The IMF has revised its global economic outlook upwards. Norberto Duarte | Afp | Getty Images The International Monetary Fund on Monday revised upward its global growth projections for the year, but w...
Tag: International Monetary Fund
Small Business Optimism Is At A Six-Month Low — How This Impacts Main Street And Wall Street
Getty Images Key takeaways According to the NFIB’s Small Business Optimism Index, the outlook of small business owners is down to its lowest in six months, when inflation was at a pandemic-era high. T...
Middle East And Central Asia Face Renewable Energy Bill Of Up To $884 Billion, Says IMF
Solar panels with sunset and blue sky background. Clean power energy concept getty Countries in the Middle East and Central Asia may have to spend $884 billion on developing renewable energy plants be...
Strong Dollar Is ‘Wrecking’ Asia’s 2023 Hopes, Too
getty When lexicographers make lists of the top phrases of 2022, the “wrecking ball” moniker economists attached to the dollar is sure to rank prominently. A dominant theme of the first 10-plus months...
Haiti Riots Triggered By IMF Advice To Cut Fuel Subsidies
PORT AU PRINCE, HAITI – SEPTEMBER 13: Demonstrators set fire during a protest against the rising … [+] gasoline prices in Port-au-Prince, Haiti, September 13, 2022. (Photo by Georges Harry...
IMF Warns Of ‘Gloomy Outlook’ For Global Economy, Slashing Growth Estimates
Topline The International Monetary Fund warned on Tuesday of a slowdown in global economic growth as the world economy continues to take a hit from “increasingly gloomy developments in 2022,” includin...
What’s Happening in Sri Lanka? What to Know About the Protests and Economic Crisis
Sri Lanka’s sovereign-debt crisis has crippled its economy and sparked months of political turmoil and public unrest. With its foreign reserves drained to near zero, the South Asian nation fell into d...
Neighbors In Crisis, Uzbekistan Shifts Focus To Investment
President of Uzbekistan Shavkat Mirziyoyev, center, takes a tour of the Capitol Rotunda with Rep. … [+] Trent Kelly, right, on May 17, 2018. (Photo By Tom Williams/CQ Roll Call) CQ-Roll Call, In...
IMF Sounds Alarm On ‘Significant Slowdown’ As Ukraine War And Inflation Slam Global Economies
Topline The International Monetary Fund warned on Tuesday that global economic growth will be “severely set back” by the fallout from Russia’s war with Ukraine, the effects of which will be felt “far ...
Biden’s Bitcoin Regulations And The Threat Of Higher Taxes For Crypto
What will President Biden say about Bitcoin and digital assets? It’s hard to find his comments on … [+] it. But next month, the market will know exactly what he thinks about it. KMR Images...
Fed Readies March Interest Rate Hike To Fight Inflation Surge Despite Stock Market Plunge
Topline In an effort to combat a decades-high surge in inflation, the Federal Reserve will move to raise interest rates “soon,” officials said at the end of a two-day policy meeting Wednesday—a largel...
IMF Believes In Bitcoin Wallet For El Salvador But Not Legal Tender Status
In a press release today, the International Monetary Fund (IMF) Executive Board (Board) concluded a 2021 ‘Article IV Consultation’ with El Salvador, where recommendations on the country’s economic pol...
Drop bitcoin as legal tender, IMF urges El Salvador
A woman vends by a sign that reads, “Bitcoin accepted here”, outside a store where the cryptocurrency is accepted as a payment method in San Salvador, El Salvador September 24, 2021. Jose ...