The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
Category: International Monetary Fund
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Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan
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.
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War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
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.
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U.K. Economy Sputters and Barely Avoids a Recession
Economic growth was unchanged in the fourth quarter, and slow expansion is expected in the years ahead.
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Why Stripe Is Raising Money at a Lower Valuation
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.
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IMF Upgrades Global Economic Outlook as Inflation Eases
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
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I.M.F. Sees World Economy ‘Bottoming Out’ in 2023
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
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Defaults Loom as Poor Countries Face an Economic Storm
Debt-relief efforts are stalling as developing economies are being hit by higher interest rates, a strong dollar and slowing global growth.
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David Lipton, Economic Diplomat, Will Step Down From Treasury
Mr. Lipton, who served in senior roles in the Clinton and Obama administrations and at the I.M.F., is retiring.
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U.K. Inflation Rises to 10.1 Percent, Driven by Food Prices
After easing slightly the previous month, inflation continued rising in September, heightening the country’s cost-of-living crisis.
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Lessons From Liz Truss’s Handling of U.K. Inflation
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.