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Over Intransigence of Rich Countries, Developing Countries Win Mandate on Trade for Development

In the realm of institutions that govern the global economy, the United Nations Conference on Trade and Development (UNCTAD) stands out. While the International Monetary Fund (IMF), the World Bank, the Organization for Economic Cooperation...Show More Summary

IMF Board States Confidence in Lagarde Following Order to Stand Trial

The International Monetary Fund executive board expressed its confidence in Managing Director Christine Lagarde’s abilities to carry out her duties following the announcement that the IMF chief must stand trial over a multimillion-euro payout scheme, IMF Communications Director Gerry Rice said in a statement on Friday.

IMF's Christine Lagarde To Stand Trial, Court Rules

Christine Lagarde, the head of the International Monetary Fund (IMF) is to stand trial over a state payout to the French businessman Bernard Tapie, a court has ruled. She is facing charges of negligence over a payment to Tapie of €404...Show More Summary

IMF Chief Lagarde Will Have to Stand Trial in Tapie Case

Christine Lagarde, the head of the International Monetary Fund, will have to stand trial over her potential involvement in a multimillion-euro government payment to businessman Bernard Tapie, a French court ruled Friday.

Lagarde wants Brexit uncertainty to end

Uncertainty over Britain's vote to leave the EU is affecting global economic growth, warns IMF boss Christine Lagarde. ||| Beijing - The head of the International Monetary Fund on Friday called for quick action to end uncertainty over Britain's vote to leave the European Union, which she said is dampening global economic growth. Show More Summary

Ukraine Gives Up Hope on Receiving IMF Tranche in July

Ukrainian Minister of Finance Oleksandr Danylyuk said that Kiev unlikely will receive next tranche of financial aid of the International Monetary Fund’s (IMF) this month.

New Program of Cooperation Between Moldova, IMF to Be Adopted in Fall

The International Monetary Fund (IMF) cooperation program with Moldova will be adopted in fall at an IMF Board of Directors session, Moldovan Prime Minister Pavel Filip said on Wednesday.

Brazil's Political Left Ousted The IMF, But New Leadership May Need It Back

The Petrobras scandal is Brazil's Brexit. An ex-IMF economist says the International Monetary Fund is needed to save Brazil once again.

IMF slashes Britain’s growth outlook

The International Monetary Fund has cut its forecasts for UK GDP growth in the wake of the nation’s Brexit vote. ||| London - The International Monetary Fund slashed its forecasts for UK GDP growth in the wake of the UK's momentous Brexit vote. Show More Summary

The pound is getting smashed

The pound is diving against the dollar, euro, and yen on Tuesday after the International Monetary Fund (IMF) said Britain's decision to leave the European Union had thrown "a spanner in the works" for its economy. Here are the scoreboards as of 3.55 p.m. Show More Summary

Global Economic Outlook for 2016-2017 Worsened Due to Brexit Risk

The global economic outlook for 2016-2017 is worse than previously anticipated due to uncertainty following the UK decision to exit the European Union, the International Monetary Fund (IMF) said in a revised World Economic Outlook report released on Tuesday.

Brexit just forced the IMF to cut its growth forecast for Britain's economy

The International Monetary Fund slashed its forecast for UK economic growth, saying the vote to leave the European Union has “thrown a spanner in the works” of the global economy. The IMF shaved off 0.9 percentage points from its previous...Show More Summary

Brexit uncertainty prompts IMF to cut global growth forecasts again

By David Lawder WASHINGTON (Reuters) - The International Monetary Fund (IMF) cut its global growth forecasts for the next two years on Tuesday, citing uncertainty over Britain's looming exit from the European Union. The move included a nearly full percentage-point reduction in the UK's 2017 growth forecast. Show More Summary

'Brexit' uncertainty leads IMF to trim forecast for global economy

6 days agoHealth : Booster Shots

Britain’s vote to leave the European Union has led the International Monetary Fund to trim its forecast for global economic growth through 2017, but so far the impact has not been as severe as initially feared. World economic output will increase 3.1% this year, the same as it did in 2015, and...

Deutsche Bank Collapse May Trigger 'Global Financial Catastrophe'

In June, the International Monetary Fund (IMF) labelled Deutsche Bank as the most risky global financial institution. Experts do not believe the bank will suffer the same destiny as Lehman Brothers. But if it does this would be a global financial catastrophe.

Countries Ignoring Global Cooperation ‘Greatest Challenge’ to World Economy

The greatest challenge for the global economy is the possibility of countries retracing steps on cooperation, International Monetary Fund (IMF) Managing Director Christine Lagarde said on Thursday.

Sectors of Russian Economy Show ‘Signs of Positive Improvements’

Some positive improvements are seen in economic activity in the country slows down, International Monetary Fund (IMF) Mission Chief Ernesto Ramirez Rigo stated on Wednesday.

Russia’s Banks Regulation, Supervision Improved ‘Greatly’ - IMF

International Monetary Fund said that regulation and supervision of the banking system in Russia have significantly improved.

IMF Warns Federal Reserve Against Rate Hikes Amid Banking Contagion

The International Monetary Fund has recommended that the US Federal Reserve abstain from any interest rate hikes in the near-term, a recommendation which was subsequently rebuffed by the Fed due to fundamental disagreements over how to approach economic policy.

US Growth May Slow Down Leading to Negative Global Spillovers

According to the International Monetary Fund (IMF) report the growth of the US economy could cause negative global spillovers.

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