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United States

Rodrigo Campos

'Large' IMF majority on Venezuela leader issue needed: Lagarde

Apr 13 2019

WASHINGTON The International Monetary Fund will not be able to help Venezuela deal with its economic crisis until a "large majority" of its members decide who to recognize as the country's leader, the head of the global lender said on Saturday.

Mexico to offer Pemex lifeline of 'only one year' -Finance Minister

Apr 12 2019

WASHINGTON, April 12 Mexico will offer its ailing state oil company Pemex a lifeline for only one year by dipping into its budget stabilization fund, Finance Minister Carlos Urzua said on Friday, ruling out that the government will absorb the debt.

Venezuela debt placed on 'index watch' by JPMorgan

Apr 12 2019

Venezuela's debt is another step closer to being removed from a key emerging market bond index series after JPMorgan Chase & Co placed the country's securities on "index watch" because of trading disruptions caused by U.S. sanctions against President Nicolas Maduro's government.

Venezuela leadership issue still blocking IMF, World Bank aid

Apr 11 2019

WASHINGTON International Monetary Fund and World Bank shareholders are still undecided on whether to recognize Venezuelan opposition chief Juan Guaido as the country's leader, the institutions said on Thursday.

Emerging market nations seek collective solution to trade tensions

Apr 11 2019

WASHINGTON Top finance officials from emerging market economies on Thursday called for a collective global response to resolve ongoing trade tensions within a rules-based trading system.

Developing capital markets can save emerging markets $13 billion: study

Apr 11 2019

WASHINGTON Pursuing so-called 'euroclearability' can help some emerging market economies lower borrowing costs by over $13 billion over 10 years while increasing their investor base, a report showed on Thursday.

Corruption costs $1 trillion in tax revenue globally: IMF

Apr 04 2019

NEW YORK Curbing corruption could generate about $1 trillion in tax revenues annually across the world, according to research from the International Monetary Fund.

In Argentina, jitters return as volatility stokes political risk

Mar 26 2019

BUENOS AIRES/NEW YORK/LONDON Investors in Argentina are starting to get the jitters.

Wall Street powers world stocks; dollar up on Brexit woes

Mar 21 2019

NEW YORK Wall Street led global stocks higher on Thursday on the back of upbeat economic data, while the dollar rallied despite the Federal Reserve's uber-dovish stance as Brexit worries weighed on the euro and sterling. | Video

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