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International Monetary Fund
Global Economy
World economy now set to surpass US$100 trillion in 2022
The forecast is in line with estimates of the International Monetary Fund
December 26, 2021
Global Economy
IMF upgrades 2021 global GDP forecast to 6%
Gopinath warns of divergence in the recovery of different economies, urges central banks to keep access to money easy
April 06, 2021
Currency Crisis
Argentina gets US$57 bil as IMF doubles down on record bailout
(Sept 27): Argentina won a promise of extra cash and faster delivery from the International Monetary Fund, which expanded a record bailout to help the country defend its currency and pull the economy out of recession.
September 27, 2018
Global Economy
US moves forward on proposed US$200 bil China tariff list
WASHINGTON (July 11): The Trump administration pushed ahead with plans to impose tariffs on additional US$200 billion ($272 billion) in Chinese products by releasing a list of targets, marking a sharp escalation in a trade war between the world’s two la
July 11, 2018
China Focus
China’s central bank chief warns of high corporate debt
NEW YORK/HONG KONG (Oct 16): People’s Bank of China Governor Zhou Xiaochuan warned that Chinese companies have taken on too much debt, and argued for less financial leverage as well as fiscal reforms to constrain local government borrowing.
October 16, 2017
Currencies
What it means when the Renminbi officially joins IMF’s SDR basket tomorrow
SINGAPORE (Sept 30): China’s renminbi will become a major international currency tomorrow, when it officially becomes the fifth currency to enter the International Monetary Fund’s Special Drawing Rights basket, joining the US Dollar, euro, Japanese ye
September 30, 2016
China Focus
China's export machine is grabbing more of the global market
BEIJING (Sept 7): Brushing off rising wages, a shrinking workforce and intensifying competition from lower cost nations from Vietnam to Mexico, China’s global export share climbed to 14.6 percent last year from 12.9 percent a year earlier. That’s the
September 07, 2016