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Search Result for “IMF”

Showing 1 - 10 of 302

WORLD

Sri Lanka issues landslide warnings as cyclone toll hits 618

AFP, Published on 07/12/2025

» COLOMBO - Sri Lankan authorities issued fresh landslide warnings on Sunday with rains lashing areas already devastated by a powerful cyclone, as the death toll rose to 618.

WORLD

US working on new $20bn 'facility' for Argentina

AFP, Published on 16/10/2025

» WASHINGTON - US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy.

WORLD

IMF lifts 2025 growth forecast on 'fragile' easing in trade tensions

AFP, Published on 29/07/2025

» WASHINGTON - The IMF raised its global growth forecast Tuesday as efforts to circumvent Donald Trump's sweeping tariffs sparked a bigger-than-expected surge in trade, while the US president stepped back from some of his harshest threats.

WORLD

Violence-hit Ecuador chooses next president

AFP, Published on 09/02/2025

» QUITO - Some 14 million Ecuadorans began voting Sunday to decide who will lead their violence-wracked Andean nation through its worst crisis in half a century.

WORLD

Ex-IMF chief Rato gets four-year jail term in Spain for tax crimes

AFP, Published on 20/12/2024

» MADRID - A Madrid court sentenced ex-IMF chief and Spanish economy minister Rodrigo Rato to more than four years in prison for tax crimes, money laundering and corruption, it said Friday.

WORLD

El Salvador plans to sell or shut its crypto wallet

AFP, Published on 20/12/2024

» SAN SALVADOR - El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official said Thursday.

WORLD

How a country’s economy was looted dry by politicians

New York Times, Published on 04/12/2024

» DHAKA - The new governor of Bangladesh’s central bank, Ahsan Mansur, calculates that about US$17 billion was looted from the country’s financial system by politicians in the 15 years before the government of Sheikh Hasina collapsed in August.

WORLD

Leftists sweep Sri Lankan parliamentary poll

Reuters and Kyodo News, Published on 15/11/2024

» COLOMBO - The sweeping election win by the coalition of Sri Lankan President Anura Kumara Dissanayake has underlined widening support for his leftist policies, but he faces the test of steering the recovery from a financial crisis with an inexperienced set of lawmakers.

WORLD

Can Brazil save the Amazon rainforest? Marina Silva is trying

Bloomberg News, Published on 09/11/2024

» WASHINGTON — When the United Nations (UN) climate conference COP29 kicks off Monday in Baku, Azerbaijan, attendees will be grappling with the re-election of former United States President Donald Trump. Countries will try to find a path forward that bypasses Trump, who is hostile to emissions-cutting policies and has vowed to pull the country back out of the Paris accord.

WORLD

Rajapaksa scion running for president of Sri Lanka

Bloomberg and Reuters, Published on 07/08/2024

» COLOMBIA - A scion of the powerful Rajapaksa clan is running for the presidency of Sri Lanka in elections next month, more than two years after his populist uncle had to flee the country and resign amid an economic crisis.