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International Organizations IMF

  • WASHINGTON, Oct 13- The International Monetary Fund strongly supports the European Central Bank's recent proposal to increase provision requirements for new non-performing loans, IMF European Department chief Poul Thomsen said on Friday. The ECB recently proposed requiring lenders to increase loan loss provisions on newly classified non-performing,...

  • Christine Lagarde

    It's time for the world's central banks and regulators to get serious about digital currencies, according to the head of the IMF.

  • One analyst said JPMorgan Chase and Citigroup failed to deliver on some fundamental fronts: loan growth, loan quality and margins.

  • WASHINGTON— The head of the International Monetary Fund said Thursday that a number of threats could derail the global economic recovery, despite signs that 2017 will be the best year for global growth since 2010.. Lagarde's warning comes as global financial leaders gathered in Washington for the annual meetings of the IMF and its sister lending...

  • World Bank President Kim: Growth from emerging markets can continue

    Jim Yong Kim, World Bank Group president, provides insight to the global economy, emerging markets and trade deals. Also President Kim talks about providing funds for women entrepreneurs, especially in developing countries, and infrastructure investments.

  • Ralph Hamers, chief executive officer of ING Groep NV, gestures while speaking at the Handelsblatt banking summit in Frankfurt, Germany, on Wednesday, Sept. 6, 2017. Deutsche Bank Chief Executive Officer John Cryan called for an end to the era of cheap money in Europe, saying that the prolonged period of rock-bottom interest rates is starting to inflate asset bubbles and putting the bank at a disadvantage to U.S. rivals.

    The CEO of a major European bank offered a stark warning for his industry on Thursday, suggesting that years of accommodative policy by global central banks could quickly turn sour.

  • KIEV, Oct 12- Ukrainian Prime Minister Volodymyr Groysman on Thursday said he saw no reason to increase gas prices according to a formula agreed with the International Monetary Fund. Market-determined gas pricing and an overhaul of the pensions system are among conditions Ukraine was expected to meet to qualify for a long-delayed next loan tranche under its...

  • U.S. President Donald Trump (R) welcomes Chinese President Xi Jinping (L) to the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

    Trump's protectionism will see the U.S. become more isolated, while Washington-based World Bank and IMF could lose relevance.

  • MELBOURNE, Oct 12- London copper inched to its highest in more than a month on Thursday, underpinned by steady demand and a weaker dollar after the Federal Reserve showed a guarded view towards inflation. The International Monetary Fund this week underlined a rosier outlook for industrial metals use when it said a broad-based global economic upswing will...

  • Lending restrictions imposed by the U.S.-led IMF and World Bank could see China-led financial institutions exert greater sway in the international community, says Scott Morris of the Center for Global Development.

  • WASHINGTON, Oct 11- Countries around the world are suffering the consequences of rising internal inequality and should seriously consider redistributing wealth through tax policies and transfers, the International Monetary Fund said on Wednesday. While overall global inequality has fallen in recent decades because of the economic rise of countries...

  • WASHINGTON, Oct 11- The global economic recovery has strengthened financial stability but easy monetary and financial conditions against a backdrop of sluggish inflation is elevating medium-term risks, the International Monetary Fund said on Wednesday. The IMF, whose autumn meetings with the World Bank get under way in Washington later this week, also...

  • LONDON, Oct 11- British finance minister Philip Hammond said on Wednesday that a "cloud of uncertainty" about Brexit was hanging over the country's economy and needed to be cleared as quickly as possible. "My general view of our economy is that it is fundamentally robust. The International Monetary Fund kept its growth forecasts for Britain on hold on Tuesday even...

  • CAIRO, Oct 10- Egypt's economy is projected to grow 4.5 percent in the fiscal year 2017/ 18, the International Monetary Fund's World Economic Outlook report showed on Tuesday, below government projections of 5-5.25 percent. Egypt's average consumer price inflation for 2017/ 18 is projected at 21.3 percent, according to the report. IMF Mission Chief for Egypt,...

  • The International Monetary Fund on Tuesday raised its forecast for global growth to 3.6 percent this year and 3.7 percent in 2018. The United States, the 19- country eurozone, Japan and China are all forecast to grow faster this year. IMF chief economist Maurice Obstfeld said the sunnier outlook for the United States— 2.2 growth this year versus 1.5 percent in...

  • WASHINGTON, Oct 10- The current broad-based global economic upswing will likely be sustained this year and next, the International Monetary Fund said on Tuesday, with gains in most of the world offsetting sluggish outcomes in the United States, Britain and India. Forecasts for euro zone, Japan, China, emerging market Europe and Russia were all revised upwards.

  • *Policymakers meet in Washington for annual meetings. *Germany hands over G20 presidency to Argentina. Policymakers from around the world will gather in Washington this week for the IMF and World Bank annual meetings.

  • Mercedes Vera Martin, head of an IMF mission visiting Georgia, said that the IMF had also agreed in principal to release the second tranche, or $42.3 million, of the fund's three-year $285 million loan programme for Georgia. Georgia, a major conduit for carrying Caspian oil and gas to Europe, is recovering from falling exports and a plunge in the currencies of its...

  • BERLIN, Oct 9- The International Monetary Fund is likely to nudge up its growth forecast for the global economy in its World Economic Outlook due on Tuesday, a senior German government official said. The official said on Monday that a meeting of economic policymakers in Washington for this week's IMF and World Bank annual meetings was a good opportunity to look...

  • **LUXEMBOURG- ECB President Mario Draghi and board member Benoit Coeure participate in Eurogroup meeting in Luxembourg. TUESDAY, OCTOBER 10 WASHINGTON- Bank of Canada Senior Deputy Governor Carolyn A Wilkins will give panel remarks at International Monetary Fund, Washington- 1800 GMT. CALIFORNIA, United States- Federal Reserve Bank of Dallas President Robert...