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IMF: Carbon Emissions Exceed Global Warming Goals

IMF: Carbon Emissions Exceed Global Warming Goals

by Hannah Webster | Oct 24, 2024 | Environment, Featured

WASHINGTON – Only nine years after the signing of the Paris Agreement — a landmark treaty promoting international cooperation to combat climate change  — global carbon emissions are out of line with Paris’ global warming targets, the International Monetary Fund (IMF)...
IMF warns global public debt is nearing over $100 trillion and won’t stop

IMF warns global public debt is nearing over $100 trillion and won’t stop

by Ananya Chag | Oct 23, 2024 | Business, Featured

WASHINGTON — The International Monetary Fund projected global public debt to exceed $100 trillion by the end of 2024 in its bi-annual Fiscal Monitor report, released Wednesday at the Annual Meetings of the World Bank and the IMF. “Public debt may be worse than it...
Yellen says U.S. is finalizing $20 billion commitment to Ukraine aid

Yellen says U.S. is finalizing $20 billion commitment to Ukraine aid

by Ananya Chag and Heather Zhu | Oct 22, 2024 | Business, Featured, Topics

WASHINGTON — Treasury Secretary Janet Yellen said that the U.S. is finalizing a $20 billion contribution to G7’s $50 billion loan to Ukraine in remarks on Tuesday. “We’re 99% of the way there,” Yellen said at a Treasury press conference, starting off the World Bank...
IMF growth projections “good news” for the US, underwhelming globally

IMF growth projections “good news” for the US, underwhelming globally

by Hannah Webster | Oct 22, 2024 | Business, Featured, Topics

WASHINGTON — The International Monetary Fund nudged its growth forecast for the United States upward Tuesday, amid steady economic growth and a global dip in inflation. The latest World Economic Outlook, released during the IMF annual meeting, projected the U.S....
Goal to have 60% of people in every country vaccinated by mid-2022 not impossible, agency heads say

Goal to have 60% of people in every country vaccinated by mid-2022 not impossible, agency heads say

by Zinya Salfiti | Oct 13, 2021 | Health & Science

WASHINGTON — The goal to have at least 40% of people in every country vaccinated by the end of 2021 and at least 60% by mid-2022 is ambitious but not impossible, World Trade Organization Director General Ngozi Okonjo-Iweala, who is a member of the multilateral...
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