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Christine Lagarde smashed the glass ceiling at one of the world's preeminent institutions when she was named two years ago to lead the International Monetary Fund, capping a shooting-star career.
Sri Lanka's central bank Friday cut benchmark lending rates by 50 basis points, saying the move was to designed to encourage growth amid sluggish economic activity this year.
The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".
Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and World Bank spring meetings kicked off.
Jubilee USA Network, a debt-relief organization, on Thursday criticized the International Monetary Fund for using a "double standard" in prescribing austerity measures to troubled economies.
Asia-Pacific growth will edge up this year on the back of a recovery in the US and emerging nations.
Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to support a sweeping restructuring program for impoverished Jamaica.
EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians, will take a giant hit.
The International Monetary Fund (IMF) Thursday called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.
Nineteen US leaders, including former Treasury secretaries, urged Congress Tuesday to ratify International Monetary Fund (IMF) reforms and remove the key obstacle to its implementation.
A Paris court Tuesday turned down disgraced former IMF chief Dominique Strauss-Kahn's bid to ban a "despicable" book on his affair with the author, but ordered Marcela Iacub and her publisher to pay him 50,000 euros in damages.
Supermarket chains in Argentina agreed to freeze their prices for 60 days in an attempt to rein in inflation.
After lengthy delays, the International Monetary Fund unblocked part of its aid to Greece Wednesday, offering a brief respite to the recession-mired country grappling with austerity measures.
The International Monetary Fund will send a team of experts to Cairo to discuss possible financial support for the Eygptian economy.
Malawi's President Joyce Banda has assured visiting IMF managing director Christine Lagarde that the impoverished southern African country will not backtrack on reforms to help the economy recover.
The International Monetary Fund said Wednesday that US actions to avoid the fiscal cliff did not go far enough to address the country's long-term fiscal deficit and debt problems.
Talks on a bailout for Cyprus are not expected to wrap up this year, the International Monetary Fund said Thursday.
The International Monetary Fund said Monday its executive board is unlikly to consider until late January any possible action against Argentina for failing to supply accurate economic data.
The International Monetary Fund on Wednesday warned that Hong Kong could see an abrupt fall in property prices after years of dramatic increases in one of the world's most expensive housing markets.
The United States needs to raise taxes and cut spending to address the looming fiscal cliff, IMF chief Christine Lagarde said Sunday, warning that anything less would undermine economic confidence.
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