Experts Refute Damning IMF ‘Attack Piece’ on Crypto Mining
In a post on X on Aug. 16, crypto ESG advocate and researcher Daniel Batten posted a rebuttal to an Aug. 15 IMF report on Bitcoin mining emissions. He argued …
IMF
Opinion | As Asian discontent grows, will it take a world war to reform the IMF?
Or as former Bank of England governor Sir Mervyn King wrote in his book, The End of Alchemy: “The world of Bretton Woods passed away a long while ago, and …
China ‘not in the business of haircuts’ as Zimbabwe asks for debt reduction from creditors
“Zimbabwe is currently in debt distress due to the accumulation of external debt payment arrears amounting to US$6.7 billion,” Ncube said. “The external debt overhang is weighing heavily on the …
Pakistan pins its hopes on China – and a belt and road revival
Pakistan’s new government is hoping to inject some fresh momentum into projects that fall under China’s Belt and Road Initiative, as it tries to boost the country’s troubled economy. The …
As cash-strapped Pakistan seeks to ease its China reliance, Saudi, UAE pledge billions
“For cash-strapped Pakistan, the commitment of the UAE and Saudi Arabia to invest in its economy comes as a welcome relief, particularly amid ongoing negotiations with the International Monetary Fund …
Opinion | Stakes have never been higher for US-China cooperation to get into gear
Wang contacted his Iranian counterpart, urging restraint. This intervention no doubt helped temper Iran’s retaliation against Israel, showcasing how China and the US can collaborate for world peace. As two …
Opinion | Is another Asian currency crisis coming? Keep an eye on China’s yuan
This has prompted much chatter about the danger of a new Asian financial crisis similar to the one that struck in 1997. This time the impact could be worse, given …
Melinda French Gates steps down from charitable foundation that bears her name
Melinda French Gates said on Monday she is stepping down as co-chair of the Bill & Melinda Gates Foundation. Her last day of work at the foundation will be June …
With Chinese loans looming, Maldives gets IMF warning over ‘debt distress’
The International Monetary Fund warned the Maldives against looming “debt distress” on Monday, as the small but strategically placed luxury tourist destination looks set to borrow more from main creditor …
Opinion | Cold war 2.0 would exact a much higher economic price
In her address to the Stanford Institute for Economic Policy Research titled “Geopolitics and its impact on global trade and the dollar” on May 7, Gopinath observed that global economic …