The International Monetary Fund announced Tuesday it has reached a staff-level agreement to disburse around $120 million to El Salvador, following the first review of a $1.4 billion, 40-month extended fund facility program.
The release of the funds still requires approval from the IMF executive board.
The agreement follows a strong performance under the program, with most targets comfortably met and good progress on structural reforms, according to the IMF.
The broader $1.4 billion arrangement was approved in February, aimed at supporting economic stability and reforms. Separately, El Salvador also secured a $500 million loan from the Inter-American Development Bank in March to reinforce its national budget.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
Israeli Prime Minister Benjamin Netanyahu has informed families of hostages in Gaza that Israel has accepted a new ceasefire proposal put forward by US envoy Steve Witkoff, according to Israeli media reports.
Fourteen years after President Barack Obama asked Steve Jobs what it would take to manufacture iPhones in the United States, President Donald Trump is pressing Apple CEO Tim Cook with the same question — but under more aggressive terms.
Russia will send the same delegation to the second round of negotiations with Ukraine, scheduled for June 2 in Istanbul, according to a diplomatic statement on Thursday.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
Fourteen years after President Barack Obama asked Steve Jobs what it would take to manufacture iPhones in the United States, President Donald Trump is pressing Apple CEO Tim Cook with the same question — but under more aggressive terms.
Russia will send the same delegation to the second round of negotiations with Ukraine, scheduled for June 2 in Istanbul, according to a diplomatic statement on Thursday.
The next five years are likely to be the warmest in recorded history, according to the World Meteorological Organization (WMO), as rising global temperatures push the planet closer to surpassing key climate thresholds with wide-ranging consequences.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Kyiv faced a large-scale Russian drone and missile assault overnight, with explosions and gunfire echoing throughout the city, forcing residents to shelter in subway stations.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
Fourteen years after President Barack Obama asked Steve Jobs what it would take to manufacture iPhones in the United States, President Donald Trump is pressing Apple CEO Tim Cook with the same question — but under more aggressive terms.
Russia will send the same delegation to the second round of negotiations with Ukraine, scheduled for June 2 in Istanbul, according to a diplomatic statement on Thursday.
A U.S. federal trade court delivered a significant blow to President Donald Trump’s trade policy on Wednesday, ruling that his administration exceeded presidential authority when it imposed sweeping tariffs on nearly all U.S. trading partners.
NATO Military Committee Chairman Admiral Giuseppe Cavo Dragone said on Wednesday that Türkiye will play a crucial role in the peace process between Russia and Ukraine, highlighting the country’s importance to the alliance.
A federal appeals court on Thursday granted the Trump administration’s request to temporarily reinstate most of Donald Trump’s sweeping tariffs, pausing a lower court ruling that had struck them down.
Fourteen years after President Barack Obama asked Steve Jobs what it would take to manufacture iPhones in the United States, President Donald Trump is pressing Apple CEO Tim Cook with the same question — but under more aggressive terms.
Russia will send the same delegation to the second round of negotiations with Ukraine, scheduled for June 2 in Istanbul, according to a diplomatic statement on Thursday.
The next five years are likely to be the warmest in recorded history, according to the World Meteorological Organization (WMO), as rising global temperatures push the planet closer to surpassing key climate thresholds with wide-ranging consequences.
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