{
}
President Trump's new tariffs, including a 24% levy on Japan and a 25% on South Korea, could lead to significant price increases for consumers and risk igniting inflation and recession. The measures have sparked global market turmoil and prompted threats of retaliation from various countries, raising concerns over the future of international trade. Analysts warn that these tariffs may alienate allies and disrupt supply chains, while the administration claims they will bolster domestic manufacturing and create jobs.
The IMF has approved a $400 million disbursement for Ukraine as part of the Extended Fund Facility, bringing total funding to $10.1 billion out of a planned $15.6 billion over four years. Despite a resilient economy, challenges persist, with inflation exceeding expectations and a projected growth slowdown into 2025. External financing remains crucial as Ukraine faces ongoing economic pressures from the war.
UBS economists indicate that Argentina is close to securing a positive deal with the IMF, following optimistic discussions between President Javier Milei and IMF Director Kristalina Georgieva. Economy Minister Caputo expects an agreement by April, crucial for repaying debt and enhancing central bank reserves, with potential funding exceeding $12 billion, possibly reaching $20 billion. The deal may also facilitate easing capital controls and transitioning to a more flexible exchange rate.
UBS economists indicate that Argentina is nearing a positive agreement with the IMF, following optimistic discussions between President Javier Milei and IMF Director Kristalina Georgieva. Economy Minister Caputo anticipates an agreement by April, crucial for repaying debt and potentially easing capital controls. The IMF may provide over $12 billion, with discussions ongoing about the program's total, which could reach up to $20 billion, including new funds.
UBS economists indicate that Argentina is nearing a positive agreement with the IMF, following constructive discussions between President Javier Milei and IMF Director Kristalina Georgieva. Economics Minister Caputo anticipates a deal by April, which may include up to $20 billion, crucial for managing debt repayments and enhancing central bank reserves. The agreement is expected to facilitate a shift towards a more flexible exchange rate regime.
The IMF forecasts global growth to remain at 3.3% in 2025, slowing to just above 3% over the next five years, with MENA growth rebounding to 3.6% due to increased oil production and easing conflicts. However, rising global public debt is projected to reach 100% of GDP by 2030, with many MENA countries exceeding 70%, risking a low-growth, high-debt scenario. Key challenges include job creation, social safety nets, and economic diversification, while digital innovation, particularly AI, is expected to significantly boost the UAE’s GDP by 2030.
Xi Jinping has reaffirmed China's commitment to achieving a 5% GDP growth target this year, positioning the country as a key driver of global economic expansion. Following a shift in monetary policy aimed at addressing weak consumption and deflation, Chinese stocks saw initial gains, while bond yields hit record lows. As trade data reveals a decline in imports and modest export growth, investors await further government measures to stimulate domestic demand amid ongoing economic challenges.
A coalition of international organizations has launched guidelines to leverage open finance for enhancing digital financial services and promoting financial inclusion, particularly for the 1.4 billion people without basic transaction accounts. The initiative aims to democratize access to financial products while addressing potential risks related to data security and consumer protection. Key figures emphasize the importance of balancing innovation with adequate regulation to ensure the benefits of open finance are realized for all, especially marginalized groups and small businesses.
IMF chief Kristalina Georgieva will attend the UN climate summit in Baku virtually, marking her first absence in person in four years. Her decision comes as she travels to Peru for an Asia-Pacific Economic Cooperation forum, followed by a Group of 20 leaders summit in Brazil.
Egypt is conducting a comprehensive survey to assess the effects of significant economic reforms on its population, collaborating with the International Monetary Fund to protect the most vulnerable. Discussions during IMF chief Kristalina Georgieva's upcoming visit to Cairo will focus on the readiness of social protection programs and a potential review of the $8 billion loan deal amid regional instability.
Kristalina Georgieva
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
trump tariffs spark global trade tensions and threaten consumer prices
United States Dollar
General Motors Company
Apple Inc.
Stellantis N.V.
NIKE, Inc.
TWN
FRA
CHN
CAN
KOR
JPN
MEX
IND
USA
James Lucier
Mark Carney
Howard Lutnick
Shigeru Ishiba
Kristalina Georgieva
JD Vance
Donald Trump
Peter Navarro
Emmanuel Macron
Show more
07:54 04.04.2025
IMF approves 400 million funding for Ukraine amid ongoing economic challenges
04:32 29.03.2025
Argentina and IMF nearing agreement to secure crucial financial support
United States Dollar
Argentine Peso
International Monetary Fund FUND
USA
ARG
Kristalina Georgieva
Javier Milei
Donald Trump
Show more
13:23 04.03.2025
Argentina moves closer to IMF agreement amid positive negotiations and reforms
United States Dollar
Argentine Peso
USA
ARG
Kristalina Georgieva
Javier Milei
Donald Trump
Show more
13:18 04.03.2025
Argentina and IMF nearing agreement to secure vital financial support
United States Dollar
Argentine Peso
USA
ARG
Kristalina Georgieva
Javier Milei
Donald Trump
Show more
13:18 04.03.2025
IMF warns of slowing global growth and rising debt challenges ahead
17:44 10.02.2025
China aims for 5 percent growth as leaders boost economic confidence
United States Dollar
Chinese Yuan
CHN
USA
Donald Trump
Ajay Banga
Xi Jinping
Kristalina Georgieva
Show more
09:58 10.12.2024
ew guidelines aim to enhance financial inclusion through open finance initiatives
United States Dollar
World Bank
Bank for International Settlements
Ajay Banga
Agustín Carstens
Kristalina Georgieva
Queen Máxima of the Netherlands
Show more
22:11 20.11.2024
imf chief to attend climate summit virtually due to scheduling conflicts
Asia-Pacific Economic Cooperation
Group of 20
International Monetary Fund FUND
BRA
PER
AZE
Kristalina Georgieva
Show more
19:38 30.10.2024
egypt and imf assess impact of economic reforms on vulnerable populations
08:41 28.10.2024
Trending
Subcategory
Industry Trends
Corporate News
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Retail and Consumer Goods
Supply Chain Management
Industry Mergers & Acquisitions
Stock Market Updates
Energy Sector Developments
Venture Capital Investments
Global Financial Events
Finance Mergers & Acquisitions
Central Bank Actions
Cryptocurrency & Blockchain Regulations
Emerging Startups
Funding Rounds & Investments
Inflation and Monetary Impact
Private Equity Deals
Market Analysis and Predictions
Countries:
Companies:
Apple Inc.
NVIDIA Corporation
Google Inc.
Dell Technologies Inc.
Samsung Securities Co.,Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
XPeng Inc.
Toyota Motor Corp
State Street Global Advisors Luxembourg SICAV - SSGA EMU ESG Screened Equity Fund
European Union Bonds
Taiwan Semiconductor Manufacturing Company Limited
Microsoft Corporation
Verizon Communications Inc.
OpenAI ERC USD
SLB 4,6% 01JUN25
Equinor Ventures AS
Quanta Services, Inc.
Gold Circuit Electronics Ltd.
Unimicron Technology Corp.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Japanese Yen
Australian Dollar
United Arab Emirates Dirham
British Pound Sterling
New Taiwan Dollar
New Zealand Dollar
Vietnamese Đồng
South Korean Won
Egyptian Pound
Thai Baht
Saudi Riyal
Indonesian Rupiah
South African Rand
Malaysian Ringgit
Singapore Dollar
Lebanese Pound
People: