Aug 15, 2020-Saturday

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Saturday, Aug 15, 2020


Aug 14, 2020 03:31
The US, the world’s largest economy and also its most powerful country, has been laid low by the disease, with around 5.2 million cases and around 167,000 deaths. India has thus far seen 2.4 million cases and around 47,000 deaths. read more
Aug 08, 2020 16:54
The $3.2 billion Saudi oil facility was part of the $6.2-billion Saudi Arabian package announced in November 2018 to ease Pakistan’s external sector woes, the Express Tribune reported on Friday. read more
Aug 04, 2020 21:01
The International Monetary Fund said on Tuesday that global current account imbalances narrowed in 2019 as trade slowed, and the coronavirus could narrow them further in 2020, but some commodity exporters and tourism-dependent countries will swing to current account deficits. read more
Aug 04, 2020 19:30
The IMF’s annual report on currencies, the External Sector Report, showed that continued weakness in trade, coupled with massive fiscal expansion, was projected in many countries to shrink both current account deficits and surpluses. read more
Jul 24, 2020 12:03
The remarks by International Monetary Fund’s Chief Spokesperson Gerry Rice on Thursday came in response to a question on the recent FDI announcements made by global giants like Facebook and Google in India. read more
Jul 19, 2020 10:01
IMF Managing Director Kristalina Georgieva welcomed Germany’s “generous pledge” and urged other donors to follow suit. read more
Jul 16, 2020 13:01
Here are today’s top news, analysis and opinion. Know all about the latest news and other news updates from Hindustan Times. read more
Jul 16, 2020 11:55
IMF Managing Director Kristalina Georgieva said the fiscal costs of actions aimed at containing the pandemic and mitigating its economic fallout were driving up already high debt levels, but it was premature to start withdrawing needed safety nets. read more
Jul 13, 2020 17:40
The IMF had projected in April that Saudi Arabia’s economy would contract by about 2.3% this year. read more
Jul 12, 2020 06:25
The fund in June downgraded its outlook for the coronavirus-ravaged world economy, projecting a significantly deeper recession of 4.9% this year. read more
Jul 05, 2020 23:04
Even with those rescue efforts, the world is still suffering its worst economic crisis since the Great Depression. read more
Jul 02, 2020 13:41
Globally, this will likely be a prolonged recovery, with activity levels below pre-crisis levels even by the end of 2021. There are still upside risks, IMF chief economist Gita Gopinath said. read more
Jun 26, 2020 17:26
The IMF’s projection is by and large in line with estimates from investment banks and other international organizations. Indian officials have been reticent about their own estimates. This is not surprising: India’s economy has not contracted since 1979. read more
Jun 26, 2020 10:38
Equity markets tailspinned into bear market territory in record time earlier this year as the virus and related lockdowns pounded sentiment, but they have broadly rallied from their March 23 low. read more
Jun 26, 2020 01:43
The lockdown imposed to slow the spread of the coronavirus disease officially ended on May 31, after 68 days, and we are in a phase (till June 30), that the government calls Unlock 1.0. read more