Tag: International Monetary Fund
How Beijing is changing the international financial architecture with bailout loans
Chinese Central Bank (PBOC) in Beijing 60 percent of all Chinese foreign loans are now at risk of default. (Photo: Reuters) Berlin The numbers are huge: since 2010, China has…
IMF anticipates a tough year for the global economy
IMF chief Kristalina Georgieva According to IMF estimates, the global economy is likely to grow by 2.7 percent in 2024. (Photo: dpa) new York The International Monetary Fund is expecting…