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22 Apr 24
Despite boosting its outlook on the global economy slightly, the International Monetary Fund warned there is no room for complacency among the world’s policymakers at its annual spring meeting with...
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19 Apr 24
Restructuring efforts for two struggling countries’ debts have hit snags as deals with private bondholders flounder.
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4 Apr 24
New deputy secretary-general and Obama administration veteran starts new role
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4 Apr 24
President fires 24,000 workers with more to follow
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28 Mar 24
Youngest-ever leader has pledged to fight corruption
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26 Mar 24
Zambia has moved a step closer to exiting its years-long default after agreeing a restructure deal covering billions of dollars of debt with a group of its private bondholders.
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13 Mar 24
Closing corporate aircraft loophole part of $21.8bn investment plan.
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11 Mar 24
Negotiations and more elections likely after repeat of Spanish polls
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5 Mar 24
Closing the gender gap in the workplace could encourage more women into work and provide a 20% boost to global GDP, the World Bank has said.
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15 Feb 24
New York plans freight shift to achieve net zero
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6 Feb 24
IMF calls for social housing and ‘cleanup’ of distressed developers
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5 Feb 24
Falling inflation could give central banks scope to cut interest rates this year, the OECD has said.
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18 Jan 24
Extreme weather events caused by climate change could lead to $12.5trn of economic losses and 14.5 million extra deaths by 2050 without decisive action to reduce carbon emissions, the World Economic...
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16 Jan 24
Artificial intelligence is likely to widen existing income inequality and will require comprehensive action from policymakers to protect the most vulnerable, the International Monetary Fund has said.
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12 Jan 24
Disadvantaged countries could use UN human rights laws, activists claim
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10 Jan 24
Depressed global growth could leave many developing countries with “paralysing” debt levels that restrict progress on international priorities such as climate change, the World Bank has said.
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5 Jan 24
Accelerating “bold” investments will improve progress on the Sustainable Development Goals and climate targets, and will help boost the world economy’s stagnant growth, the United Nations has said.
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15 Dec 23
Surging interest rates pushed the cost of servicing many of the poorest countries’ debts last year to a record $443.5bn, World Bank figures have shown.
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1 Dec 23
Hundreds of economists and climate experts have asked rich countries to cancel debt for lower income countries, which are often bearing the brunt of the climate crisis while being starved of the...
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17 Nov 23
The UN is set for a showdown over tax evasion, led by African nations.
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20 Oct 23
We publish an edited excerpt from The Paradox of Debt – a New Path to Prosperity Without Crisis by Richard Vague.
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13 Oct 23
“Understandable” frustration from the Global South because of an unfair economic system is risking progress towards a better world, the head of the World Bank has said.
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10 Oct 23
Persistent inflation and the impacts of high interest rates are set to slow growth next year as the global economy continues “limping”, the International Monetary Fund has said.
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19 Sep 23
High interest rates are necessary in advanced economies until inflation is under control, the OECD has said.
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15 Sep 23
An economic slowdown in China and the impact of higher interest rates in Europe and the US will slow global growth next year, Fitch Ratings has said.