ECB’s Lagarde says she can’t imagine US will default on debt
European Central Bank President Christine Lagarde said she doesn’t foresee the US defaulting on its debt, saying such an outcome...
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IMF says U.S-China tensions could cost the world about 2% of its output
The most notable push for "friend-shoring," the IMF says in its report, is seen in the series of recent bills...
World Bank raises outlook for East Asia, says banking sector is sound
The East Asia and Pacific region is projected to expand by 5.1% in 2023, up from the 4.6% it forecast...
Major fears are sweeping into Israel’s economy
Investors increasingly worry that ratings agencies will cut Israel due to a serious political crisis.Massive protests have intensified as Israel's...
Germany’s Scholz committed for Free Trade deal between India, EU
The EU and India revived negotiations to forge a free trade agreement last year with the aim of completing talks...
Robust US-Pak Trade Relationship Is More Important Than Ever To Bolster Pakistan’s Economic Stability: Official
A delegation of Pakistani officials is here in town for the Trade and Investment Framework Agreement Council ministerial meeting, which...
Biden will press GOP on debt ceiling, tout economy in annual address
2 Mins AgoBiden needs to explain how the U.S. will exit the Covid emergency without leaving people behindKevon Jaskin, a...
Dollar strength nears end with small Fed rate hike, breaks 101 handle
The U.S. dollar index continued to slump on Thursday as the Federal Reserve opted for a smaller interest rate hike...
‘Greatest tragedy’ would be if central banks don’t finish the job on inflation
Larry Summers at the World Economic Forum in Davos, Switzerland.David A. Grogan | CNBCCentral banks not finishing what they have...
Why is bitcoin (BTC) rallying in January?
A number of factors are behind bitcoin's New Year rise, according to analysts, including an increased probability of interest rates...
