World Economy Economic Organizations

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  • WASHINGTON, April 19- The International Monetary Fund and the World Bank said on Tuesday they are joining forces with other international organizations to cooperate on tax issues and develop new tools and standards for taxing multinational enterprises. The new group, which will also include the United Nations and the Organization for Economic Cooperation...

  • WASHINGTON, April 16- The International Monetary Fund's steering committee on Saturday urged member countries to boost "growth-friendly" spending and said the Fund should explore new lending tools to help countries deal with slowing global growth. "Downside risks to the global economic outlook have increased since October, raising the possibility of a more...

  • WASHINGTON, April 16- The International Monetary Fund's steering committee on Saturday urged member countries to boost "growth-friendly" spending and said the Fund should explore new lending tools to help countries deal with slowing global growth. "Downside risks to the global economic outlook have increased since October, raising the possibility of a more...

  • International Monetary Fund Managing Director Christine Lagarde.

    The IMF's steering committee on Saturday called on member countries to boost "growth-friendly" spending amid downside risks to growth.

  • WASHINGTON, April 16- The International Monetary Fund's steering committee on Saturday called on member countries to boost "growth-friendly" spending and said the Fund should explore new precautionary lending tools to help countries deal with slowing global economic growth. "Downside risks to the global economic outlook have increased since October,...

  • WASHINGTON- African finance ministers press briefing- 1500 GMT. WASHINGTON- International Monetary and Financial Committee press conference at the IMF headquarters- 1700 GMT. WASHINGTON- World Bank holds discussion on "A New Vision for Financing Development".

  • WASHINGTON, April 15- Financial leaders from the Group of 20 nations said on Friday they were heartened by a recent recovery in financial markets, but warned that global growth was "modest and uneven" and threatened by weakness in commodities-based economies. In a communique issued after their meeting in Washington, G20 finance ministers and central bank...

  • WASHINGTON, April 15- The Group of 20 major economies said on Friday that economic growth remains "modest and uneven," with downside risks ranging from a potential British exit from the European Union to geopolitical conflicts.

  • WASHINGTON, April 15- Financial leaders from the Group of 20 major economies scrambled on Friday for a way to keep global growth from stalling amid concerns about a drop-off in international trade and the waning effectiveness of loose monetary policy. The G20 gathering, the highlight of the International Monetary Fund and World Bank spring meetings in...

  • WASHINGTON- IMF discussion on "Private Sector Solutions in Challenging Markets"- 1300 GMT. WASHINGTON- Press briefing: European Department at IMF headquarters- 1315 GMT. WASHINGTON- World Bank holds discussion on "Forced Displacement: A Global Development Challenge".

  • WASHINGTON, April 14- World financial leaders sounded a sour note on the global economy on Thursday, pointing to Britain's possible exit from the European Union as a serious threat alongside China's bumpy growth path and dissent over interest rates in the euro zone. Concern that British voters are edging closer to leaving the EU in a June 23 referendum has...

  • *Concerns about China's growth path. WASHINGTON, April 14- World financial leaders sounded a sour note about the global economy on Thursday, pointing to Britain's possible exit from the European Union as a serious threat alongside rising anti-trade sentiment and China's bumpy growth path. Concern that British voters are edging closer to leaving the EU in a...

  • WASHINGTON, April 14- The International Monetary Fund will not abandon the "troika" underpinning Greece's bailout, but its participation could vary depending on how the bailout is restructured, Fund Managing Director Christine Lagarde said on Thursday. "Our form of participation may vary depending on the commitments of Greece and the undertaking of the...

  • WASHINGTON, April 14- The International Monetary Fund views the threat of Britain leaving the European Union as "one of the serious downside risks on the horizon of global growth," Fund Managing Director Christine Lagarde said on Thursday. Lagarde said a vote by Britons in a June 23 referendum to leave the EU would cause widespread uncertainty, but added that she...

  • LONDON, April 14- The Bank of England issued its clearest warning yet that a British exit from the European Union would probably hurt the economy and cause sterling to slide, angering pro-Brexit campaigners. The warning comes two days after the International Monetary Fund said the world economy would suffer if Britain voted in its referendum on June 23 to leave...

  • WASHINGTON, April 14- International Monetary Fund Managing Director Christine Lagarde said on Thursday the Fund would do more in 2016 to help its members meet economic growth objectives, including devoting more resources to protect vulnerable countries. In a policy agenda document released during the IMF and World Bank spring meetings in Washington,...

  • LONDON, April 14- The Bank of England warned that a British exit from the European Union would create extended uncertainty and likely hurt the economy in the short run, minutes from their latest policy meeting showed on Thursday. This was the strongest warning yet from the body that sets British interest rates and comes two days after the International Monetary...

  • WASHINGTON, April 13- Negative interest rates are a "net positive" for economies where they are deployed, but there are limits to how low they can go, the International Monetary Fund's monetary and capital markets chief said on Wednesday. Jose Vinals told a news conference that banks may see some short-term reductions in profitability, but will benefit from...

  • WASHINGTON, April 13- World financial markets have calmed after turmoil earlier this year, but more needs to be done to ensure global financial stability amid slowing growth, weak commodity prices and worries about China's economy, the International Monetary Fund warned on Wednesday. Worries about China's growth slowdown and transition to a more...

  • MOSCOW, April 13- The International Monetary Fund issued new forecast for gross domestic product and consumer price index late on Tuesday for Russia and the Commonwealth of Independent States. Below are the Fund's estimates:. GDP CPI 2016 2017 2016 2017 CIS -1.1 1.3 9.4 7.4 Russia -1.8 0.8 8.4 6.5 Armenia 1.9 2.5 2.6 4.0 Azerbaijan -3.0 1.0 12.8 9.5 Belarus -2.7...