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Grace period for Colombo to make interest payments on two international bonds expired on Wednesday
US Treasury secretary says commitments from countries and multilateral lenders are inadequate and need to be stepped up
Ex-leader’s anti-US rhetoric finds support among population fed up with inflation
Fund official says region can play a role in alleviating commodity shortages caused by Russia’s invasion
Russia’s invasion of Ukraine triggers protest as global growth and policymaking efforts are derailed
Since the 1990s, the private share of national wealth has soared while public wealth has shrunk
Latest reports show what keeps the world’s economic policymakers awake at night
Indian Ocean island nation has been rocked by protests against food, medicine and fuel shortages
Growth forecasts downgraded, ‘horrific autumn’ for Britons, the end of streaming’s easy-money years
Kristalina Georgieva urges fund’s membership to provide aid to economy battered by Russia’s invasion
Surge in prices will not produce any long-term improvement in public finances
Netflix shares tumbles after its first quarter earnings reports, and IMF cuts its global growth forecast
PM’s claims that Britain has strongest rebound in group undermined by fund’s latest economic forecast
“Governance mechanisms for the LME need to be strengthened to address conflict of interest”.
Heavy borrowing in dollars and euros, coupled with surge in food and energy prices, hits public finances
European countries and emerging markets most vulnerable to economic challenges including prolonged inflation
World Bank cuts this year’s global growth forecast to 3.2% as IMF warns over private debt pile
IMF expected to downgrade forecasts as price pressures mount and confidence slips
Kristalina Georgieva warns of ‘clear danger’ of inflation as Russian invasion hits post-pandemic rebound
Aid to be used to help Kyiv ‘meet its balance of payments’ and ‘help stabilise its economy’
Agreement marks first big step in tackling crippling economic crisis but full approval depends on reform package
Efforts at sovereign debt relief have stalled at the wrong time
Unrest has been stoked by a foreign currency crunch, rolling blackouts and fuel shortages
The market in the yellow metal may be a bubble, but at least it’s a 6,000-year-old one. Meanwhile, bitcoin looks like a short-term fad
Increased risk aversion, a shift in approach by the IMF and slowing trade combine to hit developing economies
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