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Ukraine Russia war
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IMF approves a €3 billion bailout plan for bankrupt Sri Lanka
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the global conversation
Can Europe stay united? That is the key question, says IMF's chief
"Just to give you a sense of how significant the hit on Europe is, our pre-pandemic projections and our current projections differ by half a trillion euros", says the IMF's managing director Kristalina Georgieva.
Half of eurozone countries heading for recession, IMF chief predicts
"The loss to the European people is quite, quite dramatic," Kristalina Georgieva told Euronews.
Projections of economic stagnation are cause for worry, expert says
"There is no doubt that we are still in a crisis situation," Vicky Pryce, Chief Economic Advisor at the Centre for Economics and Business Research in the UK, told Euronews.
'The worst is yet to come': IMF cuts global & euro area growth outlook
Overall, the global economy should grow by 2.7%, down 0.2% compared to the previous forecast.
UK PM Truss defends tax-cutting budget despite market turmoil
The Bank of England made an emergency intervention on Wednesday after warning of a "material risk to UK financial stability".
Is the global economy sliding into recession and what could it mean?
Escalating inflation, the war in Ukraine and low consumer confidence are spelling headwinds for the global economy.
Greece 'turning a page' as it exits enhanced surveillance programme
It comes 12 years after requiring an international bailout.
Inflation explained: Your guide to what it is and how to deal with it
What is inflation, where does it come from and how to handle its fluctuation? Here’s everything you need to know about it.
Seven key developments to know about the Ukraine war this weekend
From Russian bombardment escalating across Ukraine to the burial of a four-year-old victim of the Vinnytsia missile attack, here are some of the latest developments in the Ukraine war this weekend.
Demonstrators dressed as animals flock to the IMF
Avaaz activists dressed as animals and trees flocked to the 2022 IMF Spring Meetings to demand that biodiversity criteria be included in the new Resilience and Sustainability Trust (RST) on Thursday, April 21, in Washington D.C.
Could Russia's frozen assets cover the rebuilding of war-torn Ukraine?
Financial aid sent by the US and Europe is "only the beginning of what Ukraine will need to rebuild," US Treasury Secretary Janet Yellen has warned.
Greece repays IMF bailout debt two years ahead of schedule
Three successive bailouts totalling some €260 billion between 2010 and 2018 prevented Greece from going bankrupt.
IMF urges El Salvador to drop Bitcoin as legal tender
El Salvador became the first country in the world to adopt Bitcoin as legal tender, but the International Monetary Fund is not a fan.
the global conversation
IMF issues austerity warning to Europe
International Monetary Fund managing director Kristalina Georgieva praises EU's recovery efforts and warns against "the suffocating force of austerity".
COVID-19 recovery marked by inequality between rich and poor countries
Officials say a two-tier speed of pandemic recovery is developing between rich and poor countries and more money is needed to tackle the problem.
European economic recovery: IMF outlook shows gradual growth
With an increase in vaccination rates, more mobility, and support schemes, Europe's economic recovery is growing stronger despite uncertainty, according to the International Monetary Fund (IMF).
IMF reduces global growth forecast amid inflation and supply problems
In its latest World Economic Outlook, the IMF projects that global output will increase by 5.9% this year, compared with its projection in July of 6%.
IMF's board approves allowing Georgieva to remain as head
The International Monetary Fund expressed “full confidence” in its managing director on Tuesday in response to allegations that World Bank staff were pressured to change business rankings for China in an effort to placate Beijing.
Taliban 'step up' search for Afghans who worked for US
The Taliban have been conducting "targeted door-to-door visits" of individuals they want to apprehend and their family members, a UN report says, despite their promise not to seek revenge on opponents.
DRC: a new narrative emerges
There is a breath of fresh air in the Democratic Republic of the Congo. After not receiving any significant foreign economic support for over nine years, the country has just finalised a new economic programme with the International Monetary Fund (IMF).