Search Results for: International Monetary Fund

IMF Boosts Egypt's Economy with $820 Million Aid

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face. Aug 27, 2024
RG Kar scam: ED to enter investigation by filing ECIR

RG Kar scam: ED to enter investigation by filing ECIR on Principal Sandip Ghosh

More trouble seems to be brewing for the former and controversial Principal of R.G. Kar Medical College & Hospital, Sandip Ghosh, as the Enforcement Directorate (ED) is also entering the scene by filing an Enforcement Case Information Report (ECIR) regarding financial irregularities there during his tenure. Aug 27, 2024
Djokovic calls for 'clear protocols' over doping after Jannik Sinner escapes ban

Djokovic Advocates for Doping Protocol Reform Amid Sinner Controversy

As the US Open looms, the tennis world is embroiled in a doping controversy that has seen the sport's top seed, Jannik Sinner, escape a ban despite testing positive for a banned substance. The incident has prompted calls for reform from none other than Paris Olympics gold medalist, Novak Djokovic, who has urged for clear protocols and standardised approaches to be implemented in the handling of doping cases. Aug 25, 2024
US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors. Aug 24, 2024
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