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IMF Cuts Eurozone Growth Forecasts to 1.2% This Year

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) cut its Eurozone growth forecasts 1.2 percent this year, down from an estimate of 1.3 percent...

IMF, World Bank Warns of Worsening Global Economy

JAKARTA (TheInsiderStories) - The new leaders of the World Bank and International Monetary Fund (IMF) warned in twin speeches of worsening global economic outlook, just a...

World Bank Chief Sees Global Growth in Fragile Prospects

JAKARTA (TheInsiderStories) - World Bank President David Malpass sees the global economic outlook in a fragile position hurt by Brexit-related uncertainty, trade tensions and...

IMF: Tariff War Lowering Global GDP by 0.8% in 2020

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) sees tariffs imposed by the United States (US) and China could shave 0.8 percent off global...

Lagarde Promises to Continue ECB’s Loose Monetary Stance

JAKARTA (TheInsiderStories) - Christine Lagarde, the nominee to be the European Central Bank (ECB) next president, promised to continue the bank' current loose monetary...

IMF’s Lagarde Emphasizes the Importance of Sustainable Growth

JAKARTA (TheInsiderStories) - International Monetary Fund (IMF) Managing Director Christine Lagarde stressed how to ensured the effectiveness and sustainable financing of international development. She...

Argentina Curbs Peso Volatility to Stabilize Exchange Rate

JAKARTA (TheInsiderStories) - Yesterday, Argentina adopted a new measures aimed to stabilize its currency with the central bank ease limits on its foreign exchange...

China Pushes Belt and Road to World Leaders

JAKARTA (TheInsiderStories) - World leaders are gathering in Beijing from Thursday for a summit on China's Belt and Road Initiative (BRI) amid growing criticism...

IMF: Advanced Protectionism Worsens Global Crisis

JAKARTA (TheInsiderStories) – Protectionism and trade war are the most real threats to the world economy today, said International Monetary Fund (IMF). Caused of the...

IMF, Ukrainian Signs New Stand-by Arrangement US$3.9B

JAKARTA (TheInsiderStories) - The International Monetary Fund (IMF) and the Ukrainian authorities have reached agreement on economic policies for a new 14-month Stand-By Arrangement (SBA). The...

Global Eyes on Argentine’s G20 Meeting, Amid US-China Trade War

JAKARTA (TheInsiderStories) - All eyes will go to G20 meeting in Buenos Aires, Argentina on November, amid the trade tensions between the two countries. The...

IMF Corrects Indonesia’s Growth from 5.3% to 5.1% in 2018

Nusa Dua (TheInsiderStories) - Minister of Finance Sri Mulyani Indrawati still optimistic about the fate of Indonesia's economic growth in 2018. She responded to the...

IMF Cuts Global Growth Forecast Amid Trade War

Nusa Dua (TheInsiderStories) - International Monetary Fund (IMF) cut its global economic growth targets at last year’s rate of 3.7 percent over 2018–2019, or down...

Global Finance Leaders Meet in Bali Talks on Economy, Other Issues

JAKARTA (TheInsiderStories) - Starting today, global finance leaders to meet this week in Denpasar, Bali, for the Annual International Monetary Fund (IMF) and World Bank meetings....