Economy

Kristalina Georgieva, director of the International Monetary Fund, said on Tuesday that she hoped the global economy would not have to wait until the 11th hour to deal with the US debt ceiling. Negotiators from the White House and Republican Congress are trying to resolve a months-long impasse over raising the U.S. government’s $31.4 trillion debt ceiling. Georgieva told a …

El Niño and its cooler sister, La Niña, alternate every few years. A ‘Super El Nino’ ​​is expected to occur this year. This warm Gulf Stream has enormous consequences for climate, nature, and society. El Niño’s economic damage runs into the trillions. The flow of unusually warm ocean water around the equator, stretching from South America to Asia, causes weather …

May 22, 2023 – 5:30 PM – Morocco © The Negev Forum, originally planned for March but postponed due to tensions between Israelis and Palestinians, was to be held in Morocco in June. Haaretz Citing Israeli officials, reports said the second edition of the forum with Israel’s five allies, Morocco, the United Arab Emirates, Egypt, the United States and Bahrain, …

The Dutch government’s strengthening of ties with China is raising eyebrows. We have a high demand for products manufactured in the country. But at the same time, there are concerns about China’s growing power. After the Chinese vice president was in The Hague last week, Foreign Minister Wopke Hoekstra is on a working visit to Beijing on Monday. Prime Minister …

Ukraine says it has regained territorial gains on Friday in a counteroffensive around the hotly contested eastern city of Bagmot. On Thursday, the Ukrainian army was able to advance further towards the city. “The enemy is continuing its attacks into the city,” the head of the Eastern Armed Forces, Sergei Serevati, told state television. Meanwhile, Ukrainian troops continue to advance …

HIROSHIMA (Reuters) – The G7 wants to continue working with China but believes too many risks are being taken with a country that “disrupts the global economy”. Countries want to “invest in our own economic vibrancy”. The leaders said in an earlier statement that they already wanted to act against all countries that use “economic coercion”. Seven countries, including Japan, …

20 mei 2023 om 10:08Update: 6 uur geleden Some major American brands and companies are shunned by Republicans. According to right-wing conservative America, companies like Disney are more ‘woke’ because they deal more with social issues. What is going on? The United States is extremely divided, and as a result companies are pressured by employees, customers and shareholders to take …

Ukraine claimed further gains on Friday during counterattacks around the hotly contested eastern city of Pakhmut. On Thursday, the Ukrainian army also managed to advance towards Bakhmut. “The enemy is continuing its attacks into the city,” the head of the Eastern Armed Forces, Sergei Serevati, told state television. Meanwhile, Ukrainian troops continue to advance outside the city, putting pressure on …

You may have noticed that America, the world’s most important and dominant economy, is slowly but surely moving towards its debt ceiling. If recent estimates are correct, the US will hit that ceiling in the first weeks of June. Technically, the ceiling was even tapped in January 2023. From that moment on, the country had to make up its cash …

May 19, 2023 – 4:00 PM – Morocco © Moroccan nationals should take into account the increase in visa costs to travel to the US. The US Embassy in Morocco recently announced that the US State Department has decided to increase the fee for non-immigrant visas (NIVs) effective May 30, 2023. When applying for a visa to the United States, …