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A service for global professionals · Tuesday, July 5, 2022 · 579,883,333 Articles · 3+ Million Readers
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  • Published on Jul 4, 2022

    IMF’s new conditions for Pakistan – “Do More”

    The current IMF program is 22nd, but it is different from previous all 21 programs. All previous programs were with the support and blessing of the US, as we enjoyed very close relations, either during the cold war era or the Afghan War against the former …

    Source: Global Village Space - Neutral
  • Published on 06:35 GMT

    Global oil and gas prices have been highly volatile – what will happen next?

    Over the past two and a half years, world oil and gas prices have been subject to demand shocks and supply shocks – and sometimes both simultaneously. The resulting volatility in energy markets is a reflection and a microcosm of a careening global economy. …

    Source: The Guardian - Neutral
  • Published on 14:28 GMT

    Sixty years after Algeria’s independence, will surging prices bolster its dependence on oil?

    The oil and gas sector has long been the backbone of Algeria’s economy, bankrolling the country’s regime while leaving it vulnerable to volatile markets. Despite the authorities’ stated aim to diversify the economy, analysts fear surging hydrocarbon prices …

    Source: France 24 - Public Broadcaster
  • Published on Jul 4, 2022

    Sri Lanka Goes to the IMF

    Image Courtesy Twitter/Foreign Ministry India Sri Lanka has taken the (rather delayed) initiative to seek International Monetary Fund (IMF) aid and assistance to cure the economic crisis. Before I delve into what the IMF conditionalities and its …

    Source: Groundviews - Uncategorized
  • Published on Jul 4, 2022

    IMF will not provide sustainable solutions

    Professor Charles Godfred Ackah, Associate Professor of Economics, Institute of Statistical, Social and Economic Research (ISSER) says going to the International Monetary Fund (IMF) will not provide sustainable solutions to Ghana’s economic problems. He …

    Source: Ghana MMA - Neutral
  • Published on Jul 4, 2022

    IMF’s new conditions – “Do More”

    The current IMF program is 22nd, but it is different from previous all 21 programs. All previous programs were with the support and blessing of the US, as we enjoyed very close relations, either during the cold war era or the Afghan War against the former …

    Source: Global Village Space - Neutral
  • Published on 05:56 GMT

    I can turn around Sri Lanka’s economy: PM Ranil Wickremesinghe

    Colombo, Sri Lanka – Ranil Wickremesinghe, the newly appointed prime minister of crisis-hit Sri Lanka, has said he is confident he can turn the economy around – but cautioned it will take 18 months before stability returns. “The year 2023 is going to be …

    Source: Al Jazeera - Uncategorized
  • Published on 18:09 GMT

    World News | Pakistan Govt Puts Expensive Cigarette Brands in Lower Tax Slab

    Islamabad [Pakistan], July 5 (ANI): Pakistan government has quietly increased the threshold for higher duties on expensive cigarette brands to keep smoking affordable in the country. The government was charging an excise duty of Rs 5,200 per 1,000 …

    Source: Latestly - Uncategorized
  • Published on 17:58 GMT

    As the global economy deflates, here is what the coming crisis looks like

    Last October, during the presentation of its World Economic Outlook, the International Monetary Fund (IMF) stated that “the global recovery is underway despite the resurgence of the pandemic.” The world’s growth was expected to be 4.9% in 2022. In January …

    Source: El País - Neutral
  • Published on 17:56 GMT

    UNCTAD welcomes Paris Club debt agreement with Suriname

    The organization calls for all debt relief and restructuring to be consistent with the achievement of Agenda 2030. © taravelworld1971/ Shutterstock | The central market in Paramaribo, Suriname. UNCTAD welcomes the agreement reached on 22 June between …

    Source: UNCTAD - Gov't Institution
  • Published on Jul 4, 2022

    The 'IMF-dictated' budget is a tightrope to tread

    The ‘International Monetary Fund-dictated’ budget 2022-23 has come into force after the parliament passed it without much ado and the president has signed the finance bill into law. The Rs9.579 trillion annual federal budget carried an unprecedented fiscal …

    Source: Dawn - Neutral
  • Published on 13:07 GMT

    Finance Ministry sets records straight on free SHS, other flagship policies

    The Ministry of Finance has allayed fears about the fate of government’s flagship Free SHS policy and other landmark programmes. In a statement on Tuesday, the Ministry said that the Free SHS policy and other popular government initiatives would not be …

    Source: Ghana MMA - Neutral
  • Published on 13:31 GMT

    Ritesh Barot: Dreaming of a dollar-free world

    The international monetary system defines the rules, customs, instruments, and instructions for managing international payments. The system defines the exchange rate regime to be followed in the world. The world has a history of different monetary …

    Source: Nation Africa Kenya - Uncategorized
  • Published on Jul 4, 2022

    Check Out Oppong Nkrumah’s Brilliant Answer When Asked If The NPP Will Lose In 2024 Because Of IMF

    The weekend has observed so many discussions regarding Ghana’s decision to go to the IMF for financial bailout. The country has witnessed economic failings for some time and many had called on the Akufo-Addo government to seek help, but they refused. …

    Source: Ghana MMA - Neutral
  • Published on Jul 4, 2022

    Ken Ofori-Atta runs from ministers one-on-one interviews on IMF bailout

    The Akufo-Addo government, will today, July 4, 2022 flood every available media space in the country with Ministers of State to speak on its decision to dash to the International Monetary Fund (IMF) for a bailout. Strangely, the man who has been in-charge …

    Source: Herald - Uncategorized
  • Published on 08:57 GMT

    Sri Lanka aims to stop printing money as inflation nears 60%

    COLOMBO (BLOOMBERG, REUTERS) - Sri Lanka, which has run out of dollars to purchase fuel and is printing rupees to pay local salaries, aims to stop injecting local currency to quash Asia's fastest inflation. The inflation rate is estimated to reach 60 …

    Source: The Straits Times - Pro-Government
  • Published on 11:20 GMT

    Sri Lanka faces deep recession as prime minister admits nation is bankrupt

    Sri Lanka is bankrupt and the acute pain of will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament on Tuesday. The island nation's 22 million people have endured months of galloping inflation and lengthy …

    Source: SBS - Public Broadcaster
  • Published on 09:19 GMT

    Sri Lanka Aims To Stop Currency Printing As Inflation Soaring To 60%; Highest In Asia: Report

    Crisis-hit Sri Lanka, which has run out of dollars to buy fuel and has been printing rupees to pay local salaries, aims to discontinue injecting money as the inflation rate in the country is estimated to reach 60 per cent, according to a Bloomberg report. …

    Source: News18 - Uncategorized
  • Published on 13:01 GMT

    PKR depreciates by Rs2.38 in interbank

    The rupee fell against the US dollar on Tuesday, depreciating by Rs2.38 in the interbank market. The State Bank of Pakistan (SBP) said the dollar closed at Rs206.94, up from the previous day's close of Rs204.56, which translates into a depreciation of …

    Source: Dawn - Neutral

06 days 09:45:31

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  • Published on July 1, 2022 - 21:09 GMT

    Global Trade Venture: South Korea

    A SOPHISTICATED MARKET LOOKING FOR HIGH-QUALITY PRODUCTS South Korea’s strong economy is a promising target for Wisconsin exports. In spite of the pandemic, this market anticipates solid economic growth for 2022 and seeks the types of products that …

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  • Published on July 1, 2022 - 01:51 GMT

    Prime Minister concludes successful first official visit to Spain, wraps up international trip

    CANADA, June 30 - The Prime Minister, Justin Trudeau, today concluded a successful visit to Spain where he met with Spanish Prime Minister Pedro Sánchez to continue deepening our bilateral relationship, which is characterized by shared values like …

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