International Monetary Fund

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Germany Becomes the World’s Perfect Economy

China's economy has slowed to an expansion rate of 7%, a number that many experts believe has been manufactured and actually is weaker. The White House recently downgraded the U.S. 2015 GDP ...
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IMF Lowers Global Growth Outlook, Cuts US Projection by 20%

The International Monetary Fund (IMF) on Thursday cut its 2015 global GDP growth forecast from an April estimate of 3.5% to a new level of 3.3%. Weak first-quarter performance, especially ...
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European Stocks Down Almost 4% on Greek Panic

Banks did not open in Greece, although probably every Greek citizen would have taken his money and run. It appears there will be no deal on Greek debt with the ...
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Are More Talks on the Horizon for Greece?

Talks with Greece fell through once again as the European Union is trying to hold itself together. This isn’t the first time that talks have fallen through and, by the ...
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11 Ways the EU Could Force Greece Into a Deal

After Greece failed yet again to reach a deal with European leaders, it is time for the Europeans to accept the fact that Greece simply wants out of much of its debt ...
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Is There a New Greek Bank Nationalization Risk After IMF News?

After news broke that Greece and the European Union were too far apart on a deal, it was one thing. Now Greece has decided to bundle its interest payments that ...
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Governments Pay $5.3 Trillion in Global Energy Subsidies

Government globally subsidizes consumers’ energy costs by a total of $5.3 trillion, about 6.5% of global GDP and more than the gross domestic product of all but the world’s largest ...
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Greek Sovereign Debt Downgraded at S&P

Ratings service Standard & Poor’s has downgraded its long-term and short-term sovereign credit ratings on Greece from B-/B to CCC+/C. The ratings have been removed from CreditWatch, but the outlook ...
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US to Be Largest Economy in 2030

At an estimated total of $24.8 trillion, the United States will remain the world’s largest economy in 2030, but China is closing the gap between first and second place. More ...
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global economy

A Worldwide Period of Low Growth Ahead — IMF

International Monetary Fund (IMF) experts have issued a report that forecasts low worldwide economic growth for several years ahead. Most of the reasons for this are not easily solved, if ...
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Greece Wants 279 Billion Euros From Germany for WWII Reparations

Greece means to pay its debts in any way possible. At least that could be the conclusion of Greeks pushing for €279 billion in reparations from Germany for actions during ...
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IMF HQ, DC

Ukraine Gets $17.5 Billion From IMF

Troubled by both war and the threat of financial collapse, Ukraine got a lifeline from the International Monetary Fund (IMF). The agency put in place a four-year extended fund facility ...
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China’s Economy Still Troubled, Based on PMI

China announced its gross domestic product (GDP) grew at 7.4% last year, which was a quarter of a percent low based on analysis by economists and journalists. Some fear the growth ...
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IMF Cuts Global Growth Outlook

As the world's rich and powerful gather at Davos, the International Monetary Fund (IMF) had a message for them and other world leaders. The agency followed the World Bank's decision ...
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Russia’s Economy by the Numbers

Many experts believe that Russia will fall into a deep recession next year, due primarily to a drop in oil prices. The recession, as a matter of fact, may have ...
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