For years, Western banks have been closing branches throughout the South Pacific. State-owned Bank of China has shown it’s ...
Record-breaking profits, trillions in investment and expansion plans that will push the planet beyond 1.5 degrees Celsius warming — what's driving this surge in fossil fuel projects?
Artificial Intelligence has taken over the world and now many industries are implementing AI in their workplaces. The ...
In September 2023, after 73 years, the Central Bank of Sri Lanka (CBSL) gained formal independence with the enactment of the ...
The Australian market ended lower on Friday, following a sell-off on Wall Street as shares of tech giants Microsoft and Meta ...
Latvia’s 9.5 million euro ($10.3 million)pledge was an increase of 60% over previous contributions to the fund. Spain pledged 400 million euros ($433 million) in a 37% increase on Thursday, while ...
During a press conference at the IMF and World Bank Annual Meetings in Washington, D.C., Abebe Selassie, the IMF’s African Region Director, said the removal of fuel subsidy by the Nigerian ...
Nigeria Labour Congress, NLC, has dismissed the International Monetary Fund, IMF, denial of any role in Nigeria government’s removal of petrol subsidy and the implementation of other anti-people ...
Looking beyond the one-year outlook, the global economy faces a feeble period of medium-term growth, the IMF said as it called for a slate of reforms in its latest WEO during the annual meetings ...
Try refreshing your browser, or tap here to see other videos from our team. Compared with its last round of predictions six months ago, the IMF now expects a bigger share of growth over the next five ...
In its latest assessment of the global economy, the IMF predicted that worldwide inflation will cool from 6.7 percent last year to 5.8 percent this year and to 4.3 percent in 2025. It estimates ...
The International Monetary Fund projects global headline inflation will fall to 3.5% year over year by the end of 2025 from 5.8% in 2024 Rising market volatility was among the risks the agency ...