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India Is No Longer the World’s Fastest-Growing Large Economy, IMF Says

Canceling nearly 90% of cash in circulation cost India the mantle of world’s fastest-growing large economy in 2016, the International Monetary Fund said, though it categorized the slowdown as temporary.

IMF growth forecast reduced to 1.7%

The International Monetary Fund (IMF) has cut its growth outlook for Mexico to 1.7% this year and 2% next, a decline of 0.6% for both years. The fund said today FULL STORY The post IMF growth forecast reduced to 1.7% appeared first on Mexico News Daily.

IMF boosts growth forecast for US, cites Trump impact

The International Monetary Fund is raising its forecast for the U.S. economy this year and in 2018, reflecting an expected boost from the economic policies of President-elect Donald Trump. The … Click to Continue »

The Results Are In: The IMF’s Venezuela Inflation Guesstimate Was Way Off

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke. In October, the International Monetary Fund (IMF) committed a blunder when it issued a forecast for Venezuela’s end-of-year annual inflation rate. Show More Summary

The Results Are In: The IMF’s Venezuela Inflation Guesstimate Was Way Off

In October, the International Monetary Fund (IMF) committed a blunder when it issued a forecast for Venezuela’s end-of-year annual inflation rate. An inflation forecast in a country that is toying with hyperinflation is a mug’s game. The...Show More Summary

Immigration boosts wealth, does not increase inequality: IMF

BRUSSELS (Reuters) - Immigration has a generally positive economic impact on receiving countries but the benefits depend on how well the migrants are integrated, the International Monetary Fund's First Deputy Managing Director David Lipton said on Monday.

Bimco Expects 'Die-hard Competition' to Continue in 2017

2017 will see another year of die-hard competition, which now includes tankers, says International shipping association Bimco. The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009.

Ukraine slashes gas use as subsidies phased out

Ukraine on Monday reported a one-third drop in its use of natural gas and general energy savings that will be cheered by its financial backers from the International Monetary Fund. The IMF has long identified Ukraine as one of Europe's most inefficient countries when it comes to fuel consumption. Show More Summary

BIMCO: What Shipping Market can Expect for 2017

The shipping industry has its work cut out going forward in 2017 as the International Monetary Fund (IMF) forecast the lowest level of global GDP growth since 2009. 2017 will see another year of die-hard competition, which now includes tankers.

Africa's Entrepreneurs: Strong but Struggling

Photo Credit: ITC via wikimedia Consider this.. By 2035 the number of Africans joining the working age population will exceed that of the rest of the world combined, according to the International Monetary Fund (IMF). Micro, small and medium enterprises (MSMEs) are at the heart of Africa's growth. Show More Summary

IMF slams Gulf States plan to tax expat remittances

In an unequivocal Christmas Day message, the International Monetary Fund has warned about Gulf State plans to tax money transfers made by expatriate workers across the region. According to the Arab Times, the IMF report states 90 per cent of private sector employees are workers from overseas, with implementing remittance taxes guaranteed... Expats Blog -

IMF board backs Lagarde despite conviction

The International Monetary Fund said Monday it retains "full confidence" in Christine Lagarde's ability to continue to lead the organization, despite her conviction for negligence in a French court.

Christine Lagarde damaged but able to limp on at IMF

Washington-based organisation’s board had little appetite for what would be a fraught process to pick replacement managing director Christine Lagarde has survived as managing director of the International Monetary Fund, which is clearly what the court in Paris wanted. Show More Summary

IMF board: Lagarde can remain as chief despite conviction

Christine Lagarde can remain head of the International Monetary Fund despite her conviction Monday of negligence in a case dating to her tenure as France's finance minister. The IMF's executive … Click to Continue »

In a surprise verdict, IMF chief Christine Lagarde found guilty of negligence

A French court on Monday found Christine Lagarde, head of the International Monetary Fund, guilty of negligence with public funds after approving a controversial multimillion-dollar payment to a businessman.   But judges decided the former French government minister would not be punished with jail...

Is Lagarde Finished at the IMF?

4 weeks agoNews : The Daily Beast

The International Monetary Fund chief may have escaped heavy punishment in French court, but her conviction could spell doom for her position atop the global financial power structure.

Lagarde's Conviction a Blotch on Her Storied Career

The high-flying career of Christine Lagarde, the head of the International Monetary Fund, hung in the balance Monday after a special French court convicted her of negligence for not seeking to block a fraudulent 2008 arbitration award to a politically connected tycoon while she was France's finance minister. The IMF...

Christine Lagarde: Trailblazing woman at the IMF

Christine Lagarde is a high-flying former lawyer who rose to become the first woman to lead the International Monetary Fund but who may find her stellar career blemished by a conviction for negligence. The silver-haired Lagarde, 60, is credited with steering the Washington-based IMF through turbulent economic waters since taking over in 2011. Show More Summary

IMF chief Christine Lagarde convicted in payout case

The International Monetary Fund’s managing director, Christine Lagarde, was found guilty on Monday of misuse of public funds during her time as French finance minister, but she will not face any jail time. Continue reading ? The post IMF chief Christine Lagarde convicted in payout case appeared first on PBS NewsHour.

IMF's Christine Lagarde Found Guilty Of Negligence Over 2008 Dispute

4 weeks agoNews : The Two-Way

A French court ruled that the current head of the International Monetary Fund improperly oversaw a case when she was France's finance minister. She was not sentenced to any prison time.

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