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Centralized Digital Bank Currencies: The Future of Digital Money Says IMF Chief
Cryptocurrencies
Centralized Digital Bank Currencies: The Future of Digital Money Says IMF Chief
2021-07-29 20:28:16
by Victoria Turner

After working for over a decade on modernizing its payment system, the Bahamas is now home to the world’s first central bank digital currency called the “sand dollar.” For this archipelago of 700 Caribbean islands, moving to a mobile payment... Read More

Global Economy to See Multi-Speed Recovery
Economy
Global Economy to See Multi-Speed Recovery
2021-03-30 20:11:23
by Daniel Mollenkamp

The pandemic has caused profound and long-lasting changes to the global economy. However, the world also has a narrow window to avoid throwing lots of people into more uncertainty, insecurity, and poverty, said an executive from the International Monetary Fund... Read More

Yellen Encourages ‘The Age of Womenomics’
Economy
Yellen Encourages ‘The Age of Womenomics’
2021-03-10 14:23:38
by Kate Michael

WASHINGTON —Treasury Secretary Janet Yellen grew up surrounded by hardships endured during the Great Depression. Her father’s medical practice was located inside the family home, so she not only heard stories from the patients but also saw firsthand the result... Read More

New IMF Head Blames Trade Conflicts for 'Synchronized Global Slowdown'
Economy
New IMF Head Blames Trade Conflicts for 'Synchronized Global Slowdown'
2019-10-08 22:31:21
by Dan McCue

WASHINGTON  — Kristalina Georgieva, the new head of the International Monetary Fund, said Tuesday that the world economy is in the grips of a "synchronized global slowdown" fueled by ongoing trade disputes. Speaking at the World Bank/IMF annual meetings being... Read More

Top World Bank Official Tapped As New Chief at International Monetary Fund
Finance
Top World Bank Official Tapped As New Chief at International Monetary Fund
2019-09-27 20:51:34
by Dan McCue

WASHINGTON - Kristalina Georgieva, a Bulgarian economist and top World Bank official, has been named the new head of the International Monetary Fund. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central... Read More

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