Ghanaian Finance Minister Seth Terkper is set to outline plans today to rein in the budget deficit that may include spending cuts requested by the International Monetary Fund. ||| Accra - Ghanaian Finance Minister Seth Terkper is set...Show More Summary
The Federal Reserve and its central bank peers around the world unleashed unprecedented amounts of monetary stimulus in its efforts to pull the economy out of the financial crisis. While growth remains anemic, we are no longer in crisis-mode. Show More Summary
The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said. ||| Washington - The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, the International Monetary Fund said Wednesday. Show More Summary
The United States has asked the International Monetary Fund to cancel $100 million (R1.12 billion) of the debts of the three West African countries devastated by the Ebola outbreak. ||| Washington - The United States has asked the International...Show More Summary
Is the global economy experiencing pre-crisis déjà vu? Almost, the International Monetary Fund’s top financial adviser said recently.
President Barack Obama and International Monetary Fund chief Christine Lagarde arrive in China and Australia for major leaders’ summits this week with a clear directive: The world’s largest economies must do more to stimulate growth...
The underlying driver of the foreign exchange market is the divergence between the US and the other high income countries. This was underscored in the past couple of weeks. Between the BOJ and the government's pension fund, monetary stimulus and capital outflows are set to accelerate from the world's third largest economy. Show More Summary
In December 2008, the Fed lowered the federal funds rate to essentially zero and has kept it there since then. This column argues that, contrary to traditional macroeconomic thinking, monetary policy has not been severely constrained by the zero bound until mid-2011. Show More Summary
By Leigh Thomas and David Milliken PARIS (Reuters) - The International Monetary Fund and the United States encouraged the European Central Bank and the Bank of Japan toward greater monetary stimulus on Friday and urged governments around the world to do their share to encourage growth in their countries. Show More Summary
Zimbabwe's economy is showing no signs of recovery after adverse weather, low exports and election year uncertainty shattered growth prospects, the International Monetary Fund said Friday. ||| Harare - Zimbabwe's economy is showing no...Show More Summary
Dominique Strauss-Khan, who features prominently in this report from The Guardian, was in a former life head of the International Monetary Fund (IMF), having acquired this plum role as a leading and highly regarded French socialist.Show More Summary
If the International Monetary Fund’s latest economic appointment is any indication, Europe’s economy must still be in real trouble. IMF chief Christine Lagarde named Poul Thomsen, architect of the controversial Greek bailout and one the fund’s top crisis-fighters, to lead its European Department on Monday.
Image by RT Aid from the International Monetary Fund will enable Ukraine to pay billions in debt to Russia’s primary gas company and allow Ukraine to buy fuel through the winter. But the IMF deal entails major reforms to the country’s...Show More Summary
In March 2013, Cyprus agreed to a €17 billion (£13.42 billion) international bailout by the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Commission (EC). The magnitude of the bailout was 100 per cent of Gross Domestic Product (GDP) and also involved a bank bail in. Show More Summary
Unlike so many grim or aloof suits around Washington, International Monetary Fund Managing Director Christine Lagarde is one of the rare uber-powerful people who seems to be having a good time in the public eye. Whether giving speeches on the global economic outlook or power dining at Fiola Mare, the silver-haired Frenchwoman who heads the 188-nation organization comes off […]
The International Monetary Fund has been warning for years that emerging markets must put their economic houses in order to avoid getting burned by “hot money” cash flows when global markets freak out. (Like they might again in the unlikely event that the U.S. Federal Reserve changes its rate guidance Wednesday.) But it may not really matter.
A 10% increase in China’s minimum wage cuts employment by 1%, according to a new International Monetary Fund research paper.
World Bank chief Jim Yong Kim told an audience this week that “climate change is like Ebola.” The World Bank Chief was speaking at the annual meeting with the International Monetary Fund. This is not the first time the World … Continue reading ?
There is a fresh bout of fear over the economies which form the eurozone area following the announcement of growth statistics by the International Monetary Fund. At its annual meeting in Washington the talk was of concern that the area still had not recovered from previous recessions and may indeed slide into a new downturn. Show More Summary
French economist Jean Tirole won the Nobel Prize in economics Monday for his work on markets and regulation. Photo by Flickr user International Monetary Fund. It’s been quite the year for French economists. First the Thomas Piketty frenzy...Show More Summary