The demonstrations were held despite his withdrawal of the tax bill that sparked days of protests. Some activists, fearing more bloodshed, warned people not to march to the president’s official residence.
Tag: International Monetary Fund
Scaled-Back but Determined Protests in Kenya Call for President to Resign
The demonstrations were held despite his withdrawal of the tax bill that sparked days of protests. Some activists, fearing more bloodshed, warned people not to march to the president’s official residence.
U.K. Inflation Falls to 2.3%, Lowest in 3 Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.
The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
Panama’s 2024 Election: What to Know
Political crisis has embroiled Panama’s May 5 presidential election, exacerbating uncertainty in a country dealing with drought and fallout from widespread protests.
I.M.F. Agrees to Much Larger Rescue Package for Egypt
The International Monetary Fund will provide $8 billion to Egypt, which is going through its worst economic crisis in decades.
Gold Speculation Rife in Egypt Amid Economic Crisis
Clamor for the precious metal is growing as the buying power of the country’s currency plunges in value against the dollar, and inflation eats away at savings.
Ukraine Worries About Losing Its Biggest Weapon: U.S. Military Aid
Without it, Kyiv could hold out for part of the year, one expert said, but would then begin losing the war.
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
Grateful for E.U. Aid, Ukraine Now Waits for the United States
The E.U. package of about $54 billion will be spent on nonmilitary expenses, like pensions, payments to displaced people and paying teachers and doctors.