International Monetary Fund

The head of the International Monetary Fund warned on April 14 that Russia's war against Ukraine was weakening the economic prospects for most of the world's countries and called high inflation "a clear and present danger" to the global economy.

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.

Almost a third slower - compared to the forecast from January - will be the growth of the Bulgarian economy in 2022 due to the war in Ukraine and the risks of prolonged military conflict, point to further adjustments to downward growth. Instead of 3.8% of GDP, the new expectations are for 2.6%, i.e. adjustment for growth contraction of 1.2 percentage points.

He was removed from politics and public life in general after the Sofitel scandal in New York in 2011. He now lives in Morocco where he is very involved in humanitarian action and continues to provide his valuable advice to private companies with absolute discretion.

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.

Outstanding pensions, court decisions on retroactive pension amounts, raising the minimum wage and the financial productivity incentives of civil servants introduced by the government, are once again entering the crisis of the European institutions, according to the 14th assessment of the national economy.

Sri Lanka's president offered to share power with the opposition yesterday as protests escalated across the country demanding his resignation over worsening shortages of food, fuel, and medicines.

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.

Supply constraints that held back growth in Europe last year by an amount equal to some countries' normal rates of expansion could last into 2023, the IMF warned yesterday.  

Without these constraints that included factory closures and component shortages, growth last year would have been about two percentage points higher, the Washington-based crisis lender said in a blog.

"The Greek Minister of Finance seeks to repay the remaining credits of the IMF, proving that the time of crisis has finally passed," Handelsblatt writes in a response from Athens entitled "Early repayment".