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).
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.
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
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...
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.
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
Russia will not receive a $3 billion bond owed by Ukraine this year, as International Monetary Fund projections clearly indicate.
China received critical support from the International Monetary FÑ5M_ andile.mantanga¸¬·D¸H¸ÿÿ`–orumund (IMF) and Asian Development BankÑ5M_ andile.mantanga¸¬·D¸H¸ÿÿ– on Sunday yesterday for its goal of establishing a new Chinese-led...Show More Summary
By Matthew Miller and Brenda Goh BEIJING, March 22 (Reuters) - China received critical support from the International Monetary Forum and Asian Development Bank on Sunday for its goal of establishing a new Chinese-led multilateral lender,...Show More Summary
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.
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
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 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
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
The Ukrainian National Bank has confirmed it has received the first tranche of $5 billion from the International Monetary Fund.
Daniel J. Mitchell It’s not very often that I applaud research from the International Monetary Fund. That international bureaucracy has a bad track record of pushing for tax hikes and other policies to augment the size and power of government...Show More Summary
The Greek government transferred €580 million ($615 million) in loan repayments to the International Monetary Fund (IMF) on time as the country tries to reach a deal with its international lenders to unlock further bailout funds.
Prime Minister Shinzo Abe's economic policies could improve income inequality, helping younger people especially, if he fully implements a planned labor market overhaul, according to economists at the International Monetary Fund.
Ukrainian President Petro Poroshenko. (dayblakelydonaldson (CC BY 2.0)) Ukrainian President Petro Poroshenko has admitted that a new $17.5 billion loan from the International Monetary Fund and its associated austerity measures will...Show More Summary
``CHINA is in talks with the International Monetary Fund for the Washington-based institution to add the yuan to its basket of reserve currencies, a top banking official said yesterday as Beijing seeks a greater global role for the unit.''