IMF
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financeVenezuela to Tackle $240 Billion Debt After Political Shift, Eyes Biggest Restructuring Ever
Interim government under Delcy Rodríguez prepares to acknowledge massive debt, aiming to re-enter markets by 2027. IMF absence raises concerns among creditors and opposition.
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worldChina Unveils Global Governance White Paper Championing Global South Reform
Beijing releases comprehensive governance framework urging UN-centered multilateralism, increased Global South representation in financial institutions, and opposition to unilateral power politics amid geopolitical turbulence.
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worldPakistan Launches Air Strikes in Afghanistan, Escalating Regional Conflict
Pakistan conducts air strikes in three Afghan provinces, citing TTP militant targets. The Taliban reports civilian casualties, reigniting tensions and raising economic concerns.
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financeSri Lanka's Sudden Rate Hike Risks Derailing IMF-Backed Recovery
Central Bank raises rates by 100 basis points to 8.75%, aiming to curb inflation and protect reserves, potentially stalling fragile growth.
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financeSri Lanka Surprises with 100-Basis-Point Rate Hike Amid Iran War Fallout
Sri Lanka's central bank raises key rate by 100 bps to combat inflation and support the rupee, as the Iran war drives up energy costs.
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financeIMF Calls on EU to Embrace Joint Debt for Defense and Energy Spending
The IMF urges EU finance ministers to adopt joint borrowing for shared priorities like defense, energy, and innovation.
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financeG7 Debt Market Rocked as Iran Conflict Pushes Oil Past $100
G7 bond yields surge 140 basis points as Iran conflict drives oil past $100, reshaping inflation outlook and trapping central banks.
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financeCarney's Spring Fiscal Update: Pressure Mounts for Tangible Results
Prime Minister Carney faces scrutiny in the upcoming fiscal update, with experts demanding proof of economic agenda success and critics highlighting spending concerns.