Slowing growth in China and rising geopolitical tensions has led the International Monetary Fund (IMF) to cut its growth forecasts for the next two years.

International Monetary Fund chief Christine Lagarde has been ordered to stand trial in France over her role in a 2008 arbitration ruling that handed €400m to French businessman Bernard Tapie.

The world is on the verge of another recession, according to the International Monetary Fund.

Greece has officially requested a new loan from the International Monetary Fund.

Greece has slipped deeper into its financial abyss, with the bailout programme it has relied on for five years set to expire and the country due to become the first developed nation to miss a payment to the International Monetary Fund (IMF).

There are a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, world finance officials said.

Greece has repaid a roughly €450m loan instalment to the International Monetary Fund – easing concerns, for now, of a potential default as Athens faces a cash crunch.

Greece has told the International Monetary Fund that it will repay a substantial loan that is due this week.

Eurozone officials say a deal has been reached to extend the Greek bailout by four months.