IMF worried about oil price rises
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The International Monetary Fund warns that rising oil prices might slow down worldwide economic growth.
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High oil prices pose a risk to the global economy, but the economic outlook for 2005 is still favorable, the Group of Seven nations said in a statement following their meeting on Friday.
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ELEANOR HALL: The high price of oil is already threatening global economic growth, but that price could yet be pushed higher by events in Russia.
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OIL prices rose from three- month lows yesterday as political unrest overseas renewed concerns about supplies, while some Organisation of Petroleum Exporting Countries members started talking about cutting production to protect their incomes.
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The global economy should register its strongest growth in three decades in 2004 despite soaring oil prices, which are expected to restrain the US expansion a bit, the International Monetary Fund said Wednesday.
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But IDC researchers voice a more cautious view, based on factors including high oil prices.
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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 slowing U.S. economy were growing dangers.
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Governments around the region are warning that rising oil prices have started to hurt their economies.
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The IMF predicts strong oil-fuelled growth for Angola, but remains concerned over financial transparency.
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The world's top finance officials on  Friday asked oil-producing nations to step up production and  agreed it was crucial to work out exactly why prices have  soared to levels that threaten global growth.
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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 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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The International Monetary Fund is worrying about the UK housing market again. It&#39;s been doing this for an awfully long time now, yet so far none of its doom laden warnings have come to pass.
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Uncertainty in global markets over  the size of losses caused by the current financial turmoil will  likely keep investors unsettled in the near term, the  International Monetary Fund warned on Monday.
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Worried soaring oil prices could  hurt the best global prospects in years, finance chiefs from  wealthy nations met on Friday to try to work out what lay  behind the surge and how to buffer the economic expansion.
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The International Monetary Fund (IMF) has said in its World Economic Outlook that there could be a sharp fall in UK house prices. According to the IMF, the market will &quot;probably slow down significantly in
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Turmoil in global credit and money markets will likely continue as investors worry about the size of financial losses and where they might appear, the International Monetary Fund warned on Monday.