The International Monetary Fund (IMF) is a multinational organization including 189 countries, which was founded in 1945. Its main goals are to globally promote monetary cooperation and economic growth.
The head of the International Monetary Fund (IMF) Christine Lagarde has announced plans to create a ‘rainy day fund’ for the eurozone to provide a buffer against economic downturns for the single currency union.
The amount of power wasted on producing bitcoin and other cryptocurrencies could soon be equivalent to the yearly energy needs of a large country like Argentina if current trends continue, according to IMF chief Christine Lagarde.
The growing debt dependency at a “dangerous pace” by the world’s second-biggest economy, China, has raised International Monetary Fund (IMF) concerns. The fund has warned of large risks and imbalances.