Saturday, December 20, 2014 8:48 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.

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A huge video screen on Sword Beach shows U.S. President Barack Obama and Russian President Vladimir Putin as they arrive for the International 70th D-Day Commemoration Ceremony in Ouistreham June 6, 2014. World leaders and veterans gathered by the beaches
US Remains Firm on Sanctions Amid Russia's Looming Recession; IMF 'Highly Unlikely' To Help

By IBTimes AU

The Obama administration stands by on its decision not to ease sanctions against Russia despite its spiraling economy. (Dec 17)

MORE TOPICS: IMF, RUSSIA, WHITE HOUSE, UKRAINE, CONGRESS

Russian President Vladimir Putin At Russia's Far Eastern Gold Mining Center Of Magadan
Sanctions-Hit Russia Boosts Gold Reserves, Sends Prices Of Metal To 2-Wk High

By IBTimes AU

Russia's out to break the monopoly of the dollar as it boosts its gold reserves. (Nov 19)

MORE TOPICS: GOLD, RUSSIA

Gas tanks are pictured at Austria's largest natural gas import and distribution station in Baumgarten May 2, 2014.
Russia Agrees To Supply Gas To Ukraine: Deal Comes After Ukraine Agrees To Pay Past Dues

By IBTimes AU

Russia seems to be the winner as some muscle flexing made EU assisting Ukraine to pay the dues. (Nov 03)

MORE TOPICS: EUROPEAN UNION, RUSSIA, DMITRY MEDVEDEV, NEW YORK, UKRAINE

Gas tanks are pictured at Austria's largest natural gas import and distribution station in Baumgarten May 2, 2014.
Ukraine Gas Deal: Russia Insists On Guarantees From EU As It Doubts Ukraine’s Paying Capacity

By IBTimes AU

Ukraine seems to be having a casual approach to the supply of Russian gas. (Oct 26)

MORE TOPICS: EUROPEAN UNION, RUSSIA, UKRAINE, INVESTMENT

A woman wearing a mask walks past a wall painted with China's national flag in central Beijing, October 9, 2014. Beijing issued a yellow alert for air pollution on Wednesday with smog forecast to continue for the next three days until Saturday, said the B
IMF Forecasts China To Dethrone US As World’s Biggest Economy With $17.6T GDP

By IBTimes AU

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 Moneta... (Oct 10)

MORE TOPICS: CHINA, IMF, GDP, JAPAN, COPPER

International Monetary Fund (IMF) Managing Director Christine Lagarde delivers opening remarks at the inaugural Michel Camdessus Central Banking Lecture in Washington July 2, 2014. REUTERS/Gary Cameron (UNITED STATES - Tags: POLITICS BUSINESS)
Australia Expected to Have Second Worst Unemployment Rate in Coming Years Ahead of Philippines

By IBTimes AU

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. (Oct 08)

MORE TOPICS: CHINA, UNEMPLOYMENT, IMF, GDP, AUSTRALIA, UKRAINE

Britain's Foreign Secretary Philip Hammond greets Australia's Prime Minister Tony Abbott outside the Foreign and Commonwealth Office, in central London
Australia Meet Of G20 Ministers Makes Recipe For Economic Growth: Peeved US Asks EU To Step Up Demand Urgently

By IBTimes AU

In G20, a common solution for economic ills looks untenable as member states have varied rates for growth and slowdown. (Sep 22)

MORE TOPICS: FEDERAL RESERVE, UNEMPLOYMENT, MANUFACTURING, AUSTRALIA, RUSSIA, EUROPEAN CENTRAL BANK

Government health workers administer blood tests to check for the Ebola virus
Ebola: IMF Raises Concern Over Economies of West African Nations

By IBTimes AU

International Institutions need a factor in healthcare support as one of the factors to sustain economic growth. (Aug 29)

MORE TOPICS: IMF, NIGERIA, KENYA, LONDON

Russian President Putin At a Meeting in Moscow's Kremlin
Malaysia Airlines MH17: Multi-Million Pound Law Suit Looms Over Putin’s Head, Assets At Risk

By IBTimes AU

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. (Jul 28)

MORE TOPICS: IMF, EUROPEAN UNION, RUSSIA, UKRAINE, LAW FIRM, LONDON

International Monetary Fund (IMF) Managing Director Christine Lagarde delivers opening remarks at the inaugural Michel Camdessus Central Banking Lecture in Washington July 2, 2014. REUTERS/Gary Cameron (UNITED STATES - Tags: POLITICS BUSINESS)
IMF Slashes Overall 2014 Global Forecast; Russia’s Implications with Malaysia Airlines MH17 Could Bring Economy to Recession

By IBTimes AU

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. (Jul 25)

MORE TOPICS: CHINA, IMF, EUROPEAN UNION, RUSSIA, UKRAINE, EMERGING MARKETS