World economy

Geopolitical instability and a packed election calendar have strategists wary of 2024

Geopolitical risks will be the key threat to the economic outlook for 2024, as large-scale wars converge with a slew…

Trump-admiring populist Milei wins in Argentina, edging the country closer to a dollarized economy

Argentina’s Javier Milei, a far-right political outsider often compared to former U.S. President Donald Trump, vowed to deliver on his…

Ray Dalio says U.S. reaching an inflection point where the debt problem quickly gets even worse

Soaring U.S. government debt is reaching a point where it will begin creating larger problems, Bridgewater Associates founder Ray Dalio…

Israeli economists urge Netanyahu to re-open the nation’s budget to account for the war

Hundreds of influential Israeli economists are warning the government that it must make big economic changes quickly, including re-opening the…

‘Incredible alpha opportunities’ in the year ahead despite headwinds, says Carlyle Group CEO Harvey Schwartz

Several of Wall Street’s biggest names convened in Riyadh, Saudi Arabia, for the kingdom’s annual Future Investment Initiative, during which…

As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal

Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of…

Remittances to Mexico near a record but ‘super peso’ crimps spending power

People sending money back to Mexico this year have faced a new challenge: the “super peso.” The Mexican currency reached…

African ambassador criticizes IMF, World Bank for not giving enough loans

BEIJING — An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank…

Watch: IMF’s Georgieva and other leaders discuss debt relief and reforms on CNBC panel

[The stream is slated to start at 10:45 a.m. ET. Please refresh the page if you do not see a…

IMF hikes U.S. growth forecast for 2023, leaves global outlook unchanged

The International Monetary Fund on Tuesday released its latest World Economic Outlook, which revised its forecast for U.S. growth higher…