The Latest Breaking News from International Monetary Fund

Is Coterra Energy a Good Oil & Gas Stock to Invest In?

Rallying oil and gas prices amid a tight supply outlook has helped Coterra Energy (CTRA) register solid gains. However, considering the International Monetary Fund's (IMF) bearish global economic growth outlook, is CTRA well-poised to maintain its gains? Keep reading to learn our view.

StockNews.com · Apr 21, 2022

Crypto Miner BitRiver Sanctioned By US Over Russian Operations: Bloomberg

The U.S. Treasury Department sanctioned crypto mining firm BitRiver, targeting one of the industry’s top data-center service providers over its operations in Russia, Bloomberg reported. The Swiss-based company BitRiver provides Bitcoin miners worldwide with energy sources, mining facilities, and large-scale management solutions, including those in Eastern Europe and Russia.  Treasury announced…

Benzinga · Apr 21, 2022

Elon Musk secures $46.5bn as he prepares hostile bid for Twitter – as it happened

Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis

The Guardian - UK · Apr 21, 2022

Economist Cuts China GDP Growth Forecast As COVID Lockdowns Weigh On Economy

This week, the International Monetary Fund cut its global GDP growth forecast for 2022 and 2023 in the wake of the economic disruption caused by Russia's invasion of Ukraine.

Benzinga · Apr 20, 2022

Netflix loses users for first time in a decade

We take a look at the many reasons why the global streaming giant Netflix lost some 200,000 users this past quarter and we find out what the site may do to get investors happy again. We also discuss the IMF's downgrading of global economic forecasts. Finally, takeaway delivery platform Deliveroo…

France 24 · Apr 20, 2022

Russia Could Mine Bitcoin To Evade Sanctions: International Monetary Fund Warns

Russia could mine Bitcoin (CRYPTO: BTC) in an effort to evade the economic sanctions that were imposed on the nation after it invaded Ukraine, according to the International Monetary Fund (IMF).

Benzinga · Apr 20, 2022

As Central Banks Adjust Monetary Policies, IMF Signals Further Market Sell-Off: CNBC

The International Monetary Fund has warned of more market sell-offs as central banks attempt to combat higher inflation and ease back on pandemic stimulus measures. Market players started 2021 on an optimistic note, predicting some economic momentum amid the easing of COVID-19 restrictions, which would likely boost stocks. 

Benzinga · Apr 20, 2022

Ukraine Set to Dominate G20 Finance Chiefs Summit

Finance officials from the world's richest countries will meet on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over Russia's invasion of Ukraine. Moscow's attack on its neighbor is set to dominate the meeting of G20 finance ministers…

Asharq Al-Awsat · Apr 20, 2022

IMF head warns rising food and fuel prices strain family budgets ‘to breaking point’ – as it happened

IMF managing director Kristalina Georgieva says ‘double crisis’ from Ukraine war and Covid is ‘a massive setback for the global recovery,’ as the fund says it’s open to emergency financing for nations facing food insecurity

The Guardian - UK · Apr 20, 2022

Sri Lanka promises impartial probe after first death in weeks of protests

Sri Lankan police will launch an "impartial and transparent" investigation into clashes with protesters after the first death in weeks of unrest over the government's handling of the economy, the president said on Wednesday.

Reuters · Apr 20, 2022