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IMF approves $650 billion expansion to fight pandemic

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WASHINGTON — The executive board of the International Monetary Fund approved a $650 billion expansion in resources to support economically vulnerable nations as they...

Leaders hold talks in Paris to revive African economies

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PARIS — More than 20 heads of state and government from Africa held talks in Paris with the heads of international organizations Tuesday on...

IMF: Vaccine inequity threatens Mideast’s economic recovery

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DUBAI, United Arab Emirates — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass...

Fed’s Powell: US nears full reopening to ‘different economy’

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WASHINGTON — The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome...

IMF head: global growth prospects rising but dangers remain

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WASHINGTON — The head of the 190-nation International Monetary Fund says prospects for global growth have brightened since January, helped by a $1.9 trillion...

Lebanese PM-designate: Cabinet needed to restore trust, hope

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BEIRUT — Lebanon’s prime minister-designate said Thursday that a government that could restart talks with the International Monetary Fund was the only way to...

G7 suggest boosting IMF reserves to help vulnerable nations

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LONDON — The Group of Seven leading industrial nations on Friday proposed bolstering the International Monetary Fund's reserves for the first time since 2009,...

Greece issues 30-year bond to smooth debt costs

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ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...