The International Monetary Fund is lending near a record amount to almost 100 countries, evidence of its growing role as a backstop against the financial and political dangers of the post-pandemic world.
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Warm Air from Southern U.S. Pushes Temperatures Near Record in Thunder BayWarm air from the southern U.S. is causing temperatures in Thunder Bay to rise to near-record levels. Environment Canada predicts a high of 13 C, just shy of the current record of 14.3 C. Meteorologist Steven Flisfeder says a new high temperature mark for March 11 is possible. The warm weather is expected to continue throughout the week before temperatures return to normal by the weekend.
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Stock market today: Wall Street drifts to a mixed close, holding near record levelsNEW YORK (AP) — Stocks drifted to a mixed close on Wall Street as a lull carried through financial markets worldwide. The S&P 500 edged down 0.2% Wednesday, a day after setting an all-time high. The Dow Jones Industrial Average rose 0.
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World’s Largest State Pension, Japan’s GPIF, Poised to Lift Ban on Lending Foreign StocksJapan’s Government Pension Investment Fund will announce as early as Friday that it will resume lending foreign stocks, according to people familiar with the matter, four years after its surprise decision to stop the practice.
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IMF intends to pick next managing director by end of April, board saysThe five-year term of the IMF’s current managing director, Kristalina Georgieva, ends on Sept. 30
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AllianzGI, BlueBay Cut Pakistan Bond Holdings on IMF UncertaintyBond managers are reducing their exposure to Pakistan’s debt after a rally of almost 25% this year, as the South Asian nation’s history of policy slippage cast a cloud over negotiations for a new International Monetary Fund bailout program.
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IMF Chief Evades Question on Ghana Anti-LGBTQ Bill During VisitThe International Monetary Fund is monitoring the outcome of a court challenge to Ghana’s draconian anti-LGBTQ bill, according to its Managing Director Kristalina Georgieva.
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