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International Monetary Fund

EUROPE

Pakistan shopping centres and markets to close early in energy-saving move

Digital Desk -
Authorities in Pakistan have ordered shopping centres and markets to close by 8.30pm as part of an energy conservation plan aimed at easing Pakistan’s...
FINANCE

Coronavirus: IMF cancels £400m of debt repayments to help poor countries

Digital Desk -
Debt payments for the world’s most impoverished countries totalling £400 million have been cancelled to allow them to focus on dealing with coronavirus. The International...
ECONOMY

IMF head says global economy is in recession

Digital Desk -
The head of the International Monetary Fund (IMF) has said the global economy has entered a recession that could be worse than the 2009...
FINANCE

Germany denies backing Mark Carney as next head of IMF

Digital Desk -
The German government said it has not decided who it wants to succeed Christine Lagarde as the next head of the International Monetary Fund...
BUSINESS

Trump good for US economy in short term, says IMF chief

Digital Desk -
Donald Trump is likely to be good for the American economy in the short term, according to the head of the International Monetary Fund. Christine...
BUSINESS

Greece needs debt relief, Eurozone central banker says

Digital Desk -
Greece's bailout lenders have been urged to grant the country relief on its massive debts if Athens agrees to impose tougher budget austerity measures. European...
BUSINESS

European Banks in Trouble? Huge Risk of Financial Instability

Digital Desk -
Wall Street firms warn that the Eurozone banks pose a high risk of financial instability. Most likely due to the sounding of alarms over...

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