Voters drove out vital parliamentary allies of the militant faction, though not Hezbollah candidates themselves. A dozen new independents won seats.
Tag: International Monetary Fund
World Economic Outlook Dims as War and Pandemic Cast a Pall
The International Monetary Fund’s new World Economic Outlook expects growth to slow to 3.6 percent this year. The group is one of many to slash their forecasts recently.
Yellen Says Aim Is ‘Maximum Pain’ for Russia Without Hurting U.S.
The Treasury secretary told a House committee that the U.S. would continue finding ways to punish Russia for its invasion of Ukraine.
Mideast Feels the Pinch of Rising Food Prices as Ramadan Nears
Russia’s war on Ukraine has driven up the prices of staple foods and energy across the Middle East and North Africa ahead of the Muslim holy month of daytime fasting and nighttime feasting.
U.S. and Allies Will Strip Russia of Favored Trade Status
The Biden administration said it would join Europe and other allies in stripping Russia of permanent normal trade relations, another step to inflict economic damage on the country over its invasion of Ukraine.
IMF Warns Ukraine-Russia War Will Likely Slow Global Growth
The economic fallout from Russia’s invasion will depend on the outcome of the war and the duration of the sanctions.
Pakistan Will Cut Energy Prices to Offset Rising Costs After Invasion
Critics said the move by Prime Minister Imran Khan was aimed at stemming increasing criticism of his handling of the economy and would provide only temporary relief.
China’s Economy Is Slowing, a Worrying Sign for the World
Economic output climbed 4 percent in the last quarter of 2021, slowing from the previous quarter. Growth has faltered as home buyers and consumers become cautious.
I.M.F.’s Executive Board Says Kristalina Georgieva Can Remain
An independent inquiry commissioned by the World Bank had concluded that she played a central role in manipulating data to placate China.
Clear Differences Remain Between France and U.S., French Minister Says
Finance Minister Bruno Le Maire said the two countries remained at odds over China and various security issues, despite effective cooperation on overhauling the international tax system.