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Brazil's Lula raps US dollar, IMF amid bolstering China ties
Apr 14, 2023 05:22Brazil’s president has blasted the monstrous role of the US dollar in the global economy during a formal visit to China after the two nations forged a recent pact to replace the dollar with their own currencies in trade deals.
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IMF chief warns of darker global outlook and higher recession risk
Oct 07, 2022 06:37IMF Managing Director Kristalina Georgieva has sounded the alarm regarding the "darkening" global outlook, warning world leaders that the global economy was headed towards a recession if instability continued.
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Sri Lanka gains IMF's provisional agreement for $2.9 billion loan
Sep 01, 2022 08:21Sri Lanka has reached a preliminary agreement with the International Monetary Fund (IMF) for a loan of about $2.9 billion, the global lender said on Thursday, as the country seeks a way out its worst economic crisis in decades.
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Afghanistan a living example of US belligerence: China
Aug 20, 2022 11:20China says Afghanistan is a living example of what the United States’ belligerence creates; the nation still suffers from the impact of two decades of war, which reduced the country to rubble and ruined the future of an entire generation.
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IMF expects Iran economy to grow by 3% in 2022
Apr 20, 2022 00:53The International Monetary Fund (IMF) expects the Iranian economy will continue to grow in 2022 despite continued pressure on the country because of American sanctions and the economic impacts of the coronavirus pandemic.
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Afghanistan on brink of 'irreversible' economic collapse: UN envoy
Mar 03, 2022 07:29Humanitarian agencies may have distributed enough aid to Afghanistan to prevent large-scale famine and starvation, but the economic challenges have left the country on the brink of “irreversible” ruin, the UN envoy to Kabul says.
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US must ‘respond positively’ to UN call to release Afghan funds: Taliban
Jan 14, 2022 14:07The Taliban government has called on the United States to release billions of dollars of Afghanistan’s frozen assets to avoid a worsening humanitarian crisis after the 20-year invasion of the war-ravaged country by US-led forces.
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IMF cuts US growth outlook and warns of rising risks to the global economy
Oct 12, 2021 14:08Persistent supply chain disruptions and pricing pressures are constraining the global economy’s recovery from the COVID-19 pandemic, the International Monetary Fund said on Tuesday as it cut growth outlooks for the United States and other major industrial powers.
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Iran’s chief banker rejects IMF estimate about dwindling reserves
Apr 14, 2021 00:36Central Bank of Iran (CBI) Governor Abdolnasser Hemmati has rejected as flawed a recent estimate by the International Monetary Fund (IMF) which suggests Iran’s foreign currency reserves declined significantly in 2020 to only $4 billion.
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IMF revises forecasts, says Iran achieved positive economic growth in 2020
Apr 07, 2021 00:41The International Monetary Fund (IMF) has revised its analysis of the economic situation in Iran in 2020 as its latest estimates suggest that the country recorded a positive economic growth last year despite grappling with US sanctions and the impacts of the coronavirus pandemic.