France's presidential election is adding to the existing political uncertainty worldwide as it raises several questions on the future of the euro area, the International Monetary Fund Managing Director Christine Lagarde said Tuesday. more...
Global growth will be driven this year by a rebound in advanced economies that benefit from lower oil prices, while the economic situation will remain sluggish in the emerging market and developing economies, the International Monetary Fund said in a repor. In its twice-yearly World Economic Outlook, the IMF retained the world growth forecast for this year at 3.5 percent. The lender raised the growth forecast for next year to 3.8 percent ...