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IMF Chief Georgieva Tells Creditors on Debt Restructuring: 'Get It Done'

By Andrea ShalalWASHINGTON (Reuters) - Private and sovereign creditors should accelerate work on debt restructuring efforts for countries like Chad...
Tags: Imf, Andrea, Georgieva, Reuters Private


Omicron Variant Likely to Usher Growth Downgrades - IMF's Georgieva

NEW YORK (Reuters) - Recent global economic growth projections from the International Monetary Fund are likely be downgraded due to the emergence...
Tags: New York, International Monetary Fund, Imf, Reuters, Georgieva


IMF Says Chief Economist Gopinath to Replace Okamoto as No. 2 Official

WASHINGTON (Reuters) - The International Monetary Fund said its second ranking official, First Deputy Managing Director Geoffrey Okamoto, will...
Tags: Washington, International Monetary Fund, Imf, Reuters, Okamoto, Gopinath, Geoffrey Okamoto


Peru Says IMF Sees Leeway to Hike Taxes on Mining Sector -Finance Ministry

LIMA (Reuters) - Peru's finance ministry said on Thursday that International Monetary Fund officials had concluded there is leeway in the country's...
Tags: Peru, International Monetary Fund, Imf, LIMA Reuters Peru, Mining Sector Finance Ministry


Honduras' Castro to Seek New Debt Deal With IMF, Opposes Tax Hikes

By Gustavo PalenciaTEGUCIGALPA (Reuters) - Honduran opposition presidential candidate Xiomara Castro will seek to negotiate a new debt deal with...
Tags: Imf, Reuters, Gustavo, Xiomara Castro, Honduras Castro


Upcoming Action Movies To Keep On Your Radar

Superhero movies haven't killed action films the way video did the radio star dirty, but they have boxed them out as the genre entertainment of choice for audiences seeking high-octane thrills and spectacle. And even most of the action franchises that have continued to thrive over the last decade, like "Fast & Furious," have evolved in such a way that they're practically superhero films in their own right now. Heck, there was a whole running joke in "F9: The Fast Saga" about how invulnerable the...
Tags: Jessica Chastain, Movies, Trinity, John, Warner Bros, Deadpool, Sylvester Stallone, Avery, Neil Patrick Harris, Tom Cruise, Keanu Reeves, Marvel Studios, Imf, Pitt, Lupita Nyong, Leitch


GDP represents the sum total of a nation's output and income

GDP is most commonly discussed in terms of its growth or contraction.AndreyPopov/Getty Gross domestic product is the total value of goods and services produced in a country over a period of time. There are various ways to calculate GDP and different types of GDP that look at different factors. GDP is used to track economic expansion or contraction but lacks some important nuance. Visit Insider's Investing Reference library for more stories. Gross domestic product (GDP) is a measurement of...
Tags: Greece, US, Trends, Social Security, Federal Reserve, PPP, Imf, Fed, BEA, Pendergast, Melanie Lockert, Jim Pendergast, US Bureau of Economic Analysis BEA, Southern Bank Company, USThe International Monetary Fund IMF, Global Financial Stability Reports Quick


Bitcoin is too volatile to be used as legal money, according to Bank of England’s Chief

Bank of England governor Andrew Bailey has expressed concerns over El Salvador’s adoption of Bitcoin as legal tender after President Nayib Bukele announced the launch of Bitcoin City. Trading around $43,000 on the first day of El Salvador’s Bitcoin adoption as legal tender, Bitcoin surged to a new historical high above $68,000 on Nov. 9. The IMF previously issued a warning against El Salvador’s Bitcoin Law in June, which didn’t prevent the country from adopting it and accepting BTC as legal ten...
Tags: Business, England, News, Bank Of England, Bitcoin, El Salvador, Btc, Cryptocurrency, Imf, Andrew Bailey, NAYIB BUKELE


IMF Deal With Pakistan Would Revive $6 Billion Bailout

The International Monetary Fund says it has reached a preliminary agreement with Pakistan, toward reviving a $6 billion bailout for the Islamic nation.
Tags: Pakistan, International Monetary Fund, Imf


IMF to Revive $6 Billion Pakistan Funding Programme

By Asif ShahzadISLAMABAD (Reuters) -The International Monetary Fund (IMF) said on Monday it has reached an agreement with Pakistan that will help...
Tags: Pakistan, Imf, Reuters, International Monetary Fund IMF, Asif


An Afghan women's rights activist might have been tricked into going to a safe house and then found dead. Others hoping to escape or live freely in the country worry they could be next

A woman walks past a mural in Mazar-i-Sharif on Oct. 31, 2021.WAKIL KOHSAR/AFP via Getty Images Frozan Safi, a well-known women's rights defender, was found dead this month in Mazar-e Sharif, a city in northern Afghanistan. A widely-seen security warning that spread over messaging apps was probably a hoax but contributed to the unease.  The city has served as one of the hubs for people looking to leave Afghanistan since the Taliban took power on Aug. 15.  In early November, Frozan Safi, a...
Tags: US, Trends, Afghanistan, Canada, Taliban, Kabul, World Bank, Ashraf Ghani, Human Rights Watch, Ali, Imf, Afp, Blue Mosque, Jalalabad, Sharif, Mazar


Argentina Says to Agree Economic Plan With IMF Staff Before Sending It to Congress

By Hugh Bronstein and Nicolás MisculinBUENOS AIRES (Reuters) - Argentina's government plans to agree on its new multiyear economic plan with...
Tags: Congress, Argentina, Imf, Reuters Argentina, Hugh Bronstein


IMF Urges China to Tackle Financial Risks in 'Clear and Coordinated' Fashion

By Leika KiharaTOKYO (Reuters) - China must address financial risks in a "clear and coordinated fashion" and temporarily shift its fiscal policy to...
Tags: China, Imf, Leika KiharaTOKYO Reuters China


A murder, a warning, and a sense of existential dread in Afghanistan

A woman walks past a mural in Mazar-i-Sharif on Oct. 31, 2021.WAKIL KOHSAR/AFP via Getty Images Frozan Safi, a well-known women's rights defender, was found dead this month in Mazar-e Sharif, a city in northern Afghanistan. A widely-seen security warning that spread over messaging apps was probably a hoax but contributed to the unease.  The city has served as one of the hubs for people looking to leave Afghanistan since the Taliban took power on Aug. 15.  In early November, Frozan Safi, a...
Tags: US, Trends, Afghanistan, Canada, Taliban, Kabul, World Bank, Ashraf Ghani, Human Rights Watch, Ali, Imf, Afp, Blue Mosque, Jalalabad, Sharif, Mazar


A murder, a warning, and existential dread in Afghanistan

A woman walks past a mural in Mazar-i-Sharif on Oct. 31, 2021.WAKIL KOHSAR/AFP via Getty Images Frozan Safi, a well-known women's rights defender, was found dead this month in Mazar-e Sharif, a city in northern Afghanistan. A widely-seen security warning that spread over messaging apps was probably a hoax but contributed to the unease.  The city has served as one of the hubs for people looking to leave Afghanistan since the Taliban took power on Aug. 15.  In early November, Frozan Safi, a...
Tags: US, Trends, Afghanistan, Canada, Taliban, Kabul, World Bank, Ashraf Ghani, Human Rights Watch, Ali, Imf, Afp, Blue Mosque, Jalalabad, Sharif, Mazar


IMF Warns Inflation Could 'Become More Sticky' in Some Parts of World

WASHINGTON (Reuters) - Inflation could "become more sticky" in some parts of the world if supply chain disruptions continue or inflation...
Tags: Washington, Imf, Reuters Inflation


Whitebridge APAC Hotels Monitor - Issue 8

Recent IMF projections have indicated that GDP could grow more slowly in 2021 than anticipated in April this year because of new C19 outbreaks in various locations around the region. Although APAC remains the fastest growing region in the world, there is increasing diversion within between advanced and emerging marketeconomies, reflecting differing vaccination rates and levels of policy support.
Tags: Travel, Imf, APAC


Kazakhstan Should Raise Some Taxes, May Need to Hike Interest Rates - IMF

ALMATY (Reuters) - Kazakhstan could support fiscal consolidation by raising some tax rates including VAT and may need to further raise interest...
Tags: Kazakhstan, Imf, Almaty, Reuters Kazakhstan


Glencore Assurances on Chad Pave Way for IMF Lending Program -Sources

LONDON/WASHINGTON (Reuters) - Glencore has offered assurances over the restructuring of Chad's more than $1 billion commercial debt, paving the way...
Tags: Chad, Imf, LONDON WASHINGTON, Reuters Glencore, Glencore Assurances on Chad Pave Way


IMF Meets Salvadoran Delegation in Washington

NEW YORK (Reuters) - The International Monetary Fund said on Wednesday it has been meeting this week in Washington with a delegation from El...
Tags: Washington, International Monetary Fund, Imf, NEW YORK Reuters


IMF expects GCC reserves to grow by $300-$350 bln in three years on higher oil prices | Reuters

IMF expects GCC reserves to grow by $300-$350 bln in three years on higher oil prices | Reuters The International Monetary Fund expects the foreign reserves of the six oil-rich Arab countries of the Gulf Cooperation Council (GCC) to increase by $300-$350 billion in the next three years, a senior official said on Tuesday.The GCC - which comprises Saudi Arabia, the United Arab Emirates, Kuwait, Qatar, Bahrain, Oman - "will benefit from the increase in oil prices", Jihad Azour, Director of the Mi...
Tags: Travel, Saudi Arabia, GCC, Middle East, Imf, Reuters, Gulf Cooperation Council GCC, Rupert Neil Bumfrey, Central Asia Department, Reuters The International Monetary Fund, United Arab Emirates Kuwait Qatar Bahrain Oman, Asharq TV Oil


IMF Expects GCC Reserves to Grow by $300-$350 Billion in Three Years on Higher Oil Prices

CAIRO (Reuters) - The International Monetary Fund expects the foreign reserves of the six oil-rich Arab countries of the Gulf Cooperation Council (...
Tags: International Monetary Fund, Imf, Cairo, Reuters


IMF Reaches Staff Agreement With Kenya in Step Towards $264 Million Disbursement

WASHINGTON (Reuters) - The International Monetary Fund said on Friday it reached a staff level agreement with Kenya on a second review of IMF loan...
Tags: Washington, Kenya, International Monetary Fund, Imf, Reuters


IMF Says Mexico's Inflationary Pressures Pose Difficult Balancing Act

MEXICO CITY (Reuters) - The International Monetary Fund (IMF) on Friday said Mexico's recent inflationary pressures, while mostly temporary, pose a...
Tags: Mexico, Imf, International Monetary Fund IMF, MEXICO CITY Reuters


El Salvador President Nayib Bukele says he will use some of his country's bitcoin profits to build 20 schools

Nayib Bukele APHOTOGRAFIA El Salvador will use a "few million" of its bitcoin profits to build 20 schools, President Nayib Bukele said Tuesday. The president spoke at an event where he laid the first stone of a bitcoin-funded veterinary hospital. El Salvador recently bought another 420 bitcoin to bring its total holdings to 1,120, worth around $69 million. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. El Salvador will use some of its profits from its bitcoin h...
Tags: Trends, El Salvador, Imf, NAYIB BUKELE, Bukele, Opening Bell El Salvador, Camomile Shumba, Casa Presidencial, APHOTOGRAFIA El Salvador


If Biden actually wants to help Iranians, there's an easy way to do it

Dancers perform during an event to mark Iran's National Day of Nuclear Technology in Tehran, April 8, 2008. REUTERS/Raheb Homavandi The Biden administration has said more than once that it wants to tailor US sanctions to avoid unintended harm. Despite that goal, many people, including 84 million Iranians, still suffer under US sanctions despite technical exemptions. Mani Mostofi is the director of the MIAAN Group. Last Monday, the Biden administration published its 2021 sanctions revi...
Tags: Politics, Opinion, Washington, US, Trends, Iran, United States, Un, Biden, Tehran, Imf, Iran Nuclear Deal, Trump, Reuters, Islamic Republic, Treasury Department


IMF Struggling Over Long-Awaited 'Green Debt Swap' Push as COP26 Nears

By Andrea ShalalROME (Reuters) - The IMF is narrowing its push for debt-for-climate swaps to focus on countries without major debt issues and has...
Tags: Imf, Reuters, Andrea


IMF Sees Strong Foundations for Global Recovery, Big Downside Risks

By Andrea ShalalWASHINGTON (Reuters) - Extraordinary policy measures led by Group of 20 economies and COVID-19 vaccines are underpinning a global...
Tags: Imf, Reuters, Andrea


IMF's Georgieva Defends Brazil Climate Language After Staff Petition

By David Lawder and Andrea ShalalWASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva defended the fund's...
Tags: Imf, Andrea, Reuters International Monetary Fund, Kristalina Georgieva, Georgieva, David Lawder


Exclusive-World Bank Denies IMF Chief Georgieva's Bid for Meeting to Defend Herself -Sources

By Andrea ShalalWASHINGTON (Reuters) - The World Bank's board has turned down a request by IMF Managing Director Kristalina Georgieva for a meeting...
Tags: Imf, Andrea, Kristalina Georgieva, Georgieva, Reuters The World Bank