The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates. Continue reading
U.S. President Donald Trump will be able to choose someone who shares his worldview when he nominates the next head of the World Bank. Continue reading
Global stock markets fell Tuesday after the International Monetary Fund lowered its outlook for the world economy, citing the impact of rising interest rates and trade tensions. Continue reading
New U.S. sanctions against Turkey have hit the country at a low point, driving its lira down and sparking questions about how it might affect the rest of the world. Continue reading
The Washington-based IMF is now estimating Canada’s gross domestic product for 2017 will be 3.0 per cent – half a percentage point higher than its July estimate. Continue reading
The International Monetary Fund is warning about the risks to the Canadian economy due to a possible correction in the housing market and urged governments to do more to protect against them. Continue reading
The International Monetary Fund does warn of downside risks to its optimistic forecast, including “the threat of deepening geopolitical tensions.” Continue reading
Restricting trade harms workers and consumers, said International Monetary Fund managing director Christine Lagarde. Continue reading
The incident came as a Greek anarchist group claimed responsibility for a failed letter bomb sent to the German Finance Ministry on Wednesday. Continue reading
The International Monetary Fund says uncertainty surrounding the incoming Donald Trump administration in the United States is making it difficult to forecast how the global economy will perform this year. Continue reading