The International Monetary Fund warned of downside risks to economic growth, including the conflict in the Middle East, a slowdown in China and climate...
The International Monetary Fund warned of downside risks to worldwide economic growth, including a slowdown in China, climate change and the potential that the Israel-Hamas war could put upward pressure on inflation.
The risk is the jump in oil prices could seep into so-called core-inflation, a measure that removes energy and food prices that central banks use to set interest rates, prolonging the fight against inflation. China's property Giant Evergrande is abandoning its debt restructuring of $19 billion of its international bonds. Another property lender, Country Garden, defaulted on an international payment and also said it also doesn’t expect to meet all its US dollar-denominated bond payments or other offshore debt obligations when they come due.
'That's nice and all' to 'You are siding with oppression': PM Trudeau's unapologetic pro-Israel stance draws flurry of reactions from Canadians
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Factbox-Iran prisoner swap for $6 billion in spotlight after Hamas attacks IsraelExplore stories from Atlantic Canada.
Read more »
Factbox-Iran prisoner swap for $6 billion in spotlight after Hamas attacks IsraelExplore stories from Atlantic Canada.
Read more »