Today: FINANCIAL News, Money, Banks, Economic and Financial Crisis, Apr 15, 2012

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Apr 15, 2012

FINANCIAL News, Money, Banks, Economic and Financial Crisis, Apr 15, 2012

IMF Plan To Raise New Funds Pushing Tensions To A Boil
Huffington Post
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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IMF chief Christine Lagarde will struggle to bag more funds for a 'firewall'
Telegraph.co.uk
Furthermore, a crisis in Italy, or indeed Spain, would threaten the global economy all over again. A “safety net” would allay such fears. It has been a baptism of fire for Lagarde, France's formerfinance minister who was appointed after the disgraced ...
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Telegraph.co.uk
CSC announces intention to reimburse deducted wages
Minivan News
This reduction in civil servant pay was introduced by the previous government in an attempt to manage a financial crisis back in 2009. The initial deduction, agreed between the Finance ministry and the CSC, was only due to last for three months until ...
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Minivan News
The single currency has arrived at a three-pronged fork in the road
The Guardian (blog)
Instead, the euro has led to a widening gulf between rich and poor, and this has been brutally exposed by the financial crisis and its aftermath. It became clear that the countries on the periphery of the eurozone had a cocktail of problems.
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The Guardian (blog)
IMF funds drive caught in global power shift
Pakistan Daily Times
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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Eurozone crisis roars back to savage Spain
Daily News & Analysis
"How happy I am a solution to the Greek crisis, which has weighed on theeconomic and financial situation in Europe and the world for months, has been found." Just when you hoped it really was "solved", the eurozone crisishas roared back on to the ...
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Pranab leaves for US to attend Fund-Bank meetings Apr 17
Daily News & Analysis
Place: New Delhi | Agency: PTI Finance Minister Pranab Mukherjee will be leaving on a five-day visit to the US on Tuesday to attend the IMF-World Bank annual spring meetings, which among other things, will deliberate on increasing resources of the IMF ...
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China gives currency more freedom with new reform
NDTV
China took a milestone step in turning the yuan into a global currency on Saturday by doubling the size of its trading band against the dollar, pushing through a crucial reform that further liberalizes its nascent financial markets.
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DAN ATKINSON: Let's count our blessings over IMF plan
This is Money
By Dan Atkinson For George Osborne and fellow financeministers, this week's gathering of the International Monetary Fund in Washington ought to be a breeze – a few days' rest and relaxation in spring sunshine. After all, the fund was set up in ...
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This is Money
Burdened with dept reloaded
Anarkismo.net
Very briefly, our point of view is that the aggravation of the protracted capitalist reproduction crisis had been postponed by a certain politics of money that had led to a relative autonomisation of finance capital and a closer interaction between ...
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Anarkismo.net
IMF plays a very unlikely hero to those struggling to pay mortgages
Irish Independent
A wedding invitation is regarded as a "crisis". A doctor's visit will put them "over the line" on their household budget and, as for the household charge, they can't afford to pay it. "My fear is what it will become next year," she said.
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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
Greg Mankiw Hides the Role of Government in Redistributing Income Upward
Business Insider
The over-valuation of the dollar is another deliberate policy that had its origins in Robert Rubin's high dollar policy, with the muscle provided by the IMF in its bailout of East Asian countries from their financial crisis in 1997.
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We support, not takeover companies - AMCON boss
The Nation Newspaper
By Ibrahim Apekhade Yusuf 12 hours 6 minutes ago Mr. Mustafa Chike-Obi, Managing Director, Asset Management Corporation of Nigeria (AMCON) has over 26 years experience in international finance. Before his appointment at AMCON, he was the Managing ...
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Zaradri to attend Nato summit next month in Chicago
The News International
Finance Minister Hafiz Shaikh will dash to Washington Wednesday next where he will have follow up meetings with the stalwarts of the department of the Treasury, IMF, USAID and other relevant departments. Hafiz Shaikh will also have meetings with some ...
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Egypt's 4% growth
Zawya (registration)
Deutsche Bank reckons Egypt's crisis is essentially a result of a sudden reversal in capital inflows due to lack of confidence in politics and question marks handing over economic policy. "Egypt does not have a structural balance of payments problem ...
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Zawya (registration)
New Year Blues:Government mismanaging the economy unlike Kandiah's grocery store!
The Island.lk (subscription)
The former People's Bank Chairman and one of the two drafters (Hector and Bernard Soysa who were both named as 'outsiders in the Finance Ministry' by Felix Dias in parliament after the LSSP was expelled from the UF government) of NM's budgets, ...
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IMF chief Christine Lagarde urges US to give more cash to fight ...
IMF managing director Christine Lagarde has implored the US to help ...Christine Lagarde has asked IMF members to give her $500bn in extra funds to fight financial crises ... But at a fraught meeting of finance ministers and central bank chiefs in ... "No member country has ever lost money by contributing to IMF resources ...
www.telegraph.co.uk/.../IMF-chief-Christine-Lagarde-urges-U...
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, ... countries to provide financial help too, says Finance Minister Anton Siluanov.
rt.com/business/news/imf-lagarde-money-crisis-980/
Lagarde: IMF May Need Less Money for War Chest
Speaking before meetings of finance chiefs in Washington on April 20-21, IMF... by discussions on new IMF resources, growing concerns Europe's crisiscould ...
www.moneynews.com/FinanceNews/lagarde-imf/.../435738
IMF' s Lagarde calls for swift action on financial risks - CNN Money
Last month, eurozone finance officials announced plans to boost their crisisresources to €700 billion by combining two bailout funds. The IMF had called for a ...
money.cnn.com/2012/04/12/markets/lagarde-imf/index.htm
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