Just a minor player globally, the Chinese currency will expand its use a lot over the next decade, the hedge fund honcho predicts.
Organization warns pandemic will reverse progress made in reducing global poverty and will increase inequality.
IMF sees few signs of a turning point amid ‘new normal’ of higher uncertainty.
Decline in growth expectations coincided with start of US-China trade war.
European Union has to approve the measure, which is aimed at making room for younger workers.
Organization says tariffs and retaliation could ‘derail’ recovery.
The two institutions object to amendments made to proposed pension bill.
Says US fiscal policy will be less expansionary than previously assumed.
“Medium-term imbalances” cast a cloud on the outlook, according to a report.
Nearly two-thirds of all retirees in Ukraine receive the minimum pension.