Markets Oil falls on fears of global recession, China Covid flare-up LONDON: Oil prices fell about 2% on Tuesday, extending the previous session’s almost 2% decline, as recession ... Published 12 Oct, 2022 05:46am
Print World Bank, IMF see rising risks of global recession WASHINGTON: World Bank President David Malpass and International Monetary Fund Managing Director Kristalina ... Updated 11 Oct, 2022 10:00am
World IMF's Georgieva sees 'darkening' outlook for global economy, rising recession risks WASHINGTON: The International Monetary Fund (IMF) will next week downgrade its forecast for 2.9% global growth in... Updated 07 Oct, 2022 01:25am
Print Food crisis: IMF says up to 20 states could require emergency assistance RIYADH: The International Monetary Fund said on Monday that up to 20 countries, many in Africa, could need emergency... Updated 04 Oct, 2022 09:36am
World IMF says up to 20 countries could require emergency assistance to ease food crisis RIYADH: The International Monetary Fund said on Monday that up to 20 countries, many in Africa, could need emergency... Published 03 Oct, 2022 09:27pm
Business & Finance Harsh winter could lead to social unrest in Europe: IMF WASHINGTON: A harsh winter could lead to social unrest in Europe, where Russia’s invasion of Ukraine has already... Published 15 Sep, 2022 05:57am
World Zambia debt relief pledge clears way for $1.4bn program, says IMF JAKARTA/LONDON: Zambia’s creditors pledged to negotiate a restructuring of the country’s debts on Saturday, a move... Published 30 Jul, 2022 07:14pm
Business & Finance IMF hopes to complete Sri Lanka aid talks ‘as quickly as possible’: Nikkei The International Monetary Fund hopes to complete rescue talks with Sri Lanka “as quickly as possible,” Nikkei Asia... Published 20 Jul, 2022 02:21pm
Editorials Bracing for ‘a tough 2022’ EDITORIAL: The International Monetary Fund (IMF) has also joined the chorus of warnings against an imminent global... Published 17 Jul, 2022 05:19am
World IMF chief sees 'exceptionally uncertain' global outlook, deteriorating debt situation NUSA DUA: IMF chief Kristalina Georgieva on Saturday warned officials from the Group of 20 major economies to take... Updated 17 Jul, 2022 10:07am
Print Global economy: IMF says outlook has ‘darkened significantly’ Says Russia’s war in Ukraine, rapid inflation threatening hunger and poverty Updated 14 Jul, 2022 10:15am
World Global economic outlook has 'darkened significantly': IMF WASHINGTON: The global economic outlook has "darkened significantly" and could deteriorate further, the IMF's... Published 14 Jul, 2022 12:16am
Business & Finance IMF chief says ‘cannot rule out’ possible global recession LONDON: The head of the International Monetary Fund (IMF) on Wednesday said the outlook for the global economy had... Updated 07 Jul, 2022 11:15am
World Economic outlook has ‘darkened’, business and government leaders warn in Davos DAVOS: Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos... Published 23 May, 2022 09:27pm
World IMF's Georgieva says finance leaders must prepare for more inflation shocks KOENIGSWINTER: International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that global... Published 19 May, 2022 09:50pm
World IMF’s Georgieva says China should stimulate consumption as lockdowns mount WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that China should... Published 20 Apr, 2022 07:21pm
Business & Finance Russian default no longer 'improbable', but no trigger for global financial crisis: IMF WASHINGTON: Russia may default on its debts in the wake of unprecedented sanctions over its invasion of Ukraine, but... Published 13 Mar, 2022 10:01pm
Print IMF says war to lower global growth forecast WASHINGTON: The war in Ukraine and massive sanctions against Russia have triggered a contraction in global trade,... Updated 12 Mar, 2022 09:47am
World IMF, World Bank chiefs warn of global impacts from Ukraine war WASHINGTON: The leaders of the World Bank and IMF signaled Thursday they were ready to help Ukraine, while warning... Published 25 Feb, 2022 12:42am
World IMF chief urges G20 to move faster on debt relief We estimate that about 60 percent of low-income countries are in or at high risk of debt distress, double 2015 levels, says Georgieva Published 16 Feb, 2022 08:25pm
World Former Bundesbank chief appointed to head IMF expert panel WASHINGTON: The International Monetary Fund has appointed former Bundesbank President Jens Weidmann to head an... Published 06 Feb, 2022 04:42am
World Inflation-fighting rate hikes could increase rich-poor divide, IMF's Georgieva warns Spillover impact on emerging markets .... can add fuel to the fire of divergence, says Fund's managing director Updated 12 Jan, 2022 10:48pm
Opinion Omicron: Mild or severe impact on economy? After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the... Published 08 Jan, 2022 03:59am
World IMF chief warns Omicron could slow global growth WASHINGTON: The new Omicron variant of Covid-19 could slow the global economic recovery, just as the Delta strain... Published 05 Dec, 2021 04:26am
Business & Finance IMF head urges COP26 leaders to ramp up climate ambition WASHINGTON: IMF chief Kristalina Georgieva on Sunday urged world leaders gathered at the COP26 summit in Glasgow to... Published 01 Nov, 2021 09:19am
Print No fear of inflation 'runaway train': IMF chief WASHINGTON: Global finance officials are worried about rising inflation pressures but there it is little fear that ... Updated 18 Oct, 2021 11:51am
Opinion Supply chains, inflation overshadow vaccine, debt woes at IMF-World Bank meetings Supply chain woes and growing inflation concerns pushed aside a widening gap in COVID-19 vaccinations and mounting... Published 17 Oct, 2021 04:41am
World G20 backs IMF chief's new trust to reach broader range of countries in need WASHINGTON: IMF chief Kristalina Georgieva on Wednesday won the endorsement of the Group of 20 major economies for a... Published 14 Oct, 2021 12:09pm
World IMF takes data integrity 'incredibly seriously,' chief economist says WASHINGTON: The International Monetary Fund takes data integrity "incredibly seriously" and has a robust system to... Published 12 Oct, 2021 08:55pm
Business & Finance IMF reaffirms 'full confidence' in head Georgieva WASHINGTON: The IMF Executive Board reaffirmed on Monday its "full confidence" in the Washington-based crisis... Published 12 Oct, 2021 09:47am