Apr 10 Economic devastation looms on a Good Friday like no other By Aritz Parra, Elena Becatoros, Associated Press As Christians around the world observed a Good Friday like no other, at home watching livestreams instead of at church, pressure mounted on governments to restart some industries and fend off further economic devastation from the coronavirus. Continue reading
Mar 27 IMF head says global economy now in recession By Martin Crutsinger, Associated Press IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recovery in 2021. But she said this would only occur if nations succeed in containing the coronavirus and limiting the economic damage. Continue reading
Mar 12 Iran asks for billions in loans as virus death toll climbs By Nasser Karimi, Aya Batrawy, Associated Press Iran asked the International Monetary Fund for a $5 billion loan to fight the coronavirus, the first time since the 1979 Islamic Revolution that it has sought such assistance, in a staggering admission of how fragile its economy has become… Continue reading
Mar 05 Watch 11:05 How the IMF is trying to reduce the economic fallout of novel coronavirus Restrictions intended to control the global outbreak of novel coronavirus continue to increase. In many countries, schools are closed, travelers face quarantine and business has ground to a halt. William Brangham reports and Judy Woodruff talks to Kristalina Georgieva, managing… Continue watching
Oct 15 IMF downgrades world’s economic outlook, citing trade wars By Martin Crutsinger, Associated Press The International Monetary Fund predicts that growth this year will be the weakest since the 2008 financial crisis. Continue reading
Sep 25 Bulgarian economist to head International Monetary Fund By Martin Crutsinger, Associated Press Kristalina Georgieva succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank. Continue reading
Apr 26 U.S. economy grew 3.2 percent in Q1. Could that alleviate recession worries? By Gretchen Frazee GDP outpaced expectations in the first three months of 2019, but lackluster consumer spending has some economists predicting growth will dip later this year. Continue reading
Apr 11 IMF official warns global economy facing various threats By Martin Crutsinger, Paul Wiseman, Associated Press IMF Managing Director Christine Lagarde said that while her agency is forecasting a rebound in growth next year that forecast is "subject to downside risks."… Continue reading
Apr 02 IMF chief says global economy is at a ‘delicate moment’ By Martin Crutsinger, Associated Press Christine Lagarde said the IMF does not forecast a recession in its updated economic outlook to be released next week, but she called the current situation "precarious."… Continue reading
Jan 21 IMF predicts global economic growth to slow amid trade tensions By Paul Wiseman, Associated Press The International Monetary Fund expects 3.5 percent global growth this year, down from 3.7 percent in 2018. Continue reading