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Last updated: Jul. 26, 16:15 Page 4 of 10
But there is a lot less to the increase than meets the eye. IMF credit lines, known as Special Drawing Rights, are held by each member proportionally to its contribution. They are not transferable. That means low-income countries, as defined by the IMF, can immediately access just $25 billion of that $650 billion. The 44 nations S&P ranks B+ or lower—credit-challenged, you might say—get $42 billion, Tilleray calculates.
By Craig Mellow
Barron`s,  Jul. 23, 2021    E-mail this to a Friend
A crucial linchpin of the world’s financial plumbing is ripe for disruption
By Gillian Tett
Financial Times,  Jul. 22, 2021    E-mail this to a Friend
Central bank holds first meeting since policy review changed strategy to become more tolerant of price growth
By FT
Financial Times,  Jul. 22, 2021    E-mail this to a Friend
Pilot scheme is obvious solution to maintaining access to cash — but the clock is ticking
By FT
Financial Times,  Jul. 22, 2021    E-mail this to a Friend
Tokyo’s annual defence white paper accuses Beijing of attempting to destabilise regional status quo
By FT
Financial Times,  Jul. 21, 2021    E-mail this to a Friend
The French president is accused of being out-of-touch — but so too were many of his predecessors. Can he once again steer through the centre and win a second term?
By FT
Financial Times,  Jul. 23, 2021    E-mail this to a Friend
Lack of trust on both sides has led to dramatic fall in foreign dealmaking by Chinese companies
By FT
Financial Times,  Jul. 22, 2021    E-mail this to a Friend
Congress has a well-worn arsenal of creative budgetary techniques and strategies
By Richard Rubin and Andrew Duehren
The Wall Street Journal,  Jul. 22, 2021    E-mail this to a Friend
Structures have saved investors millions in fees but crisis often follows innovation
By FT View
Financial Times,  Jul. 21, 2021    E-mail this to a Friend
If President Biden does seek change, Fed governor Lael Brainard is the most likely candidate
By Nick Timiraos and Andrew Restuccia
The Wall Street Journal,  Jul. 21, 2021    E-mail this to a Friend
Officials pushed trade and cooperation. Then came the pandemic and last year’s border clashes.
By Sadanand Dhume
The Wall Street Journal,  Jul. 23, 2021    E-mail this to a Friend
Republican strategy of uncompromising opposition to the president’s policies is unchanged
By FT
Financial Times,  Jul. 22, 2021    E-mail this to a Friend
Form Energy’s iron-air batteries could have big ramifications for storing electricity on the power grid
By Russell Gold
The Wall Street Journal,  Jul. 22, 2021    E-mail this to a Friend
The 18-month drop, the steepest decline since World War II, was fueled by the coronavirus pandemic.
By Julie Bosman, Sophie Kasakove and Daniel Victor
The New York Times,  Jul. 21, 2021    E-mail this to a Friend
The EU wants to enhance ‘strategic autonomy’ in a sector facing shortages but the risk is that is squanders public money
By FT
Financial Times,  Jul. 21, 2021    E-mail this to a Friend
Last updated: Jul. 26, 16:15 Page 4 of 10