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IMF chief Georgieva tells creditors on debt restructuring: ‘Get it done’

IMF chief Georgieva tells creditors on debt restructuring: ‘Get it done’

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 3, 2021. REUTERS/Yves Herman/File Photo By Andrea Shalal WASHINGTON (Reuters) – Private and sovereign creditors should accelerate work on debt restructuring efforts for countries like Chad, Zambia and Ethiopia or risk…

Omicron variant likely to usher growth downgrades

Omicron variant likely to usher growth downgrades

© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee (IMFC), during the IMF and World Bank’s 2019 Annual Meetings of finance mi NEW YORK (Reuters) – Recent global economic growth projections from the International Monetary Fund are likely be…

Biden signs gov’t funding bill into law, averts shutdown

Biden signs gov’t funding bill into law, averts shutdown

© Reuters. U.S. President Joe Biden delivers remarks on the November jobs report at the White House in Washington, U.S., December 3, 2021. REUTERS/Kevin Lamarque WASHINGTON (Reuters) -U.S. President Joe Biden on Friday signed legislation funding federal agencies through mid-February, the White House said, averting a government shutdown after some Republicans had threatened a standoff…

China advisers to recommend lower 2022 GDP target as headwinds grow

China advisers to recommend lower 2022 GDP target as headwinds grow

© Reuters. FILE PHOTO: Residential buildings under construction and a power station are seen near the central business district (CBD) in Beijing, China, January 15, 2021. REUTERS/Tingshu Wang/File Photo By Kevin Yao BEIJING (Reuters) -Advisers to China’s government will recommend authorities set a 2022 economic growth target below the one set for 2021, giving policymakers…

European business says technical standards ‘new battleground’ for China, rest of world

European business says technical standards ‘new battleground’ for China, rest of world

© Reuters. FILE PHOTO: People walk along at financial district of Lujiazui in Shanghai, China October 15, 2021. REUTERS/Aly Song SHANGHAI (Reuters) – A European business group said on Thursday that technical standards were a “new battleground” for Chinese companies and their overseas rivals and urged Beijing to “provide fair and equal treatment” for all…