IMF says markets at most resilient in 3 years
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The global financial system is at its most resilient since the equity bubble burst in 2001, the International Monetary Fund said on Wednesday, despite rising interest rates, heightened security and higher oil prices.
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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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Mexico&#39;s economic activity, after three years of weakness, has strengthened and become more broadly based, the International Monetary Fund said on Thursday, and it urged the country to save more of its oil windfall.
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The market proved itself robust in the aftermath of Sept. 11 and is more prepared now than ever to face a future threat.
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The U.S. economy grew at a healthy 3.7 percent annual rate in the third quarter this year, bolstered by strong consumer spending and accompanied by the lowest inflation in decades, the Commerce Department said on Friday.
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The recent jump in world oil prices has cast a cloud over the global economic recovery, the International Monetary Fund says. The Washington-based watchdog said world growth was expected to be the strongest
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The International Monetary Fund (IMF) has debunked fears of job losses in industrialised nations due to outsourcing of services to developing nations.
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Investor's Business Daily - There seems to be a significant slowing in the pace of global economic growth this year, the International Monetary Fund said. The IMF cautioned that restoring world financial markets will be a complex, drawn-out process. The Fed's 75- basis-point 18ate cut on Tue. was "appropriate and helpful," said IMF spokesman Masood Ahmed, who also said the U.S. should apply "targeted and timely" fiscal stimulus.
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Spending in Eastern Europe and Asia  is expected to lead a recovery in the global technology market  over the next three years, according to an industry report  released Tuesday.
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Washington, Sept. 30.(UNI): The expansion of the global economy could hit a 30-year record in 2004 but will likely slide in 2005 as a result of higher oil prices and other factors, the International Monetary Fund (IMF) sources said.
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Secretary of State Condoleezza Rice, in a nod to the anxiety that has enveloped the World Economic Forum, said Wednesday that the U.S. economy was resilient and would remain an "engine of growth."
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WASHINGTON (CBS.MW) -- The global economic outlook that looked strong in April is starting to fray around the edges, according to an International Monetary Fund report released on Wednesday.
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The world economy, powered in part by China, will grow this year at its briskest pace in almost three decades -- five percent -- before losing steam in 2005 in the face of higher oil prices, the IMF said.
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WASHINGTON : The world economy, powered in part by China, will grow this year at its briskest pace in almost three decades - five percent - before losing steam in 2005 in the face of higher oil prices, the IMF said on Wednesday.
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BILOXI, Mississippi  - Atlanta Federal Reserve Bank President Dennis Lockhart said on Saturday that the United States economy is "resilient."
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The financial markets, which are recovering from recent severe turmoil, and the world economy will be a major focus of this weekend's meetings of the International Monetary Fund and the World Bank, IMF chief Rodrigo Rato said Thursday.
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The world's leading industrial  countries are enjoying strong growth but face the risk of  rising inflationary expectations, tight energy markets and  spreading protectionism, a draft communique of the Group of  Seven rich nations says.