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IMF Lowers Its Estimates Of Global Economic Growth; Pegs Oman Economy To Grow By...

The 190-country-strong international financial institution, International Monetary Fund (IMF), has lowered its estimates for the growth of the global economy in 2022. This comes in a...
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Wreckage of Global Economy Now Looks Even Worse to IMF: Eco Week

(Bloomberg) -- Two months after its dire predictions of the steepest recession in almost a century, the International Monetary Fund will release new global economic forecasts this...
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IMF Trims Global Economic Outlook, But Tones Down Risk Warnings

(Bloomberg) -- The International Monetary Fund predicted the world economy will strengthen in 2020, albeit at a slightly weaker pace than previously anticipated amid...
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Too Much Finance Can Make Inequality Worse: IMF Researchers

(Bloomberg) --The expansion of financial services in an economy can reduce income inequality -- but beyond a certain point it tends to have the...
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dubai, MENA

IMF Says Mideast Markets Twice as Sensitive to Global Risk as Emerging Markets

(Bloomberg) -- Markets in the Middle East and Central Asia may have more to lose from a shift in global risk sentiment than other...
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banking finance

Gulf’s Holdout on Rates Is About to Jump on Fed Easing Bandwagon

(Bloomberg) --The only Gulf Arab central bank with an unpredictable monetary policy might finally fall in line this week. In a region where most countries...
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World Economy Chiefs Flirt With the Idea of Fiscal Stimulus

(Bloomberg) -- Finance ministers and central bankers from around the globe gave momentum to the idea of fiscal stimulus as the way to revive...
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Global Finance Chiefs Pledge to Use All Tools to Aid Growth

(Bloomberg) --Global finance ministers and central bankers pledged to use all their tools, including fiscal policy, to support demand amid a “highly uncertain” outlook...
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Trade Woes Push IMF Global Growth Outlook to Decade-Low of 3%

(Bloomberg) --The International Monetary Fund made a fifth-straight cut to its 2019 global growth forecast, citing a broad deceleration across the world’s largest economies...
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oil field

Oil Holds Two Days of Losses as Demand Outlook Deteriorates

(Bloomberg) --Oil held two days of losses as a worsening demand outlook was compounded by signs it will be difficult for the U.S. and...
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