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1 Sep 21
Israel’s state comptroller has criticised former prime minister Benjamin Netanyahu’s management of the Covid-19 crisis, including the nation’s inability to set a national budget.
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31 Aug 21
The US Congress should introduce explicit financial stability objectives for government agencies to help avoid a new financial crisis, according to a former senior Federal Reserve official.
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27 Aug 21
The Bank of Korea has raised its base rate for the first time since the outset of the Covid-19 pandemic, becoming the first central bank to do so among the large Asian economies.
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25 Aug 21
A worldwide rebound in oil prices, and a new International Monetary Fund programme contributed to a credit rating upgrade for Gabon, according to ratings agency Fitch.
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24 Aug 21
The largest ever allocation of the International Monetary Fund’s Special Drawing Rights has come into effect, effectively boosting member governments’ reserves to increase liquidity during the...
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24 Aug 21
The US government’s $1trn infrastructure fund is expected to provide a net $700bn boost to its economy, according to ratings agency Standard and Poor’s.
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23 Aug 21
The first Covid-19 outbreak in months and rising case numbers are not enough to warrant changing the course of monetary policy, senior figures in New Zealand’s central bank have said.
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18 Aug 21
Increased debt in many economies resulting from the Covid-19 pandemic may lead to increased financial risks in the future, according to ratings agency Fitch.
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17 Aug 21
Thailand's central bank chief has called on the government to invest a further 1trn baht ($30bn) into fighting Covid-19, as restrictions continue to affect the economy.
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16 Aug 21
Ireland’s economy has better weathered shocks than expected, according to rating agency Moody’s, as it raised its outlook for the country's rating from stable to positive.
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12 Aug 21
The US Federal Reserve could explore reducing asset purchases later this year, as the nation emerges from Covid-19, according to one of the central bank’s chiefs.
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12 Aug 21
Weak medium-term growth means the Japanese government faces a challenge to bring down its sky-high public debt, rating agency Fitch has said.
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12 Aug 21
The pace of larger economies' economic recovery from Covid-19 has slowed in recent months, according to analysis for the OECD.
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9 Aug 21
New waves of Covid-19 have highlighted the urgency of getting more vaccine doses to people in the Asia Pacific region, the Asian Development Bank has said.
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9 Aug 21
Stimulus is a “more appropriate instrument” than quantitative easing to aid the economic hit of regional Covid-19 lockdowns in Australia, according to the governor of its central bank.
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3 Aug 21
The Rwandan government has taken advantage of low interest rates to issue a $620m bond, its second foreign currency sale.
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2 Aug 21
Disagreements between Hungary and the European Union over compliance with EU law is unlikely to “completely jeopardise” access to Covid-19 recovery funds, according to rating’s agency Fitch.
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30 Jul 21
Sanctions and Covid-19 have led North Korea’s economy to its biggest contraction in more than two decades, according to South Korea’s central bank.
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30 Jul 21
New Lebanese prime minister Najib Mikati said this week that only a unified approach will help the nation recover from one of the greatest crises in modern history.
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28 Jul 21
Highly infectious new strains of Covid-19 could scupper the economic recovery and take as much as $4.5trn off of global GDP by 2025, the International Monetary Fund’s chief economist has warned.
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27 Jul 21
Myanmar’s economy could be 30% worse off due to the impact of political turmoil and Covid-19 on development progress, according to the World Bank Group.
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26 Jul 21
Treasury Secretary Janet Yellen has confirmed that debt limits will be reimposed on US local government next month, to prevent a historic default on repayments following Covid-19.
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23 Jul 21
The International Monetary Fund has approved a 45% increase on normal limits of financing for lower income nations, to help with the Covid-19 recoveries.
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20 Jul 21
Almost three quarters of local and regional governments around the globe could see budget gaps open in the short-term due to Covid-19 pressures, according to ratings agency Standard and Poor’s.
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15 Jul 21
An ongoing third wave of Covid-19 cases has caused the World Bank to lower its growth projections for Thailand, which it said needs to maintain its support for the most in need.