Leading Economist: "Net Zero Means Higher Interest Rates"

zerohedge.com Leading Economist: "Net Zero Means Higher Interest Rates" Authored by Rupert Darwall via The Epoch Times (emphasis ours), Politicians and climate activists portray net zero…

IMF warns without reforms, Lebanon could see hyperinflation

go.com BEIRUT -- The International Monetary Fund gave a grim assessment Thursday of Lebanon’s prospects for getting out of its deepening financial crisis, saying that without…

Sri Lanka reels from aftershocks of debt crisis

ft.com Colombo seals IMF deal but many remain sceptical about the country’s path to recovery

The Rubicon Crossed: The Energy World Turned Upside Down After The Ukraine War

forbes.com The International Criminal Court (ICC) issued an arrest warrant on 17th March against Vladimir Putin, leader of the world’s largest energy exporter (Russia), accusing him of…

Criticism of Italian Fiscal Policy: Outdated and Unfounded

instituut-pe.nl Dutch members of parliament like to criticize Italy. The country ought to implement more reforms. However, their arguments are based on persistent misunderstandings. These…

The current banking crisis is a 'worldwide phenomenon' that started long before SVB failed, Harvard professor and former IMF economist says

businessinsider.com SVB Financial's share price collapse is weighing on top bank stocks including JPMorgan and Bank of America. Dado Ruvic/Reuters Chaos in the banking sector was a long time…

‘Gerbil banking’ preceded the Great Depression. We’re seeing it again today

yahoo.com The recent action by a consortium of banks to deposit money in First Republic Bank harkens back to an earlier attempt to counter bank runs: the U.S. Postal Savings system.…

Analysis

washingtonpost.com Argentina is facing some of the world’s highest inflation, with a rate that’s back over 100% for the first time in three decades. The government is on its third economic…

Mission: Impossible Dead Reckoning Brings Back Fan Favorite

thewrap.com A legacy character is returning to the “Mission: Impossible” franchise and it’s probably not who you’d expect. On social media, writer/director Christopher McQuarrie just…

Mission: Impossible

looper.com Mission: Impossible - Dead Reckoning Adds Another Original Film Franchise Star To The Roster It seems as if another actor from 1996's first "Mission: Impossible" film is…

‘Mission: Impossible 8’ Brings Back Rolf Saxon From Famous Vault Scene in the First Movie

variety.com After 25 years, “Mission: Impossible” fans may finally find out whatever happened to William Donloe, the CIA analyst from the original movie who was supposed to be watching…

Peter Morici: America’s most powerful weapon to beat China and Russia in Cold War 2.0 is free trade

marketwatch.com The U.S. is in a new Cold War with China and something hotter with Russia. But the America’s shift to protectionism and overreliance on implementing economic sanctions are…

Ukrainian civilians killed as Russian artillery strikes hit apartment building, dormitories

pbs.org Ukraine’s president posted video Wednesday showing what he said was a Russian missile slamming into an apartment building in the southeastern city of Zaporizhzhia, killing…

Analysis: Credit Suisse collapse threatens Switzerland's wealth management crown

reuters.com [1/3] Logos of Swiss banks UBS and Credit Suisse are seen in Zurich, Switzerland March 20, 2023. REUTERS/Denis Balibouse ZURICH, March 22 (Reuters) - The fall of Credit…

IMF announces $15.6bn support package for Ukraine

theguardian.com The International Monetary Fund, the global lender of last resort, has agreed a package of support for Ukraine of $15.6bn (£12.8bn). The loan, the first the Washington-based…

IMF staff reaches agreement with Ukraine for $15.6bn program

arabnews.com WASHINGTON: The International Monetary Fund has reached a staff-level agreement with Ukraine for a four-year financing package worth about $15.6 billion, offering funds the…

Ukraine, IMF agree on $15.6 billion loan package

seattletimes.com The IMF and Ukraine have agreed on a new loan package to support the government's financies severely strained by Russia's invasion.

Months after Pakistan floods, millions lack safe water, U.N. says

nbcnews.com ISLAMABAD — The United Nations children’s agency on Tuesday warned that after last summer’s devastating floods, 10 million people in Pakistan, including children, still live…

Banking crisis complicates interest rate decisions

acast.com The IMF has struck a deal with Ukraine to provide a $15.6bn loan, some former central bankers say pausing rate increases because of the banking sector turmoil would be a…

Ukraine to clinch first IMF loan to nation at war

bbc.co.uk The organisation's first loan to a country at war is expected to be approved in the coming weeks. It would also be one of the largest financing packages Ukraine has received…

Treasury Secretary Janet Yellen said the SVB collapse is 'very different' from the 2008 crisis and that the financial system is 'significantly stronger than…

businessinsider.com U.S. Treasury Secretary Janet Yellen speaks during a news conference at the IMF and World Bank Annual Meetings at IMF headquarters, October 14, 2022 in Washington, DC.…

Treasury Secretary Janet Yellen says the US banking crisis is 'stabilizing' and the government could provide more backing for deposits

businessinsider.com U.S. Treasury Secretary Janet Yellen at IMF headquarters in October 2022 in Washington, DC. Drew Angerer/Getty Images The banking crisis that flared up after SVB's collapse…

Dubai inflation rises close to 5% in February on higher F&B prices

arabnews.com RIYADH: In line with the global trend, Dubai saw its annual inflation rate rising to 4.9 percent in February driven by an increase in food and beverages costs, the latest…

UN: Months after Pakistan floods, millions lack safe water

go.com ISLAMABAD -- The United Nations children’s agency on Tuesday warned that after last summer's devastating floods, 10 million people in Pakistan, including children, still…

IMF to assess Sri Lankan governance as part of $3B bailout

go.com COLOMBO, Sri Lanka -- The International Monetary Fund said Tuesday it is assessing Sri Lanka’s governance in the first case of an Asian country facing scrutiny for…

IMF to assess Sri Lankan governance as part of $3 billion bailout

nbcnews.com The senior mission chief for the IMF in Sri Lanka said the development lender was “conducting an in-depth governance diagnostic exercise which will assess corruption and…

Asia-Pacific markets rise after Wall Street saw gains on optimism led by regional banks

cnbc.com Shares of Indonesia's GoTo fell 4.6% as the firm posts a wider net loss Shares of GoTo Group fell as much as 4.62% in early Tuesday trading after the Indonesian tech giant…

Will a $3bn bailout be enough for Sri Lanka?

acast.com The IMF’s board has finally backed a $3bn bailout for Sri Lanka to help relieve a ‘catastrophic’ economic and social crisis, shares in First Republic Bank tumbled 47 per…

Sri Lanka agrees $3 billion IMF loan in boost for crisis-hit economy

cnn.com Sri Lanka on Monday secured a much-anticipated loan of about $3 billion from the International Monetary Fund (IMF) as the South Asian nation navigates its worst financial…

IMF is bullish Sri Lanka's crisis-stricken economy will recover as country gets bailout

cnbc.com Sri Lanka has struggled with severe shortages of food, medicine, fuel and electricity since last year. This has led to angry protests that forced then-President Gotabaya…

Sri Lanka, Its Economy Reeling, Is Approved for $3 Billion Rescue Loan

nytimes.com People awaiting trains at Colombo Fort Railway Station in Sri Lanka in January. Inflation of over 50 percent is just one factor dragging the economy down. The nation, having…

IMF approves critical $3B bailout package for Sri Lanka

go.com COLOMBO, Sri Lanka -- The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to…

IMF approves critical $3-billion bailout package for Sri Lanka

theglobeandmail.com The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the…

IMF approves $3bn bailout for Sri Lanka

nikkei.com The International Monetary Fund on Monday said its executive board approved a nearly $3 billion bailout for Sri Lanka, and the country's presidency said the program will…

Sri Lanka: $2.9bn IMF bailout for struggling economy

bbc.co.uk The deal has been nearly a year in the making and a lifeline for the country that has billions of dollars in loans. A shortage of medicines, fuel and other essentials also…

How To Ensure Your Business Wins, No Matter What 2023 Throws at It

newsweek.com With 2023 now well underway, business leaders are feeling uneasy. 2022 was a turbulent ride, beginning with a spike of hope that the pandemic was ending, only to crash into…

Star Bulk Carriers: Increasing Capesize Rates Vs. Weak Q4 2022 Performance

seekingalpha.com Star Bulk Carriers' (NASDAQ:SBLK) TTM dividend yield is 25% and its forward dividend yield is 11.73%. The company's TTM cash dividend payout ratio is 90%, significantly…

Credit Suisse’s recent history is filled with controversy

theglobeandmail.com UBS Group’s UBS-N US$3.25-billion all-share deal to buy troubled rival Credit Suisse Group CSGKF was announced on Sunday evening after a week of uncertainty for the…

De-dollarization: World faces threat of economic catastrophe - The Sunday Guardian Live

sundayguardianlive.com Global use of the US dollar as a currency may decline further to 40-45% within the next 2-3 years. March 2023 brought an economic bloodbath in the United States. One of the…

Interest Rate Hikes and IMF Bailouts: the US Tries to Roll Back Chinese Influence in the Global South

nakedcapitalism.com In their February paper, “US Dollar Primacy in an Age of Economic Warfare,” presented at the West Point Symposium on “Order, Counter-Order, Disorder” Michael Kao and Michael…

Apollo’s Slok Says Bank Crisis Will Tip US Into Hard Landing

yahoo.com If you asked Torsten Slok a week ago how the economy was going to fare this year, he would have told you he was expecting a no-landing scenario, whereby the Federal Reserve…

Xi-Putin summit, Thai House term ends, TikTok CEO testifies in U.S

nikkei.com Welcome to Your Week in Asia. Chinese President Xi Jinping travels to Moscow to meet with Russian President Vladimir Putin, while the prime ministers of Japan and India talk…

Sri Lanka counts down to IMF bailout seen as 'just the beginning'

nikkei.com COLOMBO -- Sri Lanka is counting the minutes to Monday, when the International Monetary Fund's executive board is expected to approve a $2.9 billion bailout for the bankrupt…