Friday, 22 October 2021

Tag Archives: economic crisis

CPEC loans not responsible for Pakistan’s economic crisis: China

BEIJING: China said it supported International Monetary Fund (IMF) in carrying out an objective and professional evaluation of Pakistan’s financial situation and assisting it dealing with current difficulties and added, the relevant measures should not affect normal bilateral cooperation between China and Pakistan. “As a member of the IMF, China ...

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Digital revolution has only small impact on inflation: ECB’s Weidmann

Reuters FRANKFURT: Rapid technological advances cut inflation only marginally and temporarily, Bundesbank President Jens Weidmann said, weighing in on one of the biggest debates in modern central banking. With much of the industrialised world struggling with anaemic inflation levels, some economists argue that rapid technological development keeps a lid on ...

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