The global economy is slowing and leading to protectionism at a time when companies are dependent on widely dispersed supply chains.
Pakistan's Finance Minister Asad Umar says he's confident Islamabad will secure International Monetary Fund bailout, following PM Imran Khan's meeting with fund's chief Christine Lagarde in Dubai.
As the use of cash declines and interest in cryptocurrencies grows, some financiers think it’s time for central banks to enter the e-money market. But experts think otherwise.
The cancellations continue to mount as high-profile executives, organisations and media groups back out of Saudi Arabia's Future Investment Initiative conference after the murder of Saudi journalist Jamal Khashoggi.
Argentina had secured $50 billion in financing as part of a deal worked out with the International Monetary Fund in June. Now the the Fund has agreed to raise the lending package by $7.1 billion.
IMF Managing Director Christine Lagarde did, however, warn against protectionism in a barely veiled reference to US tariff threats, and said the World Trade Organization's rules were in danger of being torn up, threatening global economic growth.
The decision by Europe's largest power utility to not do business with energy-hungry miners comes as concerns grow over the sustainability of cryptocurrencies.
The World Economic Forum begins in an environment of robust global growth but facing warnings that the world's have-nots are missing out more than ever.
Lagarde says the strength of the global economic recovery has taken the IMF by surprise.
British Prime Minister Theresa May says she would delay Brexit only in "exceptional circumstances."
7.7 billion euros will come in early July to cover the repayment of 6.9 billion euros worth of maturing Greek debt and 0.8 billion of arrears. A further 0.8 billion euros would be disbursed after the summer.
Pressure is on creditors to reach a deal so that Greece can make a payment of around 7.5 billion euros due in July.
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