US central bank faces “delicate balancing act,” between taming inflation and sapping recovery, says IMF managing director Kristalina Georgieva.
US central bank faces “delicate balancing act” between taming inflation and sapping recovery, says IMF managing director Kristalina Georgieva.
The Fed is primed to raise the cash rate in March, according to Wall Street consensus, for the first time since the pandemic struck, following a sharp uptick in consumer prices.IMF managing director Kristalina Georgieva says higher dollar funding costs will hurt struggling emerging market economies.
“The issue here is that what the Fed does has implications for the US, for other countries, and especially for those that have a high level of dollar-denominated debt,” she said.This would add pressure on the global economy during a crucial period in the rebound from the 2020 recession.Read more: Financial Review »
'We're here, we're queer, get used to it': Sydneysiders celebrate as city to host 2023 WorldPride
Supporters wearing bright-coloured T-shirts gathered on the Sydney Opera House steps to celebrate the city hosting the WorldPride festival in 2023. Read more >>
One of the pitfalls of appointing a former communist bloc MD is parroting the Xi CCP line
US-Russia negotiations over Ukraine could escalate into ‘World War III’Crap Then let’s get on with and just out out in a Big Bang Easy fix. Offer NATO membership to Russia if they agree to the terms. They get the security they want, NATO expands, war is avoided and China loses clout. Simple
‘It was a nightmare’: life in the US before legal abortionThe supreme court decision in Roe v Wade was made 49 years ago, making abortion a protected right. Now, with that right under threat, people recall life before the landmark ruling
Kremlin warned of 'severe response' by US as tensions rise over UkraineA top US diplomat has warned Russia it faces a &x27;severe response&x27; if it acts aggressively against Ukraine. Does Russia think Crimea is about to be invaded? As always US trying to fuel the conflict by sending their old guns to Ukraine... Russia will stand by those, russian people who are dying and begging for help there. No one ever mentioning why the conflict has occurred, I only hear that you working closely with Ukraine and US
Kremlin warned of 'severe response' by US as tensions rise over UkraineUkraine is a country on edge, with growing concern Russia is on the brink of launching an invasion. CGreenbank9 9News DETAILS: CGreenbank9 CGreenbank9 Praying 🌹 CGreenbank9 You keep saying Invasion! What are you going to do with millions of people who live on the border there, they don't want to move and don't want to be Ukrainian! What you going to do? Shot them?
‘The deadliest drug we’ve ever known’: author Sam Quinones on how fentanyl saturated the USIn his new book, Quinones investigates how the explosion of synthetic drugs spurred an ‘epidemic of addiction’
US sanctions would hit rouble, force Russian bank bailout, say expertsUS dollar sanctions on Russian banks would not only damage the Russian economy, they could also affect outside investors. Dutton to the rescue with 1 sub & 2 tanks!! No one cares about US$ or US$ sanctions. They are worthless pieces of paper flooding the world. Russia has had sanctions for 100 years and yet they still build nuclear war heads. How does this work? Maybe it’s called oil and gas! Everything that Russia does is FAR MORE harmful! Time to bankrupt Russia