(PHOTO: SIMONKR/ISTOCK BY GETTY IMAGES) March 17, 2022/IMFBlog By Joel Alcedo, Alberto Cavallo, Bricklin Dwyer, Prachi Mishra, and Antonio Spilimbergo There’s no doubt that e-commerce helped many navigate the pandemic, from online shopping to curbside pickup to food delivery. But as we slowly emerge from lockdowns and other restrictions, it’s less clear […]

March 16, 2022/Fitch Ratings According to Fitch Ratings’ Sovereign Rating Criteria, the payment in local currency of Russia’s US dollar Eurobond coupons due on 16 March would, if it were to occur, constitute a sovereign default, on expiry of the 30-day grace period. These are the first foreign-currency sovereign coupons […]

(PHOTO: IMF PHOTO/YAM G JUN) March 16, 2022/IMFBlog By Christian Bogmans, Jeff Kearns, Andrea Pescatori and Ervin Prifti Global food prices are poised to keep climbing even after jumping to a record in February, placing the heaviest burden on vulnerable populations while adding to headwinds for the global economic recovery. Food commodity prices rose 23.1 percent […]