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Imf News

IMF policies undermine human rights: UN expert

Washington - The International Monetary Fund's lending policies are undermining United Nations human rights and development goals, an independent expert commissioned by the UN said Wednesday.

US-world divide spills out at IMF-World Bank meetings

Washington - The growing split between the United States and the rest of the world spilled into the annual meetings of the International Monetary Fund and World Bank in Washington this week.

IMF calls on Latin America to fight corruption

Washington - Latin American and Caribbean governments need to crack down on corruption in order to make their economies more durable and the benefits of growth more widespread, the International Monetary Fund said Friday.

Branson calls for sustainable rebuilding of storm-battered Caribbean

Washington - British tycoon Richard Branson called Friday for rebuilding the hurricane-thrashed Caribbean with more durable housing and sustainable energy, to limit the damage of future storms.

Political uncertainty in Spain could hit economy: IMF

Washington - The International Monetary Fund warned Friday that Spain's strong economic recovery could be dealt a setback if the political turmoil over Catalonia's independence push continues.

Global economy chiefs told to reform while going is good

Washington - Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and to be ready for possible shocks in the future.

IMF chief: to beat inequality, close the gender gap

Washington - IMF chief Christine Lagarde said Thursday that the best way to reduce inequality around the world would be to eliminate the gap between women and men in the economic sphere.

IMF chief urges more support for global trade

Washington - IMF Managing Director Christine Lagarde urged global leaders Wednesday not to reject international trade as policy shifts by Washington and London force resets on major global commercial treaties.

IMF raises China growth forecast for 2017 to 6.8 pct

Bejing - The International Monetary Fund raised its growth forecast for China on Tuesday but again warned of risks stemming from the build-up of debt in the world's second largest economy.

IMF's Lagarde: US tax overhaul 'desperately needed'

Washington - IMF chief Christine Lagarde on Friday urged the United States to proceed with a tax overhaul, saying it was "desperately needed" to boost growth in the world's largest economy."Tax reform is a must.

IMF should show 'good faith' in Greek bailout talks: Macron

Atenas - The IMF should show "good faith" and avoid making excessive demands of Greece should it choose to participate in the Greek rescue programme's remaining 11 months, French President Emmanuel Macron said Wednesday.

Ageing populations will drag on growth in Asia: IMF chief

Seoul - The chief of the International Monetary Fund warned Thursday that ageing populations in key Asian economies will drag on their growth, urging policymakers to step up their response to shifting demographics.

IMF: Countries must avoid protectionism 'at all costs'

Washington - The International Monetary Fund warned world leaders Friday to avoid resorting to protectionist measures "at all costs" due to the damage it would cause to their own and the global economy.

IMF urges US to 'protect' gains won under Obamacare

Washington - The International Monetary Fund on Thursday weighed into the US health care debate, urging the Trump administration to "protect" the gains achieved under President Barack Obama.

Greek PM hopeful new bond will open access to ECB funds

Atenas - Greek Prime Minister Alexis Tsipras on Wednesday claimed that his country's first bond sale in three years would help convince the European Central Bank to provide additional liquidity to its struggling economy.

IMF to launch new form of aid -- with no money

Washington - The International Monetary Fund announced Wednesday it will launch a new tool to support governments in financial trouble -- but one that involves no money -- formalizing a step it took last week for Greece.

Greece returns to debt markets after three-year hiatus

Atenas - Greece returned to the debt markets for the first time in three years on Tuesday, with reports saying it was on track to raise funds at a lower cost, marking a symbolic victory for the beleaguered eurozone nation.

IMF says global recovery on firmer footing

Washington - The global economic recovery is on firmer footing as improving growth in China, Europe and Japan offset downward revisions for the United States and Britain, the International Monetary Fund said Sunday.

IMF approves $1.8 bn loan for Greece 'in principle,' no funds released

Washington - The International Monetary Fund late Thursday approved a one-year, $1.8 billion loan program for Greece but will not release any funds until the eurozone agrees on a debt relief plan, in a highly unusual compromise step.

IMF hails 'ambitious' French reforms under Macron

Paris - The IMF on Monday hailed French President Emmanuel Macron's "ambitious" reform programme, saying his spending, labour and tax overhauls could go "a long way" towards tackling high unemployment and weak growth.

IMF cuts Brazil growth estimate for 2018

Washington - Brazil's economy appears to have turned a corner, but political uncertainty is on the rise, prompting the International Monetary Fund on Thursday to cut its 2018 growth forecast for the recession-hit country.

Portugal makes early 1-billion euro repayment to IMF

Lisbon - Portugal has made an early repayment of one billion euros to the International Monetary Fund and intends to repay a further 2.6 billion euros of bailout loans by August, the government said Friday.As part of a bailout in 2011, Portugal was loaned 29.

Athens rubbish piles up as Greeks protest contracts

Atenas - Mounds of rubbish festered in soaring temperatures in Athens on Thursday as thousands demonstrated in support of refuse collectors demanding the renewal of their contracts.

Bailout deal thrusts burden back on Greece say analysts

Atenas - As Greece's government Friday welcomed a long-delayed bailout agreement, analysts warned the deal throws responsibility back on the struggling country to pull itself out of crisis.

IMF takes 'unusual' steps for Greece

Washington - By promising Thursday to approve a new aid plan for Greece, but without releasing any money, the IMF has again departed from its usual procedures to support Athens, exposing itself to accusations of giving the country special treatment.

IMF's Greek compromise could break impasse on aid deal

Washington - The IMF's proposed compromise on Greece raises hopes it will break a deadlock with Europe next week and open the way for the release of desperately needed funds for Athens, averting a renewed crisis in July.

IMF urges Cyprus to reduce bad loans, push reforms

Nicosia - The International Monetary Fund on Thursday praised Cyprus for making progress since it exited a bailout regime but called on it to reduce bad loans and to press ahead with reforms.

IMF: Greece compromise could avoid July crisis

Washington - A compromise the IMF offered to break the deadlock with Europe over financing for Greece could avoid a renewed crisis in the country in July, a fund spokesman said Thursday.

Greece says 'confident' of 'good solution' in June on debt

Atenas - Greece's finance minister Euclid Tsakalotos on Monday said he was "confident" that an upcoming eurozone meeting would reach a "good solution" on debt relief, whilst calling on creditors to end their "procrastination"."We're looking for a good solution....

Greece says 'confident' of 'good solution' in June on debt

Atenas - Greece's finance minister Euclid Tsakalotos on Monday said he was "confident" that an upcoming eurozone meeting would reach a "good solution" on debt relief, whilst calling on creditors to end their "procrastination"."We're looking for a good solution....
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The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Uk...
The global community actively discusses a financial aid to Ukraine. The issue of financial aid to Ukraine was one of the topical at the G-20 summit in Sydney. Ukrainian issue stirred up all international politicians. Such a potential grantors of Ukraine as the EU, the USA and the IMF expressed willingness to help Ukraine. The EU proposes to organize a conference of grantors for financial aid to Ukraine and to coordinate measures in order to lend economic aid to Ukraine from the USA, Japan, China
The global community is ready to grant a financial aid to Ukraine
IMF Headquarters Washington DC
IMF Headquarters Washington DC
wikimedia
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
YouTube
Untitled
Mandel Ngan, AFP/File
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
IMF
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Econ...
IMF Managing Director Christine Lagarde (C) visits the Artisan Market with Peruvian Minister of Economy Alonso Arturo Segura Vasi (R) and Deputy Minister of Trade and Tourism Maria del Carmen de Reparas (L) in Pisac, Peru on October 4, 2015
Stephen Jaffe, IMF/AFP
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People s Party conven...
OFFICIAL: European Commission President Jean-Claude Juncker attends a European People's Party convention in Vilnius, Lithuania, in 2013.
European People's Party
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
bixintx
Untitled
IMF/ Business Insider
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
Students interrupt a talk by Christine Lagarde of the IMF at the University of Amsterdam
ROAR Mag
Former International Monetary Fund Managing Director  Dominique Strauss-Kahn  at a press conference
Former International Monetary Fund Managing Director, Dominique Strauss-Kahn, at a press conference
International Monetary Fund
Christine Lagarde
Christine Lagarde.
MEDEF
Aid was promised  but where is the money?

At the end of February of this year the EU leaders in rep...
Aid was promised, but where is the money? At the end of February of this year the EU leaders in reply to changing of State power in Ukraine promised to give financial help, aimed at financial system stabilization and different investment projects realization directed on development of the country economy. Then Elmar Brok, chairman of the EP Committee on Foreign Affairs announced a sum in 20 billion Euros, which will be received by Ukraine for the reform implementation as soon as a new governme
CRISIS: Message posted on ATMs in Greece last month at height of country s dispute with European Uni...
CRISIS: Message posted on ATMs in Greece last month at height of country's dispute with European Union lenders. Banks were closed for more than three weeks but reopened Monday with limits on withdrawals.
SucreRouge/Wikimedia Commons

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