Image Credit: IMF IMF Country Focus July 26, 2022/IMF By Guillaume Nolin, Aminata Toure and Solo Zerbo July 25, 2022 Related Links Staff report for DRC 2022 Article IV Extended Credit Facility (ECF) Regional Economic Outlook Democratic Republic of the Congo and the IMF According to a recently completed annual […]

July 26, 2022/OilPrice.com Chart of the Week – The spread between the world’s two leading crude benchmarks, Brent and WTI, is as wide as it has been in more than three years, moving as far as $8.50 per barrel recently.  – Previous strength in WTI has been tangibly beaten down by […]

(Photo: georgeclerk/iStock by Getty Images) July 26, 2022/IMFBlog By Pierre-Olivier Gourinchas The world’s three largest economies are stalling, with important consequences for the global outlook. Inflation is a major concern. The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain […]