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rench President Emmanuel Macron, center, salutes Ethiopia's President Sahle-Work Zewde, left, and Senegal's President Macky Sall at the Summit on the Financing of African Economies Tuesday, May 18, 2021 in Paris. More than twenty heads of state and government from Africa are holding talks in Paris with heads of international organizations on how to revive the economy of the continent, deeply impacted by the consequences of the COVID-19 pandemic. (Photo by Ludovic Marin, Pool via AP)
Leaders agree in Paris on helping African economies revive

By Sylvie Corbet May. 18, 2021 09:38 AM EDT

FILE - In this April 15, 2020 file photo, a billboard urges people to stay home during the coronavirus pandemic in Dubai, United Arab Emirates. Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday, April 11, 2021, that an uneven vaccine distribution would derail the region's rebound, as the prospects of rich and poor countries diverge. (AP Photo/Jon Gambrell, File)
IMF: Vaccine inequity threatens Mideast's economic recovery

By Isabel Debre Apr. 11, 2021 07:00 AM EDT

FILE - In this Dec. 1, 2020 file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. Powell on Thursday, April 8, 2021 said the U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, though he cautioned not all will immediately benefit. (Al Drago/The New York Times via AP, Pool)
Fed's Powell: US nears full reopening to 'different economy'

By Christopher Rugaber Apr. 08, 2021 02:47 PM EDT

FILE - The logo of the International Monetary Fund is visible on their building, Monday, April 5, 2021, in Washington. Finance officials of the world’s major economies on Wednesday, April 7, 2021 agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion as a way to provide more support to vulnerable countries struggling to deal with a global pandemic. (AP Photo/Andrew Harnik)
Major economies support $650 billion boost in IMF resources

By Martin Crutsinger Apr. 07, 2021 03:43 PM EDT

The morning sun rises behind oil rigs sitting in storage Saturday, Feb. 6, 2021 at a yard outside of Odessa, Texas. The OPEC oil cartel and allied countries said Thursday, April 1, 2021 that they have decided to add gradually add back some 2 million barrels per barrel per day of oil production from May to July, moving cautiously in pace with the recovery of the global economy from the COVID-19 pandemic. (Eli Hartman/Odessa American via AP, file)
IMF upgrades forecast for 2021 global growth to a record 6%

By Paul Wiseman Apr. 06, 2021 08:31 AM EDT

FILE - In this Nov. 12, 2020 file photo, International Monetary Fund Managing Director Kristalina Georgieva attends the Paris Peace Forum at The Elysee Palace in Paris.   Georgieva said Tuesday, March 30, 2021, that when the IMF releases its updated economic forecast next week, it will show the global economy growing at a faster pace than the 5.5% gain it projected at the start of the year.  (Ludovic Marin, Pool via AP)
IMF head: global growth prospects rising but dangers remain

By Martin Crutsinger Mar. 30, 2021 11:24 AM EDT

G7 suggest boosting IMF reserves to help vulnerable nations

Mar. 19, 2021 12:38 PM EDT
LONDON (AP) — The Group of Seven leading industrial nations on Friday proposed bolstering the International Monetary Fund's reserves for the first time since...

A worker adjusts the Greek flag atop of the old National Library building in Athens, Wednesday, March 17, 2021. Greece launched a 30-year government bond auction on Wednesday, hoping to take advantage of low interest rates and improve its debt profile, in part to offset the impact of the pandemic on the country's public finances. (AP Photo/Thanassis Stavrakis)
Greece sees high demand for 30-year bond, to ease debt costs

By Derek Gatopoulos Mar. 17, 2021 09:14 AM EDT

FILE - In this Wednesday, Feb. 3, 2021 file photo, a medic administers a Moderna COVID-19 vaccine to a fellow medic during a campaign to vaccinate front-line medical workers, at the health ministry, in the West Bank city of Bethlehem. In a new report released Thursday, Feb. 4, 2021, the International Monetary Fund said broad access to different coronavirus vaccines remains crucial for an economic recovery in the Mideast. (AP Photo/Nasser Nasser, File)
IMF says vaccines to fuel Mideast recovery, tough path ahead

By Jon Gambrell Feb. 04, 2021 02:03 AM EST

Shoppers walk past a vacant storefront at Brickell City Centre, Friday, Nov. 6, 2020, in Miami. The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday, Jan. 26, 2021. (AP Photo/Lynne Sladky)
IMF: Vaccines will power 5.5% global economic growth in 2021

By Paul Wiseman Jan. 26, 2021 08:00 AM EST

Shoppers wearing face masks to help curb the spread of the coronavirus wall by the Chinese toy maker POP Mart display booth at a shopping mall in Beijing on Dec. 9, 2020. China's economy grew 2.3% in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease flare-ups. (AP Photo/Andy Wong)
China economy grows in 2020 as rebound from virus gains

By Joe Mcdonald Jan. 17, 2021 09:06 PM EST

The full moon rises on the Athenian sky above the ancient Acropolis hill during cloudy night , on Monday, Nov. 30, 2020. (AP Photo/Petros Giannakouris)
IMF: Greek debt sustainable despite pandemic-linked spike

Nov. 30, 2020 03:17 PM EST

FILE - In this Feb. 14, 2020, file photo, Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a session on the first day of the Munich Security Conference in Munich, Germany.   Georgieva said Thursday, Nov. 19,  that the while the United States and other major economies turned in better-than-expected economic performances in the third quarter the world now faces slower momentum with a resurgence in coronavirus cases.  (AP Photo/Jens Meyer, File)
IMF director: virus could disrupt global recovery

By Martin Crutsinger Nov. 19, 2020 12:56 PM EST

FILE — In this Feb. 6, 2020, file photo, a man tries on a face mask at a pharmacy in Kitwe, Zambia. Facing financial difficulties aggravated by the coronavirus pandemic, the southern African nation of Zambia seems to be headed for a default on debt owed to private investors. (AP Photo/Emmanuel Mwiche, File)
Zambia's risk of default highlights Africa's debt crisis

By Rodney Muhumuza Nov. 01, 2020 04:18 AM EST

People wearing masks to help prevent the spread of the coronavirus walk along Regent Street, one of the main shopping streets in London, Thursday, Oct. 29, 2020.  The International Monetary Fund has downgraded its growth forecasts for the British economy for this year and next, in its annual assessment published Thursday, following an acceleration in the number of coronavirus infections over the past couple of weeks.(AP Photo/Alastair Grant)
IMF blames resurgent coronavirus for UK growth downgrades

By Pan Pylas Oct. 29, 2020 01:17 PM EDT

FILE - In this Nov.13, 2018 file photo, Jihad Azour, the IMF's director of the Middle East and Central Asia Department reacts during his press conference in Dubai, United Arab Emirates. The coronavirus pandemic is hitting countries in the Middle East in wildly different ways, but nearly all are in the throes of an economic recession this year and all but two, Lebanon and Oman are expected to see some level of economic growth next year, according to the latest report published by the International Monetary Fund on Monday, Oct. 19, 2020. (AP Photo/Kamran Jebreili, File)
IMF: Nearly all Mideast economies hit by pandemic recession

By Aya Batrawy Oct. 19, 2020 06:01 AM EDT

FILE - In this Feb. 14, 2020, file photo, Kristalina Georgieva, Managing Director of the International Monetary Fund, attends a session on the first day of the Munich Security Conference in Munich, Germany. Georgieva said that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago. Georgieva said Tuesday, Oct. 6 that global economic activity suffered an unprecedented fall in the spring when 85% of the global economy was in lockdown for several weeks but currently the situation is “less dire” with many countries seeing better-than-expected rebounds in recent weeks (AP Photo/Jens Meyer, File)
IMF envisions a sharp 4.4% drop in global growth for 2020

By Martin Crutsinger Oct. 13, 2020 08:31 AM EDT

FILE - In this May 24, 2020 file photo, Sudanese worshippers gather for Eid al-Fitr prayers, the Muslim holiday which starts at the conclusion of the holy fasting month of Ramadan, in Khartoum, Sudan. The International Monetary Fund has signed off on Sudan’s economic reform program, a move that can eventually allow the highly-indebted African country receive debt reliefs and hence rebuild its battered economy. The IMF released a statement Wednesday, Sept. 23, 2020,  saying that its staff will be monitoring the implementation of a “home-grown” economic restructuring program. (AP Photo/Marwan Ali, file)
IMF endorses Sudan's reform plan for battered economy

By Noha Elhennawy Sep. 24, 2020 07:49 AM EDT

Arnaud Tranchant, left, chief Navy officer for the French helicopter carrier Tonnerre, talks to French President Emmanuel Macron off the port of Beirut, Tuesday, Sept.1, 2020. The visit was Emmanuel Macron's second since the devastating Aug. 4 explosion — the most destructive single incident in Lebanon's history — that killed at least 190 people . (Stephane Lemouton, Pool via AP)
French leader warns Lebanese politicians of ‘last chance’

By Zeina Karam And Bassem Mroue Sep. 01, 2020 12:56 PM EDT

Security personnel sit in front of damaged buildings near the site of an explosion on Tuesday that hit the seaport of Beirut, Lebanon, Thursday, Aug. 6, 2020. The blast which appeared to have been caused by an accidental fire that ignited a stockpile of ammonium nitrate at the port, rippled across the Lebanese capital, killing at least 135 people, injuring more than 5,000 and causing widespread destruction. (AP Photo/Bilal Hussein)
The Latest: Lebanese military to question officials on blast

Aug. 06, 2020 01:52 PM EDT

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