab Emirates investment firm bought a 30% stake in Egypt’s largest tobacco firm for $625 million,
2023-09-04 02:21
IMF’s Georgieva About to Begin Visit to China, India, Indonesia
The International Monetary Fund’s managing director, Kristalina Georgieva, will leave for Asia on Wednesday for a tour that
2023-08-29 09:22
Argentina Lifts Wages, Welfare in Defiance of IMF Austerity Push
Argentina’s Economy Ministry announced measures to improve government workers’ salaries and funnel money toward retirees and poorer families,
2023-08-28 09:59
China’s Worsening Economic Slowdown Is Rippling Across the Globe
China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown
2023-08-28 05:59
Egypt Stocks Hit Record High as Investors Seek Inflation Offset
Egypt’s benchmark stock index hit a record high, spurred by investors looking to hedge against surging inflation driven
2023-08-27 22:51
Slower US Job Growth to Support Fed Patience
Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further
2023-08-27 05:28
Bloated Government Debt Is Here to Stay: Jackson Hole Paper
Swollen government indebtedness — and the upward pressure that puts on interest rates — is here to stay,
2023-08-27 00:19
Fed Latest: China Still Embedded in US Supply Chain, Paper Finds
China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports
2023-08-26 22:47
German Budget Hawk Steers Faltering Coalition as Far Right Rises
When German Finance Minister Christian Lindner was asked this year where he sits on the “government boat” –
2023-08-26 12:48
Fed Latest: Goolsbee Says FOMC Is on a Path to a Soft Landing
Federal Reserve Bank of Chicago President Austan Goolsbee said the Fed is part of the way down the
2023-08-26 02:49