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WASHINGTON: Pakistan needs to mobilise domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a meeting with Pakistani Prime Minister Imran Khan
WASHINGTON (Reuters) - The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war that has darkened the outlook for global growth.
TORONTO (Reuters) - It will take years for the full effects of reforms to be seen in Ukraine, where the government is trying to cast off Soviet-era institutions while clamping down on corruption, Finance Minister Oksana Markarova said on Tuesday.
LOS ANGELES (AFP): Actress Peggy Lipton, who gained fame in the late 1960s with her star turn on the counter-culture cop show “Mod Squad” and returned to TV two decades later on “Twin Peaks,” has died at age 72 after a battle with cancer.
WASHINGTON: The six-month delay of Britain's exit from the European Union avoids the "terrible outcome" of a "no-deal" Brexit that would further pressure a slowing global economy but does nothing to lift uncertainty over the final outcome, the head of the International Monetary Fund said on Thursday.
CAIRO: Egypt raised gasoline prices by up to 50 percent, the oil ministry said on Saturday, under an IMF reform plan that calls for the slashing of state subsidies on some consumer products.
KIEV (Reuters) - Ukraine's prime minister, Volodymyr Groysman, said on Saturday the government was reviewing the way it sets domestic gas bills to make sure market prices are taken into account - a bid to answer demands under a $17.5-billion IMF aid programme.
LONDON: From cocoa to tea, food and drink giants are setting their own standards for ethical sourcing of raw materials, moving away from third-party labels such as Fairtrade.
TOKYO: The International Monetary Fund urged Japan to avoid withdrawing fiscal policy stimulus and said monetary policy should be loosened further if risks to the economy materialise, warning of weak consumption that remains vulnerable to external shocks.
LONDON: U.S. food company Kraft Heinz Co made a surprise US$143 billion (114.95 billion pounds) offer for Unilever Plc in a bid to build a global consumer goods giant, although it was flatly rejected on Friday by the maker of Lipton tea and Dove soap.