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Five years into austerity, Britain prepares for more cuts

``Osborne is due to announce on Wednesday the details of a new spending squeeze which, according to International Monetary Fund data, ranks as the most aggressive austerity plan among the world's rich economies between now and 2020. It is also a gamble by Osborne, a leading contender to be the next prime minister, that voters can stomach more cuts... Show More Summary

Russian Economy Showing Signs of Stabilization - IMF

Russia’s economic outlook has been improving, International Monetary Fund said in a press release on Monday.

Steps You Must Take Before the Next Financial Crash

Getty Images You've probably been seeing headlines about yet another financial crash on the horizon. It's true, the International Monetary Fund has released grim projections for the immediate future of world finance. Why? Well, it's complicated. Show More Summary

Ukraine's $3Bln Eurobond Debt to Russia 'A Rope Around Its Neck'

The International Monetary Fund (IMF) has determined that Ukraine’s $3 billion debt to Russia is sovereign and not commercial, as maintained by Kiev. Financial analyst Andrei Kiprovich says that, in any case, Ukraine will be forced to pay it back: it is like "a rope around its neck," with gallows in every direction.

Russia Calls on IMF, G20 to Find Common Approach to Debt Restructuring

The International Monetary Fund and the G20 should develop common rules in financing, according to Russia's G20 sherpa.

Russia's Proposal on Ukraine Debt Restructuring 'Positive Step' - IMF

Russia's readiness to allow Ukraine not to pay back Russia its $3 billion Eurobonds debt this year is a positive step, according to an International Monetary Fund spokeswoman.

IMF Chief Lagarde Urges Full Implementation of G20 Agenda

International Monetary Fund (IMF) Managing Director Christine Lagarde said that the Antalya Action Plan makes clear that global cooperation is key to addressing the challenges facing the world today.

G20 Urges US to Hastily Ratify IMF Reforms - Communique

G20 urges United States to hastily ratify International Monetary Fund (IMF) reforms.

Russia Holding Talks with IMF on Ukraine's $3-Billion Loan - Minister

Russian Finance Minister Anton Siluanov said that Russia is currently holding talks with the International Monetary Fund and its fundamental stakeholders on Ukraine’s $3-billion loan owed to Moscow.

Yuan’s new global status matters most inside China

The renminbi is on the verge of joining the SDR, the International Monetary Fund’s reserve currency club. The symbolic step won’t send foreign investors rushing into yuan assets. But the move endorses China’s recent financial reforms, and makes them harder to reverse.

BRICS Leaders Urge Washington to Ratify IMF Reforms - Statement

According to the statement issued on Sunday, the BRICS leaders called on the United States to ratify documents on the International Monetary Fund (IMF) reforms as soon as possible.

IMF Director Lagarde: China’s Yuan Should Join Reserve Basket

Christine Lagarde, the International Monetary Fund’s Managing Director, said Friday that China’s yuan should join the agency’s basket of reserve currencies after a staff report bolstered its case. IMF staff reviewed the Chinese currency’s readiness for inclusion in the Special Drawing Rights (SDR) basket of world currencies. Show More Summary

China’s yuan moved closer to joining IMF currency basket

China’s yuan moved closer to joining other top global currencies in the International Monetary Fund’s benchmark foreign exchange basket on Friday after Fund staff and IMF chief Christine Lagarde gave the move the thumbs up. The recommendation paves the way for the Fund’s executive board, which has the final say, to place the yuan CNY=CFXS […]

IMF Reform Allowing More Loans to Kiev 'Risky Proposition' - Russian Envoy

International Monetary Fund (IMF) reforms that will allow Ukraine to continue borrowing while simultaneously not paying back a loan to a sovereign creditor is a "risky proposition," the Russian envoy to the European Union said.

Russia's Putin to meet IMF chief at G20 summit in Turkey: RIA

MOSCOW (Reuters) - Russian President Vladimir Putin plans to meet Christine Lagarde, the managing director of the International Monetary Fund, during the G20 summit in Turkey, the RIA news agency reported on Friday, citing Kremlin spokesman Dmitry Peskov.

Russia Can Not Block IMF Reform Allowing Aid to Ukraine in Case of Default

A reform of the International Monetary Fund (IMF), which will allow continuous financial aid to Ukraine in case of a default, will not be blocked by Russia, Aleksei Mozhin, IMF Executive Director for Russia said.

IMF to include Islamic finance in sector surveillance – Lagarde

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The International Monetary Fund will include Islamic finance in its monitoring of financial sectors around the world, IMF Managing Director Christine Lagarde said on Wednesday, in a sign of the industry's growing economic weight.

Syria May Reach 2010 GDP Level in 20 Years – IMF

Syria could restore its gross domestic product (GDP) to 2010 levels within 20 years if it grows at an average rate of three-percent, the International Monetary Fund (IMF) announced.

IMF Starts Second Assessment of $17.5 Billion Financing Program for Ukraine

An International Monetary Fund (IMF) mission to Ukraine is starting its second assessment of a financing program for Kiev on Thursday.

Jeopardy- This Country Was Named The Worst In The World In GDP Growth

The International Monetary Fund (IMF) has found that ____________ will see its economy shrink more than any other country in the world this year The post Jeopardy- This Country Was Named The Worst In The World In GDP Growth was originally published at The Wall Street Examiner. Follow the money!

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