Yellen to push for concrete actions at Paris debt summit
June 21 (Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
World Bank warns of ‘lost decade’ in global growth without bold policy shifts
New financial crisis could lead to “sharper” slowdown Boosting investment, cutting trade costs could reverse trend Raising labor force participation would boost growth rate WASHINGTON,...
German economy ministry calls for joint EU response to U.S. inflation act
BERLIN, Dec 9 (Reuters) – Germany wants a joint European response to the U.S. Inflation Reduction Act that would involve simplifying rules on state support...
IMF’s Georgieva says China, other big creditors must work to prevent debt ‘explosion’
International Monetary Fund chief Kristalina Georgieva meets Democratic Republic of Congo President Felix Tshisekedi in Kinshasa, Democratic Republic of Congo, December 8, 2021. REUTERS/ Hereward...
Californians urged to cut power use during extreme heat
Aug 17 (Reuters) – California’s grid operator urged the state’s 40 million people to ratchet down the use of electricity in homes and businesses on...
China halts high-level military dialogue with U.S., suspends other cooperation
Chinese and U.S. flags flutter outside a company building in Shanghai, China April 14, 2021. REUTERS/Aly Song//File Photo Register now for FREE unlimited access to...
Global renewable power prices soar on heavy demand, chaotic supply chain
April 13 (Reuters) – Prices for wind and solar power in major global markets have climbed nearly 30% in a year as developers have struggled...