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U.S. Offers Argentina Support on IMF Talks and Lithium

Juan Gonzalez, the adviser to U.S. President Joe Biden and the National Security Council's Western Hemisphere senior director, confirmed that a U.S. delegation offered support to Argentina's president-elect Javier Milei during the South American nation's talks with the International Monetary Fund (IMF) as well...

France Unlikely To Reach Budget Deficit Target, IMF Claims

Pierre-Olivier Gourinchas, the chief economist of the International Monetary Fund (IMF) said that France is unlikely to meet its target of narrowing its budget deficit to 2.7% in 2027. According to the economist, this is primarily because of the government's current policies, with changes...

IMF to Loan Argentina Up to $10.8 Billion for Rest of 2023

Argentina could receive as much as $10.8 billion in loans from the International Monetary Fund (IMF) for the rest of the year as part of a refinancing agreement to help the South American nation to cope with a turbulent period of presidential elections. The IMF...

Italy Pledges to Assist IMF in Stabilizing Tunisia

Italy confirmed on Thursday that it is willing to inject fresh investments into Tunisia, helping to negotiate an International Monetary Fund bailout for the North African country in the process. This move is expected to help curb the growing volume of migrants entering Italy...

IMF Warns That World Economy Headed For Weakest Growth Since 1990

International Monetary Fund Managing Director Kristalina Georgieva announced on Thursday that global economic growth is in danger of experiencing the lowest medium-term growth since 1990. With the IMF/World Bank meetings scheduled for next week, the IMF director stated that global growth is set to...

IMF Calls For Caution As Financial Instability Threatens Stunt Global Economic Growth

International Monetary Fund managing director Kristalina Georgieva on Sunday called for caution as risks to financial stability continue to rise. Georgieva went on to state that she expects 2023 to be another financially challenging year, with global economic growth slowing to 3% following the...