IMF
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IMF warns of 'costly' no-deal Brexit
The UK's Chambers of Commerce has revised its UK growth estimates down in the face of Brexit. It was a stark warning, reiterated by IMF head Christine Lagarde, who said that a…
People & Profit
Peso pressure: Argentina faces new economic crisis
What went wrong in Argentina? The peso has lost half of its value against the dollar this year - and the government's been forced to slash spending and impose new taxes in an…
Business Daily
IMF's Lagarde to meet Argentinian minister as crisis deepens
The head of the International Monetary Fund, Christine Lagarde, is to meet Argentina's finance minister in Washington later to discuss a request to speed up payments from the…
After Morsi: Egypt's economy improves amid oppression
Five years after the deposal of Mohamed Morsi, Egypt’s first democratically elected president, the country’s long-ailing economy appears to be on the path to recovery. But at…
Argentina hikes interest rate to 60% amid currency slide
Argentina's Central Bank hiked its benchmark interest rate from 45 to 60 percent on Thursday in a dramatic but fruitless bid to shore up the peso, which plunged to a record low…
Argentina hikes interest rate amid currency slide
2018-08-30 17:35 Argentina hikes interest rate amid currency slide
Business Daily
Argentina seeks accelerated bailout payments from IMF
The International Monetary Fund has agreed to examine a request from Argentina to receive more of its $50bn bailout loans sooner, this amid the plunging value of the country's…
Argentina asks for early release of IMF funds amid financial crisis
Argentina's President Mauricio Macri said Wednesday that the International Monetary Fund has agreed to accelerate funding in support of his government's austerity program, but…
Greeks see no cause for celebration as bailout ends
As Greece officially emerged from an eight-year-long bailout programme on Monday few see reasons to celebrate, with one in five Greeks unemployed, incomes down by a third and…
Greek bailout ends, but fears remain for eurozone debt
Greece officially emerges from its bailout program on Monday, after eight years of cutbacks enforced in return for massive loans and an economic collapse on the scale of the…
Erdogan vows Turkey will not be cowed by US
Turkish President Recep Tayyip Erdogan declared Saturday that his country would not be cowed by the United States, his latest broadside in the bitter feud between Ankara and…
'No IMF plan,' says Erdogan son-in-law, Turkey's finance czar
Turkey sought Thursday to reassure investors rattled by the crash of the Turkish lira, insisting the country would emerge stronger and has no need for an IMF bailout.
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