Latest from International Monetary Fund

Bernard Hickey: How did Europe get in this mess?
Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.

Debt showdown: Obama's dire warning
Barack Obama has warned of "incalculable damage", in a rare prime time speech, if the US debt...

Joe Beaglehole: Let the people decide on economy
Balancing tax and spending is not a task we can afford to cede to appointed experts...

Mark Lister: Debt-reduction plans only delay inevitable
Investors need to be wary of risks posed by overseas economies.

Paul Thomas: I'll take boring over US loony extremes
Biggest economy wouldn't default over politics, would it?

World shares stay firm on Greece optimism
The tone on Wall Street and Europe's equity markets remained positive overnight amid optimism the EU is making progress in its efforts to avert a Greek default.

Brian Fallow: NZ safer than Greece but the risk is real
The danger in that case would be that, as in the global financial crisis three years ago, everyone in the market starts looking sideways at their counterparts and worrying about how much they might be exposed.