PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available for vulnerable countries, Managing Director Kristalina Georgie[...]
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Environment
Yellen to push for concrete actions at Paris debt summit
(Reuters) – U.S. Treasury Secretary Janet Yellen will press world leaders to take concrete actions at a summit this week on easing the debt burdens of low-income nations, a senior Treasury Depar[...]
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Colombia will export fossil fuels for a long time -finance minister
By Rodrigo Campos and Nelson Bocanegra NEW YORK (Reuters) – Colombia will continue to extract fossil fuels for “much longer” until it has other exports to replace that revenue, while[...]
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IMF sees Honduran economic growth slowing to about 3% in 2023
TEGUCIGALPA (Reuters) – Honduran economic growth is seen slowing to about 3% in 2023, the International Monetary Fund (IMF) estimated in a statement issued on Friday, pointing to fewer remittanc[...]
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Peru’s GDP grows 0.31% in April, misses expectations
LIMA (Reuters) – Peru’s gross domestic product (GDP) expanded 0.31% in April compared with the same month last year, the government’s INEI statistics agency said on Thursday, neverth[...]
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World Bank’s new chief wants ‘better bank’ before pushing for bigger bank
By David Lawder MANDEVILLE, Jamaica (Reuters) – World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for mor[...]
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Exclusive-World Bank chief to ‘push’ its balance sheet, vows to protect ‘AAA’ rating
By David Lawder KINGSTON, Jamaica (Reuters) – World Bank President Ajay Banga told Reuters that he will “push” the lender’s balance sheet hard to help fight climate change and[...]
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World Bank’s new chief Banga to sharpen focus on projects with measurable impact
By David Lawder LIMA (Reuters) – World Bank President Ajay Banga wants the lender to focus on more “scalable, replicable” projects across Latin America and elsewhere for transport an[...]
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EU chief sees Mercosur deal this year, Lula fears environmental sanctions
By Anthony Boadle BRASILIA (Reuters) -European Commission President Ursula von der Leyen on Monday said the EU hopes to finalize its long-delayed trade deal with the Mercosur bloc of South American co[...]
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