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The tasks urged increased credit support for critical areas of service consumption to reinvigorate weak domestic demand
The BoE cut rates by 0.25 percent to 5.0 percent, a decision viewed as a close call
The report projected 2.1 percent U.S. economic growth in 2024, down from 2.5 percent in 2023
The central bank raised its short-term policy rate to levels not seen since 2008, defying market expectations
Germany, Eurozone's biggest economy, unexpectedly contracted 0.1 percent in Q2
The Ethiopian central bank has floated the birr, a crucial step for securing IMF support and progressing its debt restructuring
The U.S. eclipsed the $34 trillion threshold in early January 2024
Malaysia's bid to join BRICS was a key agenda item in India's PM's meeting with the Russian Foreign Minister
The solid growth is driven by resilient consumer spending and business investment
Exports reached €19.8 billion ($21.5 billion), mainly due to increased prices of olives and olive oil
The agreement aims to build trust, ensure predictability for businesses, and remove barriers to digital trade
The country’s birth rate hit a record low of 730,000 in 2023, while deaths reached a record high of 1.58 million
A breakdown of the data showed that the central government collected around 5 trillion yuan in fiscal revenue
However, the IMF has slightly lowered its 2025 growth forecast to 2.2 percent
14.64 million foreign nationals entered China through various ports during the first six months of the year
The Fund expected consumption boost from wage increases
The number of cars exported totaled 1,467,196 units, up 3.2 percent over the same period
The e-visa, or electronic visa, is the digital version of the traditional paper visa
Real GDP grew by 1.1 percent in 2023, supported by net exports, while consumption remained weak
ICT exports totaled $108.9 billion, the second-highest figure for the period
This agreement, Pakistan's 24th IMF bailout, now awaits approval from the IMF's executive board
The BLS data also showed that consumer prices fell by 0.1 percent on a monthly basis
In 2023, wealth growth across the world has recovered from its 3 percent contraction the previous year
BOJ faces pressure to hike rates on its upcoming meeting
