
IMF: East won't make up for West
The IMF expects global growth to fall next year as the emerging economies which are leading the global recovery are unable to fully compensate for weaker demand in rich countries.
The IMF expects global growth to fall next year as the emerging economies which are leading the global recovery are unable to fully compensate for weaker demand in rich countries.
Are you swelling with national pride? New Zealand has once more been granted Aaa status by international credit-ratings agency Moody's.
New Zealand is among only a handful of advanced economies where the government's budget is best placed to deal with "unexpected shocks", says the IMF.
A pirate radio station plans to broadcast from international waters off the coast of Fiji.
Economic growth in Asia and Latin America will help the rest of the world avoid a double dip recession, says the head of the IMF.
Following fast on the declaration of additional help for Hungary, Ukraine has announced that it too will apply for fresh funding; a loan of US$14.9 billion ($21.5 billion) to help plug the country's budget deficit and boost investor confide
People will never love banks - our relationships are necessarily fraught, and tainted by the suspicion we're being clipped for services of dubious value.
EU ministers struggled overnight to work out a new rescue mechanism for troubled governments in an attempt to keep markets from targeting weaker eurozone members before Asian markets open this morning.