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British Prime Minister Liz Truss has fired her finance minister Kwasi Kwarteng, the BBC reported on Friday, shortly before she is expected to scrap parts of his economic package in a bid to survive…

Dozens of protesters demonstrated outside the annual meetings of the International Monetary Fund and the World Bank in Washington D.C. on Thursday, expressing opposition to funding of fossil fuels…

The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long list of threats that include Russia’s war against Ukraine, chronic inflation pressures,…

Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the…

Tunisia's powerful UGTT labor union has no deal with the government on reforming subsidies and publicly owned companies and will lead street protests over any "painful" changes, it said on Monday,…

Lebanon's parliament passed the 2022 budget on Monday using an exchange rate for customs tax revenues that lies far below the market value of the Lebanese pound, falling short of economic reform…

The International Monetary Fund's board is expected to approve a new "food shock window" in the next few weeks that will allow the global lender to provide emergency funding to Ukraine, the head of…

Crisis-hit Lebanon hopes to adopt key reforms demanded by the International Monetary Fund for a long-delayed but urgently needed bailout before the end of next month if there is “political will”,…

Globalization is an extremely ambiguous term that has been redefined and re-constructed. The champions of globalization define it as the phenomena of increasing integration and interaction among…

The photo accompanying this text reflects the times when Tunisia, strong in its achievements and its financial reputation, held the vice presidency of the annual meetings of the IMF and the World…