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U.S trade deficit falls sharply in June as imports decline
By Globe Banner | Aug 12, 2025
The U.S. goods and services trade deficit narrowed to $60.2 billion in June 2025, according to a joint announcement from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.
IMF announces closure of resident representative office in Costa Rica
By Globe Banner | Aug 11, 2025
The International Monetary Fund (IMF) announced it will close its Resident Representative Office in San José, Costa Rica, effective mid-October 2025.
IMF staff concludes Article IV consultation mission with Eswatini
By Globe Banner | Aug 6, 2025
An International Monetary Fund (IMF) staff team led by Xiangming Li visited Mbabane from July 24 to August 6, 2025, to conduct the 2025 Article IV Consultation with Eswatini’s authorities.
IMF approves fifth review under Extended Credit Facility arrangement for Zambia
By Globe Banner | Aug 5, 2025
The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Zambia’s 38-month Extended Credit Facility (ECF) Arrangement, following its Article IV consultation and financing assurances review.
IMF board reviews Saudi Arabia's economic progress amid diversification efforts
By Globe Banner | Aug 4, 2025
The Executive Board of the International Monetary Fund (IMF) has concluded its 2025 Article IV Consultation with Saudi Arabia, following a review held on July 28, 2025.
U.S. personal income rises 0.3% as government benefits lead gains
By Globe Banner | Aug 3, 2025
Personal income in the United States rose by $71.4 billion, or 0.3 percent, in June 2025, according to estimates released by the U.S. Bureau of Economic Analysis (BEA).
IMF completes review of Canada's financial system stability
By Globe Banner | Aug 1, 2025
The International Monetary Fund (IMF) Executive Board has concluded its 2025 Financial System Stability Assessment with Canada.
IMF concludes economic review mission with Colombian authorities
By Globe Banner | Aug 1, 2025
An International Monetary Fund (IMF) staff team has concluded its visit to Bogotá, Colombia, after holding discussions with Colombian authorities about the country’s recent economic performance and policy direction.
Consortium led by Allianz and BlackRock completes acquisition of Viridium Group
By Globe Banner | Aug 1, 2025
A consortium of leading insurers and asset managers, including Allianz, BlackRock, Generali Financial Holdings, Hannover Re, and T&D Holdings, has finalized the acquisition of Viridium Group from Cinven.
IMF completes first review under Extended Fund Facility for Argentina
By Globe Banner | Jul 31, 2025
The Executive Board of the International Monetary Fund (IMF) has completed the first review of Argentina’s extended arrangement under the Extended Fund Facility (EFF).
IMF approves new credit facility arrangement for Chad worth $625 million
By Globe Banner | Jul 31, 2025
The International Monetary Fund (IMF) has approved a new 48-month Extended Credit Facility (ECF) arrangement for Chad.
IMF mission reviews Sri Lanka's economic reforms under Extended Fund Facility
By Globe Banner | Jul 31, 2025
An International Monetary Fund (IMF) mission team, led by Evan Papageorgiou, IMF Mission Chief for Sri Lanka, visited Colombo from July 21 to 25, 2025.
IMF concludes Article IV mission discussing economic recovery prospects for Vanuatu
By Globe Banner | Jul 31, 2025
The International Monetary Fund (IMF) has concluded its 2025 Article IV Consultation with Vanuatu.
IMF board completes Article IV consultation on Mali's economic outlook
By Globe Banner | Jul 31, 2025
The Executive Board of the International Monetary Fund (IMF) has completed its Article IV consultation with Mali, according to a statement released in Washington, DC on July 31, 2025.
IMF completes first review of credit facility for São Tomé & Príncipe
By Globe Banner | Jul 31, 2025
The International Monetary Fund (IMF) Executive Board has completed the first review of São Tomé and Príncipe’s 40-month Extended Credit Facility (ECF) arrangement and concluded its 2025 Article IV Consultation with the country.
U.S. economy grows at annual rate of 3% in second quarter of 2025
By Globe Banner | Jul 30, 2025
Real gross domestic product (GDP) in the United States grew at an annual rate of 3.0 percent during the second quarter of 2025, according to the advance estimate released by the U.S. Bureau of Economic Analysis (BEA).
IMF raises global growth forecast but warns risks remain amid ongoing trade tensions
By Globe Banner | Jul 29, 2025
Global trade developments have continued to influence the economic outlook, according to Pierre-Olivier Gourinchas, who delivered opening remarks at the July 2025 World Economic Outlook Update.
Binance CEO: 'Binance welcomes U.S. bipartisan efforts toward clear, rule-based regulation'
By Globe Banner | Jul 28, 2025
Richard Teng, Chief Executive Officer of Binance, has expressed that new U.S. crypto legislation lays the groundwork for institutional trust, regulatory clarity, and global industry alignment.
IMF concludes Article IV consultation with UK: Economic outlook assessed
By Globe Banner | Jul 25, 2025
On July 21, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with the United Kingdom.
IMF completes fifth review under extended credit facility with Zambia
By Globe Banner | Jul 25, 2025
The International Monetary Fund (IMF) Executive Board has completed the Article IV Consultation and fifth review of Zambia's 38-month Extended Credit Facility (ECF) Arrangement.