IMF

United States | Joint Statement on the Expanded Comprehensive Partnership Between the United States and Mongolia

United States – The text of the following statement was released by the Governments of the United States of America and Mongolia on the occasion of the official visit of Mongolian Prime Minister Khurelsukh to the United States of America: The United States and Mongolia, recognizing that persistent efforts by both sides across thirty-one years … Continue reading United States | Joint Statement on the Expanded Comprehensive Partnership Between the United States and Mongolia

U.S. Department of State News: Secretary Pompeo’s Call With Ukrainian President Petro Poroshenko

WASHINGTON – U.S. Department of State released the following statement: The below is attributable to Spokesperson Heather Nauert: Secretary Michael R. Pompeo spoke on the phone with Ukrainian President Petro Poroshenko today to discuss a range of bilateral issues. Secretary Pompeo reiterated strong U.S. support for Ukraine’s sovereignty and territorial integrity.  He emphasized that the … Continue reading U.S. Department of State News: Secretary Pompeo’s Call With Ukrainian President Petro Poroshenko

MINSK, Belarus | Pressed by IMF, Ukraine expands anti-corruption court

MINSK, Belarus — Ukraine‘s parliament has adopted a measure to expand the powers of the country’s new anti-corruption court, meeting an International Monetary Fund condition for restoring aid. The measure adopted Thursday by parliament would extend the jurisdiction of the court, which was established in June, to handle all corruption cases, including those opened before … Continue reading MINSK, Belarus | Pressed by IMF, Ukraine expands anti-corruption court

BEIJING | Surveys show Chinese manufacturing growth cooling

BEIJING — Two surveys show Chinese manufacturing slowed in June as exports weakened, Beijing tightened lending controls and trade tensions with Washington rose. The business magazine Caixin said Monday its monthly purchasing managers’ index edged down to 51.0 from May’s 51.1 on a 100-point scale on which numbers above 50 show activity increasing. A separate … Continue reading BEIJING | Surveys show Chinese manufacturing growth cooling

WASHINGTON | IMF agrees to $50 billion deal to help Argentina’s economy

WASHINGTON (AP) — Argentina and the International Monetary Fund have agreed on a $50 billion stand-by deal aimed at strengthening the South American country’s economy. The IMF announced Thursday that the staff-level agreement will be subject to approval by its executive board, which will consider Argentina’s economic plan in the coming days. President Mauricio Macri … Continue reading WASHINGTON | IMF agrees to $50 billion deal to help Argentina’s economy

DUBAI, United Arab Emirates  | IMF: Mideast not growing fast enough to reduce unemployment

DUBAI, United Arab Emirates — The International Monetary Fund said Wednesday that nearly a quarter of the Middle East’s youth are unemployed, warning that unless deeper reforms are made, millions of young people entering the labor market each year may not find jobs. The IMF says current levels of growth across the region will not … Continue reading DUBAI, United Arab Emirates  | IMF: Mideast not growing fast enough to reduce unemployment

Bank of England lays out post-Brexit hopes for EU banks

LONDON/December 20, 2017 (AP)(STL.NEWS) —The Bank of England laid out its hope Wednesday that European banks would continue to operate in Britain after Brexit in much the same way as they do now. In a statement, the bank said European banks would hopefully not need to convert their branches in Britain into subsidiaries — a … Continue reading Bank of England lays out post-Brexit hopes for EU banks

Improving world economy still needs help from low rates

Low interest rates will likely remain as it is necessary for improving world economy WASHINGTON/October 15, 2017 (AP)(STL.News) — The world economy is the healthiest it’s been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the International Monetary Fund says. “There … Continue reading Improving world economy still needs help from low rates