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The Debt Problem Is Enormous, and the System for Fixing It Is Broken

Banking and Financial Institutions Barbados China Developing Countries Economic Conditions and Trends Foreign Investments Global Warming Gopinath, Gita Income Inequality Interest Rates International Monetary Fund International Relations International Trade and World Market Martin Guzman Mottley, Mia Poverty Russia United States World Bank

The Debt Problem Is Enormous, and the System for Fixing It Is Broken

Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.

By Patricia Cohen

World Bank President Ajay Banga Addresses Climate Change

Banga, Ajay Banking and Financial Institutions Developing Countries Disasters and Emergencies Dubai (United Arab Emirates) Global Warming Greenhouse Gas Emissions International Monetary Fund Malpass, David Poverty United Nations Framework Convention on Climate Change World Bank

World Bank President Ajay Banga Addresses Climate Change

Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.

By David Gelles

Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed

Banking and Financial Institutions Credit and Debt Federal Reserve System Government Bonds Inflation (Economics) Interest Rates International Monetary Fund Powell, Jerome H Prices (Fares, Fees and Rates)

Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed

Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.

By Jeanna Smialek

China Finance and Real Estate Sectors Threaten Economy, I.M.F. Says

China Economic Conditions and Trends Foreign Investments Gopinath, Gita International Monetary Fund International Trade and World Market

China Finance and Real Estate Sectors Threaten Economy, I.M.F. Says

The International Monetary Fund warned of risks from overstretched lenders and developers even as it raised economic growth forecasts for this year and next.

By Keith Bradsher and Alexandra Stevenson