The monthly food supplies that were given out in February by an Athens Municipality-run centre are pictured in Athens, Greece.
Americans take shopping on a Sunday for granted. But Greece, a heavily religious country, has been reluctant to embrace the concept. Now, seven years into a financial crisis, the International Monetary Fund is insisting that the government allow Sunday shopping,…
By News Desk
The International Monetary Fund’s managing director, Christine Lagarde, was found guilty on Monday of misuse of public funds during her time as French finance minister, but she will not face any jail time.
A new outlook issued Wednesday by the International Monetary Fund drew some startling conclusions about the U.S. economy. The report asserts that the American middle class is gradually shrinking, the seven-year economic recovery is starting to slow and the pronounced…
By Benn Steil, Emma Smith
Global growth is stalling, and central banks are running out of options.
By PBS NewsHour
Even as Greece moves closer to a new European bailout deal, the International Monetary Fund has been pushing for debt relief for the struggling nation, adding tension to an already fraught situation. Gwen Ifill speaks to managing director Christine Lagarde…
In our news wrap Thursday, another day of Iran nuclear talks concluded without a deal. Iran’s state TV reported that negotiations are deadlocked, while Secretary of State John Kerry said the talks would not be open-ended. Also, the International Monetary…
By Associated Press
The world's financial leaders see a number of threats facing a global economy still on an uneven road to recovery with U.S. and European officials worrying that Greece will default on its debt.
By Martin Crutsinger, Associated Press
WASHINGTON — Finance officials from the world's major economies are searching for the right mix of policies to bolster a still-weak global recovery nearly six years after the Great Recession while confronting a range of new threats from a soaring…
By PBS NewsHour
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