Retired US Army Staff Sgt. David Bellavia (3rd from left) rings the opening bell at the New York Stock Exchange on Wednesday. Agence France-Presse
The International Monetary Fund (IMF) has indicated that global trade expanded by merely 0.5% in the first quarter of 2019, marking the slowest year-on-year pace of growth since 2012. This certainly comes as disturbing news as there are also signals that a more significant slowdown is possible.
The global economy is showing signs of bouncing back from the severe downturn caused by the global coronavirus pandemic, but a full recovery is “unlikely” without a vaccine, IMF chief Kristalina Georgieva said on Wednesday.
The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva
The IMF board of governors on Monday greenlit a $650 billion increase in cash reserves for member nations, the last step in an initiative to boost liquidity for the most vulnerable countries. The move increases by 456 billion the stock of Special Drawing Rights (SDR), the International
The 5th Arab Water Forum (AWF) took off on Tuesday in Dubai, with more than 600 delegates, participants from 22 Arab countries pledging their strong commitment to water security
Villa segment is expected to drive strong growth in Dubai real estate sector during the fourth quarter as consumer and investor sentiments are up ahead of Expo 2020 Dubai, according to Zoom Property Insights.
Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, has attended the inaugural session of the 2021