The cost of borrowing is already choking crucial public spending in many developing economies. Now it’s raising broader alarms.
Tag: International Monetary Fund
I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades
The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
Javier Milei’s Party Triumphs in Argentina Midterm Election
The result, which gives Mr. Milei enough legislative support to keep his vetoes from being overturned, showed that many voters still back the president’s libertarian experiment.
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.
U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
U.S. Pledges Support for Argentina’s Economy and Javier Milei
Treasury Secretary Scott Bessent said “all options” are under consideration to help President Javier Milei.
Nemat Shafik, Columbia President During Protests, Takes Another Tough Job
Dr. Shafik, who came under fire for her handling of pro-Palestinian campus protests last year, is now the chief economic adviser to Britain’s prime minister.
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.