Greece looks to repay IMF early as bond yields tumble

Europe 04/15/19, 09:43

The Greek government says it is in talks with European bailout lenders to repay its debts to the International Monetary Fund early as market borrowing rates tumbled to their lowest level since 2005.Government spokesman Dimitris Tzanakopoulos said Greece is hoping to repay a "significant portion" of its remaining 9.6 billion ...

IMF chief: Trade conflicts threaten fragile world economy

Business 04/12/19, 01:20

With global growth slowing and many countries struggling with high debts, now is not the time for the "self-inflicted" economic wound of trade wars, the head of the International Monetary Fund is warning. "The key is to avoid the wrong policies, and this is especially the case for trade," IMF Managing ...

Top IMF official warns global economy facing various threats

Business 04/11/19, 10:49

The head of the 189-nation International Monetary Fund says the world is facing a time of high uncertainty with 70 percent of the global economy caught in a growth slowdown that could be worsened by self-inflicted wounds such as unnecessary trade battles. IMF Managing Director Christine Lagarde says that while her ...

IMF managing director says economy is at ‘delicate moment’

Business 04/02/19, 11:08

The head of the 189-nation International Monetary Fund said Tuesday the global economy is at a "delicate moment" with a hoped-for rebound in growth later this year being threatened by a variety of factors such as rising trade tensions between the world's two biggest economies.IMF Managing Director Christine Lagarde said ...

Lagarde: IMF ready to help rescue Venezuelan economy

America 03/07/19, 15:06

The International Monetary Fund is ready to help rescue Venezuela's economy, but the task will be so huge that it will require financing from the larger international community, the head of the body said Thursday."As soon as we are asked by the legitimate authorities of that country to come in ...

US energy secretary surprises at World Government Summit

U.S. 02/10/19, 02:34

U.S. Energy Secretary Rick Perry has made a surprise visit to the World Government Summit in Dubai.Perry took the stage Sunday to announce a robotics competition would be held later this year in the United Arab Emirates.Perry is a former Texas governor who twice launched unsuccessful presidential campaigns.The annual World ...

Global leaders call for action on climate change

Europe 01/25/19, 07:21

World Bank chief Kristalina Georgieva urged the global elites to take a simple step to understand the urgency of combating climate change: "Get the picture of your children, your grandchildren in front of you."Speaking on the last day of the World Economic Forum in Davos, Switzerland, Georgieva warned that the ...

Update: IMF pledges to guard growth, financial stability

Business 10/13/18, 02:03

The Latest on the annual meeting of the International Monetary Fund and World Bank in Bali, Indonesia (all times local):1:45 p.m.The International Monetary Fund has wrapped up its annual meeting pledging to act to protect world growth and financial stability from risks linked to trade and geopolitical tensions.IMF Managing Director ...

Update: IMF head says Pakistan help must be transparent

Business 10/11/18, 00:30

The Latest on the IMF-World Bank annual meeting (all times local):11:45 a.m.International Monetary Fund Managing Director Christine Lagarde has said a bailout package for Pakistan would need to be fully transparent.Lagarde said Thursday that she had not yet seen a formal request for help but thought she might receive one ...

Argentina, IMF reach deal to boost financing to $57 billion

America 09/26/18, 17:12

The International Monetary Fund has agreed to increase a lending package with Argentina by $7.1 billion to a total of $57.1 billion, Economy Minister Nicolas Dujovne said Wednesday.The South American country had secured $50 billion in financing as part of a deal worked out with the IMF in June after ...

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