Junk-rated dollar debt from developing nations is attracting fresh bets from money managers at UBS Asset Management, Lazard ...

I n 1971 John Connally, then the American treasury secretary, told his European counterparts that the dollar was “our currency, but your problem”. Over the following half-cent ...

The move is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in ...

President William Ruto’s Economic Adviser David Ndii has advised him to stop taking more loans from the International ...

China's top legislative body, the standing committee of the National People's Congress (NPC), approved a bill on raising ...

International Monetary Fund data shows the global economy has stabilized since the pandemic shock four and a half years ago.

On November 4, 2024, the Executive Board of the International Monetary Fund (IMF) concluded the 2024 Article IV Consultation1 with Lao People’s Democratic Republic.

The spread of AI could ultimately displace between 1 million and 3 million jobs in the U.K., according to estimates from the ...

The Chinese government on Friday approved a $1.4 trillion plan to revive the economy, authorizing local governments to ...

They comprise foreign currency, Special Drawing Rights (SDRs), a reserve position in the International Monetary Fund and monetary gold. After the start of the Russian special operation in Ukraine, ...

Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by ...

In October, foreign exchange reserves decreased by 2.33% to $423.874 billion, and the value of monetary gold in reserves increased by 3.97% to $207.699 billion ...