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28 Apr 22
The Central African Republic has become the second country to make the cryptocurrency Bitcoin legal tender, following El Salvador’s move last year that faced criticism from global institutions.
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26 Apr 22
Sovereign wealth funds have become more risk averse with their investment, as they seek a safe haven for cash amid rising geopolitical tensions, according to an industry body.
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25 Apr 22
Governments spent more than ever before on their militaries last year, with total spending reaching an all-time high after seven consecutive years of growth.
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20 Apr 22
Supply chain constraints exacerbated by the Russian invasion of Ukraine will mean that global GDP will undershoot initial forecasts, according to the International Monetary Fund.
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20 Apr 22
The World Bank is drawing up plans for a $170m medium-term crisis package to tackle the fallout from the Ukrainian invasion, Covid-19 and climate change – but admitted its ability to deal with future...
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19 Apr 22
The yen tumbled to its weakest performance against the US dollar in 20-years, as the Bank of Japan continues to stand by its yield cap on government bonds.
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19 Apr 22
A record amount of sovereign debt held by banks in emerging economies puts poorer countries at risk of a “doom loop” leading to government defaults, according to IMF economists.
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14 Apr 22
A shortage of workers across the global economy could pose some big challenges for governments.
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13 Apr 22
Global economic growth will slow to less than 3% in 2022, due to supply chain constraints stemming from Russia’s invasion of Ukraine, according to the World Trade Organisation.
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12 Apr 22
Could the impact of Covid-19 on land prices scupper models designed to capture the uplift in values brought about by development?
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11 Apr 22
Russia’s foreign-currency rating has been cut to ‘selective default’ after the government made payments on its dollar-denominated debt in rubles in an attempt to skirt international sanctions...
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8 Apr 22
Lebanon and the International Monetary Fund have agreed on a $3bn reform programme seen by many as vital to help turn the crisis-stricken Middle-Eastern economy around.
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7 Apr 22
The International Monetary Fund has cut its projections for Japan’s GDP growth amid Russia’s ongoing invasion of Ukraine, which it said has increased commodity prices and global economic uncertainty.
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6 Apr 22
The US Federal Reserve is set to rapidly reduce its balance sheet and continue to hike interest rates, as it seeks to tame soaring inflation, according to a senior official at the bank.
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6 Apr 22
Governments remain set to borrow nearly a third more this year than they did before the Covid-19 as the pandemic, inflation and geopolitical concerns keep the economy on shaky footing, analysts have...
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4 Apr 22
Developing nations in Europe, the Middle East and Africa would be at greatest risk should inflation surges trigger stagflation in the global economy, according to ratings agency Fitch.
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1 Apr 22
Economic sanctions on Russia following its invasion of Ukraine could wipe 10% off the nation's GDP this year, according to a multilateral development bank.
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30 Mar 22
The yen has fallen to six-year lows following the Bank of Japan’s decision to stand by its yield cap on government bonds, and increase its stock of gilts.
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28 Mar 22
Rating agency S&P Global has cut its growth forecasts and raised its inflation predictions for the Asia Pacific region as its confidence in the post-coronavirus recovery falters.
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28 Mar 22
Argentina’s $44bn debt deal has been finalised by the International Monetary Fund, but the board said the programme faces “exceptionally high” risks and might need changing.
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25 Mar 22
Egypt has formally requested a programme deal with the International Monetary Fund to help brace the economy and public finances against the effects of Russia’s invasion of Ukraine.
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25 Mar 22
G7 leaders have announced a crackdown on the Russian central bank’s ability to sell its gold reserves to prop up the rouble, as they draw up fresh efforts to stop Vladimir Putin’s government getting...
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21 Mar 22
Supply chain issues stemming from the Ukrainian invasion is set to hinder Europe and hit global economic growth this year, according to ratings agency Fitch.
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18 Mar 22
The economic damage caused by Russia’s invasion of Ukraine could take more than one percentage point off global GDP growth this year, according to the OECD.
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17 Mar 22
The US Federal Reserve has raised interest rates for the first time in almost four years, as the nation attempts to mitigate the risks of soaring inflation.