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WASHINGTON (Reuters) - The International Monetary Fund said on Tuesday that global current account imbalances narrowed in 2019 as trade slowed, and the coronavirus could narrow them further in 2020, but some commodity exporters and tourism-dependent countries will swing to current account deficits.
A global trend toward “de-dollarisation” has already begun. The last piece of “load-bearing wall” of the “US Empire State Building” has cracked, in other words
JAKARTA, July 28 (Xinhua): Indonesian President Joko Widodo on Tuesday said his country's economy would to be among the fastest to recover after being affected badly by the Covid-19 pandemic, citing predictions by several international financial institutions.
The country is currently in a severe economic crisis where the income of many of its people is not enough to meet their basic needs.
BEIRUT (Reuters) - French Foreign Minister Jean-Yves Le Drian said on Thursday that Lebanon had no alternative other than an International Monetary Fund programme to help the country out of acute financial and economic crisis.
BEIRUT (Reuters) - France told Lebanon on Thursday it had no alternative to an IMF programme as it wrestles with an acute financial crisis and Beirut must enact reforms urgently if it is to win international support.
WASHINGTON, July 19 (Xinhua) -- Several U.S. economists have been encouraged by the rebound of the Chinese economy, as recent data indicated that the Asian country is the first major economy to get out of the COVID-19-induced recession.
WASHINGTON: The International Monetary Fund is exploring additional tools to provide financing to the world's poorest countries and others hit hard by the coronavirus pandemic, Managing Director Kristalina Georgieva said on Saturday.
BEIRUT (Reuters) - Lebanon's Prime Minister Hassan Diab said on Saturday dialogue was needed over the country's stance on regional conflicts, after meeting with a top Christian cleric who has urged Lebanon to remain neutral to help it out of its crisis.