IMF unblocks cash as desperate west Africa awaits Ebola aid

The International Monetary Fund fast-tracked $130 million (102.5 million euros) in aid Friday to fight the Ebola epidemic after the governments of the worst-hit countries in west Africa said they were desperately counting on promises of global aid to be backed up with cash.

IMF frees USD 4.6 billion in aid for Greece

The International Monetary Fund released USD 4.6 billion in aid to Greece today, after a yearlong delay to ensure Athens was meeting targets set by bailout lenders.

Mozambique mulls sovereign wealth fund

Mineral-rich Mozambique is considering the establishment of a sovereign wealth fund, the country`s finance minister said Thursday.

Afghan economy falters as NATO mission ends

Afghanistan`s aid-dependent economy is slowing markedly as NATO troops withdraw, the International Monetary Fund (IMF) said Wednesday, warning that violence, political instability and lack of reform threaten future growth.

IMF approves $17 bn aid deal for `combat-alert` Ukraine

The International Monetary Fund has approved a $17 billion aid deal for the beleaguered Ukrainian economy as Kiev`s armed forces went on "full combat alert" against a possible Russian invasion.

Ukraine currency recovers after 46% interest rate hike

Ukraine`s currency steadied today after heavy falls and after the crisis-hit country`s central bank unexpectedly raised the key interest rate by nearly 50 per cent to boost consumer confidence and stop spiralling inflation.

Greek MPs adopt controversial bill tied to EU-IMF loans

Greece`s Parliament narrowly approved an omnibus bill of reforms tied to the country`s next tranche of EU-IMF loans, the Parliament Speaker said.

East-West standoff complicates any IMF deal for Ukraine

Ukrainian bond prices are holding up better than expected in the stand-off with Russia because investors think the International Monetary Fund might not impose tough conditions in an expected aid programme due to Kiev`s political importance to the West.

Ukrain crisis: William Hague to hold talks with US Secretary of State, IMF

British Foreign Secretary William Hague on Monday said he will travel to Washington to speak to US Secretary of State John Kerry and the International Monetary Fund (IMF) after Ukrainian government today urged the international community to provide $35 billion aid to improve the country`s economy.

Up to 21, mostly foreigners, killed in Kabul suicide attack

Up to 21 people were killed in Friday`s attack on a restaurant popular with foreigners in the Afghan capital, after a suicide bomber blew himself up near the entrance and gunmen burst in to spray diners with bullets.

Ukraine economy under threat amid street protests

Hidden behind the tug of war over whether Ukraine will cast its lot with Europe or Russia is the prospect of bankruptcy. Someone will need to chip in at least USD 10 billion in the coming months.

India will vote my government back to power in 2014: Chidambaram

Finance Minister P Chidambaram said that the UPA government will be voted back to power in the General Election in India next year.

Strauss-Kahn to work 3 months for free in Serbia

Strauss-Kahn told reporters today he will "work three months pro bono, and then we`ll see what will happen."

Strauss-Kahn to be Serbia`s economic adviser

Former International Monetary Fund chief Dominique Strauss-Kahn, who faces pimping charges will serve as economic adviser for the Balkan country`s top officials, Serbia`s deputy prime minister said.

Montek rules out approaching IMF over economic woes

Hit by a currency crisis and poor growth, India on Saturday ruled out approaching the International Monetary Fund (IMF) for assistance, saying the economic situation has not reached a point where outside help is warranted.

Trial of ex-IMF chief Strauss-Kahn `next year`

Former IMF chief Dominique Strauss-Kahn is accused of "aggravated pimping" in an alleged prostitution ring in France.

My political career is over: Strauss-Kahn

Former IMF chief Dominique Strauss-Kahn declared in an interview that his political career was over and he was instead working as an economic advisor.

Prosecutor wants pimping charges dropped against Strauss-Kahn

The French prosecutors recommended the dismissal of pimping charges against Dominique Strauss-Kahn.

IMF recognises Somalia after 22 years of chaos

The International Monetary Fund has announced that it is recognising Somalia`s new government after a 22-year break in relations with the once-chaotic country.

IMF announces USD 18.4 million quick aid to Mali

The economic situation in Mali is going through a difficult period as a result of the 2011 drought, insurgent attacks in the north and political instability after the coup in March 2012.