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The global economy is beginning a sluggish recovery from its worst recession since World War II, the International Monetary Fund said Wednesday. The IMF increased its estimate for global economic growth in 2010 to 2.5 percent, from an April projection of 1.9... Sponsored Topics: International Monetary Fund - World War II - Global recession - Recession - Economic growth
The International Monetary Fund has made the cautiously optimistic prediction that the global recession is coming to an end. Given the organization's history of poor predictions, that just might mean the world should prepare for even worse times ahead.
July 20 (Bloomberg) -- The U.S. blocked a request by China for the World Trade Organization to decide whether the American market is unfairly closed to Chinese poultry exports that are declining amid the worst economic slump in 60 years.
Taipei - Taiwan Monday presented two comic figures to help the government seek public support for a semi-free trade pact the island hopes to sign with China. Mr Ec and Mrs Fa will join us in promoting the government's plan to sign the Economic Coope...
CANBERRA -(Dow Jones)- Australia's economy has escaped the most dangerous phase of the global recession with only minor damage, and although the consumer spending that has kept the economy afloat is tipped to fade, unemployment levels won't be as bad as previously feared, according to Access Economics.
WASHINGTON -(Dow Jones)- The global economy should resume growth by the end of the year, the International Monetary Fund's chief economist said Wednesday.
The global economy is on the mend but it would be premature to think that policymakers can throw away the crutches that have aided the recovery, says the International Monetary Fund.
The International Monetary Fund on Wednesday raised its outlook for the global economy in 2010, but said recovery from the worst recession since World War II would be sluggish.
WASHINGTON— The U.S. Department of Commerce applauds Taiwan on its accession to the World Trade Organization (WTO) Agreement on Government Procurement (GPA). On July 15, Taiwan joined the GPA, becoming the 41st covered economy, allowing U.S. firms to have increased access to Taiwan’s extensive government procurement market, valued at $21 billion in 2007.
The global economic downturn is far from over, and few countries have dismantled the dangerous protectionist barriers they imposed in response to it, World Trade Organization Director-General ...
July 16 (Bloomberg) -- The Japanese government and central bank should be ready to provide additional stimulus measures should global demand fail to improve enough to underpin a recovery, the International Monetary Fund said.
The Executive Board of the International Monetary Fund (IMF) has backed an allocation of Special Drawing Rights (SDRs) equivalent to US$250 billion to provide liquidity to the global economic system by supplementing the Fund’s 186 member countries’ foreign exchange reserves.
WASHINGTON - The global economy is beginning a sluggish recovery from its worst recession since World War II, the International Monetary Fund said Wednesday.
The European Union is not yet ready to sign a free-trade agreement with South Korea because there could still be "outstanding questions" from some EU members, Sweden's prime minister said Monday.
CANBERRA -(Dow Jones)- Australian Treasurer Wayne Swan said Thursday that the latest world economic forecasts from the International Monetary Fund show that the global recession still has "some way to run".
July 20 (Bloomberg) -- Sri Lanka, which ended a 26-year war with Tamil Tiger rebels, has signed a list of promises to the International Monetary Fund for a proposed lending agreement to repay debt and rebuild the South Asian island economy.
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