China presented a plan last month to ban subsidies to IUU fishing vessels, but with exemptions for developing countries and areas subject to territorial disputes... READ MORE›
Credit growth has outpaced GDP growth, leading to a large credit overhang... READ MORE›
Central banks must face challenge of virtual currencies IMF official... READ MORE›
Greek police say they have arrested a man in Athens in connection with a series of letter bomb attacks on EU officials earlier this year... READ MORE›
The shift away from ambitious long-term government growth targets is a departure from past practice in China, and marks a new strategy for longer-term economic development... READ MORE›
China's growth target for this year is around 6.5 percent ... READ MORE›
Gross debt-to-GDP reached 220 percent in China, 190 percent in South Korea, 80 percent in Turkey and 65 percent in India... READ MORE›
The International Monetary Fund has raised concerns about the debt burden of some African countries between 2010 and 2016... READ MORE›
The International Monetary Fund has raised concerns about the debt burden of some African countries between 2010 and 2016... READ MORE›
Following the talks, the Bank said, it would continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development aspirations... READ MORE›
U.S. Ambassador to the United Nations Nikki Haley delivers remarks at a security council meeting at U.N... READ MORE›
G-20 finance chiefs, upbeat on world economy, affirm coordination over risks... READ MORE›
The bank had originally set a goal of its shareholders deciding on a capital increase at this week's World Bank and International Monetary Fund annual meetings... READ MORE›
Demand for cheap capital will invariably exceed its supply... READ MORE›
Christine Lagarde, Managing Director of the International Monetary Fund IMF, spoke to FRANCE 24 during the annual meetings of her institution and the World Bank in Washington... READ MORE›
But there wasn't much consensus between the IMF and the White House on Wednesday when an unusually public disagreement erupted over President Donald Trump's tax plans... READ MORE›
The pound has made gains despite a flurry of gloomy economic reports, while advances among bank stocks helped the wider market push higher... READ MORE›
The International Monetary Fund is giving the Trump administration some unsolicited... READ MORE›
The current positive investor sentiment towards Ethiopia could be enhanced by reforms to improve the business climate... READ MORE›
Fears of further uncertainty in Europe's weakest member state mounted as the International Monetary Fund IMF predicted that Greece's debt load could become explosive by 2030... READ MORE›
Exclusive Europeans tried to block IMF debt report on Greece sources... READ MORE›
The world's banks are mostly stronger now than they were on the eve of the last financial crisis, but there are important exceptions... READ MORE›
G20 countries pay over 1,000 per citizen in fossil fuel subsidies, says IMF... READ MORE›
Excessive private debt is a major headwind against the global recovery and a risk to financial stability, IMF fiscal chief Vitor Gaspar said in prepared remarks... READ MORE›
PARIS -- An activist group is urging French women to stop working Monday at 4 34 p.m... READ MORE›
In the April world economic outlook, it had forecast U.S. growth of 2.3 percent and 2.5 percent, respectively, in 2017 and 2018... READ MORE›
A woman has been injured by a parcel bomb posted to the International Monetary Fund IMF offices in Paris... READ MORE›
Lagarde said last week that policy makers attending the Oct. 7-9 annual meeting of the IMF and World Bank have two tasks... READ MORE›
The Greek government said it would not ask for a euro more from its impoverished citizens... READ MORE›
Above all, countries and people now have options to transform the way we live... READ MORE›
Rodrigo Rato found guilty of misuse of corporate credit cards issued by banks whose near collapse sparked EU bailout... READ MORE›
Ethiopia's economic growth since 2015 has been pegged at 10.8 percent putting a significant gap between them and Kenya... READ MORE›
Reaching agreement would release another tranche of funds from it latest 86 billion euro bailout, and facilitate Greece making a major 7.2 billion euro debt repayment this summer... READ MORE›
International Monetary Fund managing director Christine Lagarde has spoken about the need for countries to increase the female labour supply... READ MORE›
Peruvian president to Trump 'You are lucky to have Latin America.'... READ MORE›
Thousands of people stopped work on Wednesday and marched through Athens to demonstrate over the measures being demanded by international lenders... READ MORE›
Global policy makers are stepping up their resolve to combat an isolationist backlash that threatens to undermine years of opening borders to trade and investment... READ MORE›
AA donor shortfall in food aid to Syrian refugees in 2014 contributed to the migrant crisis that caused chaos in Europe that year, Grandi said... READ MORE›
If the United States under Donald Trump gives up its global leadership and withdraws into isolationism, will the rising superpower China replace it?... READ MORE›
But Egypt's Prime Minister Sherif Ismail told a press conference that the decision was essential and could not be delayed... READ MORE›
CoinDesk reported the World Bank recently helped Kenya create mobile-only government bonds with blockchain technology... READ MORE›
One result has been wider inequality and wage stagnation in many countries, Obstfeld said, presenting the latest IMF forecasts... READ MORE›
Lagarde's decision not to seek to annul the arbitration award isn't just an unfortunate political choice, it's also tantamount to negligence, the court ruled... READ MORE›
Deutsche Bank declined to comment on Cryan's discussions... READ MORE›
RT President Hollande has called the letter-bomb incident at the IMF office a terror attack... READ MORE›
IMF chief Christine Lagarde said the organisation was working closely with French authorities to investigate the incident in Paris... READ MORE›
The expansion of the SDR basket is an important and historic milestone for the SDR, the Fund, China and the international monetary system... READ MORE›
The president, Francois Hollande, said French authorities would do all they could to find those responsible for the letter bomb... READ MORE›
The ruling risks triggering a new leadership crisis at the International Monetary Fund after Lagarde's predecessor Dominique Strauss Khan resigned in 2011 over a sex assault scandal... READ MORE›
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