Crime one of the world`s top 20 economies: UN

Last Updated: Monday, April 23, 2012, 21:20

Over $40 billion is lost through corruption in developing countries annually, said UNODC head Fedotov.

World economy fragile, faces "uneasy calm": IMF

Last Updated: Wednesday, April 18, 2012, 10:12

Global growth is slowly improving as the US recovery gains traction and dangers from Europe recede, but risks remain high and the situation is very fragile, the International Monetary Fund said on Tuesday.

India world's 2nd most economically confident country: Ipsos

Last Updated: Tuesday, March 27, 2012, 21:11

Indians have emerged as the second most confident people about their economy across the world on easing inflationary pressure and increased foreign investments, says a report.

World economy still in danger zone: IMF

Last Updated: Monday, February 27, 2012, 12:44

Lagarde said that the reasons to stay alert is the situation of "fragile financial sector" in the eurozone.

Momentum to drain from world economy in 2012: Poll

Last Updated: Sunday, January 22, 2012, 15:55

The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.

World Bank slashes global GDP forecasts, outlook grim

Last Updated: Wednesday, January 18, 2012, 13:19

The World Bank warned developing countries on Wednesday to prepare for the "real" risk that an escalation in the euro area debt crisis could tip the world into a slump on a par with the global downturn in 2008/09.

IMF's Lagarde warns global economy threatened

Last Updated: Sunday, December 25, 2011, 22:32

The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.

World economy to trudge on in 2012 despite Europe: Poll

Last Updated: Saturday, December 24, 2011, 17:57

Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction.

World economy to trudge on in 2012 despite Europe crisis: Report

Last Updated: Saturday, December 24, 2011, 09:17

The euro zone as a whole, meanwhile, is probably in a moderate recession right now that will last midway into 2012.

World economy is slowing down: OECD

Last Updated: Monday, December 12, 2011, 20:54

Leading indicators all point to a slowdown in the world's major developed economies, the OECD said on Monday.

IMF chief warns world economy risks "lost decade"

Last Updated: Wednesday, November 9, 2011, 10:49

The head of the International Monetary Fund warned on Wednesday that Europe's debt crisis risked plunging the global economy into a "lost decade" and said it was up to rich nations to shoulder the burden of restoring growth and confidence.

Eurozone debt crisis threatens banks, rest of world: IMF

Last Updated: Tuesday, September 20, 2011, 20:33

The eurozone's debt mountain poses a threat to the world economy, the IMF warned on Tuesday, putting pressure on European banks to boost their capital to survive the crisis.