International Monetary Fund

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The International Monetary Fund Should Challenge the One Per Cent

Two remarkable developments during the past 10 days that could have a significant impact in many countries are worth a lot more attention in Canada and the United States. First, a major research document published by five top economists at the International Monetary Fund (IMF) admitted that the strong pro-capitalist policies at the centre of its activities in developing countries for the past 30 years do not work.

IMF: U.S. A Drag On Canada's Economy

OTTAWA - The International Monetary Fund says Canada's economy will be a little weaker this year than previously projected, although it will continue to lead all nations in the Group of Seven but one....

Good News, Canada!

OTTAWA - The International Monetary Fund is upgrading Canada's growth expectations for this year to 1.7 per cent, but warns that overall global conditions remain uneven, weak and perilous.The two-tent...

Island Of Tranquility?

BRUSSELS - Cyprus secured a package of rescue loans in tense, last-ditch negotiations early Monday, two EU diplomats said, saving the country from a banking system collapse and bankruptcy.The cash-str...

Global Economy DOWNGRADED

TOKYO - Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast.Adva...

Canada's Modest Economic Growth Spurt

OTTAWA - The International Monetary Fund is calling for further government action amid signs the recovery is faltering in many countries, although Canada's outlook has held up better than most other a...

Not Making Friends In Europe?

OTTAWA - It's unclear whether Stephen Harper made any European friends during his visit this week. It's a safe bet, however, that his Conservative MPs in Ottawa made none.As the prime minister jetted...

Pffft: It's Not Like We Wanted to Be #1 Anyway

With the release of the latest growth projections from the Bank of Canada and the International Monetary Fund (IMF), it appears that Canada's two-year run at the top of the G7 group of countries could be coming to an end. Both the Bank of Canada and the IMF have lowered this year's growth predictions, paving the way for - get this - America to take over the top spot.