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US 'screwed up' handling of AIIB, says Albright

``One of the motives for China to initiate the AIIB was that the US Congress held up the voting share reform in the International Monetary Fund, the World Bank and other international institutions, Albright said at an event held by the Washington-based think tank the Center for Strategic and International Studies (CSIS).''

REPORT: Greece doesn't want to pay its IMF debt back on time

The Greek government currently has a major debt repayment looming — on April 9, the country must repay nearly half a billion euros to the International Monetary Fund (IMF), one of its international creditors. If Greece doesn't get its...Show More Summary

Greece's urgent talks have stalled without a deal and the cash is running out

Greece will reach agreement with its euro zone partners and the International Monetary Fund on a package of reforms next week, which will help to unlock remaining bailout aid, the country's economy minister said on Wednesday. "The agreement...Show More Summary

Zambia: IMF applauds tax resolve

The International Monetary Fund yesterday applauded Zambia’s efforts to resolve tax issues in its copper mining industry, but warned that only further tightening of fiscal and monetary polices would contain the country’s large deficits. Show More Summary

How Congress’s Inaction on IMF Reform, Trade Hinders the U.S.

Lawmakers' failure to act on two important fronts—the International Monetary Fund and trade—may well be undermining America's international economic competitiveness, writes Gerald F. Seib.

Ron Paul: IMF Policies on Ukraine are Irresponsible

Ron Paul notes a crucial flaw in the International Monetary Fund’s decision to extend a loan to the Ukrainian government. The move makes zero economic sense, and only serves the foreign policy agenda of the United States.

Greece's bailout talks are still going nowhere as the country runs out of money

The Greek government's ongoing crisis isn't looking much better at the start of the week. The government and representatives from the European Commission, European Central Bank and International Monetary Fund were locked in negotiations over the weekend, with little progress reported. Show More Summary

Russia Doubts China's AIIB Bank Will Compete With World Bank, IMF

Russian deputy prime minister, Igor Shuvalov, said that Russia dos not consider the China-led Asian Infrastructure Investment Bank (AIIB) as an alternative to the World Bank or the International Monetary Fund (IMF).

China Is One of the Most Unequal Countries in the World, IMF Paper Says

A widening gap between China’s rich and poor makes it “one of the most unequal countries in the world,” according to a new working paper published by the International Monetary Fund.

Forex: No policy shift needed on shilling

Kenya’s shilling was overvalued by about 5 percent to 10 percent to the dollar, but demand for imports and other market pressures were likely to weaken it gradually, so no policy change was required, the International Monetary Fund said. Show More Summary

IMF Suspends Financial Aid to Yemen Citing 'Host of Uncertainties'

The International Monetary Fund announced on Thursday that it had suspended its financial aid to Yemen due to the deepening crisis in the region. The IMF spokesperson noted that he could not say when the loan program would be resume...

IMF agrees: decline of union power has increased income inequality

Discussions of the causes of income inequality typically focus on financial deregulation and tax cuts for the wealthy as key drivers of the trend. In a new paper, the International Monetary Fund broadens the debate by taking a closer look at the effect of declining union power.

Russia is holding a $3 billion sword over Ukraine's neck

Ukraine could be set for yet another showdown with Russia over a $3 billion debt bill. The International Monetary Fund (IMF) is assuming that $3 billion of debt owed by Ukraine to Russia this year will have to be restructured as part of the country's bailout package. Show More Summary

Ukraine Unable to Repay Russian Debt - IMF

Russia will not receive a $3 billion bond owed by Ukraine this year, as International Monetary Fund projections clearly indicate.

IMF Chief Lagarde "Delighted" to Work With Beijing's Development Bank

At the 2015 China Development Forum, held to discuss China's leading role in the 'new normal' of the world economy, the International Monetary Fund head welcomed the prospect of a development bank based in Beijing.

IMF happy to cooperate with China on AIIB: Lagarde

By Dominique Patton BEIJING (Reuters) - The International Monetary Fund will be "delighted" to cooperate with the China-led Asian Infrastructure Investment Bank (AIIB), said IMF managing director Christine Lagarde on Sunday. Lagarde added that there is "massive" room for co-operation with AIIB on infrastructure financing. Show More Summary

IMF considers Greece the ‘most unhelpful client in its history’

International Monetary Fund officials have told their euro area colleagues that Greece is the most unhelpful client their organisation has dealt with in its 70-year history, according to two people familiar with the talks. ||| Karl Stagno...Show More Summary

‘India needs to reform’

India had to make labour markets more flexible and ease land acquisition and other rules if it was to be a key engine of growth amid the fragile global recovery, International Monetary Fund (IMF) managing director Christine Lagarde said. Show More Summary

IMF Fears "Taper Tantrum"; Rear View Mirror Discovery

The totally useless and always late to the party, Christine Lagarde, just now warns of Emerging Markets Instability. The head of the International Monetary Fund warned on Tuesday that emerging markets are set to face a renewed period...Show More Summary

Ukrainian National Bank Confirms Receiving $5 Bln From IMF

The Ukrainian National Bank has confirmed it has received the first tranche of $5 billion from the International Monetary Fund.

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