IMF

Pakistan says mosque bomber wore police uniform, breached safety on motorcycle

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PESHAWAR, Pakistan, Feb 2 (Reuters) – The suicide bomber who killed greater than 100 individuals at a mosque in a police compound within the Pakistan metropolis of Peshawar this week wore a police uniform and entered the excessive safety space on a bike, a provincial police chief mentioned on Thursday. The bomber behind Monday’s assault … Read more

Pakistan buries mosque blast victims as dying toll passes 90

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Tragic scenes as individuals search for their family members Assault in fortified space baffles authorities Rescue work continues to clear mosque rubble PESHAWAR, Pakistan, Jan 31 (Reuters) – Distraught family members thronged hospitals in Pakistan’s Peshawar on Tuesday to search for their kin a day after a suicide bombing ripped by means of a crowded … Read more

China presents Sri Lanka debt moratorium, IMF assist nonetheless doubtful

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China presents debt service aid in 2022, 2023 Sri Lanka sources unclear if China letter will probably be sufficient for IMF Broad settlement between IMF, China on Zambia might present clues NEW DELHI/COLOMBO, Jan 24 (Reuters) – The Export-Import Financial institution of China has supplied Sri Lanka a two-year moratorium on its debt and stated … Read more

Zelenskiy flags shake-up after corruption allegations

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Zelenskiy says modifications coming in authorities, areas Corruption allegations are most high-profile of struggle Ex-economy minister praises authorities response Ruling get together boss threatens officers with jail KYIV, Jan 23 (Reuters) – Ukrainian President Volodymyr Zelenskiy stated on Monday that modifications can be introduced imminently within the authorities, the areas and within the safety forces … Read more

Oil falls as outlook for China, international economic system weigh

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LONDON, Jan 3 (Reuters) – Oil costs edged decrease on Tuesday in risky commerce as weak demand information from China and a dark financial outlook weighed. Brent crude futures fell 46 cents, or 0.54%, to $85.45 a barrel by 1017 GMT. U.S. West Texas Intermediate crude was down 38 cents, or 0.47%, at $79.88. Each … Read more

International economic system faces more durable 12 months in 2023, IMF’s Georgieva warns

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Jan 1 (Reuters) – For a lot of the worldwide economic system, 2023 goes to be a troublesome 12 months as the principle engines of world development – america, Europe and China – all expertise weakening exercise, the top of the Worldwide Financial Fund mentioned on Sunday. The brand new 12 months goes to be … Read more

Ghana to default on most exterior debt as financial disaster worsens

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Ghana suspends funds on Eurobonds, business loans Announcement per week after IMF staff-level settlement Eurobonds sink as much as 3 cents in greenback ACCRA, Dec 19 (Reuters) – Ghana on Monday suspended funds on most of its exterior debt, successfully defaulting because the nation struggles to plug its cavernous stability of funds deficit. Its finance … Read more

Africa’s meals disaster is the most important but – 5 explanation why

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MOGADISHU, Dec 14 (Reuters) – In October, Nadifa Abdi Isak introduced her malnourished daughters to hospital in Mogadishu. That day, a nurse stated, 42 different kids had already been checked into the emergency unit, ravaged by starvation. There have been 57 the day earlier than that. Workers on the Benadir maternity and paediatric hospital stated … Read more

IMF says global economic outlook getting ‘gloomier’, risks abound

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WASHINGTON, Nov 13 (Reuters) – The global economic outlook is even gloomier than projected last month, the International Monetary Fund said on Sunday, citing a steady worsening in purchasing manager surveys in recent months. It blamed the darker outlook on tightening monetary policy triggered by persistently high and broad-based inflation, weak growth momentum in China, … Read more