National Reviewflipped into Politics & PolicyConservative View It’s Time to Mothball the IMF | National Review National Review - Steve H. Hanke The International Monetary Fund’s new managing director, the Bulgarian Kristalina Georgieva, has learned how to play the game. The game is to never …
ForbesBusiness Argentina’s Debt Showdown Between Wall Street And Rockstar Economists Goes Down To The Wire Forbes - Agustino FontevecchiaArgentina’s sovereign debt restructuring has once again put the South American nation and serial defaulter center-stage on a global scale. As the coronavirus pandemic rages on, policymakers and intellectuals
Reuters UKflipped into World NewsBusiness U.N. calls meeting to boost pandemic support for developing countries Reuters - Andrea ShalalWASHINGTON (Reuters) - U.N. officials said they will meet on Thursday with over a dozen world leaders to discuss shoring up financial support for emerging economies, hit hard by the pandemic’s economic
The Conversation UKflipped into Conversation UKBusiness Developing countries are facing economic disaster: four ways western nations can support them to shore up the global economy The Conversation UK - Steve Schifferes While attention in developed countries has been focused inward on the effects of the pandemic at home and the anticipated exit from lockdown, an …
Business Business Maverick: Debt-Ridden Argentina Can’t Stop Precious Dollars Draining Away dailymaverick.co.za - Bloomberg As Argentina negotiates with creditors to restructure its debt following a ninth default, the government is struggling with another crisis: …
CNBCflipped into Top NewsNews OECD countries log worst quarterly contraction in GDP since the financial crisis CNBC - Chloe Taylor Gross domestic product across OECD countries fell by 1.8% in the first quarter as Covid-19 containment measures weighed on the economy. According to …
Unsecurityflipped into Wreckage of NeoliberalismHealth OPINIONISTA: The poor world must be the rich world’s pandemic imperative dailymaverick.co.za - Anne O Krueger Assisting poorer countries is not just the right thing to do; it is also the only way to contain the pandemic. Covid-19 has confronted the world with …
Livemintflipped into NewsIndia Shaktikanta Das differs with govt over IMF's $500 billion rights plan livemint.com - Asit Ranjan Mishra NEW DELHI : While India joined the US last month to oppose the International Monetary Fund’s (IMF’s) plan to issue $500 billion of fresh special …
The Thaigerflipped into The Thaiger NewsBusiness Opposition criticises Thai government over economic toll of Covid response thethaiger.com - May Taylor Opposition party Pheu Thai has condemned the government’s management of the Covid-19 crisis, saying total shutdown has had a devastating effect on …
CJBflipped into #China general newsBusiness Jump in China’s Debt Necessary, Risks Controllable, NDRC Says Caixin Global - By Guo Yingzhe and Shen Fan Top officials at China’s economic planning agency have defended the government’s decision to increase debt to help the economy recover from the …
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World Economy Why trade conflicts have become inevitable livemint.com - Nikita Kwatra Trade wars reflect the failure of global financial institutions such as the WTO and the IMF in addressing mounting global trade and financial …
Independent Mediaflipped into IOL NewsIcon version of the Flipboard logoBusiness Don’t pay that ‘debt’, Mozambique iol.co.za - Victor Kgomoeswana The decision of an over-indebted African country might not count for much (or could) when the London High Court announces its verdict on the case …
Indiamaximum.comflipped into Business NewsBusiness Covid-19 like last nail in coffin of globalisation, says top economist indiamaximum.com - Robin The coronavirus pandemic has hit the world hard. Many businesses have been ruined, to the extent that chances of recovery look bleak.And added to …
Neil Greenfieldflipped into The South African Finance & Economic MagazineBusiness How The Coronavirus Will Change The Role Of Central Banks Seeking Alpha - AllianceBernstein (AB) COVID-19 has supplied the catalyst for a secular change in the role of central banks. Providing governments with ammunition to fight the virus is now …
News18.comflipped into News18 Latest NewsBusiness World Bank Approves $500 Million Loan for Cash-strapped Pakistan to Fight Covid-19 Crisis news18.com - News18 The World Bank had suspended Pakistan's budget support loans due to the deterioration in macroeconomic indicators in 2017. The World Bank has restored …
Business Isaah Mhlanga | We can't just spend our way out of this economic crisis, debt still matters fin24.com - Isaah Mhlanga There are disturbing narratives that emerge from time to time from respected social activists and community leaders in how to deal with the …
Bloombergflipped into BloombergNews Surprise Boost for Nigeria’s Economy Comes With Higher Oil Flows Bloomberg - Ruth Olurounbi Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter Nigerian economic growth beat estimates in the first quarter as oil …
World Economic Forumflipped into Global ChallengesNews Africa needs an economic lifeline to help it fight COVID-19 - here's why it's a solid investment weforum.org - Abebe Aemro Selassie • Sub-Saharan Africa is set to experience a major economic downturn as a result of COVID-19. • With global interest rates at rock bottom, there has never …
The Motley FoolBusiness IMF Managing Director Calls For Banks to Cancel Dividends and Stock Buybacks Due to Coronavirus | The Motley Fool The Motley Fool - Eric Volkman Kristalina Georgieva believes that retaining such monies will be "essential" to cope with the economic slowdown caused by the pandemic. Eric has been …
France 24Business Argentina defaults for second time in 20 years but continues credit negotiations France 24 - NEWS WIRES"There is still a significant distance to go but, more importantly, all sides remain at the table to find a solution," he said. The default - Argentina's ninth overall - was widely expected after the ministry
Al Jazeeraflipped into Global NewsNews More than 90 countries request IMF bailout Al Jazeera - by Alan FisherInternational Monetary Fund has collected trillions from donors as COVID-19 fuels global economic crisis. More than 90 countries have requested bailouts from the IMF, which has collected trillions of from
Business COVID-19 worsens pre-existing financial vulnerabilities: IMF - Xinhua | xinhuanet.com - Source: Xinhua "Should the ongoing economic contraction last longer or be deeper than currently expected, the resulting tightening of financial conditions may be …
Business Insider Indiaflipped into Latest StoriesBusiness Banks may not be profitable until 2025 even as major economies recover, new IMF report says businessinsider.in - Ben Winck Banks will struggle to protect profits for the next five years as the coronavirusfuels loan losses and keeps interest rates at historic lows, the …
U.S. News & World ReportUkraine IMF to Give Ukraine $5 Billion to Cope With Virus Fallout U.S. News & World Report - Associated Press KYIV, Ukraine (AP) — The International Monetary Fund said Thursday it has reached an agreement with authorities in Ukraine to allocate $5 billion to …
Business Harvard Kennedy School Professor Reinhart Named World Bank Chief Economist | News | The Harvard Crimson thecrimson.com - www.thecrimson.com The World Bank named Harvard Kennedy School professor Carmen M. Reinhart its new chief economist Wednesday amid predictions of a prolonged global …
Financial Newsflipped into NewsBusiness IMF urges central banks to ensure liquidity throughout pandemic Financial News - Bérengère Sim The crisis will “test banks’ resilience”, the international organisation said The International Monetary Fund has warned global banks against taking …
Business Lebanon banks call for state asset fire sale asiatimes.com - Alison Tahmizian Meuse Lebanon’s banks, facing US$80 billion in losses amid the evaporation of national reserves, are calling on the government to sell off state assets as …
The Wall Street Journal.Business Argentina Defaults on Sovereign Debt Amid Coronavirus Crisis The Wall Street Journal. - Ryan DubeThe country is struggling with economic contraction, runaway inflation and a hard-currency squeeze Argentina’s National Bank. The country failed to make a $500 million interest payment on foreign debt
Business RBI buttresses earlier position forcefully; economic forecasts conservative business-standard.com - Madan Sabnavis For the second time, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) has met before schedule and taken a decision to lower the …
