The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., of 189 countries. Each country or region is represented by a member on the Fund's Executive Board and numerous staff members. They work to foster global monetary cooperation by means of standardizing global financial relations and exchange rates.
The IMF main function is to oversee the international monetary and financial system and monitor the economic and financial policies of its member countries. This activity is known as surveillance and facilitates international cooperation. While the IMF sets standards for the global economy and monitors the financial communications between countries, it also helps those countries in need by lending them the money necessary to turn their economy around and rebuild their financial structure. Countries contribute to a pool from which countries in need can borrow as a short-term loan. If a country has a balance of payments deficit, the IMF can step in to fill the gap. It serves as a council and adviser to countries attempting a new economic policy.
Ex-federal prosecutor: 'It's clear' Trump will be indicted on charges of violating campaign finance law
'The Southern District of New York case on Cohen, They are clearly going after the president on campaign finance violations and I think if you read the ...
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Yahoo Finance's morning wrap for Monday
Yahoo Finance's American counterparts have spoken to some economists who say that last week's headaches, which have centred around trade, give ...
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Fox News' Andrew McCarthy: Trump Will be Indicted on Campaign Finance Violations
Fox News contributor Andrew McCarthy told Fox & Friends this morning that he believes President Donald Trump will be indicted on campaign finance ...
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House Republican: If Trump violated campaign finance law, it's not 'anywhere near impeachable'
"Is this a campaign finance violation' Which would obviously, I don't think be anywhere near impeachable. That's what we want to find out at the end ...
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Climate finance should not trap countries in debt - SPC
The Pacific Community says climate finance needs to empower efforts to adapt to a changing climate, not trap countries in debt. The Community's ...
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Fox News Contributor: Trump 'Likely To Be Indicted' On Campaign Finance Violations
Fox News contributor Andrew McCarthy has bad news for President Donald Trump: Get ready to be indicted for violating federal campaign finance ...
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Why the next 10% move in the stock market might be down
Before I begin this article, I would like to state that I am not one of those perma-bears who consistently calls for the end of the world. I simply observe ...
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Ringgit slightly lower against US dollar this morning
KUALA LUMPUR, Dec 10 ' The ringgit was slightly lower against the US dollar this morning on weaker demand for the local note, amid renewed ...
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Dollar changes hands in mid-112 yen range in early trade in Tokyo
TOKYO, Dec. 10 (Xinhua) -- The U.S. dollar traded in the mid-112 yen range in early deals in Tokyo on Monday, dropping from the upper 112 yen ...
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Dollar slips as US job data fans growth worries; pound, yuan on backfoot
TOKYO (Reuters) - The dollar slipped against the yen and the euro on Monday after soft U.S. payrolls data fuelled speculation that the Federal ...
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Asia Stocks at Risk Post S&P 500 Weekly Dive, Yen Prices May Rise
In the FX spectrum, this resulted in the pro-risk Australian and New Zealand Dollars to fall behind their major peers. The US Dollar edged cautiously ...
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Australia stocks fall after China reported weak export, import data
The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.670 after touching highs around the 97.2 handle last week.
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