Saturday, May 25, 2013 11:03 PM EST

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.

Headlines Around the Web

IMF revises growth down

Apr 14 - Independent

Thatcher privatisation: history lessons

Apr 12 - Financial Times

Articles About International Monetary Fund

Bosnia president, charged with graft, freed from jail

By Reuters UK

The president of Bosnia's autonomous Muslim-Croat federation was freed from jail on Friday after the Constitutional Court ordered his release following his arrest last month on corruption charges. (7:35 am)

MORE TOPICS: IMF, COURT, LAWYER

Italians getting glummer on economy, Letta government

By Reuters UK

Italian consumer morale fell unexpectedly in May despite the tax-cutting promises of a new government whose approval ratings are already sliding. (May 24)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, RETAIL SALES, RETAIL

IMF's Lagarde questioned over French arbitration case

By Reuters UK

IMF chief Christine Lagarde was questioned in court by French magistrates on Thursday over her role in a 285-million-euro (242 million pounds) arbitration payment made to a supporter of former president Nicolas Sarkozy. (May 24)

MORE TOPICS: IMF, COURT, LAWYER, SETTLEMENT

Christine Lagarde
IMF Chief Christine Lagarde Quizzed over Settlement Scandal with Tycoon Bernard Tapie

By IBTimes UK

Former minister appears before Paris court over controversial 2008 arbitration deal that ruled against Credit Lyonnaise. (May 23)

MORE TOPICS: IMF, COURT, SETTLEMENT

Signs of weakness mar UK economic growth

By Reuters UK

Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising questions whether the nascent recovery will last. (May 23)

MORE TOPICS: BNP PARIBAS, GDP, BANK OF ENGLAND, INVESTMENT

A multi-pronged approach can boost growth
Britain's Economy Grows in Q1 in Line with Forecast

By IBTimes UK

Office for National Statistics data shows UK economy expanded by 0.3%. (May 23)

MORE TOPICS: UNEMPLOYMENT, IMF, UNITED KINGDOM, GDP, JAPAN, INVESTMENT

First-quarter economic growth unrevised at 0.3 percent, consumer spending weak

By Reuters UK

Britain's economy grew 0.3 percent in the first quarter as originally estimated, but consumer spending rose at its weakest pace since the third quarter of 2011. (May 23)

MORE TOPICS: GDP, INVESTMENT

IMF's Lagarde in court for French arbitration case

By Reuters UK

IMF chief Christine Lagarde arrived in court on Thursday to be questioned by a French magistrate over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy. (May 23)

MORE TOPICS: IMF, COURT, SETTLEMENT

State-backed banks gain approval for capital plans

By Reuters UK

State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares. (May 23)

MORE TOPICS: BARCLAYS, HSBC, ROYAL BANK OF SCOTLAND, BANK OF ENGLAND, NEW YORK, MANAGEMENT

Exit stage right: Iceland no longers want EU membership
Iceland Puts European Union Bid in Deep Freeze

By IBTimes UK

New prime minister Sigmundur David Gunnlaugsson says application to join EU will be put on hold. (May 23)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, GDP, ICELAND, LONDON