The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
Author: ALAN RAPPEPORT
Yellen Encourages Vaccinations in China as Covid Restrictions Slow Growth
With China’s strict pandemic policies stalling the economy at home and globally, Treasury Secretary Janet Yellen said American mRNA vaccines are at the ready.
North Korea Sending Ammunition to Russia for War, White House Says
The national security spokesman, John Kirby, said that it was unclear if the munitions had reached Russia, but that in any case, they would not “change the course of the war.”
Biden Expands Effort to Lower Gas Prices and Secure Energy Independence
Depleting emergency oil reserves spurs criticism that the White House is trying to lower gas prices with midterm election politics in mind.
Biden Warns Russia That the West Will Not Recognize Putin’s Actions
The president also said that Mr. Putin should not dare to take his fight into NATO territory, underscoring the unity among the alliance.
Biden Administration’s Bid to Cap Russia Oil Prices Faces Resistance
The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.
The Global Minimum Tax Deal Is in Trouble
A global agreement to increase taxes on corporations is in jeopardy.
G7 Nations Pledge $20 Billion to Ukraine
Financing will be directed to keep government operations running amid the Russian war.