IMF sharply lowers Germany growth forecast

The International Monetary Fund (IMF) announces at the World Economic Forum in Davos that it has drastically lowered its growth forecast for Germany in 2019, the European country is undergoing the strongest downward revision, with growth now expected to reach 1.3% (-0.6 points). SOUNDBITE

IMF: No-deal Brexit ‘would impose very large costs’ on UK

Britain’s economy would suffer “very large costs” if it leaves the European Union next March with no divorce agreement in place, the International Monetary Fund’s Christine Lagarde warned in a speech at the UK Treasury on Monday. SOUNDBITE

Greece emerges from last bailout, but doubts remain for some

Greeks react to their country emerging from its third and last bailout. The European Union, the European Central Bank and the International Monetary Fund loaned debt-wracked Greece a total of 289 billion euros ($330 billion) in three successive programmes in 2010, 2012 and 2015.

European Central Bank

Videographic on the European Central Bank. After years of austerity, Greece emerged on Monday from its third and last bailout. The European Union, ECB and the International Monetary Fund loaned the country a total of 289 billion euros ($330 billion) in three successive programmes in 2010, 2012 and 2015.VIDEOGRAPHIC

High unemployment, low salaries, and rising prices, Jordanians

Jordanian street and market vendors in Amman react to high unemployment, low salaries, and rising prices prior to the resignation of the Jordanian prime minister. Demonstrations have rocked the capital Amman and several other cities after the government adopted a draft income tax law and announced new price hikes based on recommendations by the International Monetary Fund.