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Ukraine wins debt relief and IMF flexibility in DC — but growth outlook dims
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Ukraine wins debt relief and IMF flexibility in DC — but growth outlook dims

by Luca Léry Moffat

WASHINGTON — Ukraine secured two wins in Washington, D.C. this week, including an extension of a debt repayment freeze, as well as signals that the International Monetary Fund would be open to easing some of the tougher elements of the fund's $8.1 loan program to Kyiv. Kyiv signed a deal with international partners to suspend debt service due by Ukraine until the end of February 2030, extending a previous arrangement reached in 2023, the finance ministry said on April 17. The fund also signale

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Russia’s oil boost comes with an inflation catch

By pushing up oil prices, the war in Iran is offering Russia a short-term revenue boost — but at the cost of reigniting inflation, complicating the central bank's efforts to stabilize an already strained wartime economy. Before the U.S. and Israel launched strikes across Iran at the end of February, a slump in oil prices had been pressuring one of the Kremlin’s most important sources of revenue. With shipping through the narrow Strait of Hormuz — which handles about a quarter of the global seab

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