China spent $240 billion bailing out 'Belt and Road' countries: StudyAlmost 80% of the lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakistan, acc...
28 Mar, 2023, 11.17 PM IST
China spent $240 bn bailing out 'Belt and Road' countries- StudyChina has lent hundreds of billions of dollars to build infrastructure in developing countries, but lending has tailed off since 2016 as ma...
28 Mar, 2023, 03.06 PM IST
China spent $240 billion bailing out 'Belt & Road' countries: StudyAlmost 80% of the rescue lending was made between 2016 and 2021, mainly to middle-income countries including Argentina, Mongolia and Pakist...
28 Mar, 2023, 08.10 AM IST
Gold inches higher; set for worst quarter in five as dollar shinesThe dollar ticked up towards recent two-decade peaks, and could record its best quarter in over five years, making gold less attractive for...
30 Jun, 2022, 07.23 AM IST
Russia, Belarus squarely in 'default territory' on billions in debt: World BankThe specter of Russia defaulting on $40 billion of external bonds - its first major such default since the years following the 1917 Bolshev...
09 Mar, 2022, 11.30 PM IST
IMF board reaffirms confidence in Kristalina Georgieva who is accused of altering data to favour ChinaA 24-member IMF board reached the decision on Monday after marathon meetings over the past week, where members debated the future of Georgi...
12 Oct, 2021, 09.16 AM IST
Poor countries' debt rose 12% to record $860 bln in 2020: World BankThe G20 and Paris Club of official creditors launched a Common Framework for Debt Treatments last year to restructure unsustainable debt si...
11 Oct, 2021, 07.14 PM IST
Less extreme lockdown to work better for India: Carmen Reinhart, chief economist, World BankConstrained fiscal capacity and little policy room with a big informal sector pose challenges, says Reinhart in an interview to ET.
19 Apr, 2021, 09.44 AM IST
Constrained fiscal capacity, limited monetary policy room can hit India hard: World Bank chief economistReinhart ruled out a threat of a repeat of the taper tantrum of 2013 for India, or a sharp sell-off by foreign institutional investors, but...
19 Apr, 2021, 09.26 AM IST
Global economy can shake off pandemic in 2021, leaders sayWorld Bank Chief Economist Carmen Reinhart said increasing debt distress in many of those countries meant that China, now the world's large...
13 Jan, 2021, 06.23 PM IST
G20 finalizing work on common framework for debt reductionsAgreed in principle by G20 officials last month and endorsed by the Paris Club of official creditors, the framework will essentially extend...
11 Nov, 2020, 06.01 PM IST
Global economic recovery may take five years, says World Bank chief economist Carmen Reinhart"There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as mu...
17 Sep, 2020, 02.21 PM IST
Globalisation is probably dead; US-China trade tensions are backUS closely studying economic penalties for China for its security legislation plan in Hong Kong.
24 May, 2020, 10.05 AM IST
It was China’s decade of bonds as US still owns equity marketsBonds issued by Chinese entities account for about 12 per cent of debt securities outstanding.
31 Dec, 2019, 10.21 AM IST
US Federal Reserve rebuffs calls to take the threat of fallout in emerging marketsFed officials rebuffed international calls to take the threat of fallout in emerging markets into account when tapering the monetary stimul...
27 Aug, 2013, 03.44 AM IST
In macroeconomics ideas are more powerful than factsThe other is new work from the IMF on the relationship between inflation and unemployment.
23 Apr, 2013, 04.58 AM IST
Countries doing well think they're doing everything right: RogoffThe US has been picking up. And executives have been thinking about investing more in the US than they were. The next decade is going to be...
31 Jan, 2011, 05.00 AM IST