The European Union relies heavily on Tunisia to stem migration, giving its increasingly authoritarian president leverage in negotiations with the bloc.
Tag: International Monetary Fund
Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild
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.
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.