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Across the 38-member organisation, interest payments on government debt are swallowing an ever-greater portion of government ...
Chinese industrial companies’ profits declined at the start of the year but showed some signs of improvement, suggesting that government stimulus is having some effect as Beijing doubles down on ...
1546 GMT – Oil prices extend gains in afternoon trade, buoyed by U.S. stockpile draws and U.S. pressure on Iran and Venezuela. Brent crude is up 1.2% to $73.27 a barrel, while WTI rises 1.4% to ...
In South Sudan, one of the world’s poorest countries, the efforts by Musk and ... Already, China has moved to replace the United States as the most visible supporter of Cambodia, and we ...
While exports have resumed, financial fragility persists, particularly for small businesses. The country will need at least $524 billion over the next decade to repair and rebuild the country, which ...
Failing to meet margin calls from lenders, 3AC filed for bankruptcy in the British Virgin Islands. Teneo, overseeing the closure process, accuses founders Zhu and Davies of non-cooperation, ...
The IMF’s appraisal of such policies involves a comprehensive analysis of the general economic situation and policy strategy of each member country. IMF economists visit the member country, usually ...