United States Announces Historic $20 Billion Currency Swap to Support Argentina
United States Announces Historic $20 Billion Currency Swap to Support Argentina
IMF
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![United States Announces Historic $20 Billion Currency Swap to Support Argentina]()
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Global economy faces tougher year in 2023, IMF's Georgieva warns
Third of world economy to hit recession in 2023.
![Global economy faces tougher year in 2023, IMF's Georgieva warns]()
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IMF tells central banks to focus on inflation as recession looms
IMF cuts 2023 global growth to 2.7% on war and downturns
![IMF tells central banks to focus on inflation as recession looms]()
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Taiwan demands correction of designation as 'Province of China' by IMF
"It is highly regrettable that the IMF has inappropriately labeled Taiwan as a 'Province of China' in its datamapper," MOFA spokesperson Joanne Ou (歐江安) said at a press briefing. "MOFA is calling on the IMF to maintain objectivity and professionalism and to immediately correct Taiwan's designation."
![Taiwan demands correction of designation as 'Province of China' by IMF]()
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IMF sees coronavirus-fueled recession as worst since Great Depression
The International Monetary Fund predicted Tuesday that the “Great Lockdown” recession, fueled by the coronavirus pandemic, will be the steepest in almost a century and warned that the world economy’s contraction and recovery would be worse than anticipated if the coronavirus lingers or returns.
![IMF sees coronavirus-fueled recession as worst since Great Depression]()
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IMF boss says global economy risks return of Great Depression
Kristalina Georgieva compares today with “roaring 1920s” and criticises UK wealth gap
![IMF boss says global economy risks return of Great Depression]()
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Trump's trade war with China and Europe will hit global growth – IMF
UK’s outlook for 2019 stays at 1.5% but previous forecast for 1.3% this year cut to 1.1%
![Last month, the US president slapped extra duties on $200bn of Chinese goods and China retaliated with extra duties on $60bn of US goods.]()
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Argentina to get more IMF funds, won't default: Macri
President Mauricio Macri said Monday that crisis-hit Argentina will receive additional funding from the International Monetary Fund and vowed to avoid a default.
![Argentina's Macri says "more IMF support coming" as talks continue]()
