INTERNATIONAL MONETARY FUND
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PERSIAN GULF
Global economy at risk of recession if war against Iran persists: IMF
The International Monetary Fund (IMF) warns that the global economy is at risk of a major recession if the United States fails to reach an agreement with Iran and the conflict persists.
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ECONOMY
IMF expects Iran’s economy to grow by 3% this year
IMF figures show Iran’s economy will expand by 3% this year and by another 2% next year.
A SIMPLE QUESTION
Greece and EU
In 2010 Greece became effectively insolvent and the European Union offered to help Greece avoid bankruptcy – but at a price.
LEBANON
Lebanon court orders seizure of central bank governor’s assets
A Lebanese court orders seizure of the assets and property of the country’s central bank governor Riad Salameh.
ON THE NEWS LINE
Cruel US sanctions
The coronavirus and its aftermath has become the latest battlefield between Iran and the US.
VENEZUELA
IMF declines Venezuela's request of $5bn to tackle coronavirus
The International Monetary Fund has declined to offer a $5 billion financial support to Venezuela to fight the coronavirus pandemic.
ECONOMY
Iran finance minister cancels US visit over visa denials
Iran’s finance minister says he canceled a US visit after members of his delegation were denied visas.
ECONOMIC DIVIDE
IMF loan: The takeover of Pakistan
Pakistan has been facing serious challenges in the past 30 years.
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