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Cemetery workers wearing protective gear bury an unclaimed Covid-19 coronavirus victim in Tijuana, Baja California state, Mexico in April 2020 - the IMF has just warned it will take Mexico years to recover from the pandemic

Mexican Economy Needs Years To Recover From Virus: IMF

Mexican economy needs years to recover from virus: IMF

IMF Managing Director Kristalina Georgieva warned low-income countries are facing economic shocks so profound they could create what she calls a "lost generation"

Covid-19 Downturn Not As Bad As Feared; Crisis Not Over: IMF Chief

Covid-19 downturn not as bad as feared; crisis not over: IMF chief

Countries should not just tackle new infrastructure improvements but maintain old ones as ways to create employment, the IMF says

Public Investment Key To Covid-19 Recovery: IMF

Public investment key to Covid-19 recovery: IMF

Former IMF head Rodrigo Rato always maintained that the authorities were fully aware of what happened at the bank(L) smiles as he leaves his office.Former IMF chief Rodrigo Rato was acquitted in Spain bank trial on September 29, 2020.

Former IMF Chief Rato Acquitted In Spain Bank Trial

Former IMF chief Rato acquitted in Spain bank trial

Colombia has had a Flexible Credit Line (FCL) since May 2009, and the IMF board has renewed it every two years, providing the country with money that could be deployed to head off a crisis

IMF Raises Colombia's Credit Line To $17.2 Bn

IMF raises Colombia's credit line to $17.2 bn

G7 finance minister lamented moves by some countries to classify state-owned financial institutions as commercial lenders to avoid participating in debt relief

G7 Ministers 'Committed' To Debt Relief, Urge Expansion

G7 ministers 'committed' to debt relief, urge expansion

A first responder checks the temperatures of passengers at the Kinshasa airport in August 2020

DR Congo Leader Urges Debt Relief Over Pandemic

DR Congo leader urges debt relief over pandemic

The IMF so far has released $2.5 billion of a $3.7 billion loan to Angola, a country hard hit by low oil prices amid the pandemic

IMF Approves Release Of $1 Bn For Angola Amid Covid-19 Downturn

IMF approves release of $1 bn for Angola amid Covid-19 downturn

IMF chief Kristalina Georgieva has credited massive government support with cushioning the economic blow from the coronavirus

IMF Chief Warns Global Economic Crisis 'Far From Over'

IMF chief warns global economic crisis 'far from over'

Algeria's hydrocarbon-dependent economy is in an extremely fragile state

Algeria Chafes Against EU Trade Deal As Deadline Looms

Algeria chafes against EU trade deal as deadline looms

Part of Lebanonâs capital Beirut in the dark due to fuel shortages, as the country grapples with its worst economic crisis since the 1975-1990 civil war

S&P Downgrades Lebanon Bonds To Default After Missed Payments

S&P downgrades Lebanon bonds to default after missed payments

Peru's economy was enjoying robust growth until the coronavirus pandemic caused a collapse

Peru, Argentine Economies Post Huge Falls

Peru, Argentine economies post huge falls

The damaged grain silo and a burnt ship at Beirut's harbour after a powerful explosion tore through Lebanon's capital

What Political Fallout From The Lebanon Blast?

What political fallout from the Lebanon blast?

Argentina President Alberto Fernandez believes the deal with creditors has opened the way to finding a solution to restructuring other multi-billion dollar debts

Despite Debt Deal, Argentina's Economic Woes Remain

Despite debt deal, Argentina's economic woes remain

A woman passes by a wall reading "No to the Debt Payment" in Buenos Aires, on August 3, 2020 -- the day before a deal was reached on restructuring of $66 billion of debt

Argentina Secures Deal On 'Impossible' Debt

Argentina secures deal on 'impossible' debt

Lebanon's Nassif Hitti, who resigned as foreign minister on Monday, pictured on July 23 before receiving his French counterpart Jean-Yves Le Drian in Beirut

Lebanon Foreign Minister Resigns In Protest At Crisis Management

Lebanon foreign minister resigns in protest at crisis management

Pictures of medical workers taken by Brazilian photographer Thiago Santos at posted in a Sao Paulo subway station amid the COVID-19 pandemic

Brazil's COVID-19 Death Toll Surpasses 90,000

Brazil's COVID-19 death toll surpasses 90,000

An IMF official warned of "a deep economic recession" unfolding in South Africa, with the country expected to see growth drop by its largest amount in 90 years in 2020

IMF Approves $4.3 Bn To Help South Africa Fight COVID-19

IMF approves $4.3 bn to help South Africa fight COVID-19

French Foreign Minister Jean-Yves Le Drian (L) and his Lebanese counterpart Nassif Hitti give a joint press conference in Beirut

French FM Scolds 'Passive' Lebanon Leadership

French FM scolds 'passive' Lebanon leadership

South Korea's economy has been hammered by the coronavirus pandemic

S. Korea Reports Worst Economic Performance In More Than 20 Years

S. Korea reports worst economic performance in more than 20 years

The US economy suffered a 37 percent collapse in GDP in the second quarter -- here, a woman walks through an empty shopping area in Washington in March 2020

Virus Resurgence Poses Biggest Risk To US Economy: IMF

The International Monetary Fund said the recovery "will require a further round of fiscal measures in the coming months that boost demand, increase health preparedness, and support the most vulnerable."

Some say saving the planet is not really the ECB's job

European Central Bank Cautiously Keeps Monetary Policy, Asset Buying Program Unchanged

ECB kept its key interest rate unchanged at minus-0.5%

Ignoring medical advice, Merkel and Modi reviewed a guard of honour at the presidential palace breathing in the polluted air without protection

European Union, India Meet At Virtual Summit To Discuss Trade, Security, Covid-19 Pandemic

The EU is India's biggest trading partner.

The battered energy-based economies of the Gulf Cooperation Council (GCC) states are forecast to shrink by a hefty 7.1 percent

IMF Predicts Worst Mideast Downturn In Half Century

IMF predicts worst Mideast downturn in half century

A man waves the Argentine flag during a protest against President Alberto Fernandez's health policies during the coronavirus pandemic in Buenos Aires on July 9, 2020

Argentina Passes 100,000 COVID-19 Cases

Argentina passes 100,000 COVID-19 cases

The IMF is urging governments to continue to spend to deal with the health and economic crisis caused by COVID-19, even as debt levels surge

IMF Warns Cutting Spending Too Soon Could Derail Recovery

IMF warns cutting spending too soon could derail recovery

Lebanon is grappling with its worst economic crisis since the 1975-1990 civil war and negotiations with the IMF to enact reforms are stalling

Without IMF Bailout, Is Lebanon Heading For 'Hell'?

Without IMF bailout, is Lebanon heading for 'hell'?

Argentina's President Alberto Fernandez is seeking to restructure his country's $66 billion debt with a new offer to the US Securities and Exchange Commission

Argentina Formalizes New Debt Offer To Creditors

Argentina formalizes new debt offer to creditors

President Alberto Fernandez is seeking to restructure $66 billion in the country's foreign debt

Argentina To Renew Offer To Creditors, Extends Negotiation: President

Argentina to renew offer to creditors, extends negotiation: president

two children found 2 gold bars during lockdown

As Cloudy Economy Pushes Up Gold, Analysts Say Rally Has Legs

Analysts say investors are looking at gold as a safe option with a time horizon of at least two to three years, an indication that there is little optimism about an economic turnaround any time soon.