IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
2023-07-19 20:48
Russia Readies Digital Ruble Pilot as War Squeezes Economy
Russia is pressing ahead with plans to introduce a digital ruble, joining a growing list of countries to
2023-07-19 18:46
G-20’s ‘Intense’ Talks Fail to Break Deadlock Over Debt Relief
Finance chiefs from an assembly of the world’s biggest advanced and emerging economies failed to reach a consensus
2023-07-18 23:20
Gap Opens For Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
2023-07-17 15:29
UK Signs Pact to Join Pacific Trade Deal; Focus Turns to China
The UK signed a treaty to join a Pacific trade deal on Sunday, formally becoming the first new
2023-07-16 13:28
War, Debt Distress, Inflation: G-20 Finance Chiefs Spar in India
The finance and central bank chiefs of the world’s largest economies will debate the risks of Russia’s prolonged
2023-07-15 10:53
Wall Street Is Buying Into Dollar Smile Theory at a Frantic Pace
For Stephen Jen, the famous dollar prognosticator, the Federal Reserve looks all set to win its war on
2023-07-14 14:30
Credit Suisse Stands Out as Rare Case of Bank Disclosing EM Debt
Credit Suisse is one of a handful of global banks publicly disclosing some loans to poor countries, as
2023-07-14 12:21
Congo Struggles to Steady Franc Amid Conflict, Election Spending
The value of Democratic Republic of Congo’s currency continues to slide as security and pre-election spending, coupled with
2023-07-12 13:28
Fitch Upgrades Pakistan Rating After $3 Billion IMF Deal
Fitch Ratings Inc. upgraded Pakistan on an improving funding environment following its initial loan deal with the International
2023-07-11 15:16
Egypt’s Inflation Soars Past 35% in Record Fueled by Food
Consumer prices in Egypt soared at a record pace, a reflection of pressures on food costs after the
2023-07-10 21:25
Powell Haunted by Repo Crisis as Fed Aims to Cut Balance Sheet
Tucked away in hours of congressional testimony by Federal Reserve Chair Jerome Powell last month was an admission
2023-07-10 03:25