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IMF recommends Iceland keep currency controls
Reykjavik - The International Monetary Fund (IMF) has recommended Iceland maintain currency controls for the time being in order to ensure a stable currency, according to a report released Tuesday. The Icelandic central bank published the 98-page rep...
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Finance (General) ]
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Police break up Istanbul protests with tear gas
Istanbul - Police have used tear gas and water cannon to break up protests Tuesday against the World Bank and the International Monetary Fund, which are having their annual meetings in Istanbul. A crowd of several hundred had gathered in downtown Ist...
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Middle East (World) ]
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Asia leads recovery, but painful transition ahead
Istanbul - Asia may be leading the global economic recovery, but it could face a period of slower growth and rising unemployment in coming years as it transitions from exports to domestic demand, the International Monetary Fund (IMF) said Sunday. Gov...
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Business ]
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World Bank-IMF meetings end with call for reform
Istanbul - The annual meeting of the World Bank and International Monetary Fund was formally concluded Wednesday in Istanbul with an appeal to nations to pursue reforms while dealing with the global economic crisis. In remarks wrapping up the confere...
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Business ]
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Ukraine demands quick IMF payment to prevent gas crisis
Brussels - The International Monetary Fund should speed up a 3.8-billion-dollar loan to Ukraine so that the former-Soviet state can buy natural gas and prevent a new crisis in Europe, Ukraine's deputy prime minister said Wednesday. We need a short-t...
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Business ]
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Ukraine to pay off latest Russia gas debt from IMF account
Kiev - Ukraine will pay off its most recent outstanding gas debt to Russia by drawing on a special use International Monetary Fund (IMF) account, government officials said Friday. I hope that by the end of today (Friday), we can inform you of a succ...
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Business ]
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EXTRA: Protester throws show at IMF chief
Istanbul - A protester threw a shoe at the chief of the International Monetary Fund (IMF) on Thursday and tried to storm the stage at a Turkish university. IMF Managing Director Dominique Strauss-Kahn was holding a townhall-style meeting at Bilgi Uni...
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Finance (General) ]
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Europe faces sluggish recovery in 2010, warns IMF
Istanbul - The worst may be over, but Europe will still face a sluggish recovery in coming years that is underlined by high unemployment, the International Monetary Fund said Thursday. In its semi-annual World Economic Outlook, the IMF revised upward...
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Business ]
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IMF: Emerging Asia leads the world back into growth
Istanbul - The International Monetary Fund (IMF) sharply raised its growth forecast for China on Thursday as part of what it called a remarkable turnaround by emerging Asian nations that are driving a global economic recovery. China's economy will ...
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Business ]
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IMF sees global rebound, revises forecasts - 2nd Update
Istanbul - The world economy has pulled out of its worst recession since World War II and will stage a sluggish recovery in the coming year, the International Monetary Fund said in a revised economic forecast released Thursday. But the IMF warned the...
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Business ]
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IMF sees global rebound, revises forecasts - Update
Istanbul - The world economy has pulled out of its worst recession since World War II and will stage a sluggish recovery in the coming year, the International Monetary Fund said in an economic forecast released Thursday. But the IMF warned the recove...
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Finance (General) ]
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