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anna yukhananov

Anna Yukhananov

 Kaushik Basu, the World Bank's chief economist, said the Federal Reserve should hold off on a rate hike until next year to avoid worsening exchange rate volatility and crimping global growth. (Photo: Reuters)

World Bank sees slower global growth, urges Fed to wait on rates

by Anna Yukhananov |Jun 11, 2015

The World Bank on Wednesday cut its global growth outlook for this year and urged countries to "fasten their seat belts" as they adjust to lower commodity prices and a looming rise in US interest ...

Photo: Reuters

IMF sets June deadline for progress on governance reforms

by Anna Yukhananov |Jan 29, 2015

The governance reforms were adopted by the IMF, headed by Christine Lagarde, in 2010, which initially set a 2012 deadline for all member countries to endorse them.