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9 Feb 24
Procurement deal with US and a bond buy-back scheme raise profile
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6 Feb 24
Developing countries will be unable to raise the $3trn a year necessary to meet climate change and Sustainable Development Goals without a significant reduction in debt costs, researchers have warned...
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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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2 Feb 24
Finance ministers agreed to the first ever revision of the European Union’s long-term budget to provide €50bn of support to Ukraine.
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2 Feb 24
Gaza’s economic recovery after the war could take up to 70 years without a properly funded support programme, a United Nations agency has warned.
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30 Jan 24
Proposals to set global ethical standards for scrutinising sustainability information will help reduce greenwashing, a watchdog has said.
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30 Jan 24
Billions of euros of research and innovation funding in the 2010s were a “significant driver” of economic growth across Europe, with tangible benefits for future productivity, the European Commission...
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26 Jan 24
Rebuilding damaged infrastructure across eastern Libya following devastating floods could cost around $1.8bn, a joint report from the World Bank, United Nations and European Union has found.
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26 Jan 24
Rising inflation has prompted the Turkish central bank to raise interest rates to 45% as the country continues to reverse its controversial loose monetary policy approach.
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25 Jan 24
Pressures from rising pension commitments and higher interest costs could threaten Italy’s public finances if it does not reduce spending or raise taxes, the OECD has warned.
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23 Jan 24
Creating safe migration routes and supporting people displaced by climate change and military conflicts will cost almost $8bn this year, the UN’s International Organization for Migration has said.
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23 Jan 24
Fitch predicts interest rate cuts due this year.
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22 Jan 24
Ghana will receive $600m (£470m) of concessional loan support from the International Monetary Fund after the nation reached a preliminary agreement to restructure billions of dollars of debt.
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19 Jan 24
A sharp increase in borrowing costs will continue to weaken Egypt’s public finances and contributed to ratings agency Moody’s lowering its credit outlook.
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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
Ratings agency delivers its own ‘Blue Monday’ warning post-Covid recovery facing risks including war.
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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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16 Jan 24
A preliminary deal to restructure Ghana's bilateral debt could unlock almost $1.2bn of concessional finance to invest in “critical” public infrastructure, the nation’s Ministry of Finance has said.
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12 Jan 24
Disadvantaged countries could use UN human rights laws, activists claim
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12 Jan 24
The new Argentinian government’s promise to deliver economic reforms has led the International Monetary Fund to move towards releasing $4.7bn of concessional finance.
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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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9 Jan 24
First stage of sign-off reduces threat of shut-down
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9 Jan 24
Six advanced economies have confirmed a three-year suspension of debt servicing costs to Ukraine and urged other creditors to follow suit.
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9 Jan 24
Higher borrowing costs and slower economic growth will likely see the Hungarian government fail to reduce its debt this year under current plans, the nation’s fiscal council has warned.