Strauss-Kahn: a powerful man undone by sex

2015-01-30 13:17

Power can be a heady aphrodisiac and Dominique Strauss-Kahn had plenty of it. But eventually his power, apparently used to feed his voracious sexual appetite, would prove his undoing.

Surge in dollar-debt leaves African nations bare

2015-01-28 11:21

A surge in foreign debt issuance by African nations has left some fragile economies exposed to the risk of billions of dollars in foreign exchange related losses.

IMF warns Africa of headwinds from China, US

2015-01-27 20:30

IMF head Christine Lagarde has warned that African economies could be hurt by a slowdown in China's economy and an imminent hike in US interest rates.

Davos debate degenerates over Europe economy

2015-01-22 16:49

Instead of being a serious debate about the merits of monetary stimulus, the panel at Davos quickly degenerated into a skirmish over the European economy.

Oil under pressure as IMF cuts growth forecast

2015-01-20 15:30

Oil has diverged, remaining under pressure as the International Monetary Fund slashed its world economic growth forecast and stoked demand fears.

IMF lowers SA growth forecast - report

2015-01-20 09:13

The International Monetary Fund has dropped its forecast for South Africa's economic growth in 2015 to 2.1%, according to a report.

German coalition mulls rising public investment

2015-01-16 10:30

The German government is considering increasing public investment from next year following news that it reached its goal to balance the federal budget.

Alec Hogg: What to expect from Davos 2015

2015-01-15 16:21

The World Economic Forum’s 2015 annual meeting starts in Davos next week.’s editor Alec Hogg will be participating for the 11th successive year.

IMF policies worsened Ebola, study shows

2014-12-31 05:00

The IMF was partially responsible for the scale of the Ebola crisis in three West African countries as its policies hampered healthcare spending, according to a new study.

Ghana urged to remove 'ghost workers'

2014-12-17 15:01

Ghana must remove "ghost workers" from its public sector payroll before the European Union resumes budget support , says the EU ambassador.

Zim gets $108m for electricity

2014-12-10 17:30

Zimbabwe has received a $108m grant from the African Development Bank to improve electricity and water supplies.

Oil price fall good news for world economy: IMF

2014-12-02 10:29

The plunge in oil prices may hurt some crude exporters but is overall a good thing for the world economy, International Monetary Fund Managing Director says.

The worst is over for Zim, says Chinamasa

2014-11-21 19:33

Zimbabwean Finance Minister Patrick Chinamasa has assured investors in South Africa that the economy is on the mend.

Low oil prices to boost global growth

2014-11-13 13:55

The fall in oil prices to their lowest levels in more than three years should give a boost to the sagging world economy, says the International Monetary Fund.

US urges IMF to cancel debt of Ebola-hit states

2014-11-12 08:03

The US HAS proposed that the IMF write off some $100m in debt it is owed by Guinea, Liberia and Sierra Leone to free up more resources for those countries, the hardest hit by the Ebola outbreak.

UAE economy recovering at fast pace - IMF

2014-11-05 20:14

The United Arab Emirates economy is recovering from the global financial crisis but remains threatened by low oil prices, the IMF says.

Cyprus court ruling opens way for bailout funds

2014-10-31 17:00

The Cypriot supreme court has ruled as unconstitutional four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments.

Eurozone in firing line over growth, Greece

2014-10-16 15:45

After a two year rest, the eurozone is back in the financial markets' firing line over stagnating growth, low inflation and budget problems in France and Greece.

Greece confident of exiting bailout scheme

2014-10-13 15:30

Greece says it is in the process of securing an early exit from its EU-IMF bailout scheme, which would make it the third eurozone country to leave the programme.

World economies warn of global risks

2014-10-12 10:50

The International Monetary Fund's member countries say bold action is needed to bolster the global economic recovery.

Bleak picture facing global finance officials

2014-10-09 19:59

World finance officials are seeking solutions for a weak and uneven global economy, which is under threat from Europe and Latin America to China and Japan.

Cut debt but spend for jobs - IMF

2014-10-08 19:00

The International Monetary Fund says advanced economies still hold too much debt, but even as they trim it they need to spend more to generate jobs.

IMF predicts mediocre world growth

2014-10-07 18:27

The International Monetary Fund has trimmed its global growth forecast for 2014 and next year, according its latest quarterly update.

German economy running out of steam

2014-10-07 17:15

German industrial output has plunged at its steepest rate since the height of the financial crisis, while the IMF cut its German growth forecast.

IMF warns on Ebola threat for Africa growth

2014-10-07 15:27

Sub-Saharan Africa's economic growth remains strong, but if the Ebola outbreak in its western corner is protracted it will have "dramatic consequences", warns the IMF.


Alec Hogg: Top 3 essential insights from WEF 2015

2015-01-28 14:34

Alec Hogg shares the most pertinent insights that he has gained from his attendance at the World Economic Forum in Davos, Switzerland, this year.

Here’s what you should know about Syriza and the Greek election

2015-01-28 07:59

The Greeks have elected a far-left, anti-austerity party called Syriza. This article will tell you all about Syriza, and the implications of the party’s victory.

Italy eyes 'bad bank' to clean up risky loans

2015-01-26 11:00

Italy is considering setting up a state-backed 'bad bank' to help clean up its banking sector, Economy Minister Pier Carlo Padoan says.

Oil export losses to reach $300bn in Middle East

2015-01-21 20:00

Losses from lower oil exports could sap up to $300bn from economies in the Middle East and Central Asia this year, the International Monetary Fund says.

European stocks win lift from German data

2015-01-20 14:44

Europe's leading stock markets have risen, winning a boost from German data and expectations of ECB stimulus, as investors also await key elections in Greece.

Alec Hogg: What to expect from Davos

2015-01-19 11:01

The World Economic Forum’s 2015 annual meeting starts in Davos next week.’s editor Alec Hogg will be participating for the 11th successive year.

IMF: Global outlook glum despite oil tumble

2015-01-16 09:09

A sharp drop in oil prices and a stronger US economy probably won't be enough to brighten the 2015 global growth outlook, warns the International Monetary Fund.

IMF to give millions to Ebola-hit nations

2015-01-09 14:00

The IMF is preparing $150m in additional support to Liberia, Sierra Leone and Guinea, the countries at the heart of the Ebola epidemic.

Experts slam IMF for rapid spread of Ebola

2014-12-30 11:55

Researchers say IMF policies favouring debt repayment over health spending hindered the response to the Ebola crisis, but the IMF denied this.

IMF urges SA to keep inflation in check

2014-12-11 08:42

Falling oil prices and cuts in stubborn government deficits are giving the Reserve Bank room to be accommodative, but it must remain vigilant on inflation, says the IMF.

Greece passes budget unpopular with unions

2014-12-08 09:45

The Greek government has passed a 2015 budget that has come under attack by both union leaders and the country's international creditors.

India under pressure to cut rates

2014-11-25 16:35

India's economic growth probably slowed to around 5% in the three months to September, putting pressure on the central bank to cut interest rates, sources say.

Debt relief for Ebola-hit countries

2014-11-13 20:48

The International Monetary Fund is set to discuss debt relief for Guinea, Liberia and Sierra Leone at the G20 meeting in Australia.

Ebola workers urge G20 leaders for more help

2014-11-13 08:00

Health workers on the frontline of West Africa's Ebola crisis have pleaded with G20 leaders for more resources, describing horrific working conditions as they attempt to contain the deadly outbreak.

Zimbabwe's economy at crossroads - IMF

2014-11-08 09:05

The economy is showing no signs of recovery after adverse weather, low exports and election uncertainty shattered growth prospects, says the International Monetary Fund.

Gulf energy subsidies worth $160bn a year

2014-11-05 09:45

Arab states in the Gulf, which pump a fifth of the world's crude oil, spend more than $160bn on energy subsidies annually, a top World Bank official says.

Zim bourse in record losses

2014-10-31 14:31

The Zimbabwean equities market recorded its worst trading month since the beginning of the year with two main indices falling sharply.

Ebola wrecks three west African economies

2014-10-14 07:00

Just as their economies have started to recover from the horror of coups and civil war, Guinea, Liberia and Sierra Leone have been knocked back down by Ebola.

IMF to maintain routine post-bailout review

2014-10-13 10:45

Greece has begun talks for ending International Monetary Fund aid to the country, but will continue to have routine post-bailout reviews.

Tokyo investors eye IMF, World Bank meetings

2014-10-10 11:38

IMF-World Bank meetings and their outlook on the global economy will be in focus for Japanese investors when theiy return to trading.

Ukraine lobbies Nato, IMF as deaths mount

2014-10-09 13:49

Ukraine has dispatched top envoys to Washington and Brussels to secure help in the face of a surge in clashes with pro-Russian insurgents that have killed eight more civilians and troops.

Eurozone banks unable to support growth - IMF

2014-10-08 16:08

Eurozone banks remain undercapitalised and unfit to lend at levels needed to restore sustainable growth in the currency area, says the International Monetary Fund.

EU leaders to meet over jobs crisis

2014-10-07 17:45

Italian Prime Minister Matteo Renzi has persuaded European partners to attend a meeting on jobs in Milan but he may struggle to get them to agree to do much.

ECB purchases could boost lending - IMF

2014-10-07 17:00

The European Central Bank's purchases of asset-backed securities could help address the problem of weak lending to small and medium-sized firms, says the IMF.

IMF sees Rwanda inflation at 3.2%

2014-10-06 19:30

Rwanda's inflation rate is expected to stand at 3.2% at the end of this year, according to the International Monetary Fund.

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