Despite securing a $1.4 billion loan from the IMF, El Salvador is doubling down on its Bitcoin strategy. President Bukele maintains his commitment to integrating Bitcoin into the […]
El Salvador Doubles Down on Bitcoin Purchases Amidst IMF Scrutiny
El Salvador is defying international warnings and continuing to aggressively acquire Bitcoin, despite a $1.4 billion IMF aid package limiting investments. The nation’s commitment to cryptocurrency investment remains […]
El Salvador’s Unwavering Bitcoin Purchase: Challenging IMF Agreements
Despite international warnings from the IMF, El Salvador continues its purchase of Bitcoin, defying a $1.4 billion financing deal that stipulated budget reductions in this area. The nation’s […]
El Salvador Continues Buying Bitcoin Despite IMF Loan Conditions
El Salvador, the nation that became a pioneer by adopting Bitcoin as legal currency, has been in the spotlight recently with its agreement for an IMF loan. However, […]
El Salvador’s Bitcoin Strategy: Balancing IMF Conditions Amidst Continued Growth
El Salvador, under President Nayib Bukele’s leadership, remains committed to its Bitcoin strategy despite restrictions from the International Monetary Fund (IMF). The country has strategically acquired a reserve […]
El Salvador Defies IMF, Continues Bitcoin Purchases Amidst Loan Deal
Despite securing a $1.4 billion loan from the International Monetary Fund (IMF), El Salvador continues to buy Bitcoin. Economy Minister Maria Luisa Hayem confirmed this during an interview […]
El Salvador Continues Bitcoin Purchases Despite IMF Deal
El Salvador is defying a $1.4 billion IMF loan agreement that mandated reduced Bitcoin purchases, continuing its aggressive Bitcoin accumulation despite signing the deal. The country’s Bitcoin Office […]
El Salvador Unwavering in Bitcoin Purchases Despite IMF Agreement
Despite a provision in an IMF loan agreement that restricts further Bitcoin purchases, El Salvador’s government remains committed to acquiring the cryptocurrency. El Salvador’s Minister of Economy, Maria […]
IMF Warns of US Recession Risk as Growth Forecast Downgraded
The International Monetary Fund (IMF) has issued a stark warning about the United States’ economic prospects, downgrading its growth forecast for 2025 to just 1.8%, down significantly from […]
Treasury Secretary Urges Bretton Woods Realignment Amid Global Economic Shift
United States Treasury Secretary Scott Bessent has called for a significant shift in the global monetary order, urging international institutions like the International Monetary Fund (IMF) and World […]
U.S. Treasury Secretary Calls for Collaboration with IMF and World Bank
In a statement to Odaily, U.S. Treasury Secretary Janet Besent clarified that the ‘America First’ policy does not advocate for isolationism. The Biden administration intends to collaborate with […]
IMF Cuts Global Growth Outlook to 2.8%, Reflecting Trade Tensions and Policy Uncertainty
The IMF has significantly lowered its global growth forecast for 2025, projecting a slowdown to 2.8%. This adjustment reflects increased policy uncertainty and rising trade tensions, prompting market […]
IMF Downgrades Growth Forecast Impacts Crypto Market
The International Monetary Fund (IMF) has released its latest World Economic Outlook report, which significantly lowers its global economic growth forecast for 2025. This news triggered a downturn […]
IMF Predicts Fed Rate Cuts by 2025
The International Monetary Fund (IMF) forecasts a moderate growth rate for the US economy in 2025, influenced by consumer spending and business investments. However, lingering trade tensions and […]
IMF Predicts Rate Cuts and Slow US Growth by 2025
The International Monetary Fund (IMF) has issued a report predicting rate cuts by the Federal Reserve and European Central Bank in its latest analysis published on April 22, […]