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international business
Conflict, creditors and a car crash: How Ukraine clinched a wartime debt restructuring
Firefighters work at a site of a sports complex of a university damaged during a Russian missile strike, amid the Russia-Ukraine conflict, in Kyiv, Ukraine September 2, 2024. REUTERS/Valentyn Ogirenko
report on business
High energy prices are forcing German manufacturers to consider cutting production
An employee takes a sample at the blast furnace at the ThyssenKrupp plant in Duisburg, western Germany on November 16, 2021. - Shares in Thyssenkrupp rose at the Frankfurt Stock Exchange on November 16 after press reports about the possible IPO of a unit developing green hydrogen projects. ThyssenKrupp wants to find out, how coal can be replaced by hydrogen in the production of iron in their blast furnaces. Behind this is the "H2Stahl" project, the aim of which is to reduce CO2 emissions in steel production in the future by using hydrogen. (Photo by Ina FASSBENDER / AFP) (Photo by INA FASSBENDER/AFP via Getty Images)
globe investor
From political fog, world growth doubts creep back in
Mike Dolan
international business
IMF says yen’s declines ‘significant’ but reflect rate differentials
FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo
international business
IMF calls for fiscal restraint in year with most elections ever
(FILES) In this file photo taken on April 15, 2020 a sign is seen outside the headquarters of the International Monetary Fund (IMF) as the IMF and World Bank hold their Spring Meetings virtually due to the outbreak of COVID-19, known as coronavirus, in Washington, DC. - Authorities at the IMF approved $407 million in immediate disbursements to Kenya for budget support following a review by the executive board, the agency said June 23, 2021. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)
globe investor
Volatility uncorked as U.S. solo surge unleashes dollar
Mike Dolan
international business
Huge debt costs mean climate spending could make emerging nations insolvent, report says
FILE PHOTO: An aerial view shows a deserted and flooded traditional homestead following heavy rains in Garsen, Tana Delta within Tana River county, Kenya November 23, 2023. REUTERS/Thomas Mukoya/File Photo
international business
IMF chief sees inflation dropping further in 2024, but not yet fully defeated
International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks at the China Development Forum (CDF) 2024, in Beijing, China March 24, 2024. REUTERS/Jing Xu/File Photo
opinion
Here’s how to squeeze out more yield from your bond portfolio - if you’re brave enough
Tom Czitron
international business
Factory activity slumps in Asia, brighter signs emerge in China
A worker assembles an SUV at a car plant of Li Auto, a major Chinese EV maker, in Changzhou in eastern China's Jiangsu province on Wednesday, March 27, 2024. Manufacturing in China expanded in March after contracting for five consecutive months, according to an official survey of factory managers released Sunday, suggesting a rebound in industrial activities following the Lunar New Year holiday. (Chinatopix Via AP)
globe investor
Markets brace for more rate cut mood swings after wild Q1
Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27.
world
Sri Lankan opposition leader Anura Dissanayake visits Toronto, Vancouver to gather support for fall election
Sri Lanka’s leading presidential candidate, National Peoples Power (NPP) leader Anura Dissanayake, speaks with the Globe at Caffe Citadella in Vancouver, B.C. on March 25, 2024. (Jennifer Gauthier/The Globe and Mail) �
globe investor
Trump broadsides re-heat Fed independence question
Mike Dolan
international business
IMF intends to pick next managing director by end of April, board says
(FILES) International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks to the press at IMF headquarters during the World Bank Group and IMF Spring Meetings in Washington, DC, on April 14, 2023. The International Monetary Fund officially launched the selection process to find the organization next leader on March 13, 2024, with current managing director Kristalina Georgieva widely tipped for a second five-year term. (Photo by Stefani Reynolds / AFP) (Photo by STEFANI REYNOLDS/AFP via Getty Images)
management
AI will increase incomes for high-wage earners, but inequality will grow, IMF study warns
Linda Nazareth
international business
Russia’s war economy faces tough times ahead, IMF managing director says
International Monetary Fund (IMF) Managing Director Kristalina Georgieva addresses the World Governments Summit in Dubai on February 12, 2024. (Photo by RYAN LIM / AFP) (Photo by RYAN LIM/AFP via Getty Images)
opinion
As ‘clouds are beginning to part’ on economic outlook, what must the government do?
Kevin Lynch and Paul Deegan
international business
IMF says global ‘soft landing’ in sight, raises 2024 economic growth outlook
FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
asia-pacific business
Politicization of trade is ‘immoral and unsustainable,’ China says
FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo
international business
IMF chief urges more proactive push to develop central bank digital currencies
FILE PHOTO: Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, addresses the media on the fourth day of the annual meeting of the IMF and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 12, 2023. REUTERS/Susana Vera/File Photo/File Photo