IMF

The heads of the International Monetary Fund and the World Bank are warning that rising interest rates are squeezing the world’s poorest countries as they struggle with the coronavirus and soaring food prices

Treasury Secretary Janet Yellen has urged world finance leaders to “get concrete” as they look for ways to combat a looming crisis over food insecurity around the globe that Russia’s war in Ukraine has made worse

The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago

Asian stocks are mostly lower after weak U.S. retail and manufacturing added to global gloom over the impact of the coronavirus pandemic

Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says