With public and private liabilities worldwide estimated at a staggering $353tn and with many gearing up to borrow more, all agree that there is a problem, but few agree on how to solve it
Debt is colossal but there are promising indicators, not least in inflation, legal reforms, the sale of government assets, and monetary stability. Will these green shoots be allowed to grow and bloom?
There are positives within the latest review of Cairo's progress toward a further $1.3bn financial lifeline, but they come amid deepening economic problems at home, where the cost of living is rising
The Egyptian Pound is weak, and the country is losing income from Houthi missiles, causing ships to avoid the Suez Canal. The timing is bad, as Cairo asks the IMF for $750mn in loans.
Looming elections and populist politics seem to be behind the impasse over talks to agree reforms to unlock much-needed funds. Tunisia's credibility is being hurt by divisions within the government.
The IMF's stark failure to warn of a looming crisis in Lebanon reveals why it has long been controversial, alongside the characteristic shortcomings as the lender of last resort
Egypt, the world's second-largest IMF borrower, has managed to reach several agreements, yet failed to achieve reform goals in the process. Now, Egyptians are bearing the brunt.
Marrakech is hosting the annual meetings of the Bretton Woods institutions in October. This is after being unable to convene in Morocco in 2021 due to the COVID-19 pandemic.
The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had…
For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe, and China - all experience weakening activity, the head of the…
Just as Iran used Hezbollah to expand its influence in the Levant, it is now using the Houthis to give it leverage in Bab al-Mandab and the Red Sea amid its war with the US
The American rapper's removal from Ed Sheeran's tour over his 'Free Palestine' speech and the British singer's meek rebuttal sparked an uproar on social media
In an interview with Al Majalla, the UN Special Rapporteur says the backlash against her for speaking out against Israel's genocide in Gaza reveals much about the current international order