U.S. President Donald Trump’s decision to block a Chinese-backed firm from buying a U.S.-based chipmaker this week …
global economy
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Banks
ECB’s Draghi warns of ‘serious risk’ to global economy from rising protectionism
by Yomna Yasserby Yomna YasserEuropean Central Bank President Mario Draghi said on Friday protectionist policies pose a “serious risk” for growth …
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The global economy is doing well, the chief economist for the International Monetary Fund (IMF) told CNBC …
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International News
Trump’s tweet tirade against Germany could backfire on US
by Yomna Yasserby Yomna YasserPresident Donald Trump’s recent comments and angry tweets about Germany’s “unfair” trade practices could leave the U.S. …
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International News
G20 Summit a success for China, but hard issues kicked down the road
by Yomna Yasserby Yomna YasserChina is lauding its successful hosting of the G20 summit in scenic Hangzhou city, with open confrontation …
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Egypt News
Developing countries should be integrated into global economy: Egypt FM at G20
by Yomna Yasserby Yomna YasserEgyptian foreign minister Sameh Shoukry delivered a speech on Sunday at the G20 Summit meeting of foreign …
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Financial Institutions
IMF admits blindly backing Euro project, apologises for the immolation of Greece
by aya salahby aya salahThe International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in …
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A British vote to quit the European Union would inflict a “shock” on the global economy, G7 …
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The Federal Reserve is unlikely to raise U.S. interest rates when it meets later this month but …
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Financial Institutions
Christine Lagarde wins second term as IMF chief
by Yomna Yasserby Yomna YasserThe Executive Board of the International Monetary Fund (IMF) approved Friday to appoint Christine Lagarde for a …