14-10-2017 13:00
MADRID: The International Monetary Fund and the Spanish government warned on Friday (Oct 13) the country's economic growth could be dealt a blow if Catalonia's drive to break away persists, just as the Catalan leader's separatist allies pressed him to go ahead with independence.
26-09-2017 09:56
WASHINGTON: A hollowing out of the middle class in advanced economies like the US, amid weak wage growth and rising inequality, is holding back global growth, a senior IMF official said on Monday (Sep 25).
29-07-2017 11:00
WASHINGTON: The International Monetary Fund on Friday said that the US dollar was overvalued by 10 per cent to 20 per cent, based on US near-term economic fundamentals, while it viewed valuations of the euro, Japan's yen, and China's yuan as broadly in line with fundamentals.
24-07-2017 17:00
WASHINGTON: The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said on Sunday (Jul 23).
06-07-2017 12:00
Ahead of the G20 leaders summit this weekend in Hamburg, IMF Managing Director Christine Lagarde said the mood is upbeat given the now one-year-old recovery.
01-07-2017 13:00
LISBON: Portugal has made an early repayment of €1 billion to the International Monetary Fund and intends to repay a further €2.6 billion of bailout loans by August, the government said Friday.
20-06-2017 17:17
At the recent Vietnam Industrial & Manufacturing Fair (VIMF) 2017, German industrial giant Siemens has showcased its typical digital solutions in the entire industrial value chain.
09-06-2017 08:44
WASHINGTON: The IMF's proposed compromise on Greece raises hopes it will break a deadlock with Europe next week and open the way for the release of desperately needed funds for Athens, averting a renewed crisis in July.
23-05-2017 14:00
BRUSSELS: Eurozone finance ministers failed to reach a deal for fresh bailout cash for Greece on Monday (May 22), as a row with the International Monetary Fund over debt relief dragged on.
09-05-2017 15:43
WASHINGTON: The International Monetary Fund said Asia's economic outlook faces "significant" uncertainty and downside growth risks from any sudden tightening in global financial conditions or rise in protectionist trade policies.
24-04-2017 10:21
With fears rising that the Trump administration will follow through on its threats to raise trade barriers, world finance ministers are united on one message: protectionism threatens the global economy.
11-04-2017 10:00
BERLIN: The chiefs of the IMF, WTO and OECD vowed on Monday (Apr 10) in a joint statement to defend free trade against creeping protectionist trends, amid growing global alarm over US President Donald Trump's "America First" call.
15-03-2017 14:00
WASHINGTON: IMF chief Christine Lagarde on Tuesday (Mar 14) warned the world's largest economies to avoid damaging the incipient global recovery with policies that would derail trade and immigration.
24-02-2017 12:00
WASHINGTON: In a not so subtle jab at European officials and their dealings with Greece, the IMF on Thursday (Feb 23) issued a warning against pretending that "unpayable debts" can be repaid.
06-12-2016 13:00
BRUSSELS: Eurozone finance ministers on Monday (Dec 5) approved new debt relief measures to alleviate Greece's colossal debt mountain in the wake of its huge 86-billion-euro bailout, but at levels far short of those demanded by the IMF.