Jorgelina do Rosario

Senegal’s dollar bonds fell after the International Monetary Fund calculated the country’s debt at above previous estimates, stoking concerns about its fiscal outlook just as formal talks with the lender on a new program get underway.

The International Monetary Fund’s chief sent a message to countries to stay calm amid renewed trade tensions between US and China.

The International Monetary Fund said that global public debt is on track to exceed 100% of GDP by the end of this decade, its highest level since 1948, in the aftermath of World War II.

Talks between Ethiopia’s government and holders of a $1 billion defaulted bond collapsed after both sides agreed to terminate the discussions without an agreement.

The head of the International Monetary Fund said the global economy showed resilience to an initial wave of trade disruptions, but she warned against complacency because financial markets and growth can sour quickly without prudent policies.

The International Monetary Fund’s executive board will meet Friday to discuss Senegal’s debt misreporting case, a spokesperson said.

Emerging-market equities extended their winning streak for a fourth day, climbing to the highest level since 2021 as artificial intelligence optimism — fueled by a landmark OpenAI share sale — lifted global sentiment.

The International Monetary Fund plans to reorganize some divisions that deal with climate change and gender policies, according to people familiar with the matter, after the Trump administration criticized its work in those areas.

Emerging-market currencies and stocks gained on Wednesday, lifted by a rally in Asian equities and a surprise drop in US inflation that reaffirmed bets on a Federal Reserve interest-rate cut next week.

Emerging-market currencies and stocks gained on Wednesday, lifted by a rally in Asian equities and a surprise drop in US inflation that reaffirmed bets on a Federal Reserve interest-rate cut next week.