By Associated Press
The International Energy Agency expects demand for oil to fall by 435,000 barrels per day in the first quarter as a result of the virus outbreak from China. Any fall would be the first quarterly decline in a decade. The…
By Paul Wiseman, Anne D'Innocenzio, Associated Press
If much of industrial China remains on lockdown for the next few weeks — a very real possibility — Western retailers, auto companies and manufacturers that depend on Chinese imports will start to run out of the goods they depend…
By Gretchen Frazee
International health experts say they are doing everything they can, in partnership with China, to contain the virus. Whether they are successful over the coming days and weeks could determine whether the virus ends up being relatively minor hit or…
By Martin Crutsinger, Associated Press
The International Monetary Fund predicts that growth this year will be the weakest since the 2008 financial crisis.
GDP outpaced expectations in the first three months of 2019, but lackluster consumer spending has some economists predicting growth will dip later this year.
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."…
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."…
By Paul Wiseman, Associated Press
The International Monetary Fund expects 3.5 percent global growth this year, down from 3.7 percent in 2018.
By Vikram Mansharamani
Colombia's peace deal could open up significant opportunities in tourism and mining, and the country has a wealth of agricultural land waiting to be put to use.
Since Nigeria’s central bank announced it would abandon its currency’s dollar peg, the naira has fallen 61 percent against the U.S. dollar.
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