Poor nations face peril over elusive G20 debt relief push
Results under the Common Framework have proven elusive, hampered by a combination of a lack of progress in bringing key creditors around the table and getting them to commit to joint action.
Guardians of world economy told to ‘buckle up’ as outlook dims
As the talks ended on Saturday, leaders in global finance pondered the impact of recent moves in the U.K., Saudi Arabia, China and Russia.
IMF sees Japan currency intervention as 'signaling' move with short-term impact
Markets are focusing on whether Japan will step in again, as stronger-than-expected U.S. inflation data pushed the dollar to a fresh 32-year high.
IMF warns ‘worst is yet to come’ as steps to slow inflation raise risks
The IMF cut its forecast for global growth next year to 2.7%, from the 2.9% seen in July and 3.8% in January.
With an IMF deal in hand, Sri Lanka now courts China and India
To get debt to a sustainable level, Beijing, New Delhi, Tokyo, multilateral organizations and global asset managers must all swallow losses.
World may be heading toward recession, IMF warns
If the thicket of threats continues to intensify, the world economy faces one of its weakest years since 1970, a period of intense stagflation across the globe.
IMF says yen's rapid slide may hamper Japan's post-pandemic recovery
The drop to a 20-year low against the dollar reflects the BOJ's loose monetary easing while other central banks are tightening.
One dead after police fire on Sri Lanka protesters amid IMF bailout talks
Demonstrations have raged across the South Asian island country of 22 million people for weeks over the government's mishandling of the economy.
Sri Lanka's reluctance to tap IMF helped push it into an economic abyss
Faced with a rapidly deteriorating economic environment, the government chose to wait, instead of moving quickly and seeking help.
IMF cuts Japan's growth forecast over hit from Ukraine war fallout
The IMF now expects Japan's economy to grow 2.4% this year, lower than a projection for 3.3% expansion made in January.
There is a big economic and political cost to closed minds
One of the main reasons for the uneven COVID-19 recovery has more to do with politics than economics as support for aggressive nationalistic trade barriers has grown sharply in recent years.
