The IMF has agreed to provide Egypt with emergency aid. The fund says it has approved in principle to the world's most indebted and most distressed economies. Inflation, the IMF said, will start to come under control. Slowly, growth will be weak in rich countries, but signs of recession appear to be waning.
The International Monetary Fund is sitting on oodles of cash, but failing to disburse it. We examine why China’s lending practices are putting the IMF on a path to irrelevance. Climate change is already squeezing farmers in Latin America; some outright crazy agricultural policies are making matters worse. And reasons not to ban a well-known workplace species: the “talented jerk”.
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