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The looming office-real-estate crash will be worse than the Global Financial Crisis decline, Fitch says
Office values have dropped an estimated 35% this cycle and have yet to bottom out, Fitch Ratings sa…
Filip De Mott
Fuel shortages, massive debts, and protesters partying in the presidential palace: Here is what's going on in 'bankrupt' Sri Lanka
Sri Lanka's president has resigned following widespread protests sparked by an economic collapse te…
Chris Johnston
Ukraine's economy could shrink by a third this year as Russia's invasion grinds on, according to the IMF
The Russian invasion of Ukraine has already enacted a heavy toll, and could leave the country in a …
Juliana Kaplan
The IMF is about to slash its global growth forecast for the 2nd time in 3 months as high inflation, China lockdowns, and war in Ukraine hammer economies
World leaders need to unite and foster closer ties to boost global economic growth, the IMF's Krist…
Brian Evans
IMF lowers India's GDP growth projections to 5.9% for FY24
The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India w…
ANI
The US's massive debt pile is fueling the bond-market crash. These 4 charts tell the story.
Concerns about the deficit have fueled the Treasury-bond market meltdown of the past few weeks. The…
George Glover
Businesses need to factor in impact of terror while making investment decisions: FM
Finance Minister Nirmala Sitharaman on Friday said businesses will have to factor in the impact of …
PTI
The IMF's boss has called for vigilance as risks to financial stability rise after bank turmoil
IMF chief Kristalina Georgieva has warned of another tough year ahead for the world economy, amid i…
Zinya Salfiti
IMF hints at improved global GDP forecast but warns of 'difficult climb' ahead
The use of unprecedented fiscal aid will bring the global public debt balance to a record-high 100%…
Ben Winck
A debt-ceiling deal may be close but the crisis likely isn't solved for good. Here's what would happen if the US actually defaulted on its debt.
Insider's Phil Rosen sits down with a top economic and policy expert from the Atlantic Council to t…
Phil Rosen
China's $10 trillion hidden debt mountain could be the 'ticking time bomb' that Joe Biden warned of
China has faced many economic problems this year, from deflation to record youth unemployment and a…
Joseph Wilkins
Egypt issues Chinese yuan-denominated panda bonds for the first time, getting lower rate than dollar-based debt
Egypt issued three-year panda bonds worth 3.5 billion yuan, or about $479 million, marking another …
Aruni Soni
IMF lifts global growth outlook for 2020 but lowers next year's forecast on fears of persistent social distancing
Uncertainty around the updated outlook is "unusually large," the IMF said, adding governments shoul…
Ben Winck
Welcome to the Dollar War the global battle that will decide the fate of America's economy
The dominance of the US dollar is slipping — and this global currency fight will determine wh…
Phil Rosen
The IMF now sees an even deeper global recession as economies struggle to recover from COVID-19
"The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020 than an…
Carmen Reinicke
Sri Lanka bans import of 300 items including chocolates, perfumes and shampoos
Sri Lanka has slapped a ban on the import of 300 consumer items like chocolates, perfumes and shamp…
PTI
China now bails out countries after pushing them into 'debt-trap'
American officials have accused China of engaging in "debt trap diplomacy" that is saddling countri…
ANI
IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates
The US is likely to narrowly avoid falling into a recession, and there's a chance the Fed can nail …
Zinya Salfiti
The IMF says vaccine progress could add $9 trillion to global income by 2025 and stage a faster recovery
The IMF's chief Kristina Georgieva, said international cooperation on vaccines will also help bridg…
Saloni Sardana
Sri Lanka says it will default on its foreign debt as the cost of food and food imports spirals, report says
Sri Lanka appointed a new central bank governor last week who on Tuesday said the country had suspe…