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IMF cuts global growth forecasts amid trade, Brexit uncertainties

23 Jul 2019

The International Monetary Fund on Tuesday lowered its forecast for global growth this year and next, warning that further US-China tariffs or a disorderly exit for Britain from the European...

Indias current account balance deficit grows to $68b in 2018-19

19 Jul 2019

India’s current account (CA) balance deficit grew to $68 billion in 2018-19 from $49 billion the previous year, according to the International Monetary Fund (IMF), which said the deficit was...

IMF cuts forecast for Russian GDP growth, calls for reforms

18 Jul 2019

The International Monetary Fund (IMF) cut its forecast for Russian economic growth in 2019 to 1.2% from 1.4% after a weak first quarter, saying broader reforms would be needed for...

Lagarde resigns as IMF chief, starting race for her successor

17 Jul 2019

International Monetary Fund chief Christine Lagarde submitted her resignation from the global crisis lender on Tuesday, citing more clarity about her nomination to lead the European Central Bank as...

Ukraine president submits law criminalising illicit enrichment

17 Jul 2019

President Volodymyr Zelensky has submitted a draft law to parliament criminalising illicit enrichment by officials Ukraine passed similar legislation in 2015 Ukraine’s president has submitted a draft law to...

Herculean tasks await Lagarde and von der Leyen

08 Jul 2019

Josie Cox, The Independent For purist feminists with an eye on Europe, the past week has been pretty good. After decades of male dominance at the top of two...

Egypt unveils fuel subsidy cuts

05 Jul 2019

Egypt introduced its latest round of fuel subsidy cuts on Friday, raising domestic prices by between 16% and 30% as it nears the end of an IMF-backed economic reform programme....

Macron emerges victorious as a new EU leadership rejects Brexit and anti-EU populism

05 Jul 2019

In a stunning reaffirmation of core European values, the next European leadership team will be led by women and men who are strongly committed to European partnership and opposed to...

IMF approves $6b loan package for Pakistan

04 Jul 2019

The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday to rein in mounting debts and stave off a looming balance of payments...

Lagarde’s ECB nomination triggers eurozone share rally

03 Jul 2019

Euro zone stocks surged on Wednesday as investors piled into firms with big dividends on hopes European Central Bank chief nominee Christine Lagarde will maintain the ECB’s dovish stance, while...

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