IMF says the world needs to commit $50 billion to combat the pandemic

IMF says the world needs to commit $50 billion to combat the pandemic

By Anna Domanska - May 24, 2021

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

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Low-income countries in debt stranglehold, says report

Low-income countries in debt stranglehold, says report

By Christy Gren - Oct 16, 2020

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.

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Deep recession will lead to uneven recovery in next two years, says IMF

Deep recession will lead to uneven recovery in next two years, says IMF

By Christy Gren - Oct 15, 2020

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

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Global Economy Mess Could Wipe Off $3.8 Trillion: IMF Warns

Global Economy Mess Could Wipe Off $3.8 Trillion: IMF Warns

By Christy Gren - Oct 13, 2014

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

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IMF cuts Global Growth Forecast, citing ‘weak and uneven recovery’

IMF cuts Global Growth Forecast, citing ‘weak and uneven recovery’

By Christy Gren - Oct 08, 2014

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

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IMF pushes China to introduce essential reforms as it cuts growth outlook

IMF pushes China to introduce essential reforms as it cuts growth outlook

By Anna Domanska - May 29, 2013

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

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IMF criticizes Osbornomics for

IMF criticizes Osbornomics for "lost decade of growth"

By Jay Raol - May 08, 2013

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

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IMF’s Lagarde says global economy has moved forward

IMF’s Lagarde says global economy has moved forward

By Jay Raol - Apr 09, 2013

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

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Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

By Jay Raol - Sep 12, 2011

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

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