IMF

The IMF's latest numbers show a worrisome trajectory, but they aren't terrible.

British Prime Minister Theresa May toured Berlin and Paris on Tuesday to plead for an extension to the deadline for Brexit, which looked increasingly likely to be approved by EU leaders at a crunch meeting in Brussels. May has asked for a second extension to ...

The Trump administration said the U.S. president still wants to meet China's Xi Jinping in an effort to end the trade war, a sign of optimism as negotiators from the world's two biggest economies start their latest round of talks this week. "He wants to ...

In his two years serving at the U.S. Treasury, David Malpass has repeatedly lambasted big development lenders as wasteful and ineffective and has called for reforms. Now he is poised to take over the helm of the World Bank, where he can put his own ...

U.S. President Donald Trump said on Wednesday that the World Bank Group should be led by U.S. Treasury official David Malpass, a Trump loyalist and critic of multilateral institutions who has vowed to pursue "pro-growth" reforms at the development lender. Trump's nomination of Malpass, the ...

The world economy absorbed more bad news Monday: The International Monetary Fund cut its growth forecast for 2019. And China, the world's second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF cut its estimate for global growth this year to ...

Saudi Arabia scrambled Monday to prepare for an investment summit after a string of cancellations from global business titans, with Turkey's threat to reveal the "naked truth" over critic Jamal Khashoggi's murder casting a fresh shadow. Starting on Tuesday, the three-day Future Investment Initiative (FII) ...

Three days before U.S. President Donald Trump took office in January 2017, Chinese President Xi Jinping portrayed Beijing as the champion and defender of globalization at the Davos World Economic Forum amid rising fears of trade protectionism. A few months later, as Xi launched a ...

Woken one night by a 6.4 magnitude earthquake at the IMF annual meetings in Bali, global finance chiefs spent the week assessing the tremors now rippling through the world economy. The quake "was symbolic for the widespread feeling among participants that the ground under the ...