World News

New IMF Staff Paper Strategy to Manage the Long-Term Risks of COVID-19

April 5, 2022/IMF The International Monetary Fund, in partnership with the Coalition for Epidemic Preparedness Innovations (CEPI), the Global Fund, and Wellcome Trust published today “A Global Strategy to Manage the Long-term Risks of COVID-19” working paper, which calls for a more comprehensive and integrated pandemic response from the international […]

Board of Governors vote for firm action against Russia and Belarus

April 4, 2022/EBRD By Richard Porter EBRD London headquarters. Image Credit: EBRD Access to financing and expertise will be immediately suspended The European Bank for Reconstruction and Development is moving ahead with its plans to exclude the Russian Federation and Belarus from receiving funding for projects. The EBRD Board of Governors […]

Biden’s SPR Release Sends Oil Prices Below $100

President Joe Biden of the United States of America (USA). Image Credit: OilPrice.com April 1, 2022/OilPrice.com The unprecedented decision by Biden to release 180 million barrels of oil from the country’s strategic petroleum reserve over the next six months has sent oil prices below $100. While plenty of upside risks […]