AJ Impact

Trump praises US-China trade talks, despite ongoing WTO case

Officials from Washington will speak with Chinese counterparts Friday, as Beijing seeks $2.4bn in retaliatory sanctions.

Trump praises US-China trade talks, despite ongoing WTO case

AJ Impact

'A lot of work to do': IMF chief urges global trade reforms

But Kristalina Georgieva says she is encouraged by signs of a US-China trade deal.

'A lot of work to do': IMF chief urges global trade reforms

AJ Impact

IMF: World growth slowing to rate not seen since financial crisis

IMF pins blame for slashed growth forecast on US-China trade war, warning of further deterioration if tensions fester.

IMF: World growth slowing to rate not seen since financial crisis

Latin America

In Pictures: Protests rock Ecuador's capital

After days of deadly anti-austerity protests, meeting between President Moreno and indigenous leaders likely on Sunday.

In Pictures: Protests rock Ecuador's capital

AJ Impact

'Synchronised slowdown': New IMF chief sees global growth threats

Kristalina Georgieva says trade tensions have weakened manufacturing worldwide, could soon hurt consumers and services.

'Synchronised slowdown': New IMF chief sees global growth threats

AJ Impact

China may have to wait to become second most powerful at IMF

Plans that would see China supplant Japan as the IMF's second most influential member met by US resistance, says source.

China may have to wait to become second most powerful at IMF

AJ IMPACT

Clashes erupt at Ecuador fuel price protests

Riot police use tear gas to disperse marchers protesting soaring fuel prices, as oil fields seizure slashes production.

Latin America

Ecuador fuel protests: Major roads blockaded across the country

Despite unrest, President Lenin Moreno says he has no plans to reverse decision to scrap fuel subsidies as part of strict austerity measures.

AJ IMPACT

Ecuador indigenous groups, workers continue fuel protests

As transport unions suspend strike, indigenous groups vow to keep protesting until Moreno overturns austerity measure.

Ecuador indigenous groups, workers continue fuel protests

AJ Impact

Pakistan owes China more money than it owes the IMF

Pakistan has been borrowing from Beijing to tide over a financial crisis.

Pakistan owes China more money than it owes the IMF

AJ Impact

US dollar share of global currency reserves at six-year low

According to IMF data, greenback hits smallest percentage since 2013, with yen growing in popularity with central banks.

US dollar share of global currency reserves at six-year low

AJ Impact

UN envoy: Zimbabwe's economic, political situation deteriorating

Official warns of 'fear, frustration, and anxiety among a large number of Zimbabweans'.

UN envoy: Zimbabwe's economic, political situation deteriorating

AJ Impact

A Bulgarian woman, an economist, will soon lead the IMF

With support from the European Union, Kristalina Georgieva was formally approved to lead the multinational lender.

A Bulgarian woman, an economist, will soon lead the IMF

AJ Impact

Argentina's markets hold steady as protesters take to the streets

Argentine assets have stabilised since currency controls were imposed, but the country's economic outlook has darkened.

Argentina's markets hold steady as protesters take to the streets

AJ Impact

S&P slashes Argentina's debt rating further into junk territory

The US rating agency says the Argentinian government's debt maturity extension plan 'constitutes a default'.

S&P slashes Argentina's debt rating further into junk territory