Tag : International Monetary Fund

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Bahrain and UK review regional tensions and economic risks

manamalive.com
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support...
Business

South Korea FX reserves fall in March on stronger dollar

manamalive.com
SEOUL: South Korea’s foreign exchange reserves fell in March as a stronger U.S. dollar reduced the converted value of non-dollar assets and authorities used reserves in operations to ease currency-market strain, central bank data showed on Friday....
Business

Botswana downgrade adds pressure to diamond economy

manamalive.com
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook....
Business

India forex reserves hit record $728.49bn on RBI data

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MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

manamalive.com
Argentina’s opposition calls for Milei’s impeachment after he promoted $LIBRA, a crypto token that surged then crashed, sparking backlash and a government investigation....
Global education targets hindered by $97 billion funding gap, UNESCO reports
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Global education targets hindered by $97 billion funding gap, UNESCO reports

manamalive.com
A recent UNESCO report has revealed that a $97 billion funding shortfall is standing in the way of countries reaching their 2030 national education targets. The study, titled “Can countries afford their national SDG4 benchmarks?”...