Today: September 21, 2024
Today: September 21, 2024

Latest From Andrea Shalal

Business

IMF chief Georgieva says focused on job at hand, not future role

With just seven months to go in Kristalina Georgieva's term as head of the International Monetary Fund, she said on Tuesday that she isn't focused on whether to

IMF chief Georgieva says focused on job at hand, not future role
Business

Yellen says global economy remains resilient, lauds US as growth driver

Strong U.S. economic growth has been a "key driver" of better than expected global growth, U.S.

Yellen says global economy remains resilient, lauds US as growth driver
Business

Russian assets in 'urgent' spotlight as Yellen heads to G20 meeting

U.S. officials continue to discuss with allies what to do with Russian assets immobilized after Moscow's invasion of Ukraine two years ago, a senior U.S.

Russian assets in 'urgent' spotlight as Yellen heads to G20 meeting
Business

IMF says global 'soft landing' in sight, raises 2024 economic growth outlook

The International Monetary Fund on Tuesday edged its forecast for global economic growth higher, upgrading the outlook for both the United States and China -

IMF says global 'soft landing' in sight, raises 2024 economic growth outlook
Business

Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says

The White House on Thursday said Nippon Steel Corp's $14.9 billion proposed acquisition of U.S.

Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says
Business

Nippon's US Steel deal needs scrutiny, says Biden campaign adviser Deese

Brian Deese, a key player in President Joe Biden's 2024 re-election bid, said on Wednesday that Nippon Steel's proposed purchase of U.S.

Nippon's US Steel deal needs scrutiny, says Biden campaign adviser Deese
Business

Yellen plans to accelerate climate, financial market cooperation with China

U.S.

Yellen plans to accelerate climate, financial market cooperation with China
Business

Yellen supports 'significant' capital increase for IDB's private sector arm

U.S.

Yellen supports 'significant' capital increase for IDB's private sector arm
Business

Exclusive-Apple to make tools and parts to fix phones, computers available nationwide - White House

Mac computer and iPhone maker Apple on Tuesday will announce plans to make parts, tools and documentation needed to repair its products available to independent

Exclusive-Apple to make tools and parts to fix phones, computers available nationwide - White House
Business

Yellen says World Bank needs 'cultural change' to better mobilize private capital

U.S.

Yellen says World Bank needs 'cultural change' to better mobilize private capital
Business

IMF says global economy 'limping along,' cuts growth forecast for China, euro area

The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven

IMF says global economy 'limping along,' cuts growth forecast for China, euro area
Business

Rising Asia debt levels could temper growth -World Bank chief economist

Rising debt levels among "seemingly healthy" countries in Asia could drag growth in the region below currently forecast levels, World Bank Chief

Rising Asia debt levels could temper growth -World Bank chief economist
Economy

IMF board approves members to channel reserve assets to MDBs for hybrid instruments

The International Monetary Fund on Wednesday said its executive board has approved members to use their Special Drawing Rights (SDRs), or IMF reserve assets, to

IMF board approves members to channel reserve assets to MDBs for hybrid instruments
Economy

US Treasury sees progress on multilateral bank reforms, but more to do

The World Bank and other multilateral development banks are making good progress on reforms to expand their lending capacity to help countries brace for climate

US Treasury sees progress on multilateral bank reforms, but more to do
Economy

IMF head says higher US rates could become a worry if they persist

IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they

IMF head says higher US rates could become a worry if they persist
Economy

IMF's Georgieva says she'd be honored to serve 2nd term if nominated

International Monetary Fund chief Kristalina Georgieva said she would be honored to serve a second five-year term at the helm of the global lender, and had been

IMF's Georgieva says she'd be honored to serve 2nd term if nominated
Economy

Timelines, predictability key issues for next sovereign debt roundtable -Georgieva

International Monetary Fund chief Kristalina Georgieva on Tuesday said she wants to shine a spotlight on the timelines and predictability of debt restructuring

Timelines, predictability key issues for next sovereign debt roundtable -Georgieva
Economy

IMF urges G20 cooperation on climate, global AI principles

Medium-term global growth prospects are the weakest in decades, but G20 major economies could boost growth prospects if they work together to address climate

IMF urges G20 cooperation on climate, global AI principles
Economy

Ukraine needs $486 billion to recover, rebuild after nearly two years of war - World Bank

Rebuilding Ukraine's economy after Russia's invasion nearly two years ago is expected to cost $486 billion, 2.8 times its 2023 expected economic output, a new

Ukraine needs $486 billion to recover, rebuild after nearly two years of war - World Bank
Economy

IMF chief Georgieva, Yellen to meet with Egyptian authorities

International Monetary Fund chief Kristalina Georgieva and U.S.

IMF chief Georgieva, Yellen to meet with Egyptian authorities
Economy

US economic data points to 'real momentum' for 2024, White House says

Higher consumer spending over the holiday season, real wage gains over the last nine months and a jump in consumer confidence point to a good start for 2024, said Jared

US economic data points to 'real momentum' for 2024, White House says
Economy

IMF governors approve 50% increase in lending resources with no shareholding changes

The International Monetary Fund's governing body has approved a 50% increase in quota resources to be contributed by member countries in proportion to their

IMF governors approve 50% increase in lending resources with no shareholding changes
Economy

US Treasury's Yellen sees consistent pattern of inflation coming down

U.S.

US Treasury's Yellen sees consistent pattern of inflation coming down
Economy

USDA opens applications for $300 million to help exporters break into new markets

The U.S.

USDA opens applications for $300 million to help exporters break into new markets
Economy

US Treasury's Adeyemo hopes Congress will extend US-Africa program

U.S.

US Treasury's Adeyemo hopes Congress will extend US-Africa program

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