Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, new chief of International Monetary Fund Kristalina Georgieva warns.
Abdallah Hamdok says $10bn in direct aid and foreign currency reserves are needed to help the economy recover after recent political instability.
The 'Peace to Prosperity' plan is simply the latest version of a US plan revised repeatedly since the 1970s asking the Palestinians to trade basic rights in return for fanciful financial promises.
But most markets gave back some gains after the World Bank said it was downgrading its forecast for the global economy in light of trade conflicts and other strains.
Somalis are victims of domestic terrorism, and the international community is compounding their misery by undermining their livelihoods as part of their own so-called 'War on Terror'.
The deal comes after months of negotiations over what will be Pakistan's 22nd bail out aimed at staving off a potential balance-of-payments crisis as the country struggles with a stagnating economy.
Donald Trump's administration is pushing Iran to the edge but the administration might not understand exactly what that entails.
Following decades of conflict, Sri Lanka was making steady if uneven headway towards economic development. The recent attacks could set the economy back years and have deep social ramifications.
French-backed militarisation in Mali is aimed at protecting its economic interests, and only compounds Mali's problems.
Risks to the financial system have grown over the past six months and could increase with a messy Brexit or an escalation of US-China trade tensions, the International Monetary Fund said on Wednesday.
The European Union promised its member countries wealth and prosperity, but a recently released report calls this premise into question.
Malpass, the US Treasury’s top diplomat, has pushed the bank to cut lending to China, which is embroiled in an ongoing trade war with the US.
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