Explainer-What Are the IMF and World Bank, and What Happens if the US Pulls Support?
Both institutions, at the behest of their biggest shareholder, the United States, had backed countries such as Egypt, ...
What if the US pulls support from the IMF and World Bank? Here’s how it could shift global power to China
Concerns over the US potentially stepping back from global institutions like the IMF and World Bank have increased, ...
IMF says US tariffs will hurt Mexican, Canadian economies
If sustained, U.S. tariffs imposed on Mexico and Canada will have a significant adverse impact on those countries, the ...
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Mahama on potential fallout of Anti-LGBTQ Bill: IMF and World Bank should not get involved in cultural issues
President John Dramani Mahama has asserted that multilateral institutions like the International Monetary Fund (IMF) and the ...
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US to exit IMF and World Bank? How it could reshape global finance
Why the IMF and World Bank matter Born from the ruins of World War II, the IMF and World Bank were designed to stabilize economies and prevent future conflicts. The IMF acts as a lender of last ...
IMF Says U.S. Tariffs, if Sustained, Will Hit Economies of Mexico, Canada
IMF spokesperson Julie Kozack said the U.S. tariffs on Mexico and Canada and new duties on China, along with responses from ...
Benevolent hegemon era over but Trump may not quit IMF, World Bank
The US president has cut down foreign aid drastically and pulled out of the Paris Agreement. But the Bank and IMF offer Trump ...
Sri Lanka: IMF demands sacrifice, warns of “potential labour unrest”
The meagre wage rises announced in the budget, which do not compensate for soaring inflation, are in line with the IMF’s ...
Dawn13d
What happens if the US pulls out from IMF, World Bank?
Experts say Washington’s withdrawal would be a ‘disaster’ for its global influence, but it may prove to be ‘a gift to China’ ...
What are the IMF and World Bank, and what happens if US pulls support?
A founder member, the US holds the largest single share of each institution - just over 16% for IMF and just under that for ...