Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.
Tag: International Monetary Fund
U.S. Raises New Concerns Over Chinese Lending Practices
A Treasury official will call for greater transparency over emergency currency “swap” loans to struggling countries by China’s central bank.
What It’s Like in Egypt as Energy Crisis Prompts Early Shop Closures
It’s so hot in Cairo that people like to go out all night. It might look like a party, but in reality, one shopkeeper said, “everybody is dead on the inside.”
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.
Ukraine Strikes Debt Restructuring Deal With Creditors
The deal with private bondholders will help preserve Kyiv’s limited state budget, which is crucial to fund its military. An agreement to suspend debt payments was to expire on Aug. 1.
I.M.F. Sees Signs of Cooling in U.S. Economy
The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
Scaled-Back but Determined Protests in Kenya Call for President to Resign
The demonstrations were held despite his withdrawal of the tax bill that sparked days of protests. Some activists, fearing more bloodshed, warned people not to march to the president’s official residence.
Kenya Protesters Call for President to Resign Despite His Withdrawal of the Tax Bill
The demonstrations were held despite his withdrawal of the tax bill that sparked days of protests. Some activists, fearing more bloodshed, warned people not to march to the president’s official residence.
U.K. Inflation Falls to 2.3%, Lowest in 3 Years
The decline, which was less than economists expected, is nearing the Bank of England’s 2 percent target.