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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns

WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine had contributed to a decline in the global economy’s long-term growth potential, leading […]




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I.M.F. Chief Kristalina Georgieva Denies Claims She Inflated China Data

WASHINGTON — In remarks to staff on Friday, Kristalina Georgieva, the managing director of the International Monetary Fund, denied allegations that she pressured staff to manipulate a report to placate […]




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I.M.F. Board Backs $650 Billion Aid Plan to Help Poor Countries

VENICE, Italy — The International Monetary Fund took a step on Friday toward easing widening global inequality and helping poor nations access vaccines, saying that its executive board approved a […]




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‘We Were Left With Nothing.’ Argentina’s Misery Deepens in the Pandemic.

Before the pandemic, Carla Huanca and her family were making modest but meaningful improvements to their cramped apartment in the slums of Buenos Aires.She was working as a hairstylist. Her […]




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How the Wealthy World Has Failed Poor Countries During the Pandemic

LONDON — Like much of the developing world, Pakistan was alarmingly short of doctors and medical facilities long before anyone had heard of Covid-19. Then the pandemic overwhelmed hospitals, forcing […]