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Coronavirus could damage global growth in 2020: IMF
Feb 16, 2020 14:09The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.
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Argentinians protest as government begins debt talks with IMF
Feb 13, 2020 08:14Thousands of people have protested in Argentina against their government’s dealings with the International Monetary Fund (IMF), as Buenos Aires opens week-long talks with the US-based organization in an attempt to seek relief from its foreign debt burden.
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Pakistan's deficit under microscope as IMF review begins
Feb 04, 2020 12:43Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as a review on the future course of its $6 billion financial aid program gets under way.
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BRICS members call for reform in UN, IMF, and WTO amid rising protectionism in the West
Nov 16, 2019 06:22Members of the international group of emerging nations, BRICS, have called for comprehensive reforms in the United Nations as well as global trade and monitory bodies, in the face of rising protectionism and unilateralism.
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IMF deputy head calls for negotiated solution to US-China trade dispute
Sep 03, 2019 04:42The United States and China should seek to find a solution to their differences through negotiations which follow a multilateral framework as the ongoing trade dispute between the pair threatens to drag down global economic growth, according to Zhang Tao, deputy managing director of the International Monetary Fund (IMF).
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IMF predicts US sanctions on Iran may weaken global economy
Jul 25, 2019 09:54The International Monetary Fund (IMF) has said that the illegal sanctions imposed by the United States on Iran would likely lead to a lower economic growth in the world next year.
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Public debt rapidly increases in Arab countries: IMF warns
Feb 09, 2019 10:04The International Monetary Fund (IMF) has warned of a “challenging” economic path that lies ahead of the Arab countries since their public debt has rapidly increased due to their high budget deficits.
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US using IMF, World Bank as weapons: WikiLeaks
Feb 07, 2019 09:43The US military views major global financial institutions like the World Bank, International Monetary Fund (IMF), and the Organization for Economic Cooperation and Development (OECD) as unconventional “weapons” that it can use to serve its own interests, according to a secret document released by WikiLeaks.
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US economy to slow next year: IMF chief economist
Dec 11, 2018 08:53The US is likely to feel the effects of sharply slowing economic growth elsewhere in the world, while the effect of US tax cuts and spending hikes diminishes, the chief economist at the International Monetary Fund has said.
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IMF warns of window ‘narrowing’ for global economy
Oct 13, 2018 14:32The window of opportunity for safeguarding global growth is "narrowing" as trade disputes deepen and emerging markets face fiscal crisis, the IMF said Saturday, warning countries against worsening things by weaponizing currency and interest-rate policies.