Treasury Secretary Scott Bessent’s multibillion-dollar bailout of a serial defaulter raises the specter of losses for the United States.
Tag: International Monetary Fund
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.
Lebanon, Ravaged by Israel-Hezbollah War, Needs Changes to Unlock Aid
For years, the country has failed to enact financial and governance overhauls required by lenders. The recent fighting has made that problem urgent.
Mirroring Trump, Milei Pulls Argentina From W.H.O.
President Javier Milei has sought to align Argentina with President Trump, even if it means breaking with previous allies and partners.
Horst Köhler, 81, Former German President and I.M.F. Leader, Dies
He held the ceremonial post of German president after a finance-focused career. Shortly into his second term, he became the first German president in four decades to resign.