IMF says the world needs to commit $50 billion to combat the pandemic
The International Monetary Fund, IMF, says that the world would need $50 billion to fight the pandemic. It proposes that the commitments from the various countries and agencies can
Low-income countries in debt stranglehold, says report
Multi-trillion dollar asset manager BlackRock alone holds close to US$1 billion of ‘Eurobonds’ in Ghana, Kenya, Nigeria, Senegal and Zambia through a number of funds.
Deep recession will lead to uneven recovery in next two years, says IMF
According to the International Monetary Fund, the countries that rely more contact-intensive services and oil exporters should expect weaker recoveries compared to manufacturing-le
Global Economy Mess Could Wipe Off $3.8 Trillion: IMF Warns
The International Monetary Fund (IMF), renowned worldwide for its draconian lending policies, issued a timely warning on Monday, of a losses of US $3.8 trillion due to climbing int
IMF cuts Global Growth Forecast, citing ‘weak and uneven recovery’
The International Monetary Fund (IMF) on Tuesday cut its global economic growth forecasts for the third time in 2014, due to even global recovery and drawback risks that have boome
IMF pushes China to introduce essential reforms as it cuts growth outlook
It may come as no surprise that the IMF decided to downgrade its growth outlook for China. The revision was driven by weak global economic conditions and unsatisfactory results rec
IMF criticizes Osbornomics for "lost decade of growth"
George Osborne, the Chancellor, is once again under the IMF scanner, as officials of institution will arrive to review UK economic growth. It is expected that George Osborne will d
IMF’s Lagarde says global economy has moved forward
The International Monetary Fund’s (IMF) Managing Director, Christine Lagarde, while speaking at the Boao Business Forum in Hainan, southern China, firmly underlined that the glob
Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default
When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this debt-ridden Euro nation, as well as the rest of the Eurozon
