International Monetary Fund (IMF)

 
IMF head Christine Lagarde found guilty of negligence in French tycoon payout trial
IMF head Christine Lagarde found guilty of negligence in French tycoon payout trial
French judges found International Monetary Fund (IMF) chief Christine Lagarde guilty of negligence on Monday for failing to challenge a state...
Africa snared in a web of eurobond debt
Africa snared in a web of eurobond debt
The 2008 economic crisis is the largest factor that has driven developing countries to seek alternative sources of finance for social and developmental infrastructure. This is because of drying up bilateral loans and grants from Europe and the United States....
Undisclosed loans put Mozambique in IMF dog box
Undisclosed loans put Mozambique in IMF dog box
Mozambique’s Eurobond yields rose for a fifth day to a record level after the International Monetary Fund (IMF) said that it hadn’t disclosed...
Germany backs Greece's third bailout
Germany backs Greece's third bailout
Germany’s lower house backed the programme following a three-hour debate on Wednesday, with 454 in favor, 113 against and 18 abstentions. A...
IMF rethinks its labour market ideas
IMF rethinks its labour market ideas
COMMENT
Tsipras braves Parliament over bailout as Greece outlook worsens
Tsipras braves Parliament over bailout as Greece outlook worsens
With Greece's finances deteriorating rapidly and its banks on the verge of collapse, the European Union has proposed a four-week bridging loan...
European summit strikes bailout deal to keep Greece in euro
European summit strikes bailout deal to keep Greece in euro
Greek Prime Minister Alexis Tsipras yielded to creditors' austerity demands after almost 17 hours of talks at a euro-area summit in Brussels ending...
Europe rebuffs Greek advance as poll shows voters mull 'Yes'
Europe rebuffs Greek advance as poll shows voters mull 'Yes'
As rationing of pensions began in the first week of capital controls, a survey showed more Greeks going against the government’s call to vote...
Tsipras under pressure to cede as Greece misses IMF payment
Tsipras under pressure to cede as Greece misses IMF payment
With Greek society feeling the pain of rationed bank withdrawals and pensions, the government is looking for a way out of economic ruin after a...
No change in Greek debt talks after another day of spin
No change in Greek debt talks after another day of spin
Traders latched on to an upbeat statement issued by a Greek government official on Wednesday afternoon asserting that negotiators were starting to...
Global fossil fuel subsidies cost the planet R63-trillion a year
Global fossil fuel subsidies cost the planet R63-trillion a year
People across the world are subsidising the fossil fuel industry to the tune of R63-trillion a year, according to 
Ghana moves cautiously over inflation
Ghana moves cautiously over inflation
Ghana's central bank unexpectedly raised its benchmark interest rate by one percentage point on Wednesday to keep inflation under control.

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