International Monetary Fund Stories
Bond Bubble Threatens Global Financial System: Bank Of England's Andy Haldane Warns
A senior BoE official warned of a major bond bubble threat while the BoE said the consequences of raising rates too quickly would be severe.
China's Local Governments Continue To Stimulate Growth With Big-Ticket Spending Despite Beijing's Intent To Reduce Dependency On Large Investment Projects
While China's central government seems comfortable with a slowing national economy, local governments are spurring local growth with spending.
Argentina Fights With Inflation As Government Acknowledges Financial Instability And Freezes Prices
After a few years of growth, Argentina is facing its worst price crisis since the 1990s. Will its strategy bring back stability?
Greece To Suspend ERT State-Run Television Network And Furlough 2,500 State Employees To Cut Costs, POESY Media Union Denounces Move
Greek officials said ERT cost Greece 300 million euros each year and had become "a typical example of incredible waste."
French Prosecutors Say There's No Evidence From Latest Investigation That Dominique Strauss-Kahn Had Sex With Prostitutes
The former IMF chief may have aggravated pimping charges against him dropped.
Pakistan May Seek IMF Help, But Energy Crisis, Tax Reform More Urgent
Pakistan may soon be headed for an IMF bailout, but solving a severe energy crisis and tax reforms must come first.
IMF Set to Admit It Underestimated Damage Its Demand For Greek Austerity Would Inflict
The IMF is expected to admit that it made mistakes in assembling an austere bailout package for Greece.
IMF Lowers 2013 French Growth Forecast; Tells Paris It Risks Falling Behind Unless It Speeds Up Reforms, Including Lowering Labor Costs
The IMF tells Socialist President François Hollande to step up reforms aimed at boosting competitiveness.
China’s Public Debt Concerns Unfounded, Economist Says
Economist brushes away concerns about public debt in China, South China Morning Post reports.
Stock Futures Signal Lower Open On Wednesday
U.S. stocks were set to open lower on Wednesday following a record showing on Tuesday.
Here's A Snapshot Of How European Parliament Sees The Scope Of Tax Evasion Among Residents Of The 27 Member States [INFOGRAPHIC]
European Parliament wants to see more done to crack down on widespread tax cheating.
China’s Central Bank Vice Governor Yi Gang: Beijing To Loosen Strict Control Of Its Currency, The Yuan
China’s control over the value of its currency could soon be a little less strict, according to a top central bank official.
IMF Warns UK Tightening Policies And US Political Gridlock Make New Recessions Possible And Put Global Economies At Risk
Recession remains a huge risk for large economies, according to new assessments by the IMF.
Greek Bailout: Troika And Greece Agree To Economic Reforms That Include Firing 15K Civil Service Workers
The euro zone's three finance regulators predict Greece will return to growth gradually in 2014 as it cuts civil service jobs.
IMF Recognizes Somali Government Ending 22-Year Break In Relations; IMF May Lend Policy Advice, Money Lending Has To Wait Till Somalia Clears Previous Debt
The International Monetary Fund (IMF) officially recognized the Somali government on Friday, ending a 22-year-long break in relations.
Lagarde Backs Bank Of Japan Easing, Stands By Euro
IMF chief Christine Lagarde on Sunday welcomed the Bank of Japan’s aggressive easing program as a helpful step to support global growth.
BRICS Kiss Euro Goodbye, Dump Foreign Exchange Reserves
The BRICS nations, along with dozens of other developing countries have been dumping their foreign exchange holdings of the euro.
Egypt Says $4.8 Billion IMF Loan Agreement Likely In Two Weeks; Funds Sought To Boost Economy
Egypt's planning minister said Thursday the government may reach a final agreement over a $4.8 billion loan in two weeks.
IMF: 1 Billion Euros Toward Cyprus' Reforms
The IMF's contribution seeks to distribute burdens and protect the most vulnerable.
Egypt’s Appalling Economy: Libya To The Rescue?
Egypt's economy is still in trouble. Is Libya coming to the rescue?
Egyptian Parliamentary Elections To Be Held In October Under New Election Law: Mursi
Egypt may hold parliamentary elections in October, and not in April as planned earlier.
Brazil, Russia, India, China, South Africa – The BRICS Nations – Propose Creating Their Own Version Of The IMF, World Bank
These five nations trade goods worth $282 billion a year with each other, and they want their own IMF and World Bank.
Five Ways The Euro Zone Has Changed Since The EU, IMF And ECB, Known As The Troika, Financially Rescued Cyprus
As the dust from the Cyprus financial rescue settles, an altered landscape is emerging.
Eurogroup Statement On Cyprus [FULL TEXT]
Here is the full text of the Eurogroup Statement on Cyprus, as issued in Brussels early Monday.
Cyprus' Bailout By The EU And The IMF Is Small Change Compared To What The Other Euro Zone Countries, Including Spain And Greece, Have Received [INFOGRAPHIC]
Cyprus will get €10 billion to prop up its €17 billion economy. That’s nothing compared with the bailouts of four other euro-zone countries.
Cyprus Accepts Harsh Terms For Financial Rescue By International Monetary Fund, European Union And European Central Bank; Capital Controls Implemented
After days of talks, Cyprus realized it had no choice but to accept harsh euro-zone bailout terms, including a one-time bank-deposit levy.
Cyprus Proposes Money Raising Plan To Win Troika Financial Rescue; Russia Decides Not To Help; Markets Dismiss 'Contagion' Fears
The EU gauged Cyprus' latest plan to raise money as Russia decides not to help prevent a Cypriot meltdown.
Cyprus' Pitch To Troika Rejected, Monday Is Deadline To Accept Loan Terms Or Have Emergency Funds Cut Off; Russia Cool To Helping Nicosia; Island's Bank Closure Extended To Tuesday
Cyprus is fast exhausting options to avoid financial ruin as Brussels and Moscow watch it rush to the precipice.
Germans Warn Cyprus After Bailout Rejection; A Russian Rescue?
Germany's finance minister warned Cyprus Tuesday night that its banks may never be able to reopen if it rejects the terms of a bailout.
Cyprus Rejects Troika's Demand For Levies On Bank Deposits As Condition For Bailout, ECB Vows Support For Cyprus
Where the island nation heads now -- seek easier terms from lenders or default on its sovereign debt - is unclear.