Latest from International Monetary Fund

<i>NZ Dollar Outlook:</i> Kiwi to trail Aussie dollar higher
The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.

China baulks at sharing the West's post-party hangover
What happens if two countries cannot agree on the appropriate value for their mutual exchange rate? All sorts of accusations start to fly around.

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.

NZ well-placed to handle economic shocks, says IMF
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.

Fiji democracy group planning pirate radio
A pirate radio station plans to broadcast from international waters off the coast of Fiji.

<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble
It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.

IMF head says Asia will help prevent global double-dip
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.