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Olivier Blanchard

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Greece crisis poses little threat to global economy: IMF

The ongoing Greece economic crisis poses a little threat to the rest of the world as the global economy has withstood the stress tests of the last two weeks fairly well, the International Monetary......

The global economy - are we there yet?

It is a wonder how pervasive and long-lasting the damage can be from a balance-sheet crisis, says Suman Bery. The semi-annual meetings of the IMF and the World Bank generate an outpouring of......

India to clock 7.5% growth, will overtake China: IMF

India will overtake China as the fastest growing emerging economy in 2015-16 by clocking a growth rate of 7.5 per cent on the back of recent policy initiatives, pick-up in investments and lower oil......

Oil drops towards $48 after IMF cuts growth forecast

Brent crude oil prices fell towards $48 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Global growth......

US will pay its bills, Obama assures the world

US President Barack Obama has assured the jittery market and the world community that his country would pay his bills, even as the IMF warned that the failure to increase the debt ceiling would......

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