(Bloomberg) US Treasury Secretary Janet Yellen and Pan Gongsheng, governor of the People’s Bank of China, held talks Friday in Marrakech, Morocco, extending a series of high-level meetings that could lead to another summit for Presidents Joe Biden and Xi Jinping next month.Most Read from BloombergTop House Republican Wants Help From Democrats to Pick a SpeakerIsrael Latest: Rallies Grow as Army Calls for Evacuation in GazaIsrael Latest: UN Staff Given Evacuation Order for Northern GazaVideo G
(Bloomberg) Africa needs international relief from a vicious funding squeeze that have left as many as eight of its countries requiring debt restructuring, an International Monetary Fund official said.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsIsrael Latest: NATO Allies Urge Immediate Release of HostagesApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard as Chin
(Bloomberg) The International Monetary Fund said it’s in “close engagement” with Egypt to set the dates for discussing a much-delayed review of a $3 billion rescue program, citing recent progress on reforms.Most Read from BloombergIsrael Latest: Hamas Leaders Targeted as Ground War LoomsIsrael Latest: NATO Allies Urge Immediate Release of HostagesApollo CEO Marc Rowan Demands UPenn Leaders Quit Over ‘Antisemitism’Goldman Sues Malaysia as 1MDB Settlement Dispute EscalatesIMF Caught Off Guard a
(Bloomberg) The International Monetary Fund’s No. 2 official says that the war between Israel and Hamas could spur inflation and hamper global growth if it turns into a wider conflict that causes a significant increase in oil prices.Most Read from BloombergIsrael Latest: Israeli Death Toll in Hamas Attack Reaches 1,200Hamas Got Around Israel’s Surveillance Prowess by Going DarkIsrael Latest: Top US General Warns Iran to Stay Out of ConflictIsrael Latest: Hezbollah, Israel Trade Fire on Lebano
(Bloomberg) Egypt will “bleed” precious reserves unless it devalues its currency again, the managing director of the International Monetary Fund said, as she praised other steps her institution’s second-largest borrower has taken to right its stricken economy.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOzempic Is Making People Buy Less Food, Walmart SaysThe Moral Case for No Longer Engaging With Elon Musk’s XOnly an Equities Crash Can Rescue the Bond