(Credit: Jeenah Moon/IMF Photo) February 20, 2025/IMFBlog By Topias Leino and Maja Gavrilovic Global foreign direct investment grew again in 2023 after declining the previous year. Inward direct investment climbed $1.75 trillion, or 4.4 percent, reaching a record $41 trillion, according to the IMF’s latest Coordinated Direct Investment Survey, which provides […]
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Hilton Continues African Expansion with Dual Signing in Ethiopia
Expected to open in 2028, the DoubleTree by Hilton properties will mark the first internationally branded hotels in Adama and Dire Dawa February 20, 2025/Edelman Africa Hilton (NYSE: HLT) today announced the signing of an agreement with Brighton Hotels and Business Plc. to open two properties in Ethiopia – DoubleTree […]
How Healthy are U.S. Households’ Balance Sheets?
February 19, 2025/US Federal Reserve By Vice Chair Philip N. Jefferson Thank you, Professor Ho for that kind introduction and for the opportunity to talk to the Vassar community.1 I am happy to be back on campus. As a teenager in Washington, D.C., I had the very good fortune that […]
