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.
Tag: International Monetary Fund
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.
The Global Turn Away From Free-Market Policies Worries Economists
More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.
Panama’s 2024 Election: What to Know
Political crisis has embroiled Panama’s May 5 presidential election, exacerbating uncertainty in a country dealing with drought and fallout from widespread protests.
I.M.F. Agrees to Much Larger Rescue Package for Egypt
The International Monetary Fund will provide $8 billion to Egypt, which is going through its worst economic crisis in decades.
Gold Speculation Rife in Egypt Amid Economic Crisis
Clamor for the precious metal is growing as the buying power of the country’s currency plunges in value against the dollar, and inflation eats away at savings.