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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   


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2 mins read

Asia to contribute 60 pc of global growth in 2024: IMF official

Asia remains the engine of economic growth and it is on track to deliver 60 per cent of global grow…

ANI   


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2 mins read

Huge growth in an 'opaque' corner of global finance could be a risk to broader market stability, IMF warns

"The migration of this lending from regulated banks and more transparent public markets to the more…

Filip De Mott   


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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   


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1 min read

AI will be bad news for plenty of workers, warns IMF chief

Kristalina Georgieva told the World Economic Forum in Davos about the risks of AI, which could also…

George Glover   


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1 min read

Third of global economy will be in recession this year, says IMF

International Monetary Fund (IMF) chief Kristalina Georgieva has warned that a third of the global …

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2 mins read

Global economy dangerously close to a recession: World Bank

"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, t…

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2 mins read

US commercial real estate is suffering one of the steepest price declines in at least half a century, IMF warns

US commercial real estate is undergoing a striking level of price decline, the International Moneta…

Filip De Mott   


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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   


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2 mins read

The IMF thinks we may actually skirt a recession. It is also surprisingly upbeat about Russia's economy.

It expects the world economy to grow by 2.9% in 2023 — higher than its October forecast— thanks to …

Huileng Tan   


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2 mins read

The IMF thinks we may actually skirt a recession. It is also surprisingly upbeat about Russia's economy.

It expects the world economy to grow by 2.9% in 2023 — higher than its October forecast— thanks to …

Huileng Tan   


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2 mins read

It's only going to get tougher for global growth this year as economies navigate 'very choppy waters', IMF chief says

"It's going to be a tough '22, but maybe even a tougher 2023," IMF boss Kristalina Georgieva told R…

Zahra Tayeb   


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2 mins read

The IMF warns of bond market risks amid fears of a Silicon Valley Bank repeat

The IMF called for regulators to increase their scrutiny of the financial sector, as higher yields …

Filip De Mott   


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2 mins read

IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates

The US is likely to narrowly avoid falling into a recession, and there's a chance the Fed can nail …

Zinya Salfiti   


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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   


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2 mins read

IMF warns of an increased risk of recession in the next 12 months, says the global economy has 'darkened significantly'

The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hun…

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4 mins read

The ‘Godot’ recession could be pushed back further, SVB crisis could force US Fed to pause rate hikes

The Silicon Valley Bank (SVB) crisis coupled with robust economic performance around the world desp…

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1 min read

A Russian gas cutoff would send Europe into recession unless nations around the world pooled their dwindling supplies together, IMF says

Under a best-case scenario, the EU's economy would contract by 0.4%, but shrink by more than 2% in …

Phil Rosen   


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1 min read

Oil prices plunge as global growth and US recession warnings keep piling up

The IMF slashed its forecast for global economic growth to 3.6% for 2022 and 2023, while Fannie Mae…

Brian Evans   


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3 mins read

IMF lowers India's GDP growth projections to 5.9% for FY24

The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India w…

ANI