Despite invoking Ronald Reagan's rhetoric, the public isn't buying Obama's economic renewal.» Read More
LONDON, Oct 1- Capping bankers' bonuses will not cut risk in the financial system, the International Monetary Fund said on Wednesday, offering Britain moral support in its legal challenge to EU curbs on pay in the financial sector. The European Union has gone further, capping banker bonuses at twice fixed salary.
MOSCOW, Oct 1- The International Monetary Fund halved its forecast for Russia's 2015 gross domestic product to 0.5 percent on Wednesday, saying that international tensions had created downside risks to its estimates.
MOSCOW, Oct 1- The International Monetary Fund halved its growth forecast for Russia for 2015 to 0.5 percent in gross domestic product terms on Wednesday, saying that uncertainty over geopolitical tensions brought downside risks to its estimates.
IMF MISSION HEAD SAYS INTRODUCTION OF CAPITAL CONTROLS WOULD NOT HELP RUSSIA, AGREES WITH CENTRAL BANK STANCE AGAINST THE MEASURE.
IMF MISSION HEAD SAYS RUSSIA NEEDS TIGHTER MONETARY POLICY TO REDUCE INFLATION.
IMF MISSION HEAD SAYS 2014 INFLATION TO REACH MORE THAN 8 PCT, KEEPS CAPITAL OUTFLOW FORECAST AT $100 BLN FOR THIS YEAR.
RUSSIA IMF MISSION HEAD SPILIMBERGO SAYS IMF CUTS RUSSIA'S 2015 GDP FORECAST TO 0.5 PCT FROM EARLIER 1.0 PCT, RISKS ARE TILTED TO DOWNSIDE.
A “poisonous combination” of low economic growth and high debt could catapult the world into its next crisis, led by China.
CAMBRIDGE, Mass., Sept 26- Ghana President John Dramani Mahama said on Friday that a deal his country is hashing out with the International Monetary Fund could help it by improving its image with foreign investors. So we are looking at this IMF program, "Mahama told an audience at Harvard University in Cambridge, Massachusetts.
WASHINGTON— The International Monetary Fund has approved $130 million in emergency aid to Guinea, Liberia and Sierra Leone to help these West African countries respond to the Ebola outbreak.
BAMAKO, Mali— Auditors from the International Monetary Fund say they are satisfied Mali is taking steps to correct financial irregularities and loans to the country could resume soon.
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilise its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
*IMF agreed $553 mln loan to Yemen based on reform pledges. DUBAI, Sept 25- Yemen will destabilize its economy if it delays reforms such as cuts to energy subsidies, the International Monetary Fund said in a report released after the government rolled back some fuel price rises in the face of political unrest.
*Big infrastructure projects pushing up spending. DUBAI, Sept 24- Saudi Arabia's state finances could fall into the red next year and the country could start running down its huge foreign reserves if it does not rein in the growth of government spending, the International Monetary Fund said.
MANILA, Sept 24- China has many tools to keep growth well above 7 percent next year, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
MANILA, Sept 24- China's economy will likely grow faster than previously thought in 2015, the International Monetary Fund said on Wednesday, downplaying the risks of the cooling property market in the world's second-largest economy.
IMF SAYS EXPECTS GROWTH IN CHINA TO BE "WELL-ABOVE" 7 PERCENT IN 2015.
BERLIN, Sept 22- The euro zone should have its own single representation at the International Monetary Fund, the European Central Bank's chief economist said on Monday, a call which may encounter resistance around the bloc.
*Athens building its own funding buffer- Greek finmin. Athens is anticipating further debt relief measures from its euro zone partners and the International Monetary Fund later this year after managing to shore up its finances and post a budget surplus before interest payments.
*Lender to halt a 67 million euro tranche for Bosnia. SARAJEVO, Sept 19- The International Monetary Fund will hold off on disbursing the next tranche of Bosnia's aid programme until the Balkan country implements agreed economic policies, most likely after the October election, a senior IMF official said on Friday.