Mozambique's international bonds tumbled earlier this week after a news report that the new government in Maputo is weighing a debt restructuring following months of post-election turmoil.
The International Monetary Fund (IMF) has proposed the alignment of gas tariffs for captive power plants (CPPs) with re-gasified liquefied natural gas (RLNG) prices, effective from February 1 this ...
Several organizations, including the International Monetary Fund, have recently singled out the U.S. as an especially ...
In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin ...
“The world’s fine” and there’s too much pessimism, with pockets of opportunity to be found across the globe — particularly in Middle East countries and some emerging markets, BlackRock Chair and CEO ...
The ongoing regional conflict has deepened Yemen’s already acute humanitarian and economic conditions, leading to further contractions in GDP and rising inflation.
Argentina’s sharp economic reforms cut inflation but pushed more than half the population into poverty, raising questions about President Javier Milei’s austerity drive. Monthly inflation dropped to 2 ...
The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
Pakistan has decided to formally convey to the International Monetary Fund (IMF) the planned rebasing of electricity tariff to seek the lender's consent to avoid a double financial strain on ...
The U.K. is prepared to announce new measures to ensure it meets its fiscal rules in March, Treasury Chief Rachel Reeves said Thursday. The left-of-center Labour Party set out its new rules in October ...
"International reserves as of the close of business on January 17, 2025 stood at $609.7 bln, having increased over the week by $2 bln or by 0.3%, predominantly as a result of positive revaluation," th ...
Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...