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IMF: Global housing markets are retreating after years of steady gains

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The Chart of the Week shows widespread declines in inflation-adjusted housing prices for two-thirds of the countries with recent data from the Organisation for...

Turkey Climbs Up To 11th Place Globally In Terms of GDP

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​​​The International Monetary Fund (IMF) has revised its GDP forecasts for countries around the world in its latest World Economic Outlook April 2021 report. Accordingly, growth forecast for the...

IMF lends $2 billion more to Egypt

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International Monetary Fund (IMF) announced on Monday that it would lend Egypt an additional $2 billion within the scope of the 3-year loan programme. IMF...

IMF cuts global growth outlook for 2019

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Chief economist Gita Gopinath announced the global growth estimations for 2019 in a press conference held on Monday. Ms. Gopinath stated that world economy is...

Argentina forced to seek IMF aid over fears for economy

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Argentina forced to seek IMF aid over fears for economy Argentina’s struggle this week to prevent a collapse in its currency and soaring interest...

Debt Crisis of Greece!

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European Union is in search of a solution for Greek debts! The head of IMF Christine Lagarde claimed that Greek debt has a long road...

The World’s Economy is Gaining Momentum!

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The head of IMF Christine Lagarde explained that the world’s economy is gaining momentum! Lagarde has claimed that the despite of the fact that the...