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WB downgrades global growth forecasts, poorest countries hardest hit

News Desk
2019-06-07

UNITED NATIONS: The World Bank has lowered its expectations of global economic growth for this year in a new report,...

IMF warns U.S.-China tariffs to slash global growth in 2020

News Desk
2019-06-06

International Monetary Fund has warned that current and threatened U.S.-China tariffs could slash global economic growth by 0.5 percentage point...

China s trade surplus with U.S. widens to 22.19 billion in April

News Desk
2018-05-08

China’s trade surplus with the United States widened to $22.19 billion in April, from $15.43 billion in March, customs data...

IMF says Egypt must deepen reforms to catch window of global growth

News Desk
2018-05-06

CAIRO: Egypt will have to deepen its IMF-backed reforms and better encourage private sector growth if it wants to cash...

Asia stocks supported by Global growth optimism, dollar strong

News Desk
2017-11-21

TOKYO: Asian stocks edged higher on Tuesday as investors took heart from further evidence of strength in the global economy,...

IMF warns US over high poverty, inequality and economy

News Desk
2016-06-22

WASHINGTON: (APP) The International Monetary Fund warned the United States on Wednesday over poverty and rising inequality in the country,...