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IMF Reports Sharp Widening of Global Current Account Balances
The IMF’s findings have significant implications for global economic policy. As current account imbalances widen, countries ...
LONDON, June 25 (Reuters) - The U.S. balance of payments gap as a share of annual economic output hit its widest point in almost 20 years during the first quarter. Rather ominously, the last time it ...
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
President Trump has declared trade deficits to be an economic “emergency.” But if they are one, his trade deals can only worsen it.
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...
Türkiye's current account balance recorded its first surplus in nine months in July, supported by robust tourism revenues and ...
Chief Economic Advisor V. Anantha Nageswaran says a weaker rupee is not undesirable in the current context, given low oil and commodity prices. He adds that India’s current account deficit remains ...
An aerial view of the Tau Hu Canal in Ho Chi Minh City, Vietnam.
South Africa’s currency extended losses against the dollar after the current account-deficit widened more than expected in ...
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