TPP would raise growth, incomes in Japan,  IMF economist forecasts

Jul 24, 2015

TPP would raise growth, incomes in Japan, IMF economist forecasts

A Pacific free trade pact would give a big boost to Japan’s economic growth and individual incomes, according to an International Monetary Fund economist. “It could be annually between 0.2 to 0.3 percent (percentage point) per year as an additional impact on growth,” Luc ...

IMF believes Greece needs debt relief far beyond EU plans

Jul 15, 2015

IMF believes Greece needs debt relief far beyond EU plans

Greece will need far bigger debt relief than euro zone partners have been prepared to envisage so far due to the devastation of its economy and banks in the last two weeks, says a confidential study by the International Monetary Fund seen by reporters. ...

Jul 10, 2015

IMF cuts 2015 growth projection for world, Japan

The International Monetary Fund slashed its 2015 growth projections on Thursday for the world due to a setback for the U.S. economy as well as Japan, citing continuously weak consumption. The global economy is expected to expand 3.3 percent this year in terms of ...

Former IMF chief Strauss-Kahn acquitted in pimping trial

Jun 13, 2015

Former IMF chief Strauss-Kahn acquitted in pimping trial

Dominique Strauss-Kahn had a caustic reaction Friday as four years of legal battles involving sex charges on two continents ended without a single conviction: “All that for this?” From a sordid New York hotel encounter to orgies in Paris, the former International Monetary Fund ...

Looming debt default threat alarms Ukraine's creditors

Jun 12, 2015

Looming debt default threat alarms Ukraine's creditors

Ukraine’s biggest private creditors Thursday expressed alarm at the creeping pace of their negotiations with cash-strapped Kiev and its escalating threat of a partial debt default. The war-torn and economically ravaged former Soviet country is trying to reach an agreement with some of the ...