International Monetary Fund

Athens

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 ...
Read Full Story »
GDP graphic

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 ...
Read Full Story »
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 ...
Read Full Story »
greek flag

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 ...
Read Full Story »
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 ...
Read Full Story »
460675605

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 ...
Read Full Story »
global economy

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 ...
Read Full Story »
2002_Ruble

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 ...
Read Full Story »
468768365

Countries With the Most Slaves

While many believe slavery is an issue of the past, it remains a real, yet largely hidden, problem. An estimated 35.8 million people are enslaved worldwide, according to a recent ...
Read Full Story »
Africa

Ebola Could Ruin National Governments — WHO

I have never seen a health event threaten the very survival of societies and governments in already very poor countries. I have never seen an infectious disease contribute so ...
Read Full Story »
global economy

Why the Market Could Sell Off Another 10%

From a year-to-date peak of 2,011 on September 18, the S&P 500 has given up 4% in 15 trading sessions. At that rate the index could drop another 10% before ...
Read Full Story »
124668669

What OPEC Is Really Telling The IMF

The Secretary General for the Organization of the Petroleum Exporting Countries (OPEC), H.E. Abdalla Salem El-Badri, issued a statement to the International Monetary Fund (IMF) on Thursday. He touched on a ...
Read Full Story »
global economy

IMF Cuts Growth Forecast; US Carries the Developed World

If it weren’t for a projected 0.5% increase in the outlook for U.S. economic growth, the forecast for 2014 global growth from the International Monetary Fund (IMF) would be even ...
Read Full Story »
global economy

IMF Talks Down Global GDP Growth Expectations

It was just earlier this week that Fitch warned of risks to the global GDP growth story for 2014 and 2015 being to the downside. Now we are getting more ...
Read Full Story »
Africa

Ebola Outbreak and Liberian Economy by the Numbers

Arguably, Liberia has been affected most by the Ebola outbreak, with 576 deaths as of August 20, according to the AP. That figure is expected to rise sharply. Among the world's ...
Read Full Story »