The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
Category: World Bank
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I.M.F. Lowers Growth Outlook Amid Financial System Tremors
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
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IMF Lowers Growth Outlook Amid Financial System Tremors
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
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What Next for Banks?
The wider reverberations from the collapse of Silicon Valley Bank will be felt for some time, and investors are watching for new signs of trouble.
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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
The New York Times – Business:Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
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Biden’s World Bank Pick Looks to Link Climate and Development Goals
The New York Times – Business:Ajay Banga will begin a monthlong “global listening tour” to drum up support for his nomination to be the bank’s next president.
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U.S. Expected to Nominate New Head of World Bank on Thursday
The New York Times – Business:The Biden administration wants the global development institution to pursue a more ambitious climate agenda.
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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.
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Herman Daly, 84, Who Challenged the Economic Gospel of Growth, Dies
The New York Times – Business:Perhaps the best-known ecological economist, he faulted his mainstream peers for failing to account for the environmental harm growth can bring.