International Monetary Fund

Saudi Arabia reported its fastest economic growth rate in a decade on May 1, as a booming oil sector fueled a 9.6 percent rise in the first quarter over the same period of 2021.

The preliminary results come after the world's biggest oil exporter resisted U.S. entreaties to raise output in an attempt to rein in prices that have spiked since the Ukraine war began.

Belarusian border guards shot down a drone on the border with Lithuania, which was flying towards the territory of Belarus.
This was announced on Thursday by the State Border Committee of Belarus, as TASS reported.

Greece has repaid its outstanding debts dating back to its financial crisis to the International Monetary Fund, two years ahead of schedule, the country's finance minister said on April 4.

Christos Staikouras hailed the payment as "a very positive development" that would mean significant savings in debt servicing costs.

The U.S. economy ended 2021 by expanding at a brisk 7 percent annual pace from October through December, the government reported Thursday in a slight upgrade from its earlier estimate as businesses stepped up their restocking of supplies.

Spain's economy grew by 5.0 percent in 2021, showing a remarkable bounceback from a year earlier but below the government's target, an initial estimate by the National Statistics Institute (INE) showed on Jan. 28.

The spread of the Omicron variant of the coronavirus could lead to a slowdown in the recovery of the world economy, said today the managing director of the International Monetary Fund (IMF) Kristalina Georgieva, quoted by Reuters.

Georgieva speaks at the online forum "Reuters Next"

Lawyers who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva violated World Bank staff rules by failing to notify her that she was a subject of the probe and by not allowing her to respond to its findings, Georgieva's attorney said.

An extraordinary meeting of the Group of 20 major economies to discuss Afghanistan will take place on 12 October, Italian PM Mario Draghi announced on Wednesday, Reuters reported.

Analysis by Joseph Stiglitz, American economist and Nobel laureate, comments for Project Sindicate

Senior US senators have called for "full accountability" in the World Bank case involving Kristalina Georgieva.

The chairman of the Senate Foreign Relations Committee, Democrat Robert Menendez, and James Rich, who is the highest-ranking Republican on the committee, sent a letter to President Joe Biden.