 Wall Street Journal Officials and economists warn that if borrowing costs continue to rise, the Italian crisiscould push the euro zone into a severe recession and spark another global financialand economic crisis. If the "potentially explosive" Greek problem is ... See all stories on this topic » | ||
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| Russian Subsidies Are Not Enough: Belarus Seeks a New IMF Loan Belarus Digest This led to the worst economic crisis in Belarus since the collapse of the USSR. TheIMF does not plan to allocate a new loan for refinancing of the previous one. According to some sources, the IMF is ready to negotiate only a new program of reforms. See all stories on this topic » | ||
| Swaziland's Cooperatives No Threat to Banks Inter Press Service For the past five years, ever since she started working as a clerk in the public service, Tsabedze has been saving and obtaining loans from the cooperative. But while Tsabedze and thousands like her have chosen to put their money in cooperatives as ... See all stories on this topic » | ||
| MIDEAST MONEY-Qatar building boom risks property slump Reuters RISKS Behind Qatar's building boom is its desire to diversify away from energy resources, which account for over half its economic output, and become a finance, trading and tourism hub in much the same way as nearby Dubai has done. See all stories on this topic » | ||
| Troika Asked European Finance Ministers to Boost Greek Loan BusinessWeek For more on debt crisis, see EXT4.) Feb. 11 (Bloomberg) -- European Union and International Monetary Fund officials proposed an extra 15 billion euros ($19.8 billion) in funds for the second Greek aid program at the Feb. 9 meeting of euro-area finance ... See all stories on this topic » | ||
| China Imports Slump More Than Forecast, New Loans Slow: Economy BusinessWeek The lowest January new lending in five years and the smallest money-supply growth in more than a decade underscore the case for more easing even as seasonal distortions make the numbers harder to gauge. Commerce Minister Chen Deming said yesterday ... See all stories on this topic » | ||
| Financial regulation might have possible unintended side-effects on the economy The Swazi Observer Government has been working tirelessly in corroboration with international organisations such as IMF and African Development Bank in response to the recent global crisis and its recessionary fallout of the Swazi economy by suggesting the adoption of ... See all stories on this topic » | ||
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| Romanian Cabinet Wins Confidence Vote, Vows to Keep IMF Deal BusinessWeek ... mandated under a bailout loan, sparked protests that turned violent last month. Bogdan Dragoi, 31, was named as finance minister and Lucian Bode, 38, as economyminister, to steer the Balkan nation's growth as Europe's debt crisis damps demand for... See all stories on this topic » | ||
| The Troika Blackmails Greece – OpEd Eurasia Review A German-led coalition within the Eurogroup has set a 6-day deadline for Greece to agree to additional budget cuts or the struggling country will be denied 130 billion euroloan. Absent the bailout, the Greek government will run out of money sometime ... See all stories on this topic » | ||
| Cabinet tackles liquidity crisis Zimbabwe Independent “Government is seized with this matter. On Tuesday we spent well over two hours debating the liquidity situation,” he said. “Banks have had no money for clients since before Christmas. There is a very deep concern over the current financial crisis. See all stories on this topic » | ||
| 'No new IMF loan programme requested' Pakistan Daily Times ISLAMABAD: International Monetary Fund (IMF) Mission Chief for Pakistan Adnan Mazarei has said that Pakistan has not requested a new IMF loan programme. In 2011-12, IMF expects gross domestic product (GDP), to be about 3.4 percent, and consumer price ... See all stories on this topic » | ||
| Greece: Who is being 'bailed out?' BBC News Or is it international investors - and the euro? This, too, is a familiar theme in international financial crises. In a traditional IMF "bailout", a lot of the money lent to the country in trouble will almost inevitably flow right out again. See all stories on this topic » | ||
| Wonkbook: Santorum proves money isn't everything Washington Post (blog) 3) Fiscal policy should rely more on automatic stabilizers, writes Peter Orszag: "According to early forecasts, the US economy should already have recovered from thefinancial crisis. Despite some recent encouraging news, though, we still don't know ... See all stories on this topic » | ||
| There're pressures on economy, not crisis: Atiur Daily Star Online Bangladesh Bank Governor Atiur Rahman yesterday strongly refuted the view expressed in some quarters of the country being mired in a macroeconomic crisis and said there are pressures on the country's economy but not the crisis. See all stories on this topic » | ||
| Time Running Out for Greece as Leaders Haggle, Merkel Says BusinessWeek At the same time, there can be “no community money” without reform. “The Greek government must do its homework and carry out its responsibilities,” he said. Euro-areafinance chiefs told Greek Finance Minister Evangelos Venizelos in a Feb. See all stories on this topic » | ||
| Latvia Emerges Stronger As International Support Winds Down International Monetary Fund When Latvia asked for financial support from the IMF and the European Union in December 2008, it was one of the first countries to suffer the full consequences of the global economic crisis. Its decision to keep its currency pegged to the euro meant it ... See all stories on this topic » | ||
| Arabs Seek Safety in Dollars as Uprisings' Euphoria Fades BusinessWeek 8 (Bloomberg) -- As he watched Egypt's revolt turn into a financial crisis that devoured 50 percent of the nation's foreign-currency holdings last year, Ahmed El-Rifai started charging some clients in US dollars. The 32-year-old owner of Egyweb, ... See all stories on this topic » | ||
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| The economy Lights off The Economist They have access to credit, in the form of a 15000-rupee loan from Tameer Bank, a microcredit lender, and, thanks to that, to a reliable supply of electricity. They have invested the money in a battery that enables them to keep sewing through the power ... See all stories on this topic » | ||
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| How Euro Brinkmanship Is Beginning to Succeed EconoMonitor Such deep and (until now) politically unpopular structural reforms are more feasible because of the financial and economic crisis. The summit's most important accomplishment, as mentioned, centered on two new treaties—the new fiscal compact and the ... See all stories on this topic » | ||
| IMF resources: quota, NAB and GAB Bretton Woods Update The main source of IMF resources is supposed to be IMF quota contributions, themoney countries pay into the Fund for their membership of the institution. The quota is used in three ways: to determine voting rights, to determine contributions, ... See all stories on this topic » | ||
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| We need a referendum on the austerity treaty Galway Advertiser What we are seeing now, amidst the European economic crisis is politics being left to politicians, without recourse to the voters who elected them and the citizens they claim to represent. Do not forget, this is the Europe wide political class that ... See all stories on this topic » | ||
| Markets Nervous as Greek Crisis Talks Continue ABC News Athens must placate its creditors to clinch a €130 billion ($170 billion) bailout deal from the eurozone and the IMF and avoid a March default on its bond repayments. Without an injection of emergency money, Greece will likely default on its bond ... See all stories on this topic » | ||
| Comment: The secret birth of a European IMF Politics.co.uk The mechanism is intended to fund members who get into "severe financial problems", but like all such funding programmes, its generosity comes at the cost of macro-economic adjustment programmes. The ESM is a euro-clone of the IMF, which has caused ... See all stories on this topic » | ||
| Serbian Dinar Drops to All-Time Low as Investors Leave Market Bloomberg IMF Program The loan program was approved last September to help shield Serbia from Europe's sovereign debt crisis. An IMF mission arrived in Belgrade last week to discuss ways to curb plans for selling public debt and sovereign guarantees, ... See all stories on this topic » | ||
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| The Greek Tragedy Seeking Alpha It's a pretty important question, as the rest of Europe, the IMF, and some private investors are (and have been) throwing rather massive amounts of money at a positive answer. The truth is that the country needs a complete makeover. See all stories on this topic » | ||
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| ECB seen signalling March rate cut to record low Reuters India Financial markets will also be looking for a fresh steer from Draghi on how much take-up the ECB expects at its second auction of cheap three-year loans, or LTROs, at the end of this month. The bank's move to funnel liquidity to banks late last year ... See all stories on this topic » | ||
| Expenditure Management Sunday Leader ... such as the IMF are there for, to help governments running budgetary deficits by providing them with soft loans to fill in those gaps, whilst at the same time trying to instil fiscal and financial discipline in the management of public money. See all stories on this topic » | ||
| Wall Street mind-meld: Obama super PAC should thrive - China may soon aid ... Politico The money would probably go to the European Financial Stability Facility ... said Yuan, adding that the forecasts are his own and don't necessarily represent government plans. “Economists from the academy provide policy advice without direct ... See all stories on this topic » | ||
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| Business Highlights CBS News While other parts of the economy struggled the past two years, large companies managed to rack up higher profits quarter after quarter. Now reality is catching up with big business. As companies close their books on the final three months of last year, ... See all stories on this topic » | ||
| Shanghai shares slip below chart support, torpedo Hong Kong gains Reuters Beijing is expected to report January loan growth and money supply data next week. The International Monetary Fund (IMF) said late on Monday that China's annualeconomic growth could be cut nearly in half this year if Europe's debt crisis tips the ... See all stories on this topic » | ||
| E-Mini S&P 500: The market advances on chances of a deal! Inside Futures One of the major concerns during the earnings reports is the overseas exposure to the Euro debt crisis. US Federal Chairman Ben Bernanke had pledged in a testimony before Congress to prevent the Euro debt crisis from damaging the US economy. See all stories on this topic » | ||
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| China to West: Our model of giving aid to Africa is better Zimbabwe Metro Seemingly, in times of European economic crisis, major Asian countries now view anything below $1 billion as 'insignificant'. On the other hand, in the 50 years since the first African countries won independence, the world has spent $568 billion on ... See all stories on this topic » |
| IPS Inter Press Service – Telling Africa's Untold Stories ... By admin Government owed suppliers about 200 million dollars as of June last year and the IMFsaid if the financial crisis persists, loan portfolios of banks would also weaken. Government's dominance in the economy is also another risk factor to the ... IPS Inter Press Service - Telling... |
| Swaziland's Cooperatives No Threat to Banks - IPS ipsnews.net Many Swazi's prefer to put their hard-earn money into cooperatives rather than ...governor Sibongile Mdluli said that despite the pending economic crisis that ... year and the IMF said if the financial crisis persists, loan portfolios of banks would ... ipsnews.net/newsTVE.asp?idnews=106687 |
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