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Donald Trump to meet Mark Carney at White House after Canadian PM’s election victory

1 week ago | afr.com | Eric Martin |Brian Platt |Josh Wingrove

Eric Martin, Brian Platt and Josh WingroveMay 3, 2025 – 1.04am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Canadian Prime Minister Mark Carney is scheduled to meet with US President Donald Trump in Washington on Tuesday, people familiar with the matter said, their first encounter since Carney won an election in part because of an anti-Trump message.
Trump Sidelines National Security Adviser With UN Job Swap (1)

1 week ago | news.bloomberglaw.com | Annmarie Hordern |Jennifer A. Dlouhy |Eric Martin

President Donald Trump said he will nominate Michael Waltz, his current national security adviser, to be the next US ambassador to the UN, sidelining a top aide who drew a wave of criticism for inadvertently adding a journalist to a Signal group chat where officials discussed sensitive attack plans. Marco Rubio will serve as interim national security adviser while keeping his job as secretary of state, Trump said in a post on X.
IMF Chief Says Recession Risk Rises If Uncertainty Drags On (1)

3 weeks ago | news.bloombergtax.com | Lisa Abramowicz |Eric Martin

The head of International Monetary Fund warned that the chances of global recession will rise if uncertainty over a US-led trade war continues to drag. While the Washington-based fund doesn’t currently forecast such a downturn, the impact of tariff threats has created a level of uncertainty that’s “off the charts,” Kristalina Georgieva said in a Bloomberg Television interview Tuesday.
Trump Hosts Salvadoran Leader Who’s Aiding Migrant Crackdown (1)

1 month ago | news.bloombergtax.com | Matthew Bristow |Eric Martin

In just a decade, El Salvador has gone from murder capital of the world to become a nation where mass incarceration and hardline policing have brought peace to the streets. On Monday, Salvadoran President Nayib Bukele will have a chance to take a victory lap in the Oval Office with US President Donald Trump, who is sending alleged migrant gang members to Bukele’s mega-jail for a fee over the objections of some US judges.
Trump Hosts Salvadoran Leader Who’s Aiding Migrant Crackdown (1)

1 month ago | news.bloomberglaw.com | Matthew Bristow |Eric Martin

In just a decade, El Salvador has gone from murder capital of the world to become a nation where mass incarceration and hardline policing have brought peace to the streets. On Monday, Salvadoran President Nayib Bukele will have a chance to take a victory lap in the Oval Office with US President Donald Trump, who is sending alleged migrant gang members to Bukele’s mega-jail for a fee over the objections of some US judges.
Ex-Man United boss Solskjær named Besiktas head coach.

Jan 18, 2025 | fullview.co.za | Eric Martin

Staff Reporter. Turkish side Besiktas have appointed former Manchester United player and manager Ole Gunnar Solskjær as head coach, the club has confirmed. The 51-year-old Norwegian has signed an 18-month deal – with an option for the 2026-27 season – in what is his first managerial position since being sacked by United in 2021.
World Bank warns that US tariffs could reduce global growth outlook.

Jan 18, 2025 | fullview.co.za | Eric Martin

By Eric Martin, Bloomberg. The World Bank warned that developing economies will face tougher years ahead, with growth globally too slow to boost living standards and a climate of high policy uncertainty deterring advanced-nation investment in poorer countries.
IMF lifts global growth forecast on stronger US demand

Jan 17, 2025 | afr.com | Eric Martin

Washington | The International Monetary Fund upgraded its global growth forecast for this year, spurred by stronger-than-expected US demand and slowing inflation worldwide that will let central banks continue to cut interest rates. The IMF raised its projection to 3.3 per cent in an update to its World Economic Outlook on Friday, 0.1 percentage point more than its previous forecast in October. It kept the estimate for 2026 unchanged at 3.3 per cent. Loading... Bloomberg
Looming Debt Spiral in Emerging Markets Raises Pressure on IMF

Oct 29, 2024 | news.bloomberglaw.com | Jorgelina do Rosario |Eric Martin

A liquidity crunch is brewing across the developing world, raising pressure on US-backed international financial institutions to help poor nations meet mounting debt repayments and drive much-needed investments. The Washington-based International Monetary Fund and World Bank last week unveiled a three-pronged approach to help countries deal with a wall of maturities due over the next three years.
IMF warns low growth, less trade and

Oct 20, 2024 | fullview.co.za | Eric Martin

By Eric Martin, Bloomberg. The International Monetary Fund warned that wars, trade tensions, high debt and low growth threaten to prolong a lackluster economic era and leave nations without the resources to reduce poverty and confront climate change.