China's January factory activity contracts as COVID-19 lockdowns bite
China's factory activity contracted at the sharpest rate in 23 months in January, underscoring the huge economic costs from the country's "COVID zero" approach.
COVID-19 pandemic unlikely to have 'scarring' effects on Japan economy, IMF says
While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a "strong rebound" is expected in the second quarter as the wave dissipates.
Slowdowns in U.S. and China will hold back global growth, report says
Higher inflation, supply chain chokepoints, and pandemic-related shutdowns and worker shortages continue to afflict rich and poor nations, the IMF said.
IMF chief urges debt-laden nations to act now to avoid problems
Managing Director Kristalina Georgieva said that her worry is greatest for low-income countries because 60% are in debt distress or in danger of reaching that point.
Sri Lankan ministers plan meeting to consider seeking IMF bailout
Sri Lanka struggles with limited options to address upcoming debt maturities.
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan to retain IMF influence through deputy managing director role
IMF chief Kristalina Georgieva has announced that she intends to tap Kenji Okamura, a former top Japanese financial diplomat, for the senior post.
IMF lowers global growth outlook as supply bottlenecks hobble pandemic recovery
Global manufacturing activity has been slammed by supply and demand mismatches of key market infrastructure such as semiconductor shortages.
IMF cuts Japan's 2021 growth forecast to 2.4% on latest COVID-19 wave
As for Japan, the IMF attributed the downward revision for 2021 to the impact of the latest COVID-19 state of emergency.
Is World Bank’s Doing Business report really dead?
The bank announced it would discontinue the report after an investigation revealed efforts to manipulate data in order to improve China and Saudi Arabia’s DB rankings.
IMF Chief called out for artificially lifting China's economic ranking in 2018 report
China’s position in the 2018 report, released in October 2017, should have been seven places lower — at No. 85 rather than remaining at No. 78.
Afghan central bank's $10 billion stash not all within reach of Taliban
The country's central bank is thought to hold foreign currency, gold and other treasures in its vaults, but the vast majority of the assets are held outside Afghanistan.
