WASHINGTON (Reuters) – During a blue sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped propel the world as additional cash from tax cuts and spending by the government flowed through national funds and global markets FILE PHOTO: A 3D …
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RIAD / WASHINGTON (Reuters) – Finance officials from the Group of 20 major economies on Saturday pledged to continue to use “all available policy tools” to combat the coronavirus pandemic and strengthen the global economy, warning that the outlook remains highly uncertain . Saudi Finance Minister Mohammed al-Jadaan wears a …
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A tourist walks through Terminal 3 of the Dubai airport in the United Arab Emirates on July 8, 2020, as the country reopened its doors to international visitors in hopes of reviving its tourism industry after a nearly four-month shutdown. Giuseppe Cacace | AFP | fake pictures The International Monetary …
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BUENOS AIRES (Reuters) – Argentina’s government unveiled a modified debt restructuring proposal on Sunday and set a deadline of August 4 for creditors to accept it, adding some key sweeteners as it appears to calm recent tensions with the bondholders and come to an agreement. FILE PHOTO: The President of …
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Fitch Ratings has downgraded a record 33 sovereign ratings in the first half of this year, and the agency is not yet done as the coronavirus pandemic affects government finances. James McCormack, global head of sovereign ratings at Fitch, said the agency has placed the credit ratings of 40 countries …
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