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International Organizations IMF

  • CEO Joe Kaeser gestures during the annual results press conference on November 9, 2017 in Munich, Germany.

    President Donald Trump deserved to be congratulated for the recent changes to the U.S. tax system, according to Siemens CEO Joe Kaeser.

  • President Donald Trump's tax reform will help boost U.S. growth in the short term but may have negative consequences such as on the deficit and debt in the medium term, International Monetary Fund chief Christine Lagarde said. It will be in a way positive, especially in the short term, "Lagarde told France 2 television on Thursday. If that is the case, that would mean...

  • SARAJEVO, Feb 13- The IMF said on Tuesday it had cut Bosnia's 2018 economic growth forecast to 3.2 percent from 3.5 percent previously, citing downside risks from domestic politics even as macroeconomic conditions remained stable. In a report, the International Monetary Fund said Bosnia should press on with economic and financial reforms to boost growth...

  • In a report, the International Monetary Fund said Bosnia should press on with economic and financial reforms to boost growth needed to create badly-needed jobs and achieve income convergence with the European Union that it aspires to join.

  • LONDON, Feb 13- The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday. The Paris- based IEA raised its forecast for oil demand growth in 2018 to 1.4 million barrels per day, from a previous projection of 1.3 million bpd, after the International Monetary Fund upped its...

  • LONDON, Feb 13- The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday. The Paris- based IEA raised its forecast for oil demand growth in 2018 to 1.4 million barrels per day, from a previous forecast of 1.3 million bpd, after the International Monetary Fund in January...

  • DUBAI, Feb 11- Sharp swings in global financial markets in the past few days are not worrying since economic growth is strong but reforms are still needed to avert future crises, the managing director of the International Monetary Fund said on Sunday. Christine Lagarde, speaking at a conference on global business and social trends in Dubai, said economies were...

  • DUBAI, Feb 11- Sharp fluctuations in global equity markets and other markets in the past few days are not worrying, as global economic growth is strong and available financing is ample, International Monetary Fund managing director Christine Lagarde said on Sunday. But Lagarde, speaking at a Dubai conference on global business and social trends, also said...

  • German Chancellor Angela Merkel speaks at the headquarters of SPD for preliminary coalition talks on January 7, 2017.

    Germany's trade surplus last year fell for the first time since 2009, data showed on Thursday, in a further sign that vibrant domestic demand is sucking in more imports.

  • BERLIN, Feb 8- Germany's trade surplus last year fell for the first time since 2009, data showed on Thursday, in a further sign that vibrant domestic demand is sucking in more imports and slowly re-balancing the country's export-oriented economy. International Monetary Fund chief Christine Lagarde has also urged Germany to increase domestic spending and...

  • BEIJING, Feb 7- Central banks should consider using digital currencies in cross-border payments that could cut transaction time and costs, researchers at the Chinese Academy of Social Sciences, a top government think tank, said in a report. The report proposed three types of digital payments systems: one led by the International Monetary Fund, a second led by...

  • WASHINGTON, Feb 6- World economic fundamentals are strong, despite recent stock market turmoil, with more trade, more investment and faster-than-expected growth in major economies, International Monetary Fund Chief Economist Maurice Obstfeld said on Tuesday. "Right now in the last few days we've seen some market turbulence around the world, but the...

  • ULAANBAATAR, Feb 6- Mongolia is on course to receive another tranche of a bailout package agreed last year after progress in its economic recovery was praised by the International Monetary Fund on Tuesday. The IMF said in a notice that it has completed its third assessment of Mongolia's $434 million three-year Extended Fund Facility, part of a quarterly review...

  • A skyline view of Cairo, Egypt

    Arab nations are already beginning to reap the benefits of ongoing economic reform packages, the IMF said Monday.

  • *Morocco launched more flexible forex system 2 years ago. MARRAKECH, Morocco, Jan 29- Morocco's new, more flexible hard currency system is a step in the right direction to make the kingdom more attractive to investment and turn it into a financial hub for Africa, a senior IMF official said on Monday. "It allows Morocco to be... more attractive for investors and to play its...

  • KIEV, Jan 25- The Ukrainian central bank unexpectedly raised its key rate for a third time on Thursday and said the $17.5 billion International Monetary Fund programme and future cooperation with the Fund remained vital for economic stability. Acting central bank governor Yakiv Smoliy said it was vital Ukraine continued working with the Fund as it faces...

  • KIEV, Jan 25- The Ukrainian central bank plans to initiate talks with the International Monetary Fund on a new loans programme as Ukraine faces high foreign debt payments in 2018-2020, the acting head of the regulator, Yakiv Smoliy, said on Thursday. "The current programme ends in the first quarter of 2019. We have not yet started talks but we're already thinking...

  • KIEV, Jan 25- The Ukrainian central bank plans to initiate talks with the International Monetary Fund on a new loans program as Ukraine faces high foreign debt payments in 2018-2020, the acting head of the regulator, Yakiv Smoliy, said on Thursday. "The current program ends in the first quarter of 2019. We have not yet started talks but we're already thinking about...

  • Jacob Frenkel, chairman of JPMorgan Chase International

    Excess global debt is a major concern for J.P. Morgan's international chairman.

  • WASHINGTON, Jan 23- IMF chief Christine Lagarde said on Tuesday she had met with South African Deputy President Cyril Ramaphosa on the sidelines of the World Economic Forum in Davos and agreed that structural challenges were a burden to economic growth in Africa's largest economy. Their meeting comes a day after the International Monetary Fund cut South...