IMF Managing Director Kristalina Georgieva, has painted a grim picture of the world’s economy, having been hit by one shock after another to include Covid, Russia’s invasion of Ukraine, and climate disasters on every continent, causing harm to people’s lives and a cost-of-living crisis.
WASHINGTON DC, April 7, 2022 - As the Russian Ruble fights its way back to where it was before Putin invaded Ukraine, after a massive beating due to Western sanctions on Moscow, Vladimir Putin has decreed that Western countries must start paying for gas through a Russian bank that will transfer foreign currency into rubles.
Bengaluru, India – A drumbeat of explosions played out in the background as Azam Hassan explained over the phone how he felt like he was living the lyrics of the Eagles classic, Hotel California. “It’s like the song goes,” he said. “You can check out any time you want, but you can never leave.”
The invasion of Ukraine by Russia has put the world on edge. The military move by Russian President Vladimir Putin has left many people looking for information on how and why the conflict started. Here are answers to some key questions.
WASHINGTON DC, - When the Group of Twenty finance ministers and central bank governors gather in Jakarta, in person and virtually, this week, they can take inspiration from the Indonesian phrase, gotong royong, “working together to achieve a common goal. This spirit is more important than ever as countries are facing a tough obstacle course this year.
BOSTON, Mass. January 27, 2022- teleSUR - Nine thousand jobs have been saved and another 400,000 have been created with the direct vessel service from China to Boston port opened by China Ocean Shipping company in 2002.
NEW YORK, NY December 17, 2021 - United Nations News) United Nations Secretary-General António Guterres today announced the appointment of Courtenay Rattray of Jamaica as his Chef de Cabinet.
JERUSALEM (AP) — Israel on Sunday approved barring entry to foreign nationals and the use of controversial technology for contact tracing as part of its efforts to clamp down on a new coronavirus variant.
Washington D.C – October 19, 2021: International Monetary Fund (IMF) Managing Director Kristalina Georgieva announced today that Gita Gopinath, the Fund’s Chief Economist and Director of the Research Department, intends to leave the Fund in January 2022 and return to Harvard University’s Economics Department as planned when her public service leave ends. Harvard University had extended Ms. Gopinath’s leave of absence on an exceptional basis by one year, which has allowed her to serve as Chief Economist at the IMF for three years.
Washington, DC – October 21, 2021. Sub-Saharan Africa’s economy is set to recover in 2021 – a marked improvement over the extraordinary contraction of 2020. This rebound is most welcome and primarily results from a favorable external environment, including a sharp improvement in trade and commodity prices.