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IMF evaluates Argentina's exceptional access under 2022 extended fund facility
By Globe Banner | Jan 10, 2025
The International Monetary Fund (IMF) Executive Board recently reviewed the Ex-Post Evaluation (EPE) of Argentina's exceptional access under the 2022 Extended Fund Facility (EFF), which concluded at the end of 2024.
IMF reviews gradual recovery path for Hong Kong's economy
By Globe Banner | Jan 10, 2025
The International Monetary Fund (IMF) has concluded its 2024 Article IV mission to Hong Kong Special Administrative Region (SAR), releasing a statement on January 10, 2025.
U.S trade deficit widens to over $78 Billion in November
By Globe Banner | Jan 7, 2025
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported an increase in the goods and services deficit for November 2024, reaching $78.2 billion.
Bountycaster Co-Founder on loan rejection: I 'Experienced Operation Chokepoint 2.0 firsthand'
By Globe Banner | Jan 6, 2025
Linda Xie, co-founder of Bountycaster, reported being denied multiple times for a personal mortgage and banking services related to her cryptocurrency fund due to what she described as "Chokepoint 2.0."
IMF releases reports on economic evaluations for multiple countries
By Globe Banner | Jan 3, 2025
The International Monetary Fund (IMF) has released a series of reports and assessments for various countries, highlighting different economic and financial evaluations.
Binance marks 21st global regulatory milestone with authorization in Brazil
By Globe Banner | Jan 2, 2025
Binance has announced that it has secured regulatory approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer.
Russia enforces a six-year ban on cryptocurrency mining across ten regions
By Globe Banner | Dec 27, 2024
The Russian government has announced a ban on cryptocurrency mining in ten regions and introduced seasonal restrictions in three others to manage energy consumption.
US international investment position drops further in Q3 2024
By Globe Banner | Dec 27, 2024
The U.S. Bureau of Economic Analysis has released statistics showing the U.S. net international investment position at the end of the third quarter of 2024 was negative $23.60 trillion.
IMF reaches staff-level agreement with Egypt on extended fund facility review
By Globe Banner | Dec 24, 2024
The International Monetary Fund (IMF) has reached a staff-level agreement with Egyptian authorities on the fourth review under the Extended Fund Facility (EFF) arrangement.
Hispanic Business Council: 'Discouraged by the politicization and exploitation present' in Teamster's protests
By A. K. Howerter | Dec 23, 2024
Javier Palomarez, President and CEO of the United States Hispanic Business Council (USHBC), has described the Teamsters' efforts to organize protests against Amazon as a "publicity stunt," claiming they primarily involve paid protesters.
Source: Teamsters' Amazon employee "walk-out" was a "total dud"
By K. T. Sarmiento | Dec 23, 2024
A Teamsters-led "walk out" of Amazon Fulfillment Center employees on Dec. 19 managed to attract just tens of employees, not the "thousands" promised by the union.
Bybit to disable logins for Malaysian users starting December 24
By Globe Banner | Dec 23, 2024
Bybit announced that it will disable all logins for users in Malaysia starting December 24, 2024, in compliance with recent regulatory changes.
IMF concludes reviews of Paraguay's policy consultation instrument and resilience facility
By Globe Banner | Dec 23, 2024
The International Monetary Fund (IMF) Executive Board has concluded its fourth review under the Policy Consultation Instrument (PCI) arrangement and the second review under the Resilience and Sustainability Facility (RSF) arrangement for Paraguay.
IMF concludes Article IV consultation with Kosovo
By Globe Banner | Dec 23, 2024
The International Monetary Fund (IMF) Executive Board has concluded the 2024 Article IV Consultation and the Third Reviews under the Stand-By Arrangement (SBA) and Resilience and Sustainability Facility (RSF) with Kosovo.
IMF sets new general resources account access limits
By Globe Banner | Dec 23, 2024
The International Monetary Fund (IMF) Executive Board has completed its 2024 Comprehensive Review of the General Resources Account (GRA) Access Limits.
IMF assesses Australia's economy amid slow growth and inflation concerns
By Globe Banner | Dec 23, 2024
The International Monetary Fund (IMF) Executive Board has concluded its Article IV consultation with Australia, endorsing the staff appraisal without a meeting on a lapse-of-time basis.
IMF reviews The Gambia's extended credit facility amid strengthening economic recovery
By Globe Banner | Dec 20, 2024
The International Monetary Fund (IMF) Executive Board has completed the second review of The Gambia's Extended Credit Facility (ECF).
EU-Switzerland deal updates sectoral participation in Single Market
By Globe Banner | Dec 20, 2024
The European Union and Switzerland have reached a consensus on a set of agreements that facilitate Swiss companies' involvement in the Single Market.
IMF approves sixth review of extended fund facility for Ukraine
By Globe Banner | Dec 20, 2024
The International Monetary Fund (IMF) Executive Board has completed the sixth review of Ukraine's Extended Fund Facility (EFF), allowing the country to access an additional US$1.1 billion.
IMF completes first review under ECF arrangement for Togo
By Globe Banner | Dec 20, 2024
The International Monetary Fund (IMF) Executive Board has completed the first review of Togo's Extended Credit Facility (ECF) arrangement, enabling an immediate disbursement of SDR 44.0 million, approximately US$ 58.7 million, for budget support.