World economy

Trump-admiring populist Milei lashes out at Argentina’s governors after major reform bill setback

Argentina’s president, Javier Milei, accused governors of seeking “to destroy” his sweeping economic reform bill, shortly after his ruling party…

China appoints ‘Broker Butcher’ Wu Qing as new chairman of securities regulator

China’s Cabinet on Wednesday appointed markets veteran Wu Qing as chairman of the China Securities Regulatory Commission, state media Xinhua…

China expresses concerns to U.S. over tariffs, sanctions in Beijing talks

China’s financial officials expressed concerns to visiting U.S. Treasury officials about U.S. tariffs, investment restrictions and sanctions set up to…

‘A slow fiscal death’ awaits some countries in this ‘decade of debt,’ says economist

The world is looking at a debt crisis that will span the next 10 years and it’s not going to…

Turkey’s new central bank governor, formerly at Amazon and New York Fed, seen as a ‘credible choice’

Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the…

Red Sea tensions risk significantly higher inflation, OECD warns

Elevated shipping costs as a result of ongoing tensions in the Red Sea could impede the global fight against inflation,…

Turkey’s inflation sees biggest monthly jump since August, nears 65% year on year

In January, Turkish inflation logged its biggest monthly jump since August with a 6.7% rise from December, while year-on-year inflation…

IMF warns British government against more tax cuts

LONDON — The U.K. government should not introduce further tax cuts this year, the International Monetary Fund said Tuesday, as…

IMF upgrades global growth forecast, citing U.S. resilience and policy support in China

The International Monetary Fund on Tuesday nudged its global growth forecast higher, citing the unexpected strength of the U.S. economy…

Euro zone economy narrowly skirts recession, stagnates in fourth quarter

The euro zone economy stabilized in the fourth quarter of 2023, flash figures published by the European Union’s statistics agency…