Global stock markets ended the week in a sea of red — despite the best efforts and pledges of leading central banks and the IMF to stop the selling panic amid the Covid-19 crisis.

The governor of the Bank of England Mark Carney, is unlikely to succeed Christine Lagarde as the boss of the IMF, European officials have said as the EU was considering four other people for the job.

The IMF said more work is needed to further reduce global trade imbalances amid increasing tensions, while issuing a fresh warning that such conflicts are weighing on the global economy.

A new IMF blog post, arguing that low corporation tax rates harm poor countries, will make uncomfortable reading for the Government, as it battles to maintain Ireland’s decades-old business model.

The International Monetary Fund has urged the Government to “strengthen fiscal buffers, address key structural bottlenecks to growth, and continue preparing for Brexit” in its latest assessment on the country’s finances.

The IMF has aimed an early warning shot at Paschal Donohoe, telling the finance minister to avoid any more huge spending over-runs on healthcare and to get on with significant tax changes, including the local property tax, Vat, and the USC.

The International Monetary Fund (IMF) has cut its world economic growth forecasts for 2019 and 2020 due to weakness in Europe and some emerging markets, and said failure to resolve trade tensions could further destabilise a slowing global economy.

World economy forecast to grow by 3.5% in 2019,

Both the OECD and IMF recently revised down their growth forecasts for the world economy in 2018 and 2019.

With a rather good sense of timing, the IMF warned last week in its biannual global financial stability update that risks to the financial system have risen this year.

Italy should abide by European budget rules and must settle its differences with Brussels over higher state spending in talks with the EU’s executive, a senior IMF official has said.

The IMF has cut its global economic growth forecasts for 2018 and 2019, saying that the US-China trade war was taking a toll and emerging markets were struggling with tighter liquidity and capital outflows.

The year may have got off to a flyer, but the first half of 2018 has been characterised by the return of risk aversion and volatility in financial markets, writes Oliver Mangan.

The IMF has urged the Government to redouble its efforts to build new homes and reduce the hoarding of land.

The sun shone metaphorically and splendidly on Ireland yesterday.

Financial markets in Italy have plunged amid fears that the eurozone's third-largest economy is heading towards another election that could shape up to be a referendum on whether to stay in the euro.

The IMF has urged the Government to abolish the special 9% Vat rate for the tourism and hospitality sector, prioritise spending on infrastructure and healthcare, and opt for tax increases rather than cuts in future budgets.

It may have taken some time to register, but the UK vote for Brexit in mid-2016 is now really reaping its toll on the British economy.

The International Monetary Fund (IMF) has urged the Government not to cut taxes in future Budgets.

The US economy grew at an annualised rate of 2.3% in the first quarter of the year, down from 2.9% in the final quarter of 2017.

Britain's economy is set to underperform compared to major European peers over the next two years as it grapples with Brexit, according to the International Monetary Fund.

Sharp swings in global financial markets in the last week are not worrying since economic growth is strong, but reforms are still needed to avert future crises, the managing director of the International Monetary Fund has said.

The National Treasury Management Agency (NTMA) has today completed the early repayment in full of Ireland’s outstanding loans from the IMF.

TUESDAY’S congratulations from Denmark, marking the fact that Ireland has repaid a €400m crisis loan several years earlier than expected, is a bittersweet endorsement of policies adopted — forced upon us might be a more accurate description — during the darkest days of the economic collapse.

The IMF warned policymakers not to get too comfortable even as it raised its global growth forecast amid brightening prospects in the world’s biggest economies.

Irish living standards and prosperity face “a serious and imminent threat” if Ireland fails to rein in costs, the National Competitiveness Council warns.

The International Monetary Fund (IMF) has warned Ireland not to take its economic growth momentum for granted, adding while growth is set to continue it will be at a slower pace.

It has been said that statistics are people with the tears washed away.

Latest: The homemade explosive was like a "big firecracker" and sent by regular mail, said Paris police chief Michel Cadot.

Donald Trump is likely to be good for the American economy in the short term, according to the head of the International Monetary Fund.

The IMF predicts Greece's economy will reach long-run growth of just under 1% a year.

The Government has signalled its desire to spend more on key capital projects as the IMF in a new report said that “robust” economic growth may give the Coalition a bit more room to invest in the country’s infrastructure.

The IMF said the US economy would grow faster than previously expected in 2017 and 2018 based on the incoming Trump administration’s tax and spending plans.

Christine Lagarde will remain head of the International Monetary Fund despite being convicted of negligence in a case dating to her tenure as France's finance minister.

Christine Lagarde, the managing director of the International Monetary Fund (IMF), has been convicted of negligence by a special French court.

The International Monetary Fund's executive board has approved a three-year bailout totalling 12 billion dollars to Egypt to support the country's ailing economy.

An expert in a research paper commissioned by the IMF has warned about the “vulnerabilities” still facing debt-laden Irish firms eight years after the onset of the financial crash.

Egypt has devalued its currency by 48%, meeting a key demand set by the International Monetary Fund in exchange for a 12 billion US dollar (£9.8 billion) loan over three years to overhaul the country's ailing economy.

The Central Bank’s mortgage lending rules should be maintained to help head off the boom-bust economic cycles that have plagued Ireland and brought the country to its knees during the recession, the IMF has warned.

Greece and its foreign creditors are still at odds over who will oversee a new privatisation fund, a finance ministry official said yesterday, an issue which must be resolved for Athens to qualify for fresh bailout aid.

The International Monetary Fund (IMF) is to grant Egypt a $12bn loan over three years to help the country mend its ailing economy following years of unrest.