International Monetary Fund

The International Monetary Fund (IMF) is the international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments.

It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development through the enforcement of liberalising economic policies on other countries as a condition for loans, restructuring or aid.

It also offers highly leveraged loans, mainly to poorer countries. Its headquarters are in Washington, D.C., United States.

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Articles About International Monetary Fund

Greece's PM Papademos makes statements after a meeting with President Papoulias in Athens
Greece readies debt swap under bailout deal

By Reuters

Greece's parliament will endorse a debt swap with private bondholders on Thursday to help reduce the country's debt and secure an international bailout, despite new protests against the tough terms of the deal. (9:21 am)

MORE TOPICS: UNEMPLOYMENT, IMF, GERMANY, EUROPEAN UNION

File photo shows China's Premier Wen Jiabao delivers a speech at the opening ceremony of WEF meeting in Dalian
China Growth Rate for 2012 Can be Less Than 8 Percent

By IBTimes

A target of less than 8 percent growth for China could be set by Premier Wen Jiabao amid the risk of financial instability, according to a report. (6:25 am)

MORE TOPICS: CHINA, INVESTMENT

Treasury Undersecretary for International Affairs Lael Brainard testifies at a House Financial Services Committee hearing on financial regulatory reform on Capitol Hill in Washington
Treasury Says Europe Needs Solid Debt Firewall

By Reuters

It is "critical" that Europe put up a convincing firewall against the risk of financial contagion from its debt crisis before more aid from the International Monetary Fund is discussed, a top Treasury Department official said on Wednesday. (10:21 pm)

MORE TOPICS: IMF, MEXICO, G20

Analysis - Huge private debts pose bigger hurdle for euro zone

By Reuters UK

Away from the markets' fixation with the debts of Greece and other governments, concern is growing at the painfully slow progress Europe is making in tackling a much bigger mountain of corporate and household debt. (8:35 pm)

MORE TOPICS: PORTUGAL, GDP, MORTGAGE, LONDON

Irish government to unveil asset sale list - reports

By Reuters UK

The Irish government will unveil a final list of assets on Wednesday to be hived off to pay down debt, according to media reports. (10:56 am)

MORE TOPICS: RETAIL

Euro hits nearly 2-week high vs dlr on Greek deal
Euro Hits Nearly 2-week High Against Dollar on Greek Deal

By Reuters

The euro rose to nearly two-week highs against the dollar on Tuesday on investor relief that a bailout package for Greece finally came through after prolonged and acrimonious negotiations. (Feb 21)

MORE TOPICS: MORGAN STANLEY, MANUFACTURING, JAPAN, BANK OF JAPAN, EUROPEAN CENTRAL BANK, LONDON

EU and IMF
EU to Ask G20 to Back Increased IMF Funds

By Reuters

European Union leaders will call at a summit next week for the world's 20 biggest economies (G20) to agree in April to substantially boost funds available to the International Monetary Fund, draft conclusions of the meeting showed. (Feb 21)

MORE TOPICS: IMF, EUROPEAN UNION, MEXICO, G20

IMF Managing Director Lagarde Eurogroup Chairman Juncker and European Monetary Affairs Commissioner Rehn hold a joint news conference after a Eurogroup meeting in Brussels
EU leaders to ask G20 to back higher IMF funds

By Reuters UK

European Union leaders will call at a summit next week for the world's 20 biggest economies (G20) to agree in April to substantially boost funds available to the International Monetary Fund, draft conclusions of the meeting showed. (Feb 21)

MORE TOPICS: IMF, EUROPEAN UNION, MEXICO, G20

Hotel Carlton in Lille, northern France
Strauss-Kahn and 'Affair Carlton': Top Hotels Implicated in Vice Ring

By IBTimes UK

Ex-IMF head back in spotlight following arrest in high-class vice ring probe. (Feb 21)

MORE TOPICS: IMF

Former IMF chief Strauss-Kahn leaves the financial brigade in Paris
DSK Held by French Police in High-Class Hooker Probe

By IBTimes

Police in Lille are holding the former banker after prostitutes said they had had sex with Strauss-Kahn during 2010 and 2011 in a string of luxury hotels in Pairs and Washington D.C. (Feb 21)

MORE TOPICS: IMF, NEW YORK, LAWYER

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