Yellen, IMF see economic risks from Gaza war
U.S. Treasury Secretary Janet Yellen said the unprecedented attacks on Israel by Palestinian Islamist group Hamas posed additional risks to an already tepid global economic outlook, but the United States still appeared headed for a soft landing.
IMF fiscal chief: U.S., China must rein in debt, face different challenges
The U.S. and China will both need to make major changes to put their medium-term debt and deficit on a sustainable path, International Monetary Fund fiscal affairs director Vitor Gaspar said on Wednesday.
Tokyo Stock Exchange kicks off carbon credit trading
TOKYO, Reuters - The Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, a key element in the world's fifth-largest carbon dioxide (CO2) emitter Japan's strategy to tackle climate change.
IMF says global economy ‘limping along,’ cuts growth forecast for China, euro area
MARRAKECH, Morocco (Reuters) - The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro area and said overall global growth remained low and uneven despite what it called the "remarkable strength" of the U.S. economy.
World Bank explores expanding loan guarantees for private financing
The World Bank on Monday said it is looking at ways to expand the guarantees it provides for commercial loans to boost the private financing available to developing countries.
