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Saudi Arabia currency – Getty Images
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The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas
IMF Monitors Egyptian Economy
Cairo-The International Monetary Fund’s executive board has approved a three-year $12bn loan to Egypt to boost its economy, drop public debt, and control inflation. The IMF said its board’s approval allows for a disbursement of an initial tranche of...Caption:
David Paul Morris/Bloomberg
Inflation Is a Valuable Tool. Too Bad We Can’t Use It.
What if higher inflation were to resume? After all, recent forecasts have suggested the possibility of 4 percent inflation for the U.K., and in the U.S. core inflation is already slightly above 2 percent. Possibly there is less deflation coming from China, and the...Caption:
Supporters of Venezuela’s President Nicolas Maduro shout slogans as they gather outside the National Assembly building during a session in Caracas, Venezuela October 27, 2016. REUTERS/Carlos Garcia Rawlins
Economic, Political Venezuelan Crisis at a Crossroad
Caracas- The recent strikes in Venezuela have reflected the country’s escalating political conflict accompanied with economic crises that resulted in the highest inflation rate worldwide according to the World Bank and a shortage of hard currency, leading to...Caption:
Bank of England Governor Mark Carney. Reuters