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Gold Demand Dives 15% in Q1: International Edition
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In the first quarter, Vietnam’s gold demand decreased by 15%, dropping to 15.5 tons compared to the previous year, as reported by the World Gold Council. The decrease, primarily due to rising costs and inadequate supplies, marked one of the most significant declines in Asia—only surpassed by Sri Lanka and China, as mentioned in…
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IMF’s New Playbook for Sovereign Debt Crises: Insights from Richmond Kwame FRIMPONG
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At the ongoing World Bank Group Spring Meetings, a blueprint for emerging-market debt restructurings has been launched as a lifeline for sovereign debt crises in an effort to streamline a process that has grown increasingly lengthy and complex for some of the world’s poorest countries. The playbook incorporates several best practices from recent restructuring…