Por: Associated Press Business October 27, 2022
CAIRO (AP) — The International Monetary Fund reached a preliminary agreement with the Egyptian government Thursday that paves the way for the economically troubled Arab nation to access a $3 billion loan, officials said Thursday.IMF officials said a staff agreement between the Egyptian government and IMF leaders had been reached following months of talks, as Egypt struggles to combat surging inflation caused, in part, by the war in Ukraine. In... + full article
The New York Times USA World October 28, 2022
CAIRO — The International Monetary Fund announced a $3 billion loan to Egypt on Thursday, the fourth such bailout in six years, in what amounted to more of a Band-Aid than a life raft for a of the war in Ukraine.The loan, which is expected to be paid out over about four years,... + más
Egypt, IMF reach preliminary agreement for $3 billion loan | ABC News
Egypt, IMF reach preliminary agreement for $3 billion loan | Associated Press
ABC News USA World October 27, 2022
CAIRO -- The International Monetary Fund reached a preliminary agreement with the Egyptian government Thursday that paves the way for the economically troubled Arab nation to access a $3 billion loan, officials said Thursday.IMF officials said a staff agreement between the... + más
Is This the End of ‘Socialism for the Rich’? | The Atlantic
MarketWatch USA Business October 11, 2022
While the IMF maintained its forecast for 3.2% economic growth this year, the institution cut its estimate for 2023 to 2.7%, down from 2.9% During a press briefing at the IMF’s annual meeting that brings together central bankers and finance ministers in Washington, D.C., IMF... + más
IMF Warns 'Worst Is Yet To Come' | RTTNews
The Atlantic USA Opinion October 05, 2022
The IMF’s rebuke of Britain for tax cuts that will “increase inequality” is probably not the come-to-Jesus moment it might seem.Getty; The AtlanticOctober 5, 2022, 7:30 AM ETLast Thursday, the International Monetary Fund spooked the markets and surprised the commentariat... + más
Letter to the editor: Churchill had it right about contemporary socialism | Portland Press Herald
Biden Calls Out ‘Socialist Republicans’ Now Begging for Money From Program They Voted Down | The Daily Beast
MarketWatch USA Politics September 28, 2022
Add to unsustainable debt burdens The IMF imposes these “surcharges” on countries with a debt to the Fund greater than 187.5% of their assigned quota at the organization or when the loan lasts more than 36 or 51 months (depending on the type of program). These surcharges... + más
As Ukraine calls for more financial support, IMF plans in-person mission to war-torn country | MarketWatch
War-torn Ukraine sets sights on additional IMF support not tied to its Fund quota | MarketWatch
MarketWatch USA Politics September 27, 2022
The IMF has decided to allocate another $1.4 billion, Shmyhal’s office said, noting that the Fund also set up an administrative account though which other countries can provide support to the embattled nation. Canada and Germany have transferred more than $1 billion through... + más
Russia's invasion has been very profitable for the IMF, which is gouging Ukraine and other countries in crisis | MarketWatch
MarketWatch USA Politics September 24, 2022
On Sept. 13, Ukrainian president Volodymyr Zelensky tweeted about his discussions with IMF Managing Director Kristalina Georgieva. “Had a phone conversation with IMF Managing Director @KGeorgieva,” he wrote. “Thanked for the allocation of $1.4 billion of additional... + más
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