The IMF has been credited with alleviating past financial crises - but has the IGO been helpful this time around?
Members of the euro zone are suffering from a severe bout of buyers’ remorse. Many would like to disassemble the kit they bought almost 20 years ago and put together in the late 1990s and 2000s. The FT reports.
The IMF has thus far played a supporting role to the European Union in tackling the sovereign debt crisis; some analysts say that needs to change—starting this week.
The International Monetary Fund (IMF) warned global economic recovery would be “weak and bumpy” and said the global economy was slowing on Tuesday, as it slashed its growth forecast to 4 percent for both 2011 and 2012.
China can do little in the short run to bail out the struggling U.S. and European economies, International Monetary Fund senior adviser Jorg Decressin told CNBC Tuesday. But that could change in four or five years.
Details behind the IMF's move to downgrade its U.S. economic outlook and with Jorg Decressin, IMF Research Department senior advisor
Is the global economy in a "dangerous new phase"? CNBC's Steve Liesman has the details on a lower forecast for global growth.
Raghavan Seetharaman, CEO, Doha Bank, wears a tuxedo to work every day and is on Squawk to discuss concerns over the Greek crisis. He says the larger interests in the EU have to come together politically and deal with the problem. He adds there's real opportunity in the emerging markets.
As his former colleagues at the International Monetary Fund gather this week, the scandal surrounding Dominique Strauss-Kahn will be a specter in the background.
Greece's finance minister concluded an emergency teleconference with creditors Monday, hours after pledging to speed up reforms and civil-service staff cuts. The talks will resume Tuesday evening, the European Commission said.
The euro crisis is now at a dangerous turn. While it is difficult to forecast the future of the zone, it is possible to list the conditions that are required for the sustained solvency of Greece and the euro zone overall.
Over the 100 years from 1950 to 2050, this decade will be seen as the "inflection decade" as both the developed and emerging economies make radical changes to adapt to a more dominant Asia, Anil Gupta, professor of strategy at University of Maryland told CNBC Monday.
The former IMF chief admitted to a “moral failing” but denied he had sexually assaulted a New York hotel maid in a widely-anticipated interview on French television.
In the new book, the authors examine past attempts to re-establish sustainable public finances - what works, what doesn't and why.
The recession call is not conclusive. I’m the first to admit it. And my optimistic instincts rebel against the downturn scenario. But facts are facts. They must be reported. And the numbers aren’t good.
German Chancellor Angela Merkel and French President Nicolas Sarkozy have both said that Greece will not leave the euro, but the "unthinkable" is now being seriously considered at all levels.
Greece will remain in the Eurozone, says the IMF's managing director Christine Lagarde. CNBC's Maria Bartiromo spoke with the organization's managing director, who is not backing away from her comments that the Eurozone banks will need to raise capital.
The arm-in-arm effort by central bankers to increase U.S. dollar liquidity in Europe is essentially a band-aid solution, and the euro is already backing off its gains.
France, Germany, and other euro zone countries want Greece to remain in the monetary union, "but there will be a price," Christine Lagarde, managing director of the International Monetary Fund (IMF), told CNBC Thursday.
Europe's debt crisis has worsened and the world economy has entered into a dangerous new zone, says Christine LaGarde, IMF managing director. CNBC's Maria Bartiromo asks LaGarde why she is focusing on short-term measures.