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Kristalina Georgieva issues forceful rebuttal of ‘quid pro quo’ claims amid mounting calls for resignation
Having made billions available to households, companies and governments to borrow during the pandemic, the brakes are now being applied
Norway becomes first major western economy to raise interest rates since the start of the pandemic
Transition away from reliance on real estate will need deft handling
Allegations Kristalina Georgieva manipulated World Bank data have also fed a cultural divide about fund’s role
Trump aides subpoenaed over Capitol attack and in the hometown of Senator Joe Manchin
Or why going back to 2019 is not progress
Business groups say tough Covid restrictions make it increasingly difficult to operate
Sunak under pressure over higher food prices, sharp increases in energy bills and inflation heading for 4%
US taper may be steeper, and its first rate rise sooner, than expected
Allegations about the fund’s Georgieva risk undermining both institutions
Request comes as Biden administration officials plan summit with companies including Apple and Intel on Thursday
Policymakers’ rising inflation concerns lift sterling and pressure UK bonds
Interest rate held at 0.1% as Monetary Policy Committee expects price rises to moderate next year
Lack of cold war-style checks between Washington and Beijing means there is scope for miscalculation
Economists say flash purchasing managers’ index gives Bank of England grounds to delay interest rates increase
The highly successful Lend-Lease programme of the 1940s is a model for fighting climate change
Closely watched PMI survey is latest sign of shortages hampering growth and rising inflationary pressures
US humiliations show both nations are struggling to manage relationship between economic heft and military clout
Powell says tapering could start in November, Facebook’s chief technology officer quits and take our Biden tax plan quiz
The country’s central bank has a few more innovations for others to consider
Norges Bank says more rises to come as economy rebounds and financial imbalances grow
Chair Jay Powell reveals US economy is probably strong enough for taper announcement in November
Deal still on queue
An end to Dublin’s objections would clear a big hurdle to final agreement on a worldwide corporate 15% rate
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