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Darling: G20 will keep the rescue packages

06.11.09

Alistair Darling today declared that his peers in the G20 were agreed that it was too early to rein in the economic stimulus packages... more

London’s economy breathes easy but can it really last?

20.10.09

The capital's house prices are back at their 2007 peak but if the recovery seems too good to be true, it probably is... more

IMF chief says it is too soon to hold back on stimuli

02.10.09

World governments must carry on injecting stimuli into their economies, the head of the International Monetary Fund Dominique Strauss-Kahn has said... more

Blow for Darling as IMF warns Ł175bn injection is ‘not enough’

12.08.09

The Bank of England’s Ł175 billion quantitative easing scheme may not be boosting the economy, the IMF has warned... more

Deficit must be cut, IMF warns Brown

16.07.09

The International Monetary Fund warned Gordon Brown he must produce a "credible plan" to reduce the budget deficit... more

Ten countries could need lifeline from IMF

10.07.09

The International Monetary Fund is in talks over providing aid programmes to at least 10 European governments... more

Further joy as IMF is ready to raise its sights on growth

11.06.09

The International Monetary Fund is set to upgrade its forecasts for global economic growth, it emerged, further fuelling the feeling that the world is climbing out of recession ... more

Climbdown by IMF in row over bailout cost

22.04.09

A furious row erupted between the Treasury and the International Monetary Fund over projections from the world finance watchdog, threatening to throw Alistair Darling’s Budget into disarray... more

Treasury challenges IMF over bail-out bill

22.04.09

The Treasury clashed with the International Monetary Fund over Britain's banking bail-out figures just as Alistair Darling was putting the finishing touches to his Budget... more

Geithner anger at IMF

22.04.09

Under-fire US Treasury Secretary Timothy Geithner is also at odds with the International Monetary Fund... more

...as Treasury row over bailout costs hots up after muddle

22.04.09

A furious row between the Treasury and the International Monetary Fund escalated after Alistair Darling clashed for the second day running with the world finance watchdog over the cost of the UK banks bailout... more

IMF warns crisis damage will climb to $4.1 trillion

21.04.09

The International Monetary Fund has warned that the global financial crisis was far from over, and losses by banks and other institutions will soar to a staggering $4.1 trillion by the end of 2010... more

Gordon can’t ignore our anger over MPs’ perks

06.04.09

Gordon Brown suggested yesterday that he had more important issues than MPs’ expenses to deal with, such as the G20 and saving the globe, and in one way he is right... more

Grim US jobless data take the gloss off G20 euphoria

03.04.09

The jubilant mood created by the G20 summit agreements yesterday was rapidly replaced this afternoon by a grim appreciation of the extent of the world’s economic troubles as US unemployment soared to its highest since 1983... more

Battle of national wills is real test for G20 in financial tornado

30.03.09

The pressure is on the G20 to unite behind a deal to restore confidence to the world economy – but national self-interest and regional alliances will hold the key in the negotiations ... more

IMF ‘war’ worry over recession

23.03.09

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IMF: Recession will be worse than predicted

17.03.09

The recession in Britain will be longer and deeper than previously thought, the International Monetary Fund has warned... more

Path through the minefield for G20

16.03.09

Following this weekend's dress rehearsal for the summit meeting in three weeks of G20, the world's leading economic nations, the word has appareThese are uncomfortable times for Jersey. An island whose economy has moved from agriculture through tourism to the point where fully half its income derives from financial services can only look with extreme nervousness at the onset of a global economic slowdown. But if that were not danger enough, the island also finds itself facing an unprecedented drive by the world's leading governments to clamp down on tax havens. At a conference organised by Jersey-based magazine Business Life last week, the island's politicians, regulators and promoters of financial services were at one in positioning it as an offshore financial centre, not a tax haven. The difference is fundamental. Successful financial centres are well-regulated and transparent; tax havens are secretive and largely unregulated. In Jersey's case, its policy of openness and co-operation with other countries over the past decade means that it is quite the last place anyone should seek to hide their ill-gotten gains. The danger is that, in their current mood, the world's politicians are unlikely to allow the very evident distinctions between the good, the bad and the ugly in the offshore world stand between them and a favourable headline. In time, Jersey may benefit from the flight to quality as other offshore centres lose business. Meanwhile, it needs its friends. ntly been put out by the Prime Minister that he wants "announceables"... more