International Monetary Fund – IMF
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Short on greenbacks, the South American nation has paid part of its IMF loan with Chinese yuan © Getty Images /…
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More countries are shifting to national currencies in trade, according to Aleksey Mozhin © Getty Images / Martin Poole Washington…
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The freezing of Russia’s forex holdings has accelerated de-dollarization around the world, experts say © Getty Images / Oleksandr Shchus The…
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The world is at risk of splitting into rival economic blocs, Kristalina Georgieva believes Kristalina Georgieva, Managing Director of the…
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Kristalina Georgieva says there are no viable alternatives for a global reserve currency Kristalina Georgieva, IMF Managing Director at the…
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Resilient oil exports have supported the country’s economy, a report concludes © Getty Images/Westend61 The Russian economy has proven to…
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Former US Treasury Secretary Larry Summers has warned that America is losing global influence as other powers form trading blocs…
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Rejecting globalization for rival trade alliances would end badly, Kristalina Georgieva warned © Getty Images / Celal Gunes Allowing the…
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Interest payments and the shift to clean energy will add to government spending, the organization warns © Getty Images / dblight…
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Despite the change, the exit of Western firms could still harm the country’s economy in the long run, the body…