The 1940s saw a series of movies with Bing Crosby and Bob Hope, starting with the Road to Singapore in 1940. The plot was always similar. Bing and Bob, two fast-talking con men or song-and-dance ...
This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...
Today, the Ministry of Economy and Labour released the 2025 Q2 Balance of Payments & International Investment Position publication. The Minister explained, “Bermuda’s trade with non-residents resulted ...
The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...
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How should you view a balance of payments deficit?
The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...
The International Monetary Fund (IMF) has revised its balance of payments standards to incorporate digital assets. In the newly released seventh edition of its Balance of Payments Manual (BPM7), the ...
The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...
China’s GDP statistics are widely thought to be, well, works of performance art. Targets, once set, are almost always met. GDP—apart from the pandemic years—smoothly glided upward. And since China ...
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