The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
Tag: International Monetary Fund
Your Wednesday Briefing: China, Japan Divided on Ukraine
Also, an I.M.F. loan to Sri Lanka and the Japan-U.S. final in the World Baseball Classic.
Blinken Calls for ‘Accountability’ on War Crimes in Ethiopia
Secretary of State Antony J. Blinken walked a careful line during a visit to Ethiopia as the Biden administration reassesses relations with the prime minister, Abiy Ahmed.
War in Ukraine Deepens Divide Among Major Economies at G20 Gathering
Treasury Secretary Janet L. Yellen urged her counterparts at a summit in India to condemn Russia’s actions, and she defended the cost of supplying aid to Kyiv.
Your Wednesday Briefing: China Rebounds
Also, Russia’s resilient economy and Sri Lanka’s enduring struggle.
IMF Upgrades Global Economic Outlook as Inflation Eases
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.
Inflation Is So High in Egypt That Eggs Are a Luxury
After months of punishing inflation and a plummeting currency, Egyptians are growing louder about the crisis. In exchange for a bailout, the I.M.F. is imposing stern conditions on the government.
U.S. Recognition of Tiny Pacific Country Reshapes Its New Zealand Ties
The American move to recognize the Cook Islands as a sovereign state is evidence of how the U.S.-China competition is realigning Pacific politics.
World Leaders Meet as Global Economy Faces Multiple Threats
High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.
At COP27, Plans to Overhaul the IMF and World Bank Gain Traction
As global warming delivers cascading weather disasters, leaders at U.N. climate talks say it’s time to radically overhaul the World Bank and International Monetary Fund.