WASHINGTON: Advanced and developing countries alike voiced worries over fragile global growth, eurozone stagnation and the swamp of excess monetary liquidity as the IMF and...
HONG KONG: Gold prices clawed back some losses Tuesday after suffering their heaviest slump in 30 years triggered by weak Chinese growth data and reports...
Washington: The International Monetary Fund urged countries to reduce subsidies on energy, saying they worsen government’s fiscal positions and eventually create more advantages for the...
Paris: French police on Wednesday raided the Paris home of IMF chief Christine Lagarde in connection with a probe into her handling of a high-profile...
Washington: The International Monetary Fund said Wednesday it would release 3.2 billion euros ($4.3 billion) in aid to Greece that had been frozen for months...
Cairo: Egypt’s President Mohamed Morsi reshuffled his cabinet on Sunday, reports said, in the face of an economic crisis and ahead of fresh talks with...
Washington: 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...
Berlin: Crisis-hit Ireland needs more time to repay its bank bailout funds, the eurozone member’s central bank governor Patrick Honohan said in an interview with...
New York: Dominique Strauss-Kahn, the disgraced former head of the International Monetary Fund and French politician, has reached a preliminary settlement with the Manhattan maid...
BRUSSELS (AFP) – (AFP) – Greece’s unrelenting debt drama tops the agenda Monday when Eurozone finance ministers discuss whether Athens has met conditions set by...