Category : Search result: International Monetary Fund


IMF, World Bank Hold Emergency Talks on Venezuela

The IMF and World Bank boards held unscheduled meetings to discuss Venezuela's economic revival and data blackout. Explore the potential for a $5 billion SDR package and renewed engagement.

DOJ Serves Fed with Subpoenas, Powell Vows to Stand Firm

U.S. Federal Reserve Chair Jerome Powell says the central bank received grand jury subpoenas from the Justice Department, marking a dramatic escalation in tensions with the Trump administration. Read the full story.

Analyst Warns AI Bubble Could Burst in 2026

Financial Times analyst Ruchir Sharma outlines his top 10 trends for 2026, warning the AI-led U.S. market is overvalued and vulnerable to a liquidity crunch. Read his insights on the global economic shift.

CPP Investments buys stake in lubricants firm Castrol

Canada's CPP Investments has acquired a minority stake in global lubricants company Castrol. This strategic move diversifies the pension fund's holdings in the industrial sector. Read more on the details.

Louis Bacon wins defamation case against Peter Nygard

A New York judge rules in favour of hedge fund founder Louis Bacon in a decade-long defamation suit against ex-fashion mogul Peter Nygard, who is serving a prison sentence in Canada. Read the details.

Gold Nears $4,500 as Investors Seek Safe Haven

Gold prices hover near record highs of US$4,500 an ounce. Discover how Canadian investors are buying gold and the key factors, from U.S. monetary policy to geopolitical tensions, driving this historic rally.

Japan's Interest Rate Hike Sparks Nikkei Advance

Japan's central bank raises its key interest rate to the highest level in three decades, triggering an advance in the Nikkei index. Explore the market implications and global context.

Feds move $900M pension surplus, total hits $2.8B

The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.

Bank of England Cuts Interest Rate to 3.75%

The Bank of England has lowered its key interest rate from 4% to 3.75%. Discover the details and potential global economic impacts of this December 2025 decision.

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