All posts tagged "International Monetary Fund"
Greece gets bailout inspection as unions raise rights claim
ATHENS, Greece – Bailout inspectors have returned to Athens for talks on more proposed austerity measures and reforms, while the country’s largest labor union made an international complaint against Greece, describing changes in the job market as...
- Posted October 21, 2016
Zombie Banks Are Stalking Europe’s Economy
FRANKFURT, Germany — The walking dead are gnawing at Europe’s weak economy – zombie banks and zombie companies. Almost a decade after the financial crisis that ravaged the global economy, analysts and top officials are warning that...
- Posted October 17, 2016
China Unveils Plan to Cut Corporate Debt with Stock Swaps
BEIJING — Chinese authorities unveiled plans Monday to let companies give equity in themselves to banks to pay down soaring debt levels that economists warn might hamper the country’s already slowing growth. Companies that show “good prospects”...
- Posted October 10, 2016
Global Finance Leaders Contending with Anti-Trade Backlash
WASHINGTON — World finance officials, still searching for ways to rejuvenate a sluggish global economy, now face the added problem of dealing with a growing anti-trade backlash that threatens to make the economic situation worse. Officials say...
- Posted October 7, 2016
IMF Reduces Its Forecast for US Economic Growth this Year
WASHINGTON — The International Monetary Fund is downgrading its forecast for the U.S. economy this year and warns that political discontent threatens global growth. The IMF on Tuesday cut its estimate for U.S. economic growth in 2016...
- Posted October 4, 2016
Finance Leader: Bribes Eat Up $2 Trillion in Global Economy
IMF managing director asserts that around 2% of the global economy consists of bribe money
- Posted May 11, 2016