United States


Lagarde to seek postponement of trial in Tapie case: lawyer


PARIS IMF chief Christine Lagarde will ask for a postponement of a trial aimed at establishing her role in a 400-million-euro ($428 million) payout to businessman Bernard Tapie as another investigation of the case is ongoing, her lawyer told Reuters.

Germany expects IMF to remain on board with Greek bailout

BERLIN Germany expects the International Monetary Fund to stay on board in Greece's bailout program to evaluate Athens' reform efforts, a Finance Ministry spokeswoman said on Wednesday.

Nov 23 2016

IMF board approves Egypt's $12 billion loan agreement, $2.75 billion disbursed

CAIRO/WASHINGTON Egypt won International Monetary Fund approval on Friday for a three-year, $12 billion bailout program aimed at reviving a struggling economy, bringing down public debt and controlling inflation while seeking to protect the poor.

Nov 11 2016

IMF board renews $250 billion crisis fund for another five years

WASHINGTON The International Monetary Fund said on Friday its executive board approved the renewal of its $250 billion crisis lending fund, the New Arrangements to Borrow, for another five-year period starting Nov. 17.

Nov 11 2016

IMF looks forward to working with Trump, won't judge his trade views

WASHINGTON The International Monetary Fund said on Thursday it looks forward to working with the Trump administration and believes the United States will remain fully committed to the Fund and other international institutions.

Nov 10 2016

IEA warns of risk to oil demand from record global debt

Record global debt levels pose a clear risk to oil demand, the International Energy Agency said on Tuesday, citing figures from the International Monetary Fund last week that showed the world is awash with a record $152 trillion in debt.

Oct 11 2016

Banks ponder the meaning of life as Deutsche agonizes

WASHINGTON It wasn't just Deutsche Bank that was grappling with big questions about the future at the International Monetary Fund meetings in Washington last week.

Money, Oct 09 2016

IMF members to push spending, revive trade to boost growth

WASHINGTON The International Monetary Fund's member countries on Saturday pledged to revive flagging global trade, boost government spending and remove barriers to business to fight weak growth that has left too many people behind. | Video

Oct 08 2016

Finance leaders issue fresh warnings amid Deutsche worries, pound rout

WASHINGTON World finance leaders issued fresh warnings about economic stability risks on Friday amid worries about a massive U.S. fine for Deutsche Bank destabilizing Germany's largest bank, a sharp fall in the British pound and weak global growth.

IMF warns U.S. rate hike could disrupt Asian capital flows

WASHINGTON A disorderly reaction to possible U.S. interest rate hikes could disrupt capital flows and heighten asset price volatility in Asia, the International Monetary Fund said on Thursday.

Oct 06 2016