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

Latest From Andrea Shalal

Economy

U.S. Treasury sees 'potential improvement' in sovereign debt cases

A senior U.S.

April 26, 2024
U.S. Treasury sees 'potential improvement' in sovereign debt cases
Economy

Yellen says US, EU support crucial to Ukraine's fight against Russia

U.S.

April 26, 2024
Yellen says US, EU support crucial to Ukraine's fight against Russia
Economy

WTO chief warns of 'really big impact' on trade if Israel-Hamas conflict widens

World Trade Organization chief Ngozi Okonjo-Iweala said she hoped the Israel-Hamas conflict could be ended quickly, warning it would have a "really big

April 26, 2024
WTO chief warns of 'really big impact' on trade if Israel-Hamas conflict widens
Economy

Yellen says oil price cap has 'significantly' cut Russia's revenues

U.S.

April 26, 2024
Yellen says oil price cap has 'significantly' cut Russia's revenues
Economy

Multilateral development banks, keen to expand lending, to meet with ratings agencies

Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broad push

April 26, 2024
Multilateral development banks, keen to expand lending, to meet with ratings agencies
Economy

IMF says US bond sell-off may reflect extra quantities on market

The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund's top economist said, adding

April 26, 2024
IMF says US bond sell-off may reflect extra quantities on market
Economy

Progress in reforming development banks 'quite limited,' new tool shows

A new tool launched on Monday to track reforms by the World Bank and the five biggest multilateral development banks (MDBs) shows that broad changes are

April 26, 2024
Progress in reforming development banks 'quite limited,' new tool shows
Economy

US Treasury pushing development banks for progress on next phase of reforms by April

The U.S.

April 26, 2024
US Treasury pushing development banks for progress on next phase of reforms by April
Economy

IMF chief Georgieva: soft landing possible, but fiscal, debt risks abound

Stronger demand for services and progress on lowering inflation have increased the chances that the global economy can escape recession, but fiscal and financial risks

April 26, 2024
IMF chief Georgieva: soft landing possible, but fiscal, debt risks abound
Economy

US poor face economic hit as shutdown, childcare cliff, student loans converge

By Andrea Shalal WASHINGTON - Lower income households and Black and Latino communities will be hit hard when a confluence of U.S. economic events kick off next week, including a sharp drop in

April 26, 2024
US poor face economic hit as shutdown, childcare cliff, student loans converge
Business|Economy|Political

Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says

U.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a report on workplace problems at the U.S.

May 28, 2024
Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says
Political

US won't restart UNRWA aid until investigation completed -officials

The Biden administration plans to wait for an internal investigation of the United Nations agency for Palestinian refugees to conclude before resuming aid to

April 26, 2024
US won't restart UNRWA aid until investigation completed -officials
Political

Iowa Democrats scramble after a decade of losses, caucus demotion

Stripped by President Joe Biden of their special status as the state to hold the first nominating contest of the U.S. presidential election, Iowa Democrats are

January 12, 2024
Iowa Democrats scramble after a decade of losses, caucus demotion
Political

Biden kicks off rural America tour in Minnesota

U.S.

November 01, 2023
Biden kicks off rural America tour in Minnesota
Political

Arab American support for Biden, Democrats plummets over Israel - poll

President Joe Biden's support among Arab Americans, who are crucial voters in battleground election states, has plunged from a comfortable majority in 2020 to

April 26, 2024
Arab American support for Biden, Democrats plummets over Israel - poll
World

IMF calls for fiscal restraint in year with most elections ever

The International Monetary Fund urged countries on Wednesday to rein in fiscal spending and rebuild their buffers, but said that could prove difficult in the

April 17, 2024
IMF calls for fiscal restraint in year with most elections ever
World

US will use sanctions to disrupt Iran's 'malign' activity, Yellen says

U.S.

April 16, 2024
US will use sanctions to disrupt Iran's 'malign' activity, Yellen says
World

World Bank sounds alarm on 'historical reversal' of development for poorest nations

Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical

April 26, 2024
World Bank sounds alarm on 'historical reversal' of development for poorest nations
World

World Bank to share more data to attract private investors to developing countries

The World Bank will publish more of its proprietary data, including on debt defaults, starting next week as part of a push to attract more private sector investment to

March 24, 2024
World Bank to share more data to attract private investors to developing countries
World

IMF board okays $880 million loan payment for Ukraine, sees war winding down in '24

The International Monetary Fund's executive board on Thursday approved a third review of Ukraine's $15.6 billion loan program, allowing the release of $880

April 26, 2024
IMF board okays $880 million loan payment for Ukraine, sees war winding down in '24
World

Ukraine minister says US lawmakers 'optimistic' on providing aid

Ukrainian Justice Minister Denys Maliuska said on Wednesday that he had received "quite optimistic" messages from lawmakers in the U.S.

April 26, 2024
Ukraine minister says US lawmakers 'optimistic' on providing aid
World

US Treasury's No. 2 urges South Africa to boost fight against corruption

U.S.

April 26, 2024
US Treasury's No. 2 urges South Africa to boost fight against corruption
World

Closing gender gap could lift global GDP more than 20%, World Bank says

Ending discriminatory laws and practices that prevent women from working or starting businesses could raise global gross domestic product by more than 20%,

April 26, 2024
Closing gender gap could lift global GDP more than 20%, World Bank says
World

Yellen says U.S. committed to G20 finance work despite divisions over war language

U.S.

April 26, 2024
Yellen says U.S. committed to G20 finance work despite divisions over war language
World

Yellen: Moves to unlock value of frozen Russian assets 'necessary and urgent'

U.S.

April 26, 2024
Yellen: Moves to unlock value of frozen Russian assets 'necessary and urgent'

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