IMF - Page 3

IMF boss Christine Lagarde was in a Paris court on Monday for the start of her trial for negligence over a state payout to a tycoon made while she was French finance minister.

Although Donald Trump’s election was shocking to the Mexican government, President Enrique Pena Nieto was one of first world leaders to congratulate President-elect Trump and seems ready to negotiate a new economic deal to prevent a trade war.

Contents: Egypt, in economic crisis, sharply devalues currency in order to get an IMF loan; Egypt’s government says that ‘the luxury of delay is not available’

The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”

THESSALONIKI, Greece (Reuters) – A rift between the International Monetary Fund and the European Union on how to address Greece’s debt crisis is damaging for the country, Prime Minister Alexis Tsipras said on Sunday.

Italy’s Prime Minister Matteo Renzi of the Democratic Party (PD), still reeling from a series of recent mayoral losses to the populist Five Star Movement, is now facing the biggest challenge in his political career: a major bank crisis from accumulated bad debt.

Britain will grow at a faster rate than Germany and France, the International Monetary Fund (IMF) has said – just weeks after it claimed a vote for Brexit would be an economic disaster. Despite previously claiming that leaving the European

Contents: China demands new Taiwan leader explicitly affirm that Taiwan is part of China; IMF balks at new European bailout plan for Greece

Voters yet to make up their minds on the European Union (EU) referendum question are twice as likely to cite immigration as their main concern than the economy, a poll has found. The results could explain why the Leave campaign

Brexit campaigners have accused the International Monetary Fund (IMF) of trying to “bully” British voters into voting Remain in the June referendum on continued membership of the European Union (EU). The timing of a crucial report due to be published by

The German government is blocking a Greek bailout in fear of being democratically replaced by the populist, Eurosceptic Alternative for Germany (AfD) Party. In “AfD is the major hurdle in the Greek bailout”, Die Welt’s deputy economics editor, Jan Dams, has

The International Monetary Fund (IMF) released a report Wednesday finding that annual cost of bribes paid in both developing countries and advanced economies amounts to $1.5 to $2 trillion globally.

UK Independence Party (UKIP) leader Nigel Farage has blasted back against the International Monetary Fund (IMF) claims today that Britain leaving the European Union would cause a major global economic downturn. Speaking to the BBC this afternoon, Mr. Farage said:

FRANKFURT, Germany (AP) — The head of the International Monetary Fund is warning that the global economy is losing momentum and urging governments to take action to preserve the recovery. Christine Lagarde said in a speech Tuesday in Frankfurt, Germany,

International Monetary Fund chief Christine Lagarde on Sunday told Greek Prime Minister Alexis Tsipras that “we are still a good distance away” in negotiations for a new deal for hard-up Athens. Her strongly worded letter to the prime minister, made

Greece on Saturday demanded “explanations” from the International Monetary Fund after Wikileaks said the lender sought a crisis “event” to push the indebted nation into concluding talks over its reforms. IMF officials, in an internal discussion, allegedly voiced exasperation with

(AFP) – Eurozone finance ministers met Monday to defuse a bitter rift between top EU and IMF officials over how strictly to hold Greece to the ambitious reform commitments made as part of its bailout. The eurozone 19 ministers are

Israel, Cyprus and Greece have agreed to deepen their energy, security and tourism ties in the Eastern Mediterranean, a deal that may have implications for Israel’s testy relationship with the European Union, too. The agreement, signed in Nicosia last week

A French court has ordered Christine Lagarde, the head of the International Monetary Fund (IMF), to face trial over her role in a payout of some 400 million euros ($434 million) to businessman Bernard Tapie, her lawyer said on Thursday.

IMF funds are no longer necessary for an international bailout of Greece due to reduced loan requirements and the Washington-based lender’s “unconstructive” position, the country’s prime minister argued Monday. “I have the impression that IMF funding is not necessary” for

In approving the Chinese yuan as a 10.92 percent participant as a reserve currency in the global basket, the International Monetary Fund (IMF) warned that China’s inclusion could push up interest rates.

The first political shock following the Paris bombings is the Argentine presidential election of conservative Mauricio Macri over the Peronist/Marxist ruling regime.

The IMF just confirmed Breitbart News’ October 5 warning that Saudi Arabia’s cash reserves are in free-fall, with a new estimate that the world’s richest kingdom may be bankrupt by 2020.

Contents: Russia dramatically escalates Syria war launching cruise missiles from Caspian Sea; Russian Orthodox Church declares a ‘Holy War’ in Syria; Russia’s ‘Holy War’ in Syria declaration sparks calls for jihad; IMF warns of significant danger of global financial crash

HELSINKI (Reuters) – Greece will be a headache for the euro zone for decades, Finland’s eurosceptic foreign minister said, and called for the International Monetary Fund to participate in the Greece’s new bailout package. “Unfortunately, this problem will be in

The Greek stock market was shut down five weeks ago, as the nation spiraled into an economic and political crisis, facing its final debt showdown with European creditors. The market just concluded its first day of trading since the shutdown, and the outlook is grim: the market lost 16.2 percent of its value on the first day back in business.

BRUSSELS/FRANKFURT, July 27 (Reuters) – The International Monetary Fund warned on Monday that the euro zone’s prospects were modest and that more money printing than planned may be needed. Contrasting the IMF’s relative gloom, however, German think tank Ifo reported improving

Contents: Burundi’s president Nkurunziza continues to provoke Hutu-Tutsi tensions; Greece’s Tsipras lashes out at his own party as new vote approaches; Where will Greece’s 86 billion euro bailout come from?

Contents: China reacts harshly to Japan’s plans for ‘collective self-defense’; European officials prepare to negotiate Greece’s next bailout

Despite endless promises to the contrary, British money will be used to help rescue Greece in a bid to keep the Euro currency alive. Almost £850 million of British taxpayers’ money is to be handed over after Brussels decided that a

Contents: ISIS-linked terrorists sink Egyptian navy ship; Attack on Egypt’s navy boat comes amid plans for Suez Canal expansion; Both Greece and Germany in political disarray after IMF bailout statement

Police faced massive riots in Greece on Wednesday night as Parliament accepted the terms of a debt deal significantly more stringent than that rejected via referendum on July 5. Mass arrests of nationals from Australia, Ukraine, France, and Italy– but not Greece– occurred.

Contents: Greece approves harsh reforms as IMF throws Europe under the bus; Japan’s Shinzo Abe pushes ‘collective defense’ bill for vote; Mexico’s first ‘historic’ attempt to re-privatize oil industry flops

There has been trouble brewing between the International Monetary Fund and the European Union about the vast debts Greece owes to both of them, but rhetorical shots were finally fired on Wednesday, as the IMF offered stiff criticism of the EU’s bailout deal with Greece.

Following a referendum in which the Greek people largely rejected a debt deal with the EU and IMF requiring further austerity measures, Greek Prime Minister Alexis Tsipras has been cornered into selling the Greek Parliament an agreement even stricter than the one the referendum rejected. In doing so, he faces the herculean challenge of proving his new demand is not a complete about-face for him or his leftist party.

A leaked IMF study of the Greek debt crisis, ignored by creditors at the weekend, warns Greece may need a 30 year moratorium to pay off European debt, including new loans, and a dramatic extension on the maturity of its debts. The