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Without a new deal for funds Greece will miss next IMF payment

Athens - The Greek government is warning its creditors that it is on the verge of default and claims it will not be able to make the next International Monetary Fund (IMF) payment due on June 5.

Greece in final stretch of troubled loan talks

Atenas - Greece on Monday entered the final stretch of tortuous talks with its international creditors on a bankruptcy-saving loan deal, with the government calling for a breakthrough by the end of the month.

IMF: Fossil fuel subsidies outpace spending on health care

A recent IMF report argues that governments around the world are spending trillions of dollars in subsidies, many of them “hidden”, to support the fossil fuel industry.

Greece avoids default with IMF payment but warns of imminent crisis

Brussels - Greece narrowly averted a default Tuesday that could have seen it crashing out of the euro, but warned it faced another cash crunch within two weeks without a bailout deal with its EU financiers.

Greece makes progress but warns of cash crunch

Brussels - Greece won limited support from the eurozone Monday for the progress it has made in difficult bailout talks, but warned that Athens faced a cash crunch within two weeks without a deal.

Greece says it is paying 750 mn euros due Tuesday to IMF

Atenas - Greece has begun the transfer of 750 million euros ($836 million) to the International Monetary Fund one day before the payment is due, the finance ministry said on Monday.

Greece to repay IMF but eurozone deal far off

Brussels - Greece said on Monday it would meet a huge IMF payment deadline to avoid a catastrophic default but despite some progress in talks with its eurozone partners a bailout deal still seemed far out of reach.

Op-Ed: Greece makes another IMF payment on time

Brussels - The Greek government managed to scrape together enough cash to pay off $222 million that was due to the International Monetary Fund yesterday.

Greece told to move 'urgently' on detailed debt plan

Washington - Greece was told to urgently deliver a detailed fiscal and debt plan to official lenders as the IMF-World Bank spring meetings wound up amid escalating worries of a looming default.

Ebola-hit countries call for $8 bn for 'Marshall Plan'

Washington - The three West African countries hit hardest by the Ebola epidemic called for an $8 billion "Marshall Plan" on Friday to help rebuild their economies and boost prevention efforts.

Spanish authorities search ex-IMF chief Rato's office for 2nd day

Madrid - Spanish tax authorities carried out new searches of former IMF chief Rodrigo Rato's Madrid offices in a money-laundering probe as the country questioned whether he had been made a scapegoat in the ruling Popular Party's anti-corruption drive.

IMF slightly reduces growth outlook for Canada this year and next

Ottawa - The International Monetary Fund(IMF) has slightly reduced its forecast for Canadian economic growth both for this year and next. Reduction in oil prices is partly responsible for the reduction in the growth outlook.

IMF: Global economy steady but risks abound

Washington - The International Monetary Fund said Tuesday that the global economy remains tepid, with slowdowns in emerging markets offsetting progress in the Japanese and European economies.

Greece to make April IMF payment, but uncertainty reigns

Atenas - Greece is due to make its 459 million euro ($495 million) April loan payment to the IMF Thursday following days of uncertainty, but the European nation's ability to honour its debts remains a source of acute anxiety to creditors.

Greece agrees to repay IMF debt by April 9: Lagarde

Washington - Greece has agreed to repay its debt to the International Monetary Fund by April 9, IMF chief Christine Lagarde said after a meeting with Greek Finance Minister Yanis Varoufakis.

Ukraine's Russia debt threatens IMF rescue

Washington - A default by Ukraine on $3 billion in debt to Russia this year could threaten the International Monetary Fund's lifeline to the embattled country, an IMF spokesman said.

Op-Ed: IMF officials claim Greek government very unhelpful

Athens - Officials from the IMF, the European Central Bank, and the European Commission, complained in a conference-call Tuesday that Greek officials are not adhering to the conditions of the bailout extension deal or cooperating with creditors.

Greek finance minister says some election vows can be put off

Atenas - Greece's combative finance minister has indicated that Athens' new radical left government is prepared to put some of its campaign promises on hold while it seeks to build confidence among its creditors.

Ukraine receives first $5 bn tranche of IMF loan

Kiev - Ukraine on Friday received the first $5 billion tranche of the International Monetary Fund's bailout for its troubled economy, the finance ministry said.

Op-Ed: Greece's reform list accepted by Eurogroup but with reservations

Brussels - The Greek Finance Minister Yanis Varoufakis sent a letter to Eurogroup President Jeroen Dijsselbloem just before the deadline of midnight Monday that outlines proposed reforms that Greece was willing to undertake to receive bailout funds.

IMF reduces global growth projection for 2015

Washington - The International Monetary Fund(IMF) reduced its projected global growth number for next year to 3.8 percent from 4 percent in July. The downgrade resulted from continued economic weakness in the Eurozone and a slowdown in several emerging markets.

IMF fast-tracks $130 mn for Ebola fight in West Africa

Washington - The International Monetary Fund fast-tracked $130 million in aid Friday to fight the Ebola epidemic in the worst-hit countries in West Africa.

Op-Ed: Ukraine and IMF loans

Kiev - Back in April of this year after the February uprising against president Yanukovych in the Ukraine, the IMF approved a loan of $17 billion to the new Ukrainian government.

IMF chief charged with 'negligence' over graft case

Paris - IMF chief Christine Lagarde, one of the world's most powerful women, announced Wednesday she had been charged with "negligence" over a multi-million-euro graft case relating to her time as French finance minister.

BRIC nations set up their own development bank

Leaders of emerging powers Brazil, Russia, India and China (BRIC) and South Africa held talks in Brasilia Brazil with leaders of Argentina, Chile, Colombia, Ecuador, Venezuela and other Latin American countries.

Op-Ed: El Sisi follows through on demands of the IMF in Egypt

Cairo - More than a week after President El-Sisi slashed fuel subsidies by up to 80 per cent there have been virtually no street protests, violence, or massive strikes although there has been much grumbling.

IMF's Lagarde: 'I am not candidate' for European chief

London - IMF managing director Christine Lagarde said Friday she was "not a candidate" to become head of the European Commission."On this EU thing, I am not a candidate.

Op-Ed: IMF chief Lagarde presses Arab countries to phase out subsidies

Amman - International Monetary Fund(IMF) head, Christine Lagarde, pressed Arab countries to cut subsidies. She was speaking at a conference sponsored by the IMF in Amman the capital of Jordan.

China could become the world's top economic power in late 2014

A study by the International Comparison Program (ICP) carried out on behalf of the World Bank published on April 30, 2014, notes that China could overtake the U.S. and become the leading economic power in the world later this year.

Review: Captain America vs the New World Order Special

If you can't say it in non-fiction, say it in a movie. "Captain America: the Winter Soldier," a fictional (?) movie puts the blame for America's greatest catastrophes of the last 70 years square on the back of a secret U.S. government agency.
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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
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
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
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.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
Former International Monetary Fund Managing Director Dominique Strauss-Kahn.
The former IMF chief  Dominique Strauss Kahn
The former IMF chief, Dominique Strauss Kahn
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
Former IMF Managing Director Dominique Strauss-Kahn
Former IMF Managing Director Dominique Strauss-Kahn
International Monetary Fund

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