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.
Tag: International Monetary Fund
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?
Sudanese Protests, After Days of Violence, Turn Anger Over Bread Toward Bashir
President Omar Hassan al-Bashir’s government is facing a crisis of legitimacy, analysts say, with inflation that leaves some Sudanese spending 40 percent of their incomes just on bread.
Ukraine Wins New I.M.F. Support as Tensions Rise With Russia
The International Monetary Fund agreed to a $3.9 billion line of credit for Ukraine, whose economy has struggled with corruption and a conflict with Russia.