Category: International Monetary Fund

Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

The New York Times – Business:
The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering

The New York Times – Business:
Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
U.K. Economy Sputters and Barely Avoids a Recession

The New York Times – Business:
Economic growth was unchanged in the fourth quarter, and slow expansion is expected in the years ahead.
Why Stripe Is Raising Money at a Lower Valuation

The New York Times – Business:
Stripe’s plan to raise billions at a lower valuation underlines the challenges facing start-ups seeking money as the market for initial public offerings stays shut.
IMF Upgrades Global Economic Outlook as Inflation Eases

The New York Times – Business:
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
I.M.F. Sees World Economy ‘Bottoming Out’ in 2023

The New York Times – Business:
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
Defaults Loom as Poor Countries Face an Economic Storm

The New York Times – Business:
Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.
David Lipton, Economic Diplomat, Will Step Down From Treasury

The New York Times – Business:
Mr. Lipton, who served in senior roles in the Clinton and Obama administrations and at the I.M.F., is retiring.
World Leaders Meet as Global Economy Faces Multiple Threats

The New York Times – Business:
High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.
U.K. Inflation Rises to 10.1 Percent, Driven by Food Prices

The New York Times – Business:
After easing slightly the previous month, inflation continued rising in September, heightening the country’s cost-of-living crisis.
Lessons From Liz Truss’s Handling of U.K. Inflation

The New York Times – Business:
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

The New York Times – Business:
Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.