Author : EW News Desk Team

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Latest news about the state of the world economy.

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IMF Vows to Stand by Greece

The head on the International Monetary Fund, Christine Lagarde, yesterday pledged to stand by debt-ridden Greece and at the same time urged banks to do more to stabilize the...

U.S. Beefs Up Sanctions against Iran

President Barack Obama has ordered new economic sanctions aimed at crippling Iran’s energy sector as well as penalising Chinese and Iraqi banks that have facilitated transactions on behalf of...