The Strategist
World & Politics

IMF does not expect recession in US economy - 04/20/2022

The International Monetary Fund (IMF) does not forecast a recession in the US economy. This was reported by the director of the IMF Monetary and Capital Markets Department Tobias Adrian. Adrian noted that so far the fund does not expect recession, but there are still risks of unfavourable developments in the American economy. "If further negative supply shocks or real activity follows, we could...

Qatar and South Korea discuss energy cooperation - 04/19/2022

Saad al-Kaabi, Qatar's Minister of State for Energy, met with Moon Sung-wook, South Korea's Minister of Trade, Industry, and Energy, in Doha, to discuss energy cooperation. "During the meeting, discussions centered on energy relations, cooperation between Qatar and Korea, and methods to strengthen them," according to the press release. Last July, South Korea agreed to supply from Qatar...

Reuters: Russia asked Brazil for support at IMF and G20 amid sanctions - 04/18/2022

According to Reuters, Russian Finance Minister Anton Siluanov has requested Brazilian Economy Minister Paulo Guedes for help against penalties at the International Monetary Fund (IMF), the World Bank, and the G20. Mr. Siluanov's letter was cited by the agency. The paper, dated March 30, was presented to the Brazilian minister on April 13 by the Russian envoy. According to Reuters, Russia's...

IMF expects global economy to decline further in 2023 - 04/15/2022

The IMF's Managing Director Kristalina Georgieva warned on Thursday that the global economic growth forecast for next year will be reduced further due to the pandemic and the situation in Ukraine. "We expect the global economy to contract further in 2022 and 2023," the IMF director said in remarks streamed on the organization's website. "Fortunately for most countries," she says, "growth will...

International organizations concerned about global food supplies - 04/14/2022

In view of the conflict in Ukraine, the International Monetary Fund (IMF), the World Trade Organization (WTO), the United Nations World Food Programme (WFP) and the World Bank have issued a joint statement urging the international community to take immediate steps to ensure food security. "Worsening crises are shaking the planet. The war in Ukraine is exacerbating the COVID-19 pandemic, which is...

Experts lower forecast for Germany's GDP growth - 04/14/2022

Kiel Institute’s expert: German conjuncture is in a complex process of development. Stefan Kooths, vice president and director of the conjuncture department at the Kiel Institute for World Economics, said at a briefing in Berlin that economic growth in Germany in 2022 will be only 2.7%, while in the fall the forecast was 4.8%, and inflation will grow to 6.1%. Presenting the joint forecast...

Sri Lanka declares default on external debt due to COVID-19 consequences - 04/13/2022

Sri Lankan authorities have declared a default on their external debt for a period of time as they wait for these commitments to be restructured in accordance with the IMF-backed economic reform program, according to the Ministry of Finance. "Since its independence in 1948, Sri Lanka has maintained an excellent record of international debt service. Recent developments, such as the impact of the...

Macron ahead of Le Pen in the first round of French presidential elections - 04/12/2022

Emmanuel Macron was ahead of Marine Le Pen by almost 5% in the first round of presidential elections in France. The current president of France Emmanuel Macron received 27.84% of the votes during the first round of the presidential election. The results of the processing of 100% of the vote are shown on the website of the Ministry of Internal Affairs of the country. The first round was held on...

Analysts waiting for US inflation to hit 41-year high - 04/12/2022

Consumer prices in the United States in March rose 8.5% after 7.9% months earlier, DailyFX portal analysts believe. The country's Ministry of Labor will publish the official release on consumer prices in the US in the morning of Tuesday, April 12. The indicator - in the case of coincidence with the opinion of analysts - will become the maximum since December 1981. Same day, the Federal...

Italy and Algeria to sign agreement on new gas supplies - 04/11/2022

Italian Prime Minister Mario Draghi is traveling to Algeria with Foreign Minister Luigi Di Maio to sign a deal on natural gas supplies from Algeria to the Apennines, according to the Italian foreign minister. "I will be in Algeria tomorrow morning with President Draghi to sign an important gas agreement that will allow us to respond to possible Russian gas blackmail," Di Maio said at a press...
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