• Latvia Takes over Second Largest Bank Sunday, 9 Nov 2008 | 8:16 AM ET
    Map of Europe

    The Latvian government announced on Saturday the surprise takeover of the country's second largest bank, Parex, as the global financial crisis hit the small Baltic state where economic growth has fallen sharply.

  • IMF Agrees to Lend Pakistan $9 Billion Thursday, 30 Oct 2008 | 11:03 PM ET

    The International Monetary Fund has agreed to lend Pakistan $9 billion, a source familiar with the negotiations told CNBC. There will also be another meeting in November to negotiate for more aid with Gulf countries.

  • Ukraine PM Risks Losing IMF Credit: PM's Aide Monday, 27 Oct 2008 | 1:40 PM ET

    An aide to Ukraine's president said on Monday that Prime Minister Yulia Tymoshenko risked losing an IMF credit by attaching conditions to the adoption by parliament of financial measures required for the loan.

  • Pakistan Will Ask for $10 Billion from IMF Monday, 20 Oct 2008 | 6:01 AM ET

    The Pakistani government will ask for $10 billion from the International Monetary Fund on Monday, CNBC has learned.

  • IMF Chief Probed over Ties with Co-Worker Sunday, 19 Oct 2008 | 12:51 PM ET

    The International Monetary Fund has launched a probe into allegations of improper behavior in relation with a subordinate by its chief, Dominique Strauss-Kahn.

  • Pakistan Asks for $10 Billion from IMF Saturday, 18 Oct 2008 | 7:30 AM ET

    The Pakistani government will ask for $10 billion from the International Monetary Fund on Monday, CNBC has learned.

  • Today's Top Videos: Bernanke, Hedge Funds & More... Tuesday, 7 Oct 2008 | 8:45 PM ET

    The first deputy managing director of the IMF says that several advanced economies are close to a mild recession, while an economist predicts that over a 1000 hedge funds will close this year. Following are today's top videos:

  • Several Economies 'Close to Mild Recession': IMF Tuesday, 7 Oct 2008 | 2:54 PM ET

    John Lipsky, first deputy managing director of the International Monetary Fund, told CNBC that advanced economies are “either in, or very close to a mild recession.”

  • Former Finance Ministers Speak Their Minds at Summit Tuesday, 9 Sep 2008 | 2:29 PM ET

    Global financial leaders convened at an economic summit held at the University of Virginia to discuss the world's economic concerns. The conference tried to design a blueprint for how to solve some shared economic problems, such as the subprime mortgage crisis and rising fuel and food costs.

  • Breaking Story: Merrill Lynch Buyback Thursday, 7 Aug 2008 | 10:43 PM ET

    Melissa Lee reports a breaking story linked to Citi's settlement and buyback of auction rate securities during tonight's "Fast Money." In an after-hours announcement, another Wall Street giant, Merrill Lynch, stated it too would buy back auction rate securities from its retail clients, who currently hold $12B of those questionable securities.

  • Oil Price Deepens Pain, Producers Dodge the Blame Monday, 21 Apr 2008 | 11:43 AM ET

    Record high oil prices have deepened economic pain and even energy producers have begun to fret, but at talks with their customers in Rome they blamed the U.S. dollar and said they could not halt the rally.

  • Paulson: Food Price Controls Won't Work Sunday, 13 Apr 2008 | 5:01 PM ET
    Henry Paulson

    Treasury Secretary Henry Paulson warned on Sunday that governments should resist temptation to try to control soaring food costs through price controls, which he said would likely make the situation worse.

  • Finance Chiefs Urge IMF To Sharpen Crisis Radar Saturday, 12 Apr 2008 | 7:45 PM ET
    Washington D.C.

    Financial leaders on Saturday urged the International Monetary Fund to sharpen its oversight of the global economy, which is burdened by surging food prices and a credit crisis that shows no end in sight.

  • Paulson Urging Diligent IMF Forex Surveillance Saturday, 12 Apr 2008 | 9:53 AM ET
    Henry Paulson

    The International Monetary Fund should sharpen its focus on currency exchange rate surveillance, challenges posed by sovereign wealth funds and supporting global financial market stability, Treasury Secretary Henry Paulson said on Saturday.

  • G7 Leaders May Demand Overhaul of Bank Model Saturday, 5 Apr 2008 | 1:13 PM ET

    1st paragraph of story should go here

  • Risk of US Contagion is Very High: IMF Monday, 17 Mar 2008 | 9:20 AM ET

    The global economic outlook is worsening and the risk of contagion from a financial markets crisis that began in the United States is now very high, IMF chief Dominique Strauss-Kahn said on Monday.

  • IMF Head Sees China Economy Up 10%, Urges Yuan Rise Thursday, 14 Feb 2008 | 11:27 PM ET

    China's economy is likely to grow around 10 percent this year despite a global slowdown stemming from the U.S. subprime mortgage crisis, Dominique Strauss-Kahn, managing director of the International Monetary Fund, said on Friday.

  • Earnings Forecasts (Reliability) Worry Traders Monday, 11 Feb 2008 | 9:11 AM ET

    Want an illustration of why traders are nervous about how stable earnings forecasts are? New York State Governor Eliot Spitzer is lowering projections for tax revenue by $384 million, only three weeks after presenting his budget!

  • New IMF Chief Plans Job Cuts of Up to 15%: WSJ Friday, 7 Dec 2007 | 3:37 AM ET

    The new head of the International Monetary Fund plans to cut up to 15 percent of the organization's staff in an attempt to stabilize the fund's finances as demand for its loans drops, the Wall Street Journal reported on Friday.

  • New IMF Chief Has Work Cut Out, Predecessor Says Sunday, 30 Sep 2007 | 2:23 PM ET

    The new head of the International Monetary Fund will "have his work cut out" due to the global credit crunch, one of his predecessors said on Saturday.