Greece crisis poses little threat to global economy: IMF

The ongoing Greece economic crisis poses a little threat to the rest of the world as the global economy has withstood the stress tests of the last two weeks fairly well, the International Monetary......

Oil drops towards $48 after IMF cuts growth forecast

Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Global growth......

US will pay its bills, Obama assures the world

US President Barack Obama has assured the jittery market and the world community that his country would pay his bills, even as the IMF warned that the failure to increase the debt ceiling would......

Two-speed global recovery may continue in '11: IMF

International Monetary Fund has said that the world economy is likely to see a 'two-speed' recovery in 2011 with emerging markets witnessing stronger growth than advanced economies.Some emerging......