IMF warns Zimbabwe on economy
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Living conditions in Zimbabwe will worsen unless the government takes urgent action to stabilise the economy, the IMF says.
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The head of the International Monetary Fund on Monday warned that an "earthquake" in credit markets may have been so severe the global economy tips into recession, ending a five-year boom.
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The head of the I.M.F. predicted continued brisk growth for the global economy, but said that higher interest rates and surging oil prices could lead to trouble.
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The IMF says that global economic growth is likely to be dampened by the turbulence which has swept world markets.
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Zimbabwe President Robert Mugabe on Wednesday threatened to seize foreign companies, including mines, he accused of economic sabotage and of hiking prices as part of a campaign to oust his government.
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The IMF predicted a post-conflict economic boom in Iraq this year and in 2005 but admitted lending to Baghdad is a big risk because of the fighting and huge debt.
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The Chinese economy risks a hard landing, according to an International Monetary Fund report on China&#39;s economy published today.
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The head of the International Monetary Fund on Tuesday predicted a "continued smooth ride" for the global economy, but cautioned there are signs of potential trouble ahead after several years of brisk growth.
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Tight oil supplies could leave the global economy worryingly vulnerable for years to come, a senior International Monetary Fund official said on Thursday.
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The global economy is set for another   year of strong growth, the International Monetary Fund said on   Thursday, but it warned that rising inflationary pressures and   a U.S. economic downturn posed growing dangers.
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Robert Mugabe, the Zimbabwean president, says his nation&#39;s ailing economy is on track for recovery. He has, however, hinted that those who fail to utilise their claims in the mining sector might lose out to &quot;more serious&quot; investors.
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Tight oil supplies could leave the  global economy worryingly vulnerable for years to come, a  senior International Monetary Fund official said on Thursday.
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Record oil prices are having a limited impact on the global economy but the risk of economic disruption remains high, the head of the International Monetary Fund said Thursday.
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The International Monetary Fund has warned that rising interest rates in some of the world&#39;s biggest economies may slow global house price growth.
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The International Monetary Fund yesterday issued a warning that record oil prices will stunt the growth of the global economy next year and oil prices are likely to remain high for 10 years or more.
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A Zimbabwean minister warns South African unions not to go ahead with a planned visit this week.
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The International Monetary Fund warned Wednesday that rising oil prices and interest rates were hampering global economic growth, but the US government said the American economy was stronger than it had estimated earlier.