- Celebration of Peru's economic boom comes late Updated: Oct-09-15 11:54 am
LIMA, Peru - The world's top finance officials lavished praise on Peru's "economic miracle" this week, lauding it for cutting poverty by half during a decade-long bonanza of record-high prices for gold, copper and other metals it mines.
- Latin America rolls out red carpet for once-scorned IMF Updated: Oct-08-15 5:17 pm
LIMA, Peru - The last time the IMF held its annual meetings in Latin America, Ernesto "Che" Guevara was trying to spread Cuba's revolution throughout the hemisphere and much of the region was under the thumb of repressive dictatorships.
- IMF Chief: We're cooked if we fail on climate change Updated: Oct-07-15 11:28 pm
LIMA, Peru - International Monetary Fund chief Christine Lagarde said Wednesday that failure to take urgent action on global warming will condemn humanity to the same fate as the Peruvian poultry that so many delegates to the group's annual meeting are enjoying this week in a country famed for its cuisine.
- IMF sees recession for Latin America on commodities shock Updated: Oct-07-15 6:21 pm
LIMA, Peru - Latin America's economy is likely to go into recession this year for the first time since the end of the global financial crisis as China's slowdown lessens demand for the region's commodities, threatening to undo recent progress in reducing poverty, the International Monetary Fund said Wednesday.
- Root of investor anxiety: Uncertainty about China and Fed Updated: Sep-30-15 6:31 pm
Fears about China's slowdown and a coming U.S. interest rate hike have sent global stock markets into a fidgety freefall.
- Prosecutor: Drop corruption case against IMF chief Lagarde Updated: Sep-23-15 8:06 am
PARIS - A French prosecutor is arguing that a corruption investigation involving International Monetary Fund chief Christine Lagarde should be dropped.
- Is now time for a Fed rate hike? Here are 2 clashing views Updated: Sep-16-15 1:20 pm
WASHINGTON - For seven years - through political fights, Europe debt crises and market panic - investors could count on one thing: Short-term U.S. interest rates would stay locked near zero.