Professor of International Business Geoffrey Wood believes the new BRICS development bank can rival the International Monetary Fund (IMF) and the World Bank if...
The European Union said Wednesday it was ready to resume negotiations on financial assistance to Hungary after Budapest bowed to pressure to maintain the...
IMF managing director Christine Lagarde called on Russia and emerging Europe to strengthen policies to guard against rising risks in the global economy.
"The risks...
The IMF’s European chief stated that the international fund is not considering the purchase of bonds in the European debt markets in cooperation with...
The Islamic Development Bank said on Wednesday it will grant Egypt a $2.5 billion loan to finance infrastructure projects and as insurance for imports...
The cost of health care poses a burden to developed countries that could spark immense financial crises if not contained, the International Monetary Fund...
Hungary's government hastened to calm fears Saturday with assurances that the country's public deficit was containable, after earlier statements that it faced similar problems...
The International Monetary Fund has proposed two new global taxes on banks and other financial institutions to cover the cost of future bailouts, the...
Bulgaria's government voted Wednesday to raise health insurance payments in a move to end doctors' protests and pump more money into its underfunded hospitals.
The...
British Prime Minister Gordon Brown drew cautious support on Monday for his latest crusade to introduce a so-called "Tobin" tax on big financial transactions.
"There...