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2 mins read
The IMF slams the US with urgent warnings over its debt, deficits, and trade barriers
While the IMF touted "remarkable" US growth, Washington needs to urgently address stability issues …
Filip De Mott
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
2 mins read
China's push to internationalize the yuan and reduce dependence on the US dollar is working, economist says
The yuan has seen a boost in the share of global payments using the currency this year, which could…
Aruni Soni
2 mins read
Dollarization would eliminate Argentina's future inflation risk, former IMF board member says
"Dollarization would be very positive for Argentina," said Mark Rosen, who was a US member of the I…
Filip De Mott
1 min read
The current banking crisis is a 'worldwide phenomenon' that started long before SVB failed, Harvard professor and former IMF economist says
A leading scholar of financial crises says the banking crisis ensued after a number of years of ult…
Morgan Chittum
2 mins read
The US needs to get its ballooning debt problems under control to keep the dollar dominant, former IMF official says
US debt could notch 181% of GDP over the next 30 years, according to a recent Congressional Budget …
Jennifer Sor
1 min read
Vladimir Putin's war with Ukraine is boosting Russia's economy, IMF says
The IMF now expects Russia's GDP to more than double to 2.6% this year and flagged "high military s…
George Glover
2 mins read
The IMF is predicting more pain for global stocks as central banks tighten monetary policy
"We could certainly see further tightening of financial conditions," the IMF told CNBC. "Risk asset…
Isabelle Lee
2 mins read
Homeowners in these countries are facing the greatest risk of defaults from steeper mortgage payments, says IMF
The IMF says falling home prices could pressure financial markets as interest rates rise. Here's it…
Carla Mozée
3 mins read
India is a bright light economy, but key structural reforms needed for $10 trillion GDP: IMF chief economist
India has emerged as "a bright light" at a time when the world is facing imminent prospects of a re…
PTI
2 mins read
Dollarization is the only way out for Argentina from its deepening debt trap, top economist Steve Hanke says
The top economist's comments as the South American nation struggles with a collapsing currency, tri…
Zahra Tayeb
2 mins read
The dollar's demise has been over-exaggerated
Dollar holdings actually gained last year among global reserves, casting a shadow over last year's …
Filip De Mott
2 mins read
Stock market today: US stocks end mixed as bond yields climb ahead of latest inflation data
The 10-year Treasury yield reached a 2024 high Monday as investors continue to adjust their expecta…
Filip De Mott
1 min read
Recession risks are heightened amid stubbornly high inflation and banking sector turmoil, IMF says
"Recession concerns have gained prominence, while worries about stubbornly high inflation persist."
Morgan Chittum
1 min read
India's GDP grows 7.6% in July-September quarter
The Indian economy grew 7.6% during the July-September quarter of the current financial year 2023-…
ANI
2 mins read
IMF advises Pakistan not to create a preferred investors' group and to ensure transparency
The IMF has advised cash-strapped Pakistan against creating a group of preferred investors or disto…
PTI
3 mins read
How the Fed is reshaping the labor market and why the nature of work is shifting, according to LinkedIn’s principal economist
Insider's Phil Rosen interviews Guy Berger, LinkedIn's principal economist and head of macroeconomi…
Phil Rosen
4 mins read
Who is Nouriel Roubini, Wall Street's 'Dr. Doom' economist who has warned of catastrophe for 2 decades?
The economist has been loudly calling for the economy to enter a tailspin, continuing a long run of…
Jennifer Sor
2 mins read
China's economy may not overtake the US, but a Trump presidency would still help Beijing: former IMF official
China will find it hard to sustain a growth rate at 4% to 5% in the next few years, said Eswar Pras…
Huileng Tan
2 mins read
Sanctions on Russia could eat away at the dollar's global dominance and boost the use of crypto, IMF says
As countries turn to other currencies in international trade, "fragmentation at a smaller level is …