The African countries are complaining at the annual meeting of the IMF and World Bank about only slow progress in terms of aid. In the face of inflation and climate catastrophes, many are at risk of default. At the annual meeting of the International Monetary Fund (IMF) and World Bank, finance ministers from many African […]
Digging Into It
Russia is expecting a longer war against Ukraine due to US weapon deliveries to the country, Kremlin spokesman Dmitry Peskov said. The US-announced delivery of anti-aircraft systems will make the conflict longer and more painful for the Ukrainian side, Peskov told Interfax news agency. “The confrontation will continue,” Peskov said, referring to a meeting of […]
Digging Into It
The US economy is currently facing several challenges, including an overheating economy and high inflation, and the possibility of a Federal Reserve-induced recession. In response to these challenges, the Fed may need to push unemployment higher than its 4.1% projection to return inflation to the 2% target. This could have a negative impact on the […]
Digging Into It