YouTube video by INSIDE RUSSIA

YouTube video by INSIDE RUSSIA

YouTube video by INSIDE RUSSIA

Explore the impact of the recent PPI data on the FX market as it triggers a dollar downturn. Understand how this shapes global currency dynamics today.

A comparison between official estimates of UK output and ...

Staff presented a proposed framework to standardize TIF district applications, including a uniform application, possible citizen TIF committee, a third-party economic and risk analysis, and options for application fees and supermajority voting rules. Staff will draft ordinance language and return for review.

Multiple residents asked the committee to convene workshops after a recent feasibility report about local dams; speakers raised potential tax-base losses, fisheries impacts, and the need to coordinate with dam owner BlackBear Hydro and state/federal regulators before acting.

SINGAPORE (Reuters) -Singapore is launching a broad review to secure the city-state's future as a trade and financial hub, announcing committees on Monday to look into areas such as competitiveness, artificial intelligence, and how restructuring would affect people. The economic strategy review will have five committees, each chaired by two government ministers and including members from the business, academic and social sectors, and they are due to publish their recommendations by mid-2026. "We must reinforce Singapore's competitive positioning as a key hub for trade and investment and remain relevant to the global economy," Deputy Prime Minister and Trade Minister Gan Kim Yong said at a press conference. The review comes as U.S. tariffs and global trade tensions threaten the Southeast Asian nation's growth, where trade is three times the size of its gross domestic product. Singapore's exports to the U.S. remain subject to a 10% baseline tariff after U.S. President Donald Trump set new tariffs for dozens of countries, but authorities are still waiting for clarity on proposed sector-specific tariffs in areas such as pharmaceuticals. Last week, the central bank said the effective U.S. tariff rate on Singapore's exports rose to 7.8% in July from 6.8% in April on the back of steel and aluminium tariff hikes. The Monetary Authority of Singapore held its policy settings steady last week, adopting a wait-and-see approach to trade tensions after easing at its previous two reviews this year. While the economy grew at a better-than-expected annual rate of 4.3% in the second quarter, according to preliminary data, authorities have warned that growth is likely to slow as the impact of frontloading of orders to beat the U.S. tariffs tapers off.

(Reuters) -The International Monetary Fund board on Thursday completed its first review of the $20 billion program with Argentina, approving a disbursement of approximately $2 billion. "Strong policy implementation has supported a smooth transition to a more flexible exchange rate regime, with declining inflation and continued economic growth," the IMF said in a statement, while acknowledging Argentina missed its mid-June target for net international reserves accumulation. The IMF staff said last week that understandings had been reached with the government on policies including safeguarding the fiscal anchor and rebuilding reserves. “This will be complemented by further actions to create a more open, resilient, and market-based economy,” the IMF staff said. In the wake of the $20 billion, 48-month deal Argentina reached with the IMF in April, the country loosened years-long controls that restricted access to foreign currency and has let the local peso fluctuate within a moving band.

Q2 2025 in Review and Q3 2025 Market Outlook  Morningstar

BUENOS AIRES (Reuters) -A technical mission from the International Monetary Fund is expected to arrive in the Argentine capital Buenos Aires on Tuesday for the first review of a funding program worth some $20 billion, an IMF source told Reuters on Monday. The IMF had in April approved the four-year Extended Fund Facility deal with Argentina’s government, which had prepared for the deal by dismantling key parts of the country’s years-long currency controls. A $12 billion disbursement was set for April and another $2 billion was made available for June. Under the deal, Argentina must build up some $4 billion in net foreign reserves by the end of this year compared to the end of 2024, but pressure on the peso has hampered the government’s efforts. The IMF source said the mission would be led by economist Bikas Joshi and that more information on the next steps would be shared in due course.

CAIRO (Reuters) -The International Monetary Fund will begin the fifth review of Egypt’s $8 billion economic reform programme, with a team scheduled to arrive in Cairo this week, the IMF said in a statement on Monday. The IMF board approved the fourth review on March 11, unlocking a disbursement of $1.2 billion in a 46-month IMF loan programme first approved in 2022 and later expanded following the outbreak of fighting in Gaza. Egypt had been suffering from a severe shortage of foreign currency and inflation that peaked at 38% in September 2023. The IMF has yet to publish a staff report from the fourth review, saying the Egyptian authorities needed more time to consider its publication. The IMF team is expected to begin its visit on Tuesday and remain in Cairo until May 16, a person familiar with the mission said. In the fourth review, the IMF board approved a request by Egypt to waive its primary budget surplus target. The surplus was expected to reach 4% of GDP in the fiscal year that will begin on July 1, 0.5% less than Egypt had committed to earlier in the programme.

Analysis of a recently introduced approach to addressing ...