Debt is mushrooming worldwide, hitting many developing countries especially hard. Struggling to cover their debt interest, ...
Global public debt is projected to reach 100% of GDP, prompting governments to tolerate higher inflation as a solution. Persistent inflation will erode cash value, making stock market investment ...
WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that ...
WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that ...
There was a stark warning from the IMF this week as it predicted government debt across the world would hit the highest level since the aftermath of World War Two by the end of the decade. According ...
The fund’s warning on tariffs comes amid a rise in trade barriers among major economies. Tariffs can reduce imports, but they ...
Despite significant efforts to unwind the impact of the COVID-19 fiscal stimulus and other shocks, debt levels in many Low-Income Countries (LICs) remain relatively high, with debt vulnerabilities ...
WASHINGTON (Reuters) -The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting ...
Pakistan Defence Minister Khawaja Asif has made tall claims that the country may not need financial assistance from the ...
The rapid growth of AI is projected to push global data center power demand to 2,200 terawatt-hours (TWh) by 2030, an "always-on" load that threatens to overwhelm the world's aging electrical grids.
Some politicians hope the fund will take the blame for painful spending cuts. Good luck with that. Too much debt and high commodity prices are forcing governments to choose between paying off their ...