Articles by IMF
Russia Spearheads Eurasian Economic Union With 4 Ex-USSR Nations To Counter Western Sanctions
December 24 2014 2:54 PM
At the start of 2015, there would be a new kid on the economic bloc as the newly former Eurasian Economic Union (EEU) officially starts to function. The EEU is Russian President Vladimir Putin's response to the western sanctions which has caused the rouble to depreciate by 50 percent since January.
Treasurer Hockey Forecasts Australian Unemployment Rate To Hit 12-Year High Of 6.5% In 2015
December 23 2014 10:05 AM
In his Sunday announcement of Cabinet reshuffle, Prime Minister Tony Abbott said the changes are geared towards making the jobs and families a top priority in the coming year, 2015.
US Remains Firm on Sanctions Amid Russia's Looming Recession; IMF 'Highly Unlikely' To Help
December 17 2014 9:08 PM
The Obama administration stands by on its decision not to ease sanctions against Russia despite its spiraling economy.
Economic Growth In US And Sub-Saharan Africa Allay 2015 Recession Fears
October 23 2014 2:10 PM
Growth prospects in the developed countries as well as some emerging markets look promising.
Global Markets Overview – October 22, 2013
October 22 2014 11:10 AM
'Volatility is a natural part of markets, whereas highly accommodative monetary policy is not.' This was my statement on Monday about the effect of monetary policies on markets - it acts as a volatility depressor.
Russia Beefs Up Gold Reserves To Offset Heat of Sanctions And Undercut Dollar
October 20 2014 2:28 PM
The plan to boost gold reserves also fits in with Russia's plan to play down the power of U.S. dollar.
Recession Fears Loom Over Germany As Growth Rate Slows Down
October 15 2014 5:04 PM
Germany is one of the biggest economies in Europe and new data suggests that the country is at the risk of diving into a recession.
Australian Stock Market Report – Afternoon October 13, 2014
October 13 2014 7:01 PM
The Australian market has slumped for the fifth time in six days and remains near an eight-month low. The All Ordinaries (XAO) slipped by 0.6 per cent and local stocks have shed 9.5 per cent from the highs reached at the start of September. The strength in the US dollar and recent concerns of sluggish world growth have been two drivers.
Global Markets Overview – October 13, 2014
October 13 2014 11:09 AM
We have been saying since mid-May to be wary of the events that will occur in October (the end of the asset-purchase program). October remains the turning point of the year and we retain our key pick of being long the VIX.
Australian Stock Market Report – Afternoon October 10, 2014
October 10 2014 6:39 PM
Local shares extended their losses after lunch, falling for the fourthtime this week and hitting a fresh eight-month low. The All Ordinaries Index (XAO) slumped by 2 per cent, slipping below 5200.0 for the first time since February and making it the worst session of the year.
IMF Forecasts China To Dethrone US As World’s Biggest Economy With $17.6T GDP
October 10 2014 9:49 AM
Despite the slowdown in its red-hot economy, China's growth story continues, threatening to dethrone the US as the world's largest economy in 2014 in terms of one indicator. This is the purchasing power parity, said the International Monetary Fund (IMF).
Australian Stock Market Report – Afternoon October 8, 2014
October 08 2014 6:51 PM
Unlike trade on Tuesday the local market maintained its hefty losses for the duration of the session to fall to a fresh eight-month low for the third day. Losses were recorded in all sectors bar the defensive utilities with concerns of Germany's economy together with cuts to world growth forecasts by the IMF concerning some investors.
Australia Expected to Have Second Worst Unemployment Rate in Coming Years Ahead of Philippines
October 08 2014 5:45 PM
The IMF has released its latest world economic outlook report. Australia was revealed as having the second worst jobless rate in the Asia-Pacific region ahead of the Philippines.
Global Markets Overview – October 8, 2014
October 08 2014 10:58 AM
In times like the present, with volatility ramping and the intraday trading moving through the 100+ point range, I must remind myself that equities are at the top of the risk curve. They're therefore the first to see selling when nervousness is exposed.
Ebola: IMF Raises Concern Over Economies of West African Nations
August 29 2014 2:11 PM
International Institutions need a factor in healthcare support as one of the factors to sustain economic growth.
Ice Bucket Challenge: Tom Cruise Accepts Hugh Jackman's ALS Challenge With 'Mission Impossible 5' Director Chris McQuarrie [VIDEO]
August 28 2014 3:17 PM
“Mission: Impossible” star Tom Cruise accepted Aussie actor Hugh Jackman’s nomination to do the “ALS Ice Bucket Challenge.” The 52-year-old actor together with “Mission: Impossible 5” director Chris McQuarrie completed the challenge with eight buckets of ice cold water poured over them.
Malaysia Airlines MH17: Multi-Million Pound Law Suit Looms Over Putin’s Head, Assets At Risk
July 28 2014 2:45 PM
A multi-million pound law suit is looming over Russian President Vladimir Putin's head for his alleged involvement in the uncalled and accidental downing of Malaysia Airlines MH17 on July 17 that claimed 298 lives.
Australian Treasurer Joe Hockey Calls New Zealand Economy 'Envy of the World'
July 25 2014 10:55 PM
Australian Treasurer Joe Hockey called the economy of New Zealand "the envy of the world" during his visit to the small island nation across the Tasman. In an interview with TV ONE, Hockey said Australia could learn some lessons from New Zealand.
IMF Slashes Overall 2014 Global Forecast; Russia’s Implications with Malaysia Airlines MH17 Could Bring Economy to Recession
July 25 2014 3:59 PM
Rising tensions in the Middle East and Ukraine are sure to impact an already plummeting global economy reeling from slowdowns in the U.S. and China. On Thursday, the International Monetary Fund said projected global growth for 2014 has been lowered to 3.4 per cent, from the previous estimate of 3.7 per cent in April.
Australian Stock Market Report –Midday July 25, 2014
July 25 2014 3:28 PM
The Australian sharemarket is falling for the first time in eight trading days, with the All Ordinaries Index (XAO) down 0.3 per cent. The falls are still only modest due to a lack of major drivers overnight. Shares in the U.S. finished largely flat despite the S&P500 continuing to hit fresh record highs on a daily basis. Some positive signs for US employment were offset by disappointing profit results.