Stressing on the global community's role in recognising the Taliban regime, the IMF urged them to take urgent steps to stall a looming humanitarian crisis in the war-torn country.
Cash from international institutions & donors has underwritten Afghanistan’s financial system for decades. Any Afghan govt will come to realise that US is key to financial & economic security.
The creation of the reserve assets is the first since $250 bn issued after global financial crisis in 2009 & is meant to help nations deal with debt & fallout from the pandemic.
IMF slashes India's growth forecast by 3 percentage points in July World Economic Outlook report from April forecast of 12.5%, but raises 2022-23 forecast to 8.5%.
According to the Reserve Bank of India's weekly data, the increase in foreign exchange reserves was due to the surge in foreign current assets (FCA) that rose by $463 million.
India’s turn to a centrally planned economy began in the 1950s under PM Jawaharlal Nehru. But by 1991, the economy came to a grinding halt and faced a massive crisis.
Kochhar, who spent 3 decades at IMF, will retire on 30 July, and will join as Director of Development Policy and Finance, at the Bill and Melinda Gates Foundation.
TMC should worry about minority voters and how they view her ‘outside support’. Minorities are with the TMC but they have also watched Rahul Gandhi march across the country.
Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.
The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.
Even in the weeks leading up to Chamkila’s assassination there were massacres every other day. To airbrush all of this is sheer intellectual cowardice if not a crime.
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