Britain faces sink or swim moment, Cameron says
Britain faces a sink or swim moment and must take painful action to avoid falling behind its global competitors, Prime Minister David Cameron was set to warn on Wednesday.
IMF: US 'fiscal cliff' would set back world economy
The International Monetary Fund warned US leaders that hitting the looming "fiscal cliff" would not only crush the American economy but spin havoc through the rest of the world.
11 October 2012
IMF meet in Tokyo to address anxiety about growth
Finding ways to boost the slowing global economy and helping poor nations fend off financial shocks will be on the agenda at meetings this week of the International Monetary Fund and World Bank in Tokyo.
11 October 2012
Japan hosts IMF meet 50 years after economic miracle
The last time Japan hosted an International Monetary Fund summit nearly 50 years ago, the nation was a leader in innovation and economic growth that made it the envy of the world.
IMF cuts global forecast, says risks rising
The IMF slashed its global growth forecast and warned things could get much worse if the eurozone crisis is not quelled and Washington fails to reverse the looming "fiscal cliff" austerity plan.
World Bank slashes East Asia-Pacific growth forecast
The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, down from 8.3 percent in 2011, due to the fragile global economy.
Japan auto giants to halve Chinese output: report
Japan's top three carmakers will halve production in China following a sales slump there sparked by a backlash over a territorial row between Tokyo and Beijing.