Crude Oil News
Everybody Loves Oil Again
The reopening of the Chinese economy and hopes that the world can avoid a recession have spurred traders to buy oil and fuel futures at the fastest pace since 2020. The bulk of purchases was […]
IMF
Finance
IMF Head Warns Third Of World In Recession This Year – snowball will impact everyone.
International Monetary Fund Managing Director Kristalina Georgieva warned on CBS’s ‘Face the Nation’ in an interview aired on Jan. 1 that a third of the global economy will be in recession this year and investors […]
Aljazeera International
IMF approves $3bn support package for Egypt
The International Monetary Fund has approved a deal that will provide a $3bn support package to cash-strapped Egypt over almost four years, with the agreement expected to draw in an additional $14bn in financing for […]
Finance
IMF’s Forecast For Global Economy Is Gloomy The Daily Financial Trends
In its latest report compiled for the G20 summit, the International Monetary Fund (IMF) has downgraded the forecast for the global economy, noting that the “outlook is gloomier” than it had previously expected. Since January, […]