US stance against China-led bank 'idiotic'

2015-03-26 13:00

Washington's opposition to a new China-led development bank is "embarrassing" and "idiotic", as an increasing number of US allies embrace the institution.

EU tells Greece time, patience running out

2015-03-20 10:00

Eurozone leaders have told Greece its leftist-led government must implement agreed reforms to avert a looming cash crunch that could force it out of the euro.

Tsipras to keep his word amid German spat

2015-03-13 11:15

Greece reassures its eurozone partners to stick with its bailout plan from international creditors, this is despite a spat between Athens and Berlin.

Mixed messages on third Greek bailout talks

2015-03-03 11:15

Eurozone countries are discussing a third bailout for Greece, says Spain's economy minister, but EU officials say there were no such talks.

Ghana reaches agreement with IMF on $1bn aid

2015-02-26 16:00

Ghana has reached an agreement with the IMF for a three-year aid deal worth around $1bn aimed at restoring fiscal stability to the West African state, a source says.

What's at stake in Greece's bailout negotiations?

2015-02-18 09:45

Greece is at odds with its eurozone partners over the future of the country's bailout after its new left-wing government pledged to end austerity.

Euro dips despite better eurozone growth data

2015-02-15 13:30

The euro has dipped against other major currencies despite improved growth numbers in the ailing eurozone, as the market worries about Greece's debt crisis.

UK, US call for G20 countries to reform economies

2015-02-09 15:15

The UK and the US have called on leading world powers to overhaul their economies and keep budgets in line to encourage growth as G20 finance ministers meet in Istanbul.

Rushed growth at Ecobank concerning - IMF

2015-02-06 17:45

Rushed growth and poor governance at pan-African lender Ecobank poses serious concerns, says the IMF in a report

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.


US changes tack after diplomatic setback

2015-03-24 10:45

The Obama administration, stung by allies who have thrown their weight behind a new China-led development lender, has turned its focus to a new front.

Greece repays IMF loan as talks resume

2015-03-16 14:15

Cash-strapped Greece has made a loan repayment to the International Monetary Fund as it embarked on technical discussions with its international lenders.

Zim needs credible plan to clear arrears - IMF

2015-03-04 21:15

The IMF says it will consider extending new financial support to Zimbabwe only if it agrees to clear arrears with international financial institutions.

Matthew Lester: Budget 2015/16 – Is the new South Africa sustainable?

2015-02-26 16:12

The policy changes of government will cost a fortune. With tax revenue streams showing little real growth, the changes are not sustainable. – Matthew Lester gives commentary on the income tax tables released earlier in today’s Budget.

Greece makes more concessions to eurozone

2015-02-24 13:45

Greece's new leftist-led government has climbed down further to eurozone creditors on its plans to halt privatisations, boost welfare and raise the minimum wage.

Prosecutors sum up in Strauss-Kahn pimping trial

2015-02-17 13:48

French prosecutors will make their final arguments in Dominique Strauss-Kahn's pimping trial, after two ex-prostitutes dropped a civil suit against the former IMF chief.

G20 pledges decisive monetary, fiscal action

2015-02-10 18:00

The Group of 20 leading economies will pledge to act decisively on monetary and fiscal policy if needed to combat the risk of persistent stagnation.

No more money with strings attached - Greece

2015-02-09 10:45

Greece's new leftist-led government, isolated in the eurozone, says it wants no more bailout money with strings attached from the EU and the IMF.

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.

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