Skip to: Content
Skip to: Site Navigation
Skip to: Search
SATURDAY, NOVEMBER 21, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: International Monetary Fund

International Monetary Fund stories: 32 news summaries

1 - 20 of 32 Stories | 1 2 Next >>

Switch to grid view »

(Newser) - A student journalist threw a shoe at IMF director Dominique Strauss-Kahn during his speech at Istanbul University today, but missed so badly that Strauss-Kahn didn’t even need a Dubya-style duck. The man shouted, “IMF, get out!” as he hurled the shoe, then ran toward the platform. Security... More »

MORE ABOUT:
International Monetary Fund • shoes • IMF • Dominique Strauss Kahn

 IMF: Global Recession Is Over 

World economy is growing, but recovery will be slow

Oct 1, 09 5:37 AM CDT
(Newser) - The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at... More »

MORE ABOUT:
International Monetary Fund • growth • recession • IMF • global economy • Dominique Strauss Kahn • financial crisis • economic recovery

 G20 Near Deal to Open 
 Economies to Scrutiny 

'Peer review' system will let nations assess each other's policies

Sep 25, 09 6:17 AM CDT
(Newser) - The G20 is on the brink of a deal this morning that will require members to "peer review" one another's economic policies—a substantial shift that will expose the US and China to wider scrutiny from less wealthy countries. The new top table for international negotiation wants less American... More »

MORE ABOUT:
International Monetary Fund • oversight • IMF • global economy • US economy • Chinese economy • peer reviews • G20 • Group of 20

(AP) - The world economy is likely to shrink this year for the first time in 6 decades, says the International Monetary Fund in projecting a 1.3% drop in a dour forecast today. That could leave at least 10 million more people around the world jobless, some private economists said. "... More »

MORE ABOUT:
International Monetary Fund • recession • IMF • global economy

 G20 Leaders Close to Deal 

French, German demands for regulation are final sticking point

Apr 2, 09 6:19 AM CDT
(Newser) - G20 leaders have nearly completed an agreement to confront the global financial crisis, reports the Times of London. Gordon Brown opened the summit by saying that the draft communique already prepared reflected "a high degree of consensus between us." The British PM said that the leaders needed to... More »

MORE ABOUT:
Angela Merkel • Nicolas Sarkozy • International Monetary Fund • Gordon Brown • IMF • G20 • financial crisis • global stimulus

GLOSSIES

 How the US Became 
 a Banana Republic 

America is a textbook IMF case—but one without a solution

Mar 30, 09 2:51 PM CDT
(Newser) - As chief economist at the International Monetary Fund, MIT professor Simon Johnson saw a pattern in bankrupted countries from Argentina to Indonesia: "The powerful elites within them overreached in good times and took too many risks." The current US crisis, Johnson writes in the Atlantic, is "shockingly... More »

MORE ABOUT:
depression • International Monetary Fund • recession • IMF • US economy • developing countries • emerging markets • Great Depression • oligarchy

 China: Ditch the Dollar 
 as World Standard 

Central bank says IMF asset could be solution

Mar 24, 09 9:43 AM CDT
(Newser) - Highlighting international anger over the sorry state of the US economy, China has called for the dollar to be dumped as the global currency standard, the Wall Street Journal reports. China’s central bank said an International Monetary Fund asset could take over the dollar’s global role, Reuters reports.... More »

MORE ABOUT:
China • currency • International Monetary Fund • US dollar • international currency • Bank of China

 G-20 Vows to Spur Lending 


Mar 14, 09 1:53 PM CDT
(Newser) - The world's top financial officials promised a three-tiered approach to battling the global economic slowdown today, the Wall Street Journal reports. At the G-20 summit in England, finance ministers vowed to inject money into the IMF and other institutions to lend to struggling countries, while tackling banks' toxic assets... More »

MORE ABOUT:
International Monetary Fund • recession • credit crisis • G20 • emergency lending • economic downturn • emerging economies

Geithner Urges G20 to Pump Up Global Economy

Treasury seeks billions to help IMF prop up struggling nations

Mar 12, 09 6:57 AM CDT
(Newser) - Tim Geithner is calling on the other G20 nations to help the US get the global economy back on its feet, the Washington Post reports. The Treasury secretary, who leaves for a G20 summit tomorrow, said in a briefing yesterday the administration plans to ask Congress for another $100 billion... More »

MORE ABOUT:
International Monetary Fund • IMF • global economy • Treasury Department • emerging markets • G20 • Obama administration • financial crisis • Timothy Geithner

 Bombed-Out 
 US Economy 
 Blasts Globe 
 Into Recession 

Developing nations hit especially hard in first world recession since World War II

Mar 9, 09 4:05 AM CDT
(Newser) - The world economy is plunging into its first global recession since World War II, and sending 46 million people in developing countries back into poverty, warns a World Bank report. The global lender is urging leading nations to pledge a portion of their stimulus packages to stem the mounting crisis... More »

MORE ABOUT:
World Bank • International Monetary Fund • recession • poverty • developing countries • developing world

 IMF Bails Out Hungary, Ukraine 

Multibillion-dollar loans prop up Eastern Europe's basket cases

Oct 27, 08 8:47 AM CDT
(Newser) - The IMF will provide multibillion-dollar loans to Ukraine and Hungary, which have followed Iceland to become the latest national victims of the global financial crisis. Ukraine will receive a $16.5 billion loan, while the specifics of the Hungary deal are still being worked out. Both Eastern European countries have... More »

MORE ABOUT:
International Monetary Fund • IMF • Hungary • Ukraine • financial crisis • Hungarian forint

 IMF Won't 
 Punish Boss 
 Over Affair 

But 'serious error in judgment' sidetracked fund

Oct 26, 08 9:08 AM CDT
(Newser) - The IMF’s governing board unanimously cleared its managing director of using his position to pursue an affair with a subordinate, the Wall Street Journal reports. Dominique Strauss-Kahn didn’t engage in “harassment, favoritism, or any other abuse of authority,” but his actions were “regrettable and reflected... More »

MORE ABOUT:
investigation • International Monetary Fund • abuse • IMF • harassment • affair • probe • Dominique Strauss Kahn

IMF Plans Huge Credit Line for Poor Nations

Wave of defaults in developing world could imperil global economy

Oct 24, 08 6:11 AM CDT
(Newser) - While the financial crisis is leading the West into recession, other parts of the world from Hungary to Argentina face an even worse fate: default, market panic, and possibly social upheaval. Now the IMF is working to build a giant line of credit, funded by rich nations, to provide... More »

MORE ABOUT:
globalization • International Monetary Fund • Argentina • IMF • Hungary • default • market turmoil • financial crisis

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Strauss-Kahn's 'activist' economics suit crisis

Oct 20, 08 1:05 PM CDT
(Newser) - Even as he faces a probe for misconduct, the head of the International Monetary Fund is being praised for a decisive response to the world financial crisis, Bloomberg reports. Europe’s chief banker says he’s “convinced the investigation will prove that Dominique Strauss-Kahn didn’t abuse power.”... More »

MORE ABOUT:
investigation • Paul Wolfowitz • International Monetary Fund • IMF • Iceland • probe • Dominique Strauss Kahn • scandal • financial crisis • Bretton Woods • Piroska Nagy

 IMF Chief Probed Over Affair

Investigation rattles key organization during financial crisis

Oct 18, 08 9:51 AM CDT
(Newser) - In a shakeup amid the financial crisis, the International Monetary Fund is investigating whether its managing director abused his position in an affair with a subordinate, the Wall Street Journal reports. Backed by US and Russian representatives, Egypt’s rep to the IMF called for the probe into the relationship... More »

MORE ABOUT:
investigation • Paul Wolfowitz • International Monetary Fund • affair • Dominique Strauss Kahn • financial crisis

OPINION

From Carnage
of Crisis Rises Vast Opportunity

World must act to overhaul finance for next era: Gordon Brown

Oct 17, 08 7:31 AM CDT
(Newser) - The British plan to recapitalize world banks helped calm global markets, but Gordon Brown isn't done yet. In an op-ed for the Washington Post, the prime minister declares that we face "a defining moment for the world economy" on par with the aftermath of World War II, and that... More »

MORE ABOUT:
globalization • World Bank • International Monetary Fund • Gordon Brown • global economy • regulation • financial crisis • Bretton Woods

Recession May Take Down More Banks: Expert

'Worst is yet to come' for US economy, economist warns

Aug 19, 08 4:09 PM CDT
(Newser) - The credit-market slump could take a further toll on the largest US banks, a former chief economist of the International Monetary Fund tells Bloomberg. Claiming “the worst is yet to come,” Kenneth Rogoff says the financial sector “needs to shrink” before the economy will recover, and that... More »

MORE ABOUT:
International Monetary Fund • Henry Paulson • recession • credit crisis • economy • Kenneth Rogoff • banks

 China's Economy Will Dwarf US 

Twice the size of the US economy by 2050: report

Jul 9, 08 7:33 AM CDT
(Newser) - China is the world's economic superpower of the future and will dwarf the financial might of the US, according to a new study by an American research organization. China's economy will surpass the US economy by 2035—and be more than double its size by 2050, predicts the report by... More »

MORE ABOUT:
China • United Nations • World Bank • International Monetary Fund • US economy • Chinese economy • Chinese Communist party • Carnegie Endowment for International Peace

Food Crisis Lurks in Soaring Prices, Says
IMF Chief

Predicts widespread starvation, conflict

Apr 13, 08 9:44 AM CDT
(Newser) - Rising food prices may soon have dire global consequences with starving people rioting in the streets, warns the head of the International Monetary Fund. “Hundred of thousands of people will be starving,” he said yesterday at a meeting in Washington. “Children will be suffering from malnutrition, with... More »

MORE ABOUT:
food • ethanol • International Monetary Fund • protests • starvation • crops • price • food prices • malnutrition • trade affairs

Surging Energy Prices Drive Global Inflation 

Food costs, up 83%
in 3 years, also slap worldwide economies

Apr 10, 08 12:00 PM CDT
(Newser) - Inflation in Europe and the US is projected to reach its highest point since 1995, the Wall Street Journal reports, with food prices up 83% in three years and rising energy and transportation costs. The International Monetary Fund predicts the US and Europe will see inflation of 2.6% this... More »

MORE ABOUT:
food • inflation • World Bank • Federal Reserve • International Monetary Fund • consumer prices • food prices

1 - 20 of 32 Stories | 1 2 Next >>


from our news partners