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Science & Technology
August 04, 2020
Argentina reports debt restructuring deal with creditors
Argentina said Tuesday it has reached an agreement with its main creditors to restructure $65 billion in foreign debt, ...
July 15, 2020
Lebanon looks to China as US, Arabs refuse to help in crisis
Facing a worsening economic crisis and with little chance of Western or oil-rich Arab countries providing assistance without ...
June 24, 2020
IMF downgrades outlook for global economy in face of virus
The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more ...
June 08, 2020
World Bank: world will suffer largest downturn since 1940s
The World Bank said Monday the world is facing an unprecedented health and economic crisis that has spread with astonishing ...
May 29, 2020
UN chief warns leaders pandemic may cause historic famine
The U.N. chief on Thursday warned the largest gathering of world leaders since the coronavirus pandemic began that it will ...
May 13, 2020
Ukraine approves law on banks in a bid for IMF aid
Ukraine has passed a law preventing former owners of nationalized or liquidated banks from regaining ownership or receiving ...
April 29, 2020
China silent amid global calls to give Africa debt relief
African leaders are asking what China can do for them as the coronavirus pandemic threatens to destroy economies and wipe out ...
April 28, 2020
Development bank to allocate $15 bln to tackle virus fallout
The New Development Bank will allocate up to $15 billion for loans to help the so-called BRICS nations - Brazil, Russia, ...
April 15, 2020
Asian stocks sink after IMF says global economy will shrink
Asian stocks skidded Wednesday after the International Monetary Fund said the global economy will suffer its worst year since ...
April 14, 2020
IMF: Global economy will suffer worst year since Depression
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of ...
April 02, 2020
World Bank OKs first $1.9B for poor countries battling virus
The World Bank on Thursday approved its first funds to help some of the globe's poorer countries combat the coronavirus ...
March 27, 2020
IMF head says global economy now in recession
The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that ...
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