Latest News
Real personal consumption expenditures and personal income by state, 2020
By Press Release | Dec 14, 2021
Today, the U.S. Bureau of Economic Analysis (BEA) released official statistics of real state personal consumption expenditures (PCE) for the first time.
IMF staff completes mission for the second review of a staff-monitored program to Guinea Bissau
By Andrew Kanyegirire | Dec 14, 2021
An International Monetary Fund (IMF) staff team, led by Mr. Jose Gijon, held virtual and on-site meetings with the authorities, from November 30 to December 13, 2021, to conduct the second review of the 9-month Staff-Monitored Program (SMP).
U.S. regulators clear path for Canadian Pacific railroad to acquire Kansas City Southern
By David Beasley | Dec 11, 2021
Federal regulating officials recently greenlighted Canadian Pacific's acquisition of Kansas City Southern railroad.
MF staff concludes visit to Uzbekistan
By Press Release | Dec 10, 2021
End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country.
IMF staff completes 2021 Article IV mission to Morocco
By Press Release | Dec 10, 2021
An International Monetary Fund (IMF) staff team led by Roberto Cardarelli conducted virtual discussions with the Moroccan authorities on the 2021 Article IV Consultation from November 30 to December 10.
IMF executive board approves US$275.8 Million ECF arrangement for Niger
By Press Release | Dec 9, 2021
The Executive Board of the International Monetary Fund (IMF) approved today a three-year arrangement under the Extended Credit Facility equivalent to SDR197.4 million (about US$275.8 million or 150 percent of quota) for Niger.
Gross domestic product by county, 2020
By Press Release | Dec 8, 2021
Real gross domestic product (GDP) increased in 864 counties, decreased in 2,234 counties, and was unchanged in 14 counties in 2020, according to estimates released today by the U.S. Bureau of Economic Analysis (BEA).
Bureau of Economic Analysis: Goods and services deficit down in October
By Press Release | Dec 7, 2021
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $67.1 billion in October, down $14.3 billion from $81.4 billion in September, revised.
Statement by IMF Managing Director Kristalina Georgieva on the fifth “1+6” roundtable in China
By Press Release | Dec 6, 2021
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement today at the conclusion of the Sixth “1+6” Roundtable convened virtually by the Chinese authorities:
Stagwell brings 'creativity, digital expertise' to Singapore
By Augustus Griffith Jr. | Dec 5, 2021
Global media conglomerate Stagwell announced Nov. 18 plans to open an office in Singapore. The opening adds to the company's robust expansion across the Asia-Pacific region, as its Global Affiliate program, represents over 90 cities in 49 Asian countries.
'Thrilled about this opportunity': Donaldson Co. acquires Solaris
By George Willis | Dec 5, 2021
Solaris Biotechnology, a designer and manufacturer of bioprocessing equipment, was acquired by Donaldson Co. Inc., a leading worldwide provider of innovative filtration products and solutions, according to a Donaldson Co. release.
'Eager to move forward.': Zion completes drilling phase of new well
By George Willis | Dec 4, 2021
Zion Oil & Gas Inc. is encouraged after completing the drilling phase for its Megiddo-Jezreel #2 (MJ-02) well in Israel.
Biden orders release of 50 million barrels of oil
By George Willis | Dec 3, 2021
President Joe Biden released 50 million barrels of oil from the U.S. strategic reserve to help reduce energy costs as Americans begin traveling for the holidays, according to AP News.
IMF executive board concludes 2021 Article IV consultation with Uruguay
By Press Release | Dec 3, 2021
The economy is showing strong signs of recovery with growth expected to reach 3.4 percent in 2021 and 3.2 in 2022.
IMF executive board concludes 2021 Article IV consultation with Mongolia
By Press Release | Nov 30, 2021
The Mongolian economy is rebounding from its deepest recession in a decade, despite a lingering pandemic.
Survey: Gig economy workers value flexibility twice as much as employees
By Globe Banner Reports | Nov 30, 2021
Twice as many gig economy workers
Bloomberg taking New Economy Gateway Series to Panama: 'critical link between continents'
By David Hutton | Nov 28, 2021
Former New York City Mayor and 2020 Democratic presidential candidate Michael Bloomberg will kick off the Bloomberg New Economy Gateway Series with an event in Panama next year.
IMF, Chile conclude virtual visit
By Press Release | Nov 25, 2021
An International Monetary Fund (IMF) mission, led by Ana Corbacho, met (virtually) with the Chilean authorities during Nov. 15–19 to discuss recent economic developments, policies, and priorities for the country.
IMF finishes visit with Benin
By Press Release | Nov 23, 2021
Following an official request for a new Fund-supported program by the Beninese authorities to anchor the country’s homegrown development plan, an International Monetary Fund (IMF) mission led by Constant Lonkeng conducted in-person and virtual meetings with the Beninese authorities during Nov. 15–23 to discuss recent economic developments and enquire about policy priorities to inform future discussions on an IMF-supported program.
Rising metal prices favor China in green energy push
By Art Benavidez | Nov 21, 2021
As metal costs continue to rise, reports are surfacing that relying on renewable energy will only make the U.S. more dependent on China due to the country's domination of the industry.