Today: July 03, 2024
Today: July 03, 2024

Latest From Andrea Shalal

Economy

IMF's Georgieva says she'd be honored to serve 2nd term if nominated

International Monetary Fund chief Kristalina Georgieva said she would be honored to serve a second five-year term at the helm of the global lender, and had been

IMF's Georgieva says she'd be honored to serve 2nd term if nominated
Economy

Timelines, predictability key issues for next sovereign debt roundtable -Georgieva

International Monetary Fund chief Kristalina Georgieva on Tuesday said she wants to shine a spotlight on the timelines and predictability of debt restructuring

Timelines, predictability key issues for next sovereign debt roundtable -Georgieva
Economy

IMF urges G20 cooperation on climate, global AI principles

Medium-term global growth prospects are the weakest in decades, but G20 major economies could boost growth prospects if they work together to address climate

IMF urges G20 cooperation on climate, global AI principles
Economy

Ukraine needs $486 billion to recover, rebuild after nearly two years of war - World Bank

Rebuilding Ukraine's economy after Russia's invasion nearly two years ago is expected to cost $486 billion, 2.8 times its 2023 expected economic output, a new

Ukraine needs $486 billion to recover, rebuild after nearly two years of war - World Bank
Economy

IMF chief Georgieva, Yellen to meet with Egyptian authorities

International Monetary Fund chief Kristalina Georgieva and U.S.

IMF chief Georgieva, Yellen to meet with Egyptian authorities
Economy

US economic data points to 'real momentum' for 2024, White House says

Higher consumer spending over the holiday season, real wage gains over the last nine months and a jump in consumer confidence point to a good start for 2024, said Jared

US economic data points to 'real momentum' for 2024, White House says
Economy

IMF governors approve 50% increase in lending resources with no shareholding changes

The International Monetary Fund's governing body has approved a 50% increase in quota resources to be contributed by member countries in proportion to their

IMF governors approve 50% increase in lending resources with no shareholding changes
Economy

US Treasury's Yellen sees consistent pattern of inflation coming down

U.S.

US Treasury's Yellen sees consistent pattern of inflation coming down
Economy

USDA opens applications for $300 million to help exporters break into new markets

The U.S.

USDA opens applications for $300 million to help exporters break into new markets
Economy

US Treasury's Adeyemo hopes Congress will extend US-Africa program

U.S.

US Treasury's Adeyemo hopes Congress will extend US-Africa program
Economy

U.S. Treasury sees 'potential improvement' in sovereign debt cases

A senior U.S.

U.S. Treasury sees 'potential improvement' in sovereign debt cases
Economy

Yellen says US, EU support crucial to Ukraine's fight against Russia

U.S.

Yellen says US, EU support crucial to Ukraine's fight against Russia
Economy

WTO chief warns of 'really big impact' on trade if Israel-Hamas conflict widens

World Trade Organization chief Ngozi Okonjo-Iweala said she hoped the Israel-Hamas conflict could be ended quickly, warning it would have a "really big

WTO chief warns of 'really big impact' on trade if Israel-Hamas conflict widens
Economy

Yellen says oil price cap has 'significantly' cut Russia's revenues

U.S.

Yellen says oil price cap has 'significantly' cut Russia's revenues
Economy

Multilateral development banks, keen to expand lending, to meet with ratings agencies

Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broad push

Multilateral development banks, keen to expand lending, to meet with ratings agencies
Economy

IMF says US bond sell-off may reflect extra quantities on market

The International Monetary Fund is carefully watching global bond market developments after a recent U.S. selloff, the fund's top economist said, adding

IMF says US bond sell-off may reflect extra quantities on market
Economy

Progress in reforming development banks 'quite limited,' new tool shows

A new tool launched on Monday to track reforms by the World Bank and the five biggest multilateral development banks (MDBs) shows that broad changes are

Progress in reforming development banks 'quite limited,' new tool shows
Economy

US Treasury pushing development banks for progress on next phase of reforms by April

The U.S.

US Treasury pushing development banks for progress on next phase of reforms by April
Economy

IMF chief Georgieva: soft landing possible, but fiscal, debt risks abound

Stronger demand for services and progress on lowering inflation have increased the chances that the global economy can escape recession, but fiscal and financial risks

IMF chief Georgieva: soft landing possible, but fiscal, debt risks abound
Economy

US poor face economic hit as shutdown, childcare cliff, student loans converge

By Andrea Shalal WASHINGTON - Lower income households and Black and Latino communities will be hit hard when a confluence of U.S. economic events kick off next week, including a sharp drop in

US poor face economic hit as shutdown, childcare cliff, student loans converge
Business|Economy|Political

Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says

U.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a report on workplace problems at the U.S.

Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says
Political

US won't restart UNRWA aid until investigation completed -officials

The Biden administration plans to wait for an internal investigation of the United Nations agency for Palestinian refugees to conclude before resuming aid to

US won't restart UNRWA aid until investigation completed -officials
Political

Iowa Democrats scramble after a decade of losses, caucus demotion

Stripped by President Joe Biden of their special status as the state to hold the first nominating contest of the U.S. presidential election, Iowa Democrats are

Iowa Democrats scramble after a decade of losses, caucus demotion
Political

Biden kicks off rural America tour in Minnesota

U.S.

Biden kicks off rural America tour in Minnesota
Political

Arab American support for Biden, Democrats plummets over Israel - poll

President Joe Biden's support among Arab Americans, who are crucial voters in battleground election states, has plunged from a comfortable majority in 2020 to

Arab American support for Biden, Democrats plummets over Israel - poll

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