International Monetary Fund

BUENOS AIRES, Argentina | EU says trade differences remain despite G-20 talks

BUENOS AIRES, Argentina — Differences remain over trade and the tensions could escalate further despite talks by the world’s top financial officials taking place in Argentina’s capital amid fears that a wave of tariffs could damper global economic growth, a European official said Sunday. The meeting of G-20 finance ministers and central bankers in Buenos … Continue reading BUENOS AIRES, Argentina | EU says trade differences remain despite G-20 talks

WASHINGTON | IMF agrees to $50 billion deal to help Argentina’s economy

WASHINGTON (AP) — Argentina and the International Monetary Fund have agreed on a $50 billion stand-by deal aimed at strengthening the South American country’s economy. The IMF announced Thursday that the staff-level agreement will be subject to approval by its executive board, which will consider Argentina’s economic plan in the coming days. President Mauricio Macri … Continue reading WASHINGTON | IMF agrees to $50 billion deal to help Argentina’s economy

ROME  | Eyes on Italy’s president after he vetoes populists’ choice

ROME  —All eyes were on Italian President Sergio Mattarella on Monday after he vetoed the proposed euroskeptic economy minister of what would have been Western Europe’s first populist government, ushering in the likelihood of a new election within months. News reports said Mattarella would convene the former International Monetary Fund official, Carlo Cottarelli, to the … Continue reading ROME  | Eyes on Italy’s president after he vetoes populists’ choice

SACRAMENTO, Calif. | California now world’s 5th largest economy, surpassing UK

SACRAMENTO, Calif. (AP) — California’s economy has surpassed that of the United Kingdom to become the world’s fifth largest, according to new federal data made public Friday. California’s gross domestic product rose by $127 billion from 2016 to 2017, surpassing $2.7 trillion, the data said. Meanwhile, the UK’s economic output slightly shrunk over that time … Continue reading SACRAMENTO, Calif. | California now world’s 5th largest economy, surpassing UK

WASHINGTON | IMF: A major trade rift could imperil solid global economy

WASHINGTON | April 17, 2018 (AP)(STL.News)  The International Monetary Fund warned Tuesday that rising trade tensions between the United States and China risk undermining a global economy that the IMF believes should otherwise grow solidly this year. The lending agency has kept its forecast for worldwide growth this year at 3.9 percent, which would be … Continue reading WASHINGTON | IMF: A major trade rift could imperil solid global economy

IMF head: Trump good for US economy for now as trouble looms

DUBAI, United Arab Emirates/February 12, 2017 (AP)(STL.News) — The head of the International Monetary Fund said Sunday that U.S. President Donald Trump taking office is likely good for the American economy in the short term, though rising interest rates and a strengthening dollar will challenge global trade. Christine Lagarde said Trump’s plans for additional investment … Continue reading IMF head: Trump good for US economy for now as trouble looms