UN chief Antonio Guterres denounced Wednesday a global financial system where nearly half the world’s people live in countries whose governments spend more on debt than education or health. “Half…
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UN chief Antonio Guterres denounced Wednesday a global financial system where nearly half the world’s people live in countries whose governments spend more on debt than education or health. “Half…
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The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic worries and geopolitical…
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The slow rollout of coronavirus vaccines will cost the global economy $2.3 trillion in lost output, a report released Wednesday found. The Economist Intelligence Unit’s study found that emerging and…
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The board of governors of the International Monetary Fund on Monday greenlit increasing the institution’s lending capacity by $650 billion, the last step in approving an initiative to boost aid…
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The global economy will expand by six percent this year, but disparities between nations are widening as advanced economies accelerate while developing countries fall behind, the IMF said Tuesday. While…
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