World News

Emerging market pain dominates G20 economy talks

Emerging and developed G20 powers struggled to find common ground on Thursday over the turmoil unleashed by the prospect of the United States reducing a flood of dollars to the world economy. The Group of 20, which united in response to global crisis in 2009, now faces a U.S. economy […]

IMF Appoints New Resident Representative to Cyprus

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Thursday said it has appointed Vincenzo Guzzo as new resident representative to Cyprus. According to the IMF, Guzzo will start his assignment in Nicosia on September 9, 2013. He is an Italian national, joined the IMF in 2009 and has […]

IMF Update on Global Prospects and Policy Challenges

Executive Summary This report provides an interim update of global developments and risks since the July Surveillance Note. Global growth remains subdued but its underlying dynamics are changing. At the global level, major economies are seeing increasingly different growth dynamics and their relative cyclical positions are changing. Recent indicators point […]