 Washington Post This is money that could help nations within the euro zone but would also provide a financialbackstop for others around the world likely to suffer from declining economic growth, collapsing trade or a withdrawal of bank credit and investment. ... See all stories on this topic » | ||
| Czech government wants lower loan to IMF as part of eurozone effort to stop ... Washington Post Premier Petr Necas said Wednesday that he is personally against the plan to contribute so muchmoney to the IMF. President Vaclav Klaus, a renowned euroskeptic, also opposes the loan and the central bank's governor Miroslav Singer called it “absurd. ... See all stories on this topic » | ||
| IMF seeks up to $500 billion in new funds CBS News (AP) BRUSSELS — The International Monetary Fund said Wednesday that it's aiming to increase itsfinancial firepower by around $500 billion so it can issue new loans to help ease a worseningfinancial crisis. Responding to speculation surrounding its ... See all stories on this topic » | ||
| IMF seeks $500 bn more as euro crisis rages The West Australian Prodded last year by the Group of 20 major economies to increase the money it has for intervening in financial crises, the IMF has been exploring informally the issue for months. Eurozone leaders pledged in December to provide the IMF with bilateral ... See all stories on this topic » | ||
| Egypt's Economic Crisis New York Times They wanted the money, but with no strings attached — no mandatory reforms or austerity measures, like cutting food and fuel subsidies. Now desperate, they resurrected the loan request this week and welcomed an IMF delegation to discuss possible ... See all stories on this topic » | ||
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| Lagarde Joins Warning on Austerity as Leaders Head to Davos BusinessWeek The IMF proposed this week to raise its lending capacity by as much as $500 billion to insulate the world against any worsening of Europe's debt crisis. Lagarde and the heads of the institutions highlighted an expanded role of the European Central Bank ... See all stories on this topic » | ||
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| World Bank slashes forecasts, IMF passes hat for money ABC Online And much of that money will be heading straight back to Europe of course as well to underwrite countries such as Greece that are relying on IMF and eurozone funding. The US says it won't loanthe IMF more money. It's the IMF's biggest member. ... See all stories on this topic » | ||
| IMF taps Brics to fund $1-trillion crisis gap Business Day THE International Monetary Fund (IMF) is looking to the Bric nations — Brazil, Russia, China and India — and other countries to raise its lending capacity by as much as $500bn to insulate the globaleconomy against the worsening of Europe's debt ... See all stories on this topic » | ||
| Asian markets rally on PBOC, IMF news TODAYonline Chinese banks can increase new loans this quarter by a maximum of about 5 per cent from a year earlier, two unidentified people at state lenders told Bloomberg. Bank reserve requirements were last relaxed last month for the first time since 2008. ... See all stories on this topic » | ||
| ECB sees tentative signs of economy stabilizing Reuters Draghi said the ECB was "reasonably satisfied" with the results of an unprecedented crisis-fighting step that it took last month, the loan of nearly half a trillion euros of three-year cash to commercial banks. In the wake of that, some interbank money ... See all stories on this topic » | ||
| Analysis: Egypt parties edge toward economic policy consensus Reuters A year after the ouster of president Hosni Mubarak, most of Egypt's main political parties are fumbling toward a consensus on managing the economy, as shrinking foreign reserves threaten a currency crisis and the government struggles to finance its ... See all stories on this topic » | ||
| IMF 'looks to grow funds by $1 trillion' Independent Online The International Monetary Fund (IMF) is proposing a $1 trillion (R8 trillion) expansion of its lending resources to insulate the global economy against any worsening of Europe's debt crisis, according to an official at a Group of 20 (G20) nation. ... See all stories on this topic » | ||
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| IMF Executive Board Concludes 2011 Article IV Consultation with The Gambia StarAfrica.com Tourism and remittances, however, were hit hard by the global economic crisis. In 2011, although there were signs that tourism was recovering, real GDP growth is estimated to have fallen slightly to 5½ percent, because of poor weather conditions ... See all stories on this topic » | ||
| Why the United States Is Not Greece Dollars & Sense Monetizing the deficit also significantly expands the money supply, which pushes down interest rates, which can also help stimulate the economy. In the current crisis, the Fed did precisely that. By purchasing government bonds, the Fed financed ... See all stories on this topic » | ||
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| Eastern Europe May Need Funding Deal to Avert Credit Drought BusinessWeek 18 (Bloomberg) -- Eastern Europe may require funds from the International Monetary Fund and other international lenders to preempt a banking crisis and a shortage of credit in the region's economiesas western banks pare assets. The IMF, the European ... See all stories on this topic » | ||
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| What the latest economic figures mean for us ABC Online Figures released today show the nation's unemployment rate has remained steady at 5.2 per cent but the economy lost more than 29000 jobs in December. The results come amid warnings from the World Bank of a new financial crisis, potentially worse than ... See all stories on this topic » | ||
| IMF calls for funding increase of a cool half trillion allvoices By northsunm32 As the demands on the IMF may increase because of the Euro zone debt crisis, the fund is looking for funds to increase its ability to loan stressed countries more money. The amount being bandied about is 500 billion US The IMF claims a ... See all stories on this topic » | ||
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| Zero jobs growth worst in 20 years The Australian The IMF wants to increase its financial firepower by about $US500 billion ($483bn) so it can give out new loans to help offset the worsening global financial crisis. Tony Abbott said that although there had not been a specific request to Australia, ... See all stories on this topic » | ||
| Monetary policy of BB: A citizen's perspective Financial Express Bangladesh In the light of the above and the continued global economic crisis, the BB may soften its stance on credit supply. It can seek to ensure financial sector strength, by asking the banks to further recapitalise themselves. For that again the banks will ... See all stories on this topic » | ||
| Stocks edge higher on hopes for IMF cash boost North County Times Christine Lagarde, the IMF's managing director, said Tuesday that the fund was looking at ways to raise another $500 billion to lend to countries. The IMF has put up roughly a third of the money given as rescue loans to European countries struggling ... See all stories on this topic » | ||
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| Greece's Debt Talks With Creditors Stall Amid Coupon Dispute BusinessWeek Private bondholders said they would accept those terms for a period of time if they were able to get a bigger payout later as Greece's economy recovered, said the person, who declined to be identified. The IMF probably sought a coupon close to 2 ... See all stories on this topic » | ||
| Troika forecasts lower Irish growth Financial Times Ireland was forced to accept an €67.5bn EU-IMF bail-out in November 2010 following a property crash and banking crisis that prevented it from raising money from international lenders at sustainable rates. One year into its three-year programme, ... See all stories on this topic » | ||
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| The Party's Over in the Eurozone EconoMonitor (blog) As in the case of the small euro countries, bailing out Spain or Italy would require covering their public financing requirements for three years. The associated loans would amount to about $2.1 trillion. If the IMF were to fund one-third of the total, ... See all stories on this topic » | ||
| Treasuries slip as stock gains curb safety bid Reuters The International Monetary Fund estimates it needs to raise $600 billion in new resources to lend to countries to help them with the repercussions of the euro zone debt crisis, IMF sources told Reuters on Wednesday. The IMF reports weighed slightly on ... See all stories on this topic » | ||
| Dollar Funding Costs Fall to 5-Month Low in Euro Money Markets Bloomberg The IMF is considering boosting its war chest to shield the global economy from any worsening of Europe's debt crisis, according to a Group of 20 nation official. Strains on dollar borrowing have already eased this year as the European Central Bank ... See all stories on this topic » | ||
| Collapse of the Celtic Tiger Aljazeera.com The EU and IMF loans required the Irish government to hack public spending to the bone - by €12bn ($15bn) over the next three years. That may not sound like a huge sum of money in these days when international financial commentators talk blithely of ... See all stories on this topic » | ||
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| E-Mini S&P 500: Arduous ascension? Inside Futures While today, was another affirmation of US recovery, the market is cautious with the Euro debt crisisstill looming! Last month the European Central Bank (ECB) had outlaid about a half trillion euros in cheap three-year loans to banks in the hopes of ... See all stories on this topic » | ||
| Eurozone Crisis: Time Running Out For Greece As Negotiations Drag On Huffington Post UK The alternative would be a default - which would see investors lose their money and Greece lose its ability to raise capital on the markets. The PSI talks are a condition of a second EU-International Monetary Fund (IMF) bailout package, ... See all stories on this topic » | ||
| Hunger Is a 'Weapon of Mass Destruction', says Jean Ziegler OpEdNews Droughts, military conflicts, political crises, natural catastrophes, man-made emergency situations, all these contributed to recurrent food crises. IMF was ready to extend big loans, BUT with strings attached. Structural adjustment programs would ... See all stories on this topic » |
| IMF seeks $500 bn more as euro crisis rages | The Raw Story By Agence France-Presse Prodded last year by the Group of 20 major economies to increase the money it has for intervening infinancial crises, the IMF has been exploring informally the issue for months. Eurozone leaders pledged in December to provide the IMF with ... The Raw Story |
| IMF pushes Europe to do more to fight debt crisis — Clearing and ... By RSS Feed This is money that could help nations within the euro zone but would also provide a financialbackstop for others around the world likely to suffer from declining economic growth, collapsing trade or a withdrawal of bank credit and investment. In an e-mailed statement, the IMF ... The amount would not necessarily represent paid-in contributions, but might be in the form of promised loans that could be drawn on only if the fund's existing resources are stretched. The IMF has about $390 ... Clearing and Settlement — Clearing... |
| Oil above $101 on hopes IMF to curb Europe crisis - Netscape ... KUALA LUMPUR, Malaysia (AP) — Oil rose above $101 a barrel Thursday in Asia after the IMFpromised to raise lending to mitigate a worsening financial crisis ... webcenters.netscape.compuserve.com/pf/story.jsp?idq=/ff/... 
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