IMF chief promises 'belly-dance' if US endorses reformsFrustrated with the US Congress's refusal to vote through crucial reforms at the International Monetary Fund, IMF chief Christine Lagarde promised a show if they do.
IMF slashes Brazil growth forecast for 2014The International Monetary Fund slashed its 2014 economic growth forecast for Brazil by a full percentage point, blaming weak investment and a consumer funk.
Kazakhstan’s GDP real growth expected at 4.8%: IMFAccording to the Fund’s estimates, the inflation ratio is expected to reach 9%, “although the Government has been trying to keep the inflation ratio within the range of 6-8%”.
BRICS create development bank, 'mini-IMF'The BRICS group of emerging powers created a Shanghai-based development bank and a reserve fund seen as alternatives to Western-led institutions.
16 July 2014
After eurozone crisis, IMF rethinks rescuesThe International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014
G77 plus China eye end to poverty by 2030, new UN roleA summit of G77 leaders plus China wrapped up Sunday with a call for an end to poverty by 2030, after a demand by Bolivia's President Evo Morales to eliminate the UN Security Council.
16 June 2014
Ukraine, Russia in crisis talks on gas, insurgencyUkraine's week of tough negotiations with Russia, aimed at ending a separatist insurgency and averting a gas cut-off, got off to a rocky start as a round of gas talks broke up early Tuesday without a deal.
10 June 2014
Nauru applies for IMF membershipThe tiny Pacific island nation of Nauru has officially lodged an application for entry to the International Monetary Fund, the global financial body said.
10 May 2014
Portugal to end EU-IMF bailout with clean breakPortugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
05 May 2014
Blast in Athens as Greece set to return to bond marketsA booby-trapped car exploded outside the Bank of Greece in central Athens early Thursday without injuring anyone, hours before Greece was due to return to the debt markets after a four-year absence.
Warning bells as Portugal urged to exit bailout without bufferWith Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.
11 March 2014
Kerry to visit Kiev as Russia faces global outcryUS Secretary of State John Kerry will travel to Kiev this week in a show of support for the embattled leadership, as Washington and its allies slammed Moscow for violating Ukraine's sovereignty.