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.
Tag: International Monetary Fund
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?
E.U. Names Germany’s Defense Minister President of European Commission
European Union leaders nominated Ursula von der Leyen, Germany’s defense minister, for arguably the most powerful position in Brussels: president of the European Commission.
Pakistan to Accept $6 Billion Bailout From I.M.F.
Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s economy facing a crisis.
Pakistan Premier: ‘No Use’ for Armed Militias Anymore
Imran Khan, praised for his statesmanlike handling of a recent standoff with India, said Pakistan can’t allow the powerful groups to operate any longer.
Imran Khan Calls for Vast Anti-Poverty Plan, but Money Is Tight
The Pakistani leader envisions the foundation of a welfare state. But he has not yet come close to turning the country’s debt crisis around to pay for it.
The African Currency at the Center of a European Dispute
What is the French-backed currency, the C.F.A. franc, used by 14 nations in western and central Africa?