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Cyprus in limbo after rejecting bank seizures plan
Lawmakers in Cyprus decisively rejected a plan on Tuesday to seize up to 10 percent of people's bank deposits in order to secure an international ...
IMF delegation resumes talks with Egypt over loan
A top International Monetary Fund official has begun several more weeks of talks with Egyptian officials over the country's economic reform program ...
Cypriots' president defends bailout deal
Cyprus' president said Saturday that the decision to force bank depositors to share the burden of a €10 billion ($13 billion) bailout package from its ...
Cyprus secures $13 bn bailout from eurozone, IMF
Cash-strapped Cyprus secured a €10 billion ($13 billion) bailout package from its European partners and the International Monetary Fund in a bid to ...
IMF to visit Egypt as nation seeks economic help
The International Monetary Fund is sending a senior official to Cairo this weekend to discuss issues that have delayed a $4.8 billion loan seen as a ...
IMF says Europe's banking sector still fragile
Europe's banks are still fragile and the European Union has a way to go to make them stable, the International Monetary Fund said Friday in its first ...
Egypt declines $750 million IMF rescue loan
Egypt has rejected an offer of a $750 million rescue loan from the International Monetary Fund, the finance minister said Tuesday, ruling out a ...
Egypt's fuel crisis adds to its economic woes
At 5:00 am, Egyptian truck driver Allam Mahmoud hurried to a Cairo gas station and joined an already long, snaking line. He says he hopes that by the ...
Kerry says US releasing millions in aid to Egypt
U.S. Secretary of State John Kerry on Sunday rewarded Egypt for President Mohammed Morsi's pledges of political and economic reforms by releasing $250 ...
Kerry: Divided Egypt needs political compromise
Egypt's bickering government and opposition need to overcome their differences to create "a sense of political and economic viability" if the country ...
Egypt invites IMF to resume loan talks
Egypt's government said Thursday that it invited an International Monetary Fund delegation to the country in March to resume talks on a $4.8 billion ...
Strauss-Kahn: Leave me and my love life in peace
Dominique Strauss-Kahn says he's sick of people trying to exploit his private life to make money. The former International Monetary Fund chief filed ...
Putin urges G20 ministers to consider social cost
Russia's President Vladimir Putin on Friday called on financial chiefs of the world's leading industrial and developing nations to consider the ...
Ireland seals ECB deal to slash bank bailout costs
Ireland clinched a long-sought agreement Thursday with the European Central Bank to restructure the loans used to bail out its failing banks, a deal ...
Argentina freezes prices to break inflation spiral
Argentina announced a two-month price freeze on supermarket products Monday in an effort to stop spiraling inflation. The price freeze applies to ...
Israel central bank chief to step down in June
The governor of Israel's central bank, widely credited with steering the nation's economy safely through years of world financial turmoil, resigned ...
IMF tells Romania to push on with reforms
The International Monetary Fund has called on the Romanian government to implement deeper structural reforms and to apply for more European Union ...
Fragile economy, other global woes dominated Davos
The fragile state of the world economy, along with the relentless turmoil in Syria and the rocky fallout from the Arab Spring, dominated discussions ...
Davos summit ends with warnings on global economy
The crisis mood is gone, but that doesn't mean you can slip back into your old ways — that's the message from top international finance officials ...
Oil drops 1.5 percent; gains could be tapering off
Oil declined the most this year Wednesday on reports that the amount of oil moving through a key pipeline to the Gulf Coast had been cut in half.
IMF sees modest 2013 improvement for world economy
The International Monetary Fund is projecting a modest rise in global economic growth for 2013, but also warning that problems in the eurozone and the ...
IMF: Greece recovering, needs more EU cash
Greece has salvaged its economic recovery program following months of political uncertainty but still faces "enormous" challenges and will need new ...
IMF: Eurozone needs Portugal to stay on track
The International Monetary Fund is warning Portugal against the temptation to relax its contentious austerity drive, saying any backsliding could ...
Government food price claims baffle Argentines
Six pesos a day. That's all it takes to eat in Argentina, at least according to the government. But on the streets of the capital, 6 pesos doesn't ...
IMF's Lagarde sees improved world economic outlook
International Monetary Fund chief Christine Lagarde said Thursday that the threat of financial collapse in the global economy appears to have eased.