Agency appears to be making a case for sustained funding as it tries to avert budget cuts
The agency forecasts global growth of 2.1% this year, down from 3.1% in 2022
Investigation said to have uncovered 'extensive web of deception, conflicts of interest, lack of disclosure, and calculated evasion of the law'
The possibility of a hard landing has "risen sharply," the IMF says
A prolonged period of slower activity is projected
Potential changes include greater capital requirements and more aggressive regulatory supervision
Treasury Secretary said more rescue efforts could be necessary to prevent contagion
SVB was highly susceptible to depositors quickly withdrawing their money at the first sign of trouble
``The worst is yet to come,'' chief economist says
The measure aims to combat illicit finance