Going Into New Trump Era, Risky Emerging Market Bonds Keep Luring Traders
Junk-rated dollar debt from developing nations is attracting fresh bets from money managers at UBS Asset Management, Lazard ...
KPNX11h
How Trump's second term could affect the economy
Unemployment is 4.1% — quite low by historic standards. Among wealthy countries, only Spain will experience faster growth ...
NBC News17h
A federal disaster fund has drawn 50,000 applications after twin hurricanes. One problem: It’s out of money.
About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. Biden administration officials are pressuring ...
Reuters1d
Pakistan to slash winter power tariffs to spur demand, cut gas use
The move is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in ...
DAILY POST1d
Enough is enough! DAVID NDII now tells RUTO to cut ties with IMF and stop taking more loans – Look!
President William Ruto’s Economic Adviser David Ndii has advised him to stop taking more loans from the International ...
China Unveils $1.4 Trln Local Debt Package but No Direct Stimulus
China's top legislative body, the standing committee of the National People's Congress (NPC), approved a bill on raising ...
Geopolitical Futures2d
The Global Economy’s Return to Normalcy
International Monetary Fund data shows the global economy has stabilized since the pandemic shock four and a half years ago.
The chances of Russia's economy collapsing are 'extremely small,' and the war can go on for the long term, economist says
An economist says Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable.
International Monetary Fund2d
IMF Executive Board Concludes 2024 Article IV Consultation with Lao People’s Democratic Republic
On November 4, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation1 with Lao People’s Democratic Republic.
AI Puts Millions Of British Jobs At Risk, Says Think Tank
The spread of AI could ultimately displace between 1 million and 3 million jobs in the U.K., according to estimates from the ...
TASS2d
Russia’s international reserves up by $4.2 bln over week to $632. 7 bln — Bank of Russia
They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold. After the start of the Russian special operation in Ukraine, ...
When countries hide their public debt, they hurt themselves, their citizens and their lenders, say economists
Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by ...