Latest News
IMF executive board concludes 2021 Article IV consultation and sixth review under the IMF’s extended arrangement for Barbados
By Press Release | Dec 16, 2021
On December 15, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with Barbados.
'We can see a warm future': Oil executives, energy officials discuss future of alternative fuels
By Augustus Griffith Jr. | Dec 15, 2021
The 23rd World Petroleum Conference kicked off Dec. 6 in Houston, with almost 5,000 people from 70 countries in attendance, according to World Oil magazine.
White House reassures oil industry: Administration has 'heard you loud and clear'
By Andy Nghiem | Dec 15, 2021
A bipartisan group of lawmakers from the House of Representatives recently sent a letter to Pres. Joe Biden asking him not to ban the export of oil from the United States.
IMF executive board concludes 2021 Article IV consultation with the Republic of Malawi
By Press Release | Dec 15, 2021
The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Republic of Malawi on December 13, 2021.
IMF staff completes mission for the first review of the Extended Fund Facility for the Republic of Gabon
By Press Release | Dec 15, 2021
An International Monetary Fund (IMF) staff team led by Mr. Boileau Loko visited Gabon from December 8 to 14, 2021 to conduct discussions on the first review of Gabon’s extended arrangement under the Extended Fund Facility (EFF), which was approved in July 2021.
Consumer prices and core inflation rising at alarming rate
By Bob Martin | Dec 14, 2021
The U.S. Bureau of Labor Statistics has announced that the year over year producer price index reached record marks in November.
IMF executive board approves new Extended Credit Facility (ECF) arrangement for Chad
By Press Release | Dec 14, 2021
The Executive Board of the International Monetary Fund (IMF) approved a 36-month arrangement under the Extended Credit Facility (ECF) in an amount equivalent to SDR 392.56 million (about US$570.75 million or 280 percent of quota), to help meet Chad’s large balance-of-payments and budgetary needs, including by catalyzing financial support from official donors.
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.