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11 Aug 22
The United Nations has nearly doubled its request for donations to help its aid workers continue to assist those displaced by the Russian invasion.
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9 Aug 22
Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
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27 Jul 22
The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
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26 Jul 22
The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
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25 Jul 22
A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
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19 Jul 22
Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
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19 Jul 22
Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
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18 Jul 22
The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
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15 Jul 22
As the war in Ukraine continues, local authorities throughout Europe face unique challenges as more than 12 million refugees seek sanctuary.
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5 Jul 22
Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s invasion, suggesting that more than half of it could be funded with seized Russian assets.
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1 Jul 22
Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine and the resulting international sanctions.
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14 Jun 22
Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
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13 Jun 22
Ukraine’s finance minister has said his government is in talks with the International Monetary Fund about a new programme to help the country’s beleaguered public finances through the war with Russia.
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7 Jun 22
German parliamentarians have approved the creation of a €100bn special defence fund aimed at modernising the country’s military in response to Russia’s invasion of Ukraine.
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26 May 22
Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
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23 May 22
The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
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23 May 22
The European Commission’s proposals to reduce its reliance on Russian gas could push the continent into recession if supply fails to keep up with demand, according to one ratings agency.
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19 May 22
The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
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13 May 22
The level of remittances to low-and-middle-income nations is expected to hit $630bn this year, fuelled by increased funding to Ukraine following February’s invasion, according to the World Bank Group...
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12 May 22
Politicians have rushed to promise to rid public bodies of their Russian holdings, leaving officers wrestling with practical difficulties.
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5 May 22
The Russian government made a last-ditch dollar payment on two sovereign bonds, avoiding a historic debt default, according to reports.
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5 May 22
The European Commission has proposed a complete ban on importing Russian oil in response to the continuing war in Ukraine, but face warnings it could harm the European economy more than Russia’s.
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29 Apr 22
The European Central Bank has blamed soaring energy prices for its misjudgement of inflation, after its projections for the beginning of 2022 turned out to be the least accurate it has ever made.
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28 Apr 22
Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
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27 Apr 22
The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
11 Aug 22The United Nations has nearly doubled its request for donations to help its aid workers continue to assist those displaced by the Russian invasion.
9 Aug 22Russia’s invasion of Ukraine has “materially hit” the outlook for Estonia’s public finances and economy, ratings agency Fitch has said while warning the government not to lose its focus on fiscal...
27 Jul 22The International Monetary Fund has warned that further economic disruption linked to the war in Ukraine or future waves of Covid-19 could push the world economy into recession as it published its...
26 Jul 22The Russian central bank has slashed interest rates by 1.5 percentage points because subdued customer demand has led to reduced inflation.
25 Jul 22A complete and permanent shutoff of Russian gas into Europe would take close to 3% off Germany’s forecast economic activity next year, the International Monetary Fund has said.
19 Jul 22Does Russia’s invasion of Ukraine mean that governments around the world are set to spend more on defence over coming years? And, if they do, what are the implications for public spending in other...
19 Jul 22Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus technically defaulting in the eyes of ratings agencies Fitch and Moody’s.
18 Jul 22The Ukrainian government needs $9bn of aid per month to keep public finances going in the nation whose economy, as well as its land and cities, has been ravaged as a result of the Russian invasion, a...
15 Jul 22As the war in Ukraine continues, local authorities throughout Europe face unique challenges as more than 12 million refugees seek sanctuary.
14 Jun 22Russia’s invasion of Ukraine could speed efforts to decarbonise Western energy supplies. But how will governments recoup lost tax income from fossil fuel?
26 May 22Uganda is resisting calls to subsidise or cut taxes on imports of fuel and wheat despite rising prices hurting households, with the president saying that to do so would be economically “suicidal”.
23 May 22The Ukrainian government’s credit rating has slumped further into junk status due to the unsustainable debt levels brought on by the costly Russian invasion.
23 May 22The European Commission’s proposals to reduce its reliance on Russian gas could push the continent into recession if supply fails to keep up with demand, according to one ratings agency.
19 May 22The Ukrainian government will require significant financial support in the coming months to close budget gaps and maintain services, US Treasury secretary Janet Yellen has said during a visit to...
12 May 22Politicians have rushed to promise to rid public bodies of their Russian holdings, leaving officers wrestling with practical difficulties.
5 May 22The European Commission has proposed a complete ban on importing Russian oil in response to the continuing war in Ukraine, but face warnings it could harm the European economy more than Russia’s.
29 Apr 22The European Central Bank has blamed soaring energy prices for its misjudgement of inflation, after its projections for the beginning of 2022 turned out to be the least accurate it has ever made.
28 Apr 22Georgia’s land border with Russia and risk of military aggression is a credit negative for the former Soviet state and could impact future ratings, according to Moody’s.
27 Apr 22The World Bank has warned that historically high prices of food and energy could last until the end of 2024, and urged governments to build up safety nets for vulnerable citizens.
