The International Monetary Fund voiced alarm Monday about energy subsidies across the world, saying they were expected to reach $5.3 trillion in 2015, more than government health spending.
India's biggest outsourcing firm Tata Consultancy Services Thursday reported only a marginal rise in its earnings for the just-ended financial year citing volatile currency markets and a sluggish global economy.
In March 2013, Cyprus agreed to a €17 billion (£13.42 billion) international bailout by the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Commission (EC).
An old proverb says, "Take what you want and pay for it." That's really the message of a new book, "Getting Energy Prices Right: From Principle to Practice," published in July by the International Monetary Fund (IMF). The ...
(Phys.org) —El Niño has a significant impact on the world and local economies - and not always for the worst - and countries should plan ahead to mitigate its effects, according to a new Working Paper from the University ...
Influential economic ideas first advanced in 1911—stressing innovation and entrepreneurialism as the fundamental generators of growth and wealth—were deemed inappropriate for developing countries, stunting progress in ...
Pakistan's cash-strapped government has promised to sell 3G mobile telephone licences to raise revenue, match regional rivals and drive prosperity, but the process has been beset by delays.
The author of an influential 2006 study on climate change warned Tuesday that the world could be headed toward warming even more catastrophic than expected but he voiced hope for political action.
Hacker group Anonymous blocked the official website of Argentina's National Institute of Statistics and Census amid an international stand-off over claims the country has lied about its economy.
Industry tracker comScore on Thursday reported that US shoppers spent a total of $42.3 billion online during the year-end holiday season—a 14 percent jump from the same period in 2011.