BlackRock Inc. is poised to host a gathering of top corporate executives and government officials in Riyadh, marking the US firm’s first event on this scale in Saudi Arabia’s capital and bolstering the kingdom’s efforts to lure foreign investment. The world’s largest asset management company is hosting the event alongside the Saudi Ministry of Finance,
Three trends in the stock market are bound to vault equities higher in 2024, Wall Street strategists say.Getty Images The rapid growth of private could end up being a risk to broader market stability, the IMF says. The “opaque” corner of financial markets grew to $2.1 trillion last year. Infrequent valuations and unclear credit quality
CAIRO (AP) — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy which is hit by a staggering shortage of foreign currency and soaring inflation. In a
By Andrea Shalal WASHINGTON, March 23 (Reuters) – A $1.2 trillion government funding bill passed by Congress will allow the U.S. to lend up to $21 billion to an International Monetary Fund (IMF) trust to help the world’s poorest countries, U.S. Treasury Secretary Janet Yellen said on Saturday. Yellen said the funding would make the
In this article, we discuss the 11 best diversified bank stocks to invest in. If you want to skip our detailed analysis of these stocks, go directly to 5 Best Diversified Bank Stocks to Invest In. The coming months could prove to be challenging for banking stocks as the central bank in the United States
India has rebuffed the International Monetary Fund’s (IMF) projection that the nation’s government debt could surpass 100 percent of its GDP by 2027-28, calling it “misconstrued”, PTI reported. The finance ministry in a statement clarified that the debt situation in India isn’t as alarming as projected and highlighted several points to substantiate its stance. “It