Iran, devastated by the coronavirus, is asking the U.S. to lift sanctions on humanitarian grounds. U.S. officials say sanctions aren’t to blame; Iran is.
Tag: International Monetary Fund
Oil Prices Crash, Virus Hits, Commerce Stops: Iraq Is in Trouble.
Iraq depends on oil revenues, which have plummeted. The country is so desperate it is asking for donations to help it weather the pandemic.
Lebanon Will Default on Foreign Debt Payment Amid Deepening Economic Crisis
The decision will appease protesters who have clamored for the government to prioritize domestic concerns. But it does little to solve the nation’s financial woes.
Ukrainian Political Shake-up Involves Figures in U.S. Impeachment
A personnel shuffle by President Volodymyr Zelensky could be felt in United States politics, but appears to stem from a domestic dispute between the government and a controversial oligarch.
Ukraine’s President Said He’d Fight Corruption. Resistance Is Fierce.
For Volodymyr Zelensky, taking on the oligarchs and organized crime is a domestic test with geopolitical consequences.
A Ukrainian Billionaire Fought Russia. Now He’s Ready to Embrace It.
Ihor Kolomoisky may be Ukraine’s most powerful businessman. With the impeachment spectacle rattling Kiev, he says it is time to give up on the West and rebuild ties with Moscow.
Pocketbook Woes Drive an Unlikely Comeback in Argentine Presidential Race
President Mauricio Macri rose to office with a promise that free markets would wrest Argentina from its boom-and-bust cycle. But with the country in recession, voters may now turn to an archrival.
Deal Struck in Ecuador to Cancel Austerity Package and End Protests
Under the agreement, the president pledged to withdraw from an I.M.F.-backed program that raised fuel prices, and Indigenous leaders agreed to call off more protests.
Two Blows Are Dealt to Ukrainian Leader’s Clean-Government Image
In a setback for President Volodymyr Zelensky, international lenders criticized government corruption and left Kiev without a deal. A top aide also stepped down.
Christine Lagarde Faces a New Challenge in Europe
She’s run the I.M.F. She’s a lawyer. She’s not an economist. Does that matter as she prepares to lead the European Central Bank?