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Lebanese Finance Minister Ghazi Wazni tells AFP his crisis-hit country is ready to float the Lebanese pound only after securing billions in aid needed to redress the free falling economy

Lebanon Says Ready To Float Pound Only After Aid Secured

Lebanon says ready to float pound only after aid secured

Lebanese Finance Minister Ghazi Wazni tells AFP his crisis-hit country is ready to float the Lebanese pound and halve the number of banks after securing billions in aid needed to redress the free falling economy

Crisis-hit Lebanon Ready To Float Pound After Aid: Minister

Crisis-hit Lebanon ready to float pound after aid: minister

A mass protest movement against Chilean President Sebastian Pinera and his government erupted in October 2019, but has recently been tempered by the coronavirus pandemic

Chile Asks IMF For A $23.8 Billion Line Of Credit

Chile asks IMF for a $23.8 billion line of credit

Egypt is gradually loosening its coronavirus shutdown but the IMF said it will need more support from creditors soon

IMF Approves $2.77 Bn Emergency Virus Loan For Egypt

IMF approves $2.77 bn emergency virus loan for Egypt

Algeria's newly inaugurated President Abdelmadjid Tebboune must now address the grievances of protesters who forced out his predecessor Abdelaziz Bouteflika in April and then boycotted his election last week in large numbers

Algeria, Reeling From Pandemic, Low Oil Prices, Rules Out Loans From IMF, World Bank

Algeria’s energy sector accounts for 20% of its GDP.

Kenya faces a severe shock from the economic impact of the coronavirus pandemic, the IMF said

Kenya, Uganda Latest To Receive IMF Help Against Pandemic

Kenya, Uganda latest to receive IMF help against pandemic

British PM Boris Johnson returned to work apologising for being away "for much longer than I would have liked"

Coronavirus In UK: Boris Johnson Set To Unveil Economic Revival Plan

Boris Johnson will unveil a "road map" to economic recovery in the U.K. next week.

When will the tourists return?, worried Greeks ask

A Decade After Debt Crisis, Greece On Verge Of Virus Recession

A decade after debt crisis, Greece on verge of virus recession

Colombia has never drawn on its IMF Flexible Credit Line, treating it as a precaution

IMF Renews $10.8 Bn Credit Line For Colombia As Recession Looms

IMF renews $10.8 bn credit line for Colombia as recession looms

South Africa's government has adopted a gradual and phased approach to reopen the economy from May 1

South Africa Starts Easing Coronavirus Lockdown

South Africa starts easing coronavirus lockdown

Already struggling with widespread insecurity and jihadist violence, experts worry Mali is uniquely vulnerable to the coronavirus pandemic

IMF Approves Emergency Virus Loans For Mali, Ethiopia

IMF approves emergency virus loans for Mali, Ethiopia

Nigeria is struggling to cope with both an outbreak of coronavirus and plunging demand for its top export oil

IMF Approves $3.4 Bn For Nigeria To Address Coronavirus

IMF approves $3.4 bn for Nigeria to address coronavirus

An udder way of paying: Chad is reimbursing its debt to Angola with cattle

Cash Cows: Chad Repays $100-mln Angola Debt With Cattle

Cash cows: Chad repays $100-mln Angola debt with cattle

With an economy battered by US sanctions, many Iranians are reopening businesses despite the risks posed by the novel coronavirus

Tehran Cautiously Reopens As Economic Hardship Trumps Virus Risks

Tehran cautiously reopens as economic hardship trumps virus risks

Chile's social unrest that exploded in October exposed deep frustrations over inequality and the cost of living

Chile Unrest Simmers Under Pandemic Lockdown

Chile unrest simmers under pandemic lockdown

South African president and African Union chairperman Cyril Ramaphosa said the coronavirus represents a setback to the continent's progress

Africa Still Needs $44 Bn To Fight Pandemic: World Bank And IMF

Africa still needs $44 bn to fight pandemic: World Bank and IMF

Billions of people around the world have been put into lockdown to limit the spread of the deadly coronavirus, which has put an unprecedented strain on the global economy

Exit Lockdowns With Caution To Avoid Being Confined Again: Experts

Exit lockdowns with caution to avoid being confined again: experts

The International Monetary Fund and World Bank asked members to step up with emergency financing during virtual Spring Meetings amid the COVID-19 pandemic

Everything On The Table To Attack Virus' Economic Damage: IMF

Everything on the table to attack virus' economic damage: IMF

A Venezuelan migrant wears a face mask as he waits to board a bus to voluntarily return to his country because of the novel coronavirus in Cali, Colombia, on April 14

Coronavirus Could Spark Second LatAm 'Lost Decade': IMF

Coronavirus could spark second LatAm 'lost decade': IMF

French President Emmanuel Macron (L) attends a videoconference with G7 leaders on coordination of the COVID-19 pandemic response at the Elysee presidential Palace in Paris on April 16, 2020

G7 To Coordinate Economic Reopening Plans Amid Outbreak

G7 to coordinate economic reopening plans amid outbreak

US President Donald Trump says some states could reopen for business before May, 2020

Trump To Ease Lockdown, Saying Virus Cases Have 'Passed Peak'

Trump to ease lockdown, saying virus cases have 'passed peak'

US dairy farmers have been battling low prices for years and now have to contend with the coronavirus

Coronavirus Economic Impact: Virus Could Cost US Farmers $20 Billion

“We’re looking at a situation with a lot sharper – or very big decline in farm income relative to what had been expected,” said a top industry researcher.

The Federal Reserve has pumped trillions of dollars of liquidity into the US economy as the coronavirus hit

Fed Warns Of Worsening Economy As Virus Savages Retail, Factories

The warnings in the central bank's "beige book" came after the Fed and Commerce Department released monthly surveys that showed contractions not seen in decades for retail sales and manufacturing.

South African police patrol the street during clashes with residents (not visible) of Tafelsig, an impoverished suburb in Mitchells Plain, near Cape Town, on April 14, 2020, after some people in the community did not receive food parcels

IMF Cautions Renewed Social Unrest Possible Amid Pandemic

IMF cautions renewed social unrest possible amid pandemic

People wait in line to collect free rations from a government store during India's nationwide lockdown

Barclays Warns India’s GDP Will Show Zero Growth In 2020

British investment bank warned India’s economy will deliver no growth this year

The IEA said measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery in the second half of the year

IEA Predicts 'Worst Year In The History' Of Oil Sector

IEA predicts 'worst year in the history' of oil sector

Mideast Debt, Unemployment To Spike In Virus Recession: IMF

Mideast debt, unemployment to spike in virus recession: IMF

The IEA said measures taken to bolster the global economy and to reduce oil supply should allow a "gradual" recovery in the second half of the year

IEA Sees Record 2020 Oil Demand Fall Due To Coronavirus

IEA sees record 2020 oil demand fall due to coronavirus

The IMF says Asia's biggest economies will narrowly avoid recession this year, but should boubnce back strongly in 2021

China, India To Narrowly Avoid Recession In Virus-hit 2020: IMF

China, India to narrowly avoid recession in virus-hit 2020: IMF

Falling oil prices are dealing a heavy blow to Middle Eastern economies

Mideast Economy Set For Worst Slump In Decades: IMF

Mideast economy set for worst slump in decades: IMF