World News

Global Sovereign Rating Outlook Improves, but High Debt Lingers-Fitch

(This Statement was made by Fitch Ratings on Wednesday July 12, 2017) The global sovereign credit cycle reached an inflection point at the end of last year and has turned less negative in 2017, says Fitch Ratings in its mid-year Sovereign Review and Outlook. As of end-June, there were 17 […]

Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Visit to Croatia

July 12, 2017/IMF Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today in Dubrovnik: “It has been a great pleasure to be in Croatia. I participated in a joint IMF/Croatian National Bank conference on “Reaccelerating Convergence in Central Eastern and Southeastern Europe: The […]

IMF Note on Global Prospects and Policy Challenges

July 5, 2017/IMF The Following executive summary is from a note by the Staff of the IMF prepared for the July 7-8, 2017 G-20 Leaders’ Summit in Hamburg, Germany. Read the Full text Executive Summary The global recovery remains on track, with some changes in its composition. While the U.S. […]