Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jan 07, 2012

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Jan 7, 2012

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Jan 07, 2012


The great economic meltdown
Daily Pioneer
What began as a crisis in the financial sector became an economic crisis, also a social crisis: Millions of households faced with the threat of losing their homes, their jobs, and access to healthcare. The financial crisis, which began in the United ...
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Hungary Leader Takes Steps to Calm Markets
Wall Street Journal
Progress toward an agreement has stalled because of EU and IMFobjections to a new central-bank law passed last week that they say threatens the institution's freedom of action and, consequently, poses risks for Europe's Continent-wide financial system ...
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Wall Street Journal
Latin America: What's Ahead in 2012?
Huffington Post (blog)
Progress so far toward a comprehensive solution has not yet calmed financial markets. The United States has yet to strike the right fiscal policy balance, with both near-term support for growth and long-term sustainability. How do we at the IMF add ...
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Italy, France meet as eurozone under pressure again
Hindustan Times
The Paris talks came as International Monetary Fund head Christine Lagarde warned that the IMF could cut its 4.0% global growth forecast as recession threatens the developed world economies battered by the debtcrisis. Lagarde also said that she did ...
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Hindustan Times
Stop blaming troika for crisis of our own making
Irish Times
That issue is largely in our own hands but, given the shallow level of so much of the debate on the EU-IMF bailout and our membership of the euro zone, anything could happen if we need to have a referendum on the treaty establishing a fiscal compact. ...
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Euro-Zone Sentiment Darkens as Recession Fear Looms
Wall Street Journal
See economic, political and markets news from across Europe as governments andfinancial institutions deal with the continuing debt crisis. A recession would compound Europe's struggle to bring its two-year-old debt crisis under control. ...
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The real story behind election-year stock markets
Edmond Sun
The pattern was interrupted when the financial crisis hit in 2007 and 2008, the last two years of the Bush Administration, and we experienced a serious bear market. But the circumstances were unusual, and the few times in the past hundred years that ...
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Quid Pro Quo: IMF Cash For Europe In Exchange for Iran Oil Ban?
Wall Street Journal (blog)
Rome late last year turned down an offer for an IMF loan, but many economists say Italy will need IMF credit to pull itself out of its financial mire. And Spain's banks are facing a housing bubble that could very well mean Madrid must soon ask for IMF ...
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Huffington Post UK
Kapoor pinpoints two moments in particular: The International Monetary Fund (IMF) meetings in September, where news leaked over significant contributions from the institution to the EU's crisis response, and a story a few weeks later, again based on ...
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Controversial new bank law is negotiable, says Hungary
Monsters and Critics.com
The EU and IMF fear that the government will try influence the bank's policies, which would be a violation of EU law. 'We're ready to discuss. For example on the problem most often cited: the law on the central bank,' Martonyi told France's Le Figaro ...
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Ireland aims for bond market return later this year
Irish Independent
Last month, Finance Minister Michael Noonan cut growth projections for the economyin 2012 to 1.3 percent from 1.6 percent, as the euro-region debt crisis escalated. "We're doing all in our power so that Ireland can position itself to return to the ...
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Reasons Galore for Turkey's EU Membership
IDN InDepthNews | Analysis That Matters
He is responsible for economic, financial, and political risk research, with a special focus on the larger emerging markets. This article appeared online on December 15, 2011 under 'Talking Point' in Deutsche Bank Research. [IDN-InDepthNews – January 7 ...
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US jobs cheer cut short by euro crisis worries
BusinessWeek
Outside the eurozone, Hungary slid deeper into its own financial crisis. The Fitch Ratings agency downgraded Hungary's credit grade by a notch to BB+ -- junk status -- citing the country's disagreements with the EU and IMF over conditions linked to ...
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A Golden Year for McDonald's
Motley Fool
And with about 40% of McDonald's global sales coming from Europe, the debt crisis and lousy economy across the pond were perhaps even bigger risks. But that was hardly the case. Revenue grew, profits grew, and margins held steady. ...
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Nationwide Strike: NLC "Court Order Is Black Market Deal"
Leadership Newspapers
... specifically from the IMF and the World Bank; and whose instructions are being executed in Nigeria by their representative, Dr Ngozi Okonjo-Iweala, the coordinating minister for the economy. “During her first outing as finance minister, ...
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Leadership Newspapers
Portugal business leader says uncertain over euro: report
Reuters
Soares dos Santos said the decision to move the holding to Holland had also been motivated by lack of financing by Portuguese banks, which have been hit hard by the euro zone debt crisis. Jeronimo Martins has said there is no impact on its tax position ...
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A Better ETF for Metals Investors
Moneyshow.com
In Europe, there's a big euro crisis that dominated much of 2011, starting with Greece. Then the domino effect happened in Spain and Italy and Ireland. People who had a lot of exposure to the European economy took a big hit-especially people that ...
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Lagos Dissents Under IMF Hegemony ...Nigeria: The Next Front for AFRICOM
Modern Ghana
Much like the IMF induced riots in Indonesia during the 1997 AsianFinancial Crisis, public discontent in Nigeria is channelled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions. ...
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Modern Ghana
Photo: Sun News Publishing
Daily Sun
Financial Times of London, August 1, 1984. NO IMF. World Bank collaborators or comprados. Three, OPEC was founded on 15 September, 1960. Nigeria joined on 14 July, 1971. Nigeria pulled out a feat in July 1984: OPEC singled out Nigeria for special crude ...
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US jobs picture improves but risks remain
Bangkok Post
The head of the International Monetary Fund, Christine Lagarde, warned Friday that the eurozone crisis was taking a toll and the IMF would probably revise downward its October world economic forecasts in an update later this month. ...
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Bangkok Post
Market boost from strong US jobs data doesn't last long as focus returns to ...
Washington Post
Outside the eurozone, Hungary slid deeper into its own financial crisis. The Fitch Ratings agency downgraded Hungary's credit grade by a notch to BB+ — junk status — citing the country's disagreements with the EU and IMF over conditions linked to ...
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Euro may not end in '12
Oman Tribune
“These countries... will suffer setbacks if the Europe crisis is not addressed successfully,” she said. “The IMF is going to be vigilant in respect of anything that looks like financial protectionism,” she said. “We'll join forces with other ...
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Ireland warns bank CEOs of probe
Independent Online
Dublin - Ireland's central bank has written to the CEOs of Bank of Ireland, Irish Life & Permanent and EBS Building Society warning them that they face possible investigation over their roles in the run-up to the country's banking crisis, sources said ...
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Independent Online
Activist Post: Nigeria: The Next Front for AFRICOM
By Activist
Much to the dismay of the population of these nations, the prices of fuel and transport have near tripled overnight without notice, causing widespread violence on the streets of the Nigerian capital of Abuja and its economic center, Lagos. Much like the IMF-induced riots in Indonesia during the 1997 Asian Financial Crisis, public discontent in Nigeria is channeled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions. Although ...
Activist Post
Land Destroyer: Nigeria: The Next Front for AFRICOM
By Land Destroyer
Much to the dismay of the population of these nations, the prices of fuel and transport have near tripled over night without notice, causing widespread violence on the streets of the Nigerian capital of Abuja and its economic center, Lagos. Much like the IMF induced riots in Indonesia during the 1997 Asian Financial Crisis, public discontent in Nigeria is channelled towards an incompetent and self-serving domestic elite, compliant to the interests of fraudulent foreign institutions. Although ...
Land Destroyer
IMF's Lagarde warns global economy threatened - Yahoo! Finance
Finance: The head of the International Monetary Fund said the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that ...
finance.yahoo.com/.../imfs-lagarde-warns-global-economy-12...
Latin America: What's Ahead in 2012? « iMFdirect – The IMF Blog
The future course of the European crisis remains the biggest risk. Progress so far toward a comprehensive solution has not yet calmed financial markets. ...
blog-imfdirect.imf.org/.../latin-america-whats-ahead-in-2012/
IMF Says Latin America Faces 'Toxic' Threat in Europe Crisis
The European debt crisis and falling commodity prices may become a “toxic mix” for Latin American economies, the International Monetary Fund said today. ... money to fight a downturn,” wrote Eyzaguirre, who was Chile's finance minister from ...
www.businessweek.com/.../imf-says-latin-america-faces-toxic-t...
IMF: Economy In Danger | Rodneyjorgensen Finance Blog
Therefore, the IMF urged countries in Europe to raise one voice to solve the debt crisisthat has spread to the global financial system. “The economy is in a ...
www.rodneyjorgensen.com/2011/12/.../imf-economy-in-dang...
IMF calls on China to reform its financial system
"Horizon" chosen themes about "the opinion of the International Monetary Fund to thefinancial system of China" and "China's role in the economic crisis ...
www.bondladyscorner.com/t25009-imf-calls-on-china-to-refo...
IMF: Asia Should Prepare To Activate Regional Emergency Bailout ...
The IMF has been campaigning to strengthen the global financial safety nets as ...crisis, but said regional economies have the ability to respond aggressively. ...
online.wsj.com/article/BT-CO-20120105-708753.html
The Coming Crisis: IMF's Lagarde warns global economy threatened
The head of the International Monetary Fund said the world economy was in danger... with one voice on a debt crisis that has rattled the global financial system. ...
thecomingcrisis.blogspot.com/.../imfs-lagarde-warns-global-ec...
IMF says global economy in danger zone
IMF says global economy in danger zone. Monday, December 26, 2011 ... Europe plunged into a financial crisis in early 2010. Insolvency now threatens heavily ...
www.ht-afghanistan.com/article1_detail.php?id=1820...
Prospects for the World Economy in 2012 » TripleCrisis
Global Perspectives on Finance, Development, and Environment. Print This ... ( Data in all charts is based on IMF's Global Economic Indicators database.) Output ...
triplecrisis.com/prospects-for-the-world-economy-in-2012/
IMF: Oman untouched by global financial crises
The International Monetary Fund (IMF) said on Tuesday (December 28th) that Oman'seconomy has largely escaped the rippling effects of the global fina. ... rippling effects of the global financial markets' turmoil and the euro-zone's debt crisis. ...
al-shorfa.com/cocoon/meii/xhtml/en_GB/.../newsbrief-07
Top IMF economist warns of credit squeeze for Latam if Euro crisis ...
Latin American economies face a recession and a credit squeeze if Europe's debt crisisworsens, director of the IMF Western Hemisphere ... Spanish banks which is under growing financial pressure in the EU holds 25% of the private banking ...
en.mercopress.com/.../top-imf-economist-warns-of-credit-sque...
IMF to release Japan bank stress tests in summer: report - Business ...
... their ability to withstand the European debt crisis and weak economic growth, ... TheIMF's Financial Sector Assessment Programs are in-depth analyses of a ...
www.msnbc.msn.com/.../imf-release-japan-bank-stress-tests-su...
Reversal of fortune
The lesson that Asia learned from its financial crisis in the late 1990s was, "make sure you've got good ... imfdirect.imf.org/2011/12/21/2011-in-review-four-hard- truths/. For IFR's forecasts for the week ahead in U.S. economic data, click on: ...
m.ibtimes.com/reversal-of-fortune-272592.html
Strained near Hungary and the IMF currency crisis | Stock Market ...
market sentiment has not yet two days, European debt crisis and regain all the eye. ...Subsequently, IMF and the EU position, will restart negotiations on financial ... Spain is the euro zone's fourth largest economy, has also been seen as too ...
www.stockmarkettoday.cc/strained-near-hungary-and-the-imf-...
Inequality, Wages and Financial Crises | NewAmerica.net
A Blog from New America's World Economic Roundtable ... Kumhof's presentation, based on a recent IMF white paper titled Inequality, Leverage and Crises, ...
newamerica.net/.../2012/inequality_and_financial_crises-6206...
IMF chief: World economy 'at risk' | Finance online - Financial Advice ...
International Monetary Fund (IMF) President Christine Lagarde French media published on Sunday in an interview that the debt crisis of the world economy into ...
www.finance-ol.com/2011/.../imf-chief-world-economy-at-ris...
Asian economy faces risk, has capacity to withstand euro crisis: IMF ...
Asian economy faces risk, has capacity to withstand euro crisis: IMF ... though less than at the onset of the 2008 global financial crisis in some countries, it said. ...
economictimes.indiatimes.com/news/.../11379483.cms
IMF experts believe that there is sufficient policy ... - Financial Info
article said that despite the current global economic uncertainties facing the ... the Asian countries can adopt to address the financial crisis of 2008 measures, ...
www.financialinfo.co/imf-experts-believe-that-there-is-sufficie...

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