Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Apr 14, 2012

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Apr 14, 2012

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Apr 14, 2012

Analysis: IMF funds drive caught in global power shift
Reuters
World finance leaders gathering in Washington next week will focus on proposals for countries to contribute more money to the IMF so it is better prepared in case of a fallout from any further escalation of Europe's debtcrises.
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G20 likely to raise IMF's resources for fighting sovereign debt crisis by up ...
Irish Times
The extra money is to give the fund, a lender of last resort to governments, more fire-power to fight the sovereign debt crisis, triggered by unsustainable policies in euro zone countries such as Greece, Portugal and Ireland. G20finance ministers meet ...
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IMF needs less new money for crisis than previously thought
Hurriyet Daily News (press release)
Lagarde comments come a week before the IMF and the G20finance ministers and central bankers hold meetings, with a key aim of boosting the IMF's resources for intervening in financialcrises. With the European economy on the brink, for months the Fund ...
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Hurriyet Daily News (press release)
G-20 nations may boost IMF resources further
TODAYonline
The extra money is to give the IMF, which is a lender of last resort to governments, more firepower to fight the sovereign debt crisis, triggered by unsustainable policies in euro zone countries such as Greece, Portugal and Ireland.
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IMF Chief Christine Lagarde Calls For U.S. Mortgage Relief
ThinkProgress
By Travis Waldron on Apr 13, 2012 at 2:10 pm With the housingcrisis still plaguing America's economic recovery and the Obama administration's housing programs not doing much to help, Congressional Democrats and progressive groups have recently upped ...
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ThinkProgress
After 3 Years, Is The Euro Crisis Actually Any Closer To A Solution?
Seeking Alpha
For example (for more details see here): To save banks, higher capital ratios were imposed which led to a credit crunch, worsening the economic crisis. A worsening economic crisis has a large negative effect on the sovereign debtcrisis as it reduces ...
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Spain in the Debt Crisis Crosshairs
The Market Oracle
Spanish and Italian yields are firmly on the rise again, marking a reverse of the trend helped into action by €1bn of refinancing money from the ECB. Tensions are rising once more given that Spain and Italy are 'too big to bail' We've touched on Italy ...
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Breathing space to improve balance of payments
Sunday Times.lk
By Nimal Sanderatne The release of another tranche of US$ 426.8 million of the IMF US$ 2.6 billion standby facility provides the country a breathing space to come out of the balance of paymentscrisis. It gives the country time to adjust policies to ...
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Sunday Times.lk
Canada backs US pick Jim Yong Kim for World Bank president
CTV.ca
In less than a year, Canada has gone from a bold leader in the effort to change the way the global economy is governed, to a quiet enabler of the status quo. The World Bank's 25 executive directors, including Canada's Marie-Lucie Morin, are expected to ...
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Briefs...
The News International
“The currency market was hardly affected by North Korea's launch,” he added. MEXICO CITY: G20 economy and trade ministers will meet next week in Mexico to seek a boost in trade as part of efforts to tackle Europe's debt crisis, Mexican officials said ...
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Vladimir Putin's report to the Russian parliament on government performances
BSR Russia
We all remember that Russia was faced with an unprecedented financial andeconomic crisis. In fact it was the first such global crisis ever. It was much larger in scale and far more dangerous than the crisis of 1998. I think that those politicians and ...
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ARE WE OUT OF THE WOODS?
The Swazi Observer
It was postulated that in order to survive the impending financial crisisgovernment needed to get assistance from international financial institutions be it the African Development Bank (AfDB), World Bank or neighbouring South Africa in terms of ...
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Gold Under Extreme Pressure to Rise, the Golden Eye of the Debt Hurricane
The Market Oracle
The US news machine, dominated by the syndicate, churns out absurdities after more nonsensical bites on an economic recovery. The subprime loan machinery has ramped up. The retail factor does not tell of strength, but of weakness.
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Islamic banking
Business Today Oman
While a return on such accounts is not guaranteed at the start, large asset losses could potentially expose Islamic banks to liquidity crises. Given the lack of Shariah compliant money market instruments in most countries, Islamic banks are less ...
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FINANCE - IMF needs less new money for crisis than previously ...
The International Monetary Fund said it probably needs less new money forcrisis intervention than previously thought, crediting action by the eurozone for the ...
www.hurriyetdailynews.com/imf-needs-less-new-money-for-c...
IMF needs less money to fight crisis — RT
Give us more money to fight the crisis has been IMF's mantra for the last year, now it's head ... Finance Minister: Russia seeks for clear terms offinancing the IMF ... The IMF has warned it may not be able to rescue bigger European economies ...
rt.com/business/news/imf-lagarde-money-crisis-980/
Lagarde says IMF may need less money for war chest
WASHINGTON (Reuters) - A stronger firewall is needed to protect the worldeconomy from Europe's debt crisis, but the International Monetary Fundmay not ...
uk.reuters.com/.../uk-imf-lagarde-idUKBRE83B1KC2012041...
WSJ UPDATE: IMF Chief: Despite Higher Growth Prospects, Global Economy Unstable
In a video interview with The Wall Street Journal, Lagarde said the IMF, which cut ... a debt crisis that now threatens to capsize two of its largest economies, Italy and ... and Rome to afford rising financing costs as both countries struggle to rein in ... turns in the global economy, the IMF had been trying to raise enough money ...
online.wsj.com/article/BT-CO-20120412-715243.html
Egypt's IMF deal imminent but Brotherhood says no agreement reached
Finance Minister Mumtaz al-Said confirmed on Thursday that the ... seen as crucial to avoid a balance of payments crisis and a disorderly currencydevaluation, ... the IMF or other global institutions,” Abdel Hafez el-Sawi, head of the economic ...
english.alarabiya.net/articles/2012/04/12/207344.html
Lagarde says IMF may need less money for war ... - Yahoo! Finance
Finance: A stronger firewall is needed to protect the world economy from Europe's debt crisis, but the International Monetary Fund may not need as much money ...
finance.yahoo.com/.../lagarde-says-imf-may-less-000825407...
Lagarde says IMF may need less money for war chest | Reuters
... the world economy from Europe's debt crisis but the International Monetary Fund may not need as much money as it thought just a few months. ... Speaking ahead of meetings of finance chiefs in Washington on April 20-21, IMF Managing ...
uk.reuters.com/.../uk-economy-imf-resources-idUKBRE83B13...

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