The European Union came up with an 11th-hour deal to help Ukraine, but the solution raised questions about the bloc’s decisiveness.
Tag: Credit and Debt
With New E.U. Loan, Ukraine Avoids Budget Crunch and Can Plan War Effort
The loan will cover two-thirds of the country’s financial needs for the next two years. It also bolsters Ukraine’s position in ongoing peace talks.
Small Island Nations Lack Funds to Fight Climate Disasters
As Hurricane Melissa threatens island nations across the Caribbean, many are already burdened by debt from a string of climate-fueled crises.
Bessent Stakes Credibility and Taxpayer Money on Argentina Bet
Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Argentina’s President Vowed to Fix Its Economy. Then Came a Crisis.
President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump has offered him a lifeline.
Anti-Austerity Strikes and Protests Grip France
Barely a week into the job, Prime Minister Sébastien Lecornu faces rising social unrest on top of political deadlock and financial turmoil.
How India Is Trying to Squeeze Pakistan Far From the Battlefield
The nuclear-armed rivals are also wrangling over Pakistan’s access to desperately needed foreign aid, as India explores ways to use its soft power and relationships to bedevil its old enemy.
Global Growth Expected to Sputter Amid Trade War Fallout Fears
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.
IMF Expects Trump’s Tariffs Will Slow Global Economic Growth
The International Monetary Fund expects slower growth and higher inflation in the U.S. as a result of President Trump’s trade policies.