A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment.

The International Monetary Fund (IMF) has raised concerns over ballooning global debt that has reached 225 percent of the world’s gross domestic product (GDP), which could lead to financial crises.

The International Monetary Fund has cut its forecast for UK economic growth next year as it warned that the global recovery remains "weak and precarious".

The head of the International Monetary Fund, Christine Lagarde, will stand trial over a state payout to the French tycoon Bernard Tapie, an appeals court has ruled.

The International Monetary Fund has cuts its economic growth forecasts for the eurozone in the wake of the UK's vote to leave the European Union.