Eric Martin Bloomberg
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IMF To Work With Sri Lanka's New President On $3 Billion Loan
The International Monetary Fund said it's looking forward to working with Sri Lanka's newly elected leftist president, including on the latest review of the country's $3 billion bailout package.
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Discord Over Russia's War Again Hampers G-20 Finance Chiefs
The Group of 20 finance chiefs skipped issuing an agreed-upon statement from their meeting this week in Washington, extending the discord created by Russia's invasion of Ukraine.
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India Wants Key Supply-Chain Role As Firms Shift From China
India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, Finance Minister Nirmala Sitharaman said.
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Indian-Origin Ajay Banga Set To Become World Bank Chief Unopposed
Ajay Banga, the US pick to head the World Bank, appears almost certain to become the anti-poverty lender's next president after nominations closed Wednesday with no country publicly proposing an alternative candidate.
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Activists Slam Biden's Pick Ajay Banga, "Wall Street Insider", For World Bank
Progressive groups that have long advocated for a change in the leadership of the World Bank decried the Biden administration's nomination of a former Wall Street and corporate executive as more of the same at the anti-poverty lender.
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India Opts Out of Trade Talks With US-Led Indo-Pacific Group
India opted out of trade talks with a US-led group of Asian nations, again avoiding easing access to its markets via a multi-country deal, while moving ahead with the others in areas including supply chains and clean energy.
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"Deeply Disappointing": US Criticises India Over Russia Talks
The U.S. and Australia criticized India for considering a Russian proposal that would undermine sanctions imposed by America and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov traveled to
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India Supercharged Its Economy 30 Years Ago. Covid Unraveled It In Months
Thirty years ago, on a summer evening in late July, India liberalized its Soviet-style economy in a transformation that eventually pulled about 300 million out of poverty, fueling one of the biggest wealth creations in history.
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Ease-Of-Doing-Business Index Updated: India Holds Its Place, China Drops
The World Bank corrected two recent reports ranking nations by ease of doing business, adjusting the scores for China and three other countries based on an internal audit following staffers' allegations of "undue pressure" by management to alter ratings.
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IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy
IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.
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IMF To Work With Sri Lanka's New President On $3 Billion Loan
The International Monetary Fund said it's looking forward to working with Sri Lanka's newly elected leftist president, including on the latest review of the country's $3 billion bailout package.
-
Discord Over Russia's War Again Hampers G-20 Finance Chiefs
The Group of 20 finance chiefs skipped issuing an agreed-upon statement from their meeting this week in Washington, extending the discord created by Russia's invasion of Ukraine.
-
India Wants Key Supply-Chain Role As Firms Shift From China
India seeks to be more involved in world supply chains and serve as an alternative to China through output-incentive plans and the growth of its domestic consumer market, Finance Minister Nirmala Sitharaman said.
-
Indian-Origin Ajay Banga Set To Become World Bank Chief Unopposed
Ajay Banga, the US pick to head the World Bank, appears almost certain to become the anti-poverty lender's next president after nominations closed Wednesday with no country publicly proposing an alternative candidate.
-
Activists Slam Biden's Pick Ajay Banga, "Wall Street Insider", For World Bank
Progressive groups that have long advocated for a change in the leadership of the World Bank decried the Biden administration's nomination of a former Wall Street and corporate executive as more of the same at the anti-poverty lender.
-
India Opts Out of Trade Talks With US-Led Indo-Pacific Group
India opted out of trade talks with a US-led group of Asian nations, again avoiding easing access to its markets via a multi-country deal, while moving ahead with the others in areas including supply chains and clean energy.
-
"Deeply Disappointing": US Criticises India Over Russia Talks
The U.S. and Australia criticized India for considering a Russian proposal that would undermine sanctions imposed by America and its allies, showing a deepening rift between the emerging security partners as Foreign Minister Sergei Lavrov traveled to
-
India Supercharged Its Economy 30 Years Ago. Covid Unraveled It In Months
Thirty years ago, on a summer evening in late July, India liberalized its Soviet-style economy in a transformation that eventually pulled about 300 million out of poverty, fueling one of the biggest wealth creations in history.
-
Ease-Of-Doing-Business Index Updated: India Holds Its Place, China Drops
The World Bank corrected two recent reports ranking nations by ease of doing business, adjusting the scores for China and three other countries based on an internal audit following staffers' allegations of "undue pressure" by management to alter ratings.
-
IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy
IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.
