European Central Bank confirms July rate hike plans, raises inflation projections significantly
THE European Central Bank on Thursday confirmed its intention to hike interest rates at its policy meeting next month and downgraded its growth forecasts.
Following...
Trump threatens to pull US out of World Trade Organization
Trump has been embroiled in tit-for-tat trade battles on several fronts in recent months
President Donald Trump has threatened to withdraw the US...
Ukraine-Russia: EU makes 200m-Euro pledge
International donors gathered in Warsaw Thursday to drum up further humanitarian aid for Ukraine as it seeks to evacuate civilians trapped by more than...
Euro-zone inflation is diverging by an unprecedented amount
Euro-zone inflation is breaking record after record, but the gap between the highest and lowest rates among the currency bloc’s 19 members has also...
THE UNITED STATES PROVIDES NEARLY $255 MILLION IN HUMANITARIAN AND DEVELOPMENT ASSISTANCE TO MEET...
Friday, July 22, 2022
The United States through the U.S. Agency for International Development (USAID) is providing nearly $255 million in additional emergency food and...
IMF says preparing for first review of Egypt programme, dates to be confirmed
Preparations for the first review of Egypt's economic reform programme with the International Monetary Fund have begun and dates for the review mission will...
WHO eyes decision on monkeypox ’emergency’, Africa says it’s long overdue
The World Health Organization will decide on Thursday whether to declare monkeypox a global health emergency, stirring criticism from leading African scientists who say...
Breakthrough military-civilian talks may end Sudan crisis – UN
The United Nations envoy said Thursday that Sudan's army will hold direct talks with civilian politicians and activists next week for the first time...
Russian billionaire, Vladimir Potanin, makes $12.8bn since Ukraine invasion
The wealth of Russia’s former Deputy Prime Minister and businessman, Vladimir Potanin, has grown significantly within the last four months, since Vladimir Putin invaded...
IMF secures $40 billion so far for new sustainability trust
The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience and Sustainability Trust to address challenges such as climate...
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