Economy Live

For IMF head, there are two candidates to replace Mr Rodrigo Rato who has resigned for personal reasons, France's former Economy minister Dominique Strauss-Khan and the former president of the Czech Central Bank Josef Tosovsky. Dominique...

After NASDAQ vows to sell 31% stake in LSE, a number of seekers have emerged to cash the opportunity. In this league Singapore-based Temasek Holdings has approached NASDAQ for its $1.58bn worth stake in LSE. Temasek have made the approach in...

What can be worse for an economy if its inflation increases at the pace of 2000% per month? I am not leaving you in a quandary, but Mugabe-led Zimbabwean economy is actually affected by the inflation, which has risen to 7,634.8%, the highest in the...

Jolted by the U.S. subprime housing market, IMF's head Rodrigo Rato has warned that global investment and growth prospects were at risk from a dramatic rise in private equity buy-outs. There are risks associated with the recent dramatic growth in..

The International Monetary Fund has assured that Asian economies will not face any substantial financial crisis amid the heavy influx of global capital. Developing Asian economies are successfully attracting healthy foreign direct investment and...

The world has not gotten quite over what happened at the World Bank recently, and to make things even more interesting, it seems that IMF is also on the verge of witnessing a change at its helm. Rodrigo de Rato the managing director of the IMF has.

After a decline in the real estate market dissolves the U.S. economic activity is expected to pick its pace back till the starting of 2008. But IMF is also concerned about the fact that in spite of factors like increasing unemployment and soaring...

Despite vehement protests by Paul Wolfowitz that he has not been not given enough time to counter accusations that he broke ethic rules, World Bank's panel pressed ahead with its investigations yesterday. Wolfowitz not only criticized the 'committee'...

Paul D. Wolfowitz's efforts to continue as president of the World Bank received a severe setback on Sunday when a group of two dozen of the world's finance ministers and leaders of other international organizations delivered an uncommonly public...

Japan will surpass US economic growth this year as it recovers from its decade-long recession, the International Monetary Fund (IMF) has predicted. IMF argued that rising private investment, strong corporate profits and a pick up in exports would..