 Reuters We are determined to do all we can," she was quoted as telling Italy's mainfinancial newspaper Il Sole 24 Ore, though she also said finally sealing the funds might take a bit longer. Japan's announcement comes ahead of theIMF and World Bank Spring ... See all stories on this topic » | ||
| Japan vows $60 bln to boost IMF firepower Reuters * First non-European nation to commit new funds * Japan's finance minister says hopes other nations to follow * Japan commitment comes ahead ofIMF, G20 meetings * IMF head hopes for more than $400 bln in pledges this week * Would boost IMF ability to ... See all stories on this topic » | ||
| Another crisis in Europe biggest global risk: IMF MarketWatch “Bad news on the macroeconomic front or the political front still carries the risk of triggering” turbulence in financial markets, he said. The IMF raised its forecast for global economic growth in 2012 and 2013, citing “an uneasy calm” at the moment ... See all stories on this topic » | ||
| Japan offers $60bn to boost IMF firepower Financial Times ... to prevent the sovereign debt crisis in Europe from weighing oneconomies around the world. Finance minister Jun Azumi announced the commitment on Tuesday, ahead of the semi-annual meetings of the IMF and World Bank in Washington later this week. See all stories on this topic » | ||
| Too much austerity will be damaging, IMF reports The Guardian If the financial markets are right and Spain is on course to become the fourth member of the eurozone to need a bailout, the government in Madrid should hope that the International Monetary Fund rather than the European Union or the European Central ... See all stories on this topic » | ||
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| IMF Sees Less Acute Global Fiscal Risks This Year Bloomberg The IMF warned that the goal of smaller deficits in the medium term should not curtail growth now. Many countries relied on government-relief measures to weather the global recession and the financial crisis that began in 2007, creating or deepening ... See all stories on this topic » | ||
| IMF calls on ECB to cut rates to boost growth RTE.ie It is also calling for the creation of a pan-European agency to take direct stakes in banks, in order to recapitalise the finance sector. In its latesteconomic outlook, the body says the euro zone crisis is the main risk to growth in Europe and ... See all stories on this topic » | ||
| IMF: Global economic recovery fragile and risk of relapse high The Guardian But it warned that a disorderly default and exit by a member of the single currency might lead to a full-blown panic in financial markets that would raise fears of a breakup of the single currency. The IMF said the political shock could "aggravate ... See all stories on this topic » | ||
| IMF gives UK go-ahead for further quantitative easing The Guardian The International Monetary Fund gave the Bank of England the all-clear for further doses of electronic money creation if the UK economy struggles to recover from its longest and deepest recession of the post-war era. The Fund said that ideally any ... See all stories on this topic » | ||
| Ireland's Banks Still a Worry as Troika Review Starts Wall Street Journal (blog) With Irish economic recovery held back by the euro zone debt crisis, there is evidence that some of its bank loan losses have risen. Analysts believe the Irish and troika authorities will find ways to avoid pumping in even more cash — money that the ... See all stories on this topic » | ||
| Japan Pledges $60 Billion to IMF Voice of America (blog) Japan says it will provide $60 billion in loans to the International Monetary Fund to boost its efforts to contain the European sovereign debt crisis.Finance Minister Jun Azumi revealed the plan Tuesday during a news conference in Tokyo, making Japan ... See all stories on this topic » | ||
| New estimates on how much a bailout could cost. GlobalPost (David Ramos/Getty Images) Investors have been up in arms lately about Spain's burgeoning economic crisis. The country's financial system has struggled under the weight of the a troubled real estate sector. While the government has backed efforts to ... See all stories on this topic » | ||
| The Coalition's calculation that Australia is borrowing $100 million a day ... The Australian The IMF's view is that there is no such thing as a risk-free asset, and says the world financial system would be healthier if investors and bankingregulators did not pretend there was. The IMF is worried that there will be such a rush of investors ... See all stories on this topic » | ||
| The Crazy World of Unreal Money BullionVault That's when the rot in the global financial system begin moving from the dodgy outskirts (subprime lenders in America) on its long and winding path to the very heart (the US Dollar as a global reserve currency). Every stop in between—Lehman Brothers, ... See all stories on this topic » | ||
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| IMF: Begging For A New Crisis Sky News (blog) Every six months, the finance ministers and central bankers of all major nations would meet in Washington (or, occasionally, a more exotic host city), interminable meetings were held, brows were furrowed at one or two weaknesses in the global economy, ... See all stories on this topic » | ||
| World Bank picks health expert Kim as president Reuters Some development experts criticized US President Barack Obama's choice as lacking the economic and financial credentials needed to respond to the needs of rising middle-income countries, which are still riddled with poverty but which are increasingly ... See all stories on this topic » | ||
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| Time not bailout needed for Spain to win over markets - Schaeuble Reuters India Schaeuble also said in an interview days before the spring meetings of the International Monetary Fund and World Bank he expected the world's top 20economies to agree in Washington to boost the crisis-fighting resources of the IMF by $400 billion. See all stories on this topic » | ||
| Eurozone crisis: Spain under pressure amid fears debt crisis will spiral out ... This is Money IMF lending is expected to be on the agenda when finance chiefs from the Group of 20 leading economies meet in Washington later this week. Italian borrowing costs are at worrying levels too, although its 10-year bond yield has dropped back since ... See all stories on this topic » | ||
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| GLOBAL CALL: Our take on the day's big FX news Wall Street Journal At the same time, IMF Chief Christine Lagarde confirms to an Italian newspaper the IMF hopes to boost funding to fight financial crises by more than $400 billion (a figure previously reported by DJ FX Trader). The Japanmoney and a similar match from ... See all stories on this topic » | ||
| Euro area seeks bigger IMF war chest on Spanish concerns Business Standard Crisis-fighting resources will dominate talks at the International Monetary Fund's (IMF) spring meeting in Washington from April 20-22. While the US insists that Europe can overcome the crisis using its own financialfirepower, euro-area officials say ... See all stories on this topic » | ||
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| Financial turbulence mounts as global economy slides deeper into slump World Socialist Web Site For most of this year, financial markets have been experiencing an upswing, buoyed by the injections of cheap money from the US and European centralbanks. But like the rosy flush that appears on the cheeks of a tuberculosis patient, the surge in stock ... See all stories on this topic » | ||
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| World Bank Picks Jim Yong Kim as Next President Fox Business Brazilian Finance Minister Guido Mantega said on Monday his country would not give additional money to the IMF to tackle the effects of the European debt crisis until the institution showed firm commitment to voting reforms. Unlike previous heads of ... See all stories on this topic » | ||
| Slowing recovery sets gloomy backdrop for G-20, IMF meetings China Post Stock markets have rallied the past few months on relief that Europe averted a major financial crisis at the turn of the year. Credit goes to the European Central Bank for pumping money into debt markets, Greece for striking a debt restructuring deal ... See all stories on this topic » | ||
| Washington maintains grip on World Bank top job TVNZ Jim Yong Kim, the US nominee for the next World Bank president, leaves the Finance Ministry after a meeting with Japanese Finance Minister. - Source: Reuters The World Bank today chose Korean-born American health expert Jim Yong Kim as its new ... See all stories on this topic » | ||
| FTSE LIVE: Eurozone back in crisis as Spain debt costs spike; M&S and Burberry ... This is Money Daily Mail & General Trust shares fell after it disappointed investors by warning that profits for the first half of its financial year would be lower than in 2011. Part of the reason for the decline will be lower advertising revenues, higher average ... See all stories on this topic » | ||
| Spanish-Bailout Chatter Rising Wall Street Journal (blog) Broadly speaking, these are the main issues, for Spain specifically and the Continent as a whole: How bad is Spain's economy? Will the country need a bailout? How will the ECB/IMF/rest of the world respond? There was a report today that euro-zone ... See all stories on this topic » | ||
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| Can Jim Yong Kim Make a Difference at the World Bank? Real News Network It is the world's only organization dedicated to promoting gender justice in all International Financial Institution investments. PAUL JAY, SENIOR EDITOR, TRNN: Welcome to The Real News Network. I'm Paul Jay in Washington. See all stories on this topic » | ||
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| If not for America… FX-MM The likes of the US and Japan however are likely to be resistant, claiming that Europe has enough financial firepower to resolve its crisis without additional outside assistance. One immediate talking point is what to do about Spain, ... See all stories on this topic » | ||
| The (early) Lunch Wrap FT Alphaville (blog) Deutsche Bank unleashes their 2012 Default Study, Lisa reviews. Japan will provide $60bn worth of loans to the IMF, in an effort to contain the eurozone sovereign crisis. It is hoped that the country's contribution will lead to furtherfinancial ... See all stories on this topic » | ||
| Malawi paid price for ego of 'Economist in Chief' The Malaysian Insider When Mutharika came to power in 2004, the former World Bank economist was seen as a bland technocrat, leading a party that did not have a majority in parliament. He made a good start. Farm support programmes helped theeconomy post annual growth of 7 ... See all stories on this topic » | ||
| German firms deeply unhappy with Hungary policy drift, says survey The Malaysian Insider BUDAPEST, April 16 — Two thirds of German and Austrian companies in Hungary are “strongly dissatisfied” with government economic policy and its rating as a destination for investment has slumped, a survey showed today. The poll by the German Chamber ... See all stories on this topic » | ||
| Modest Dollar Recovery Overnight Action Forex Efforts continue behind the scenes to increase the IMF's crisis-fighting firepower ahead of this week's IMF and World Bank meetings. Although any monies raised would in theory be available to provide financial assistance worldwide, the key objective ... See all stories on this topic » | ||
| COMMENT: The return of the debt crisis The Sunday Business Post Is it back to the future on the financial markets? After a few months of relative calm, sovereign bond yields are under the spotlight again, particularly in Spain where long-term interest rates are now over 6 per cent. Shares and the euro are falling ... See all stories on this topic » | ||
| Hoisington First-Quarter Review and Outlook Jutia Group When debt is utilized to finance nonproductive assets, an economicprocess is initiated that undermines prosperity. Productivity gains must be generated in order to boost income, and thereby the standard of living. If debt enhances productivity, ... See all stories on this topic » | ||
| South Korea's FSC legislates for a better future for investors FTSE Global Markets Even though South Korea survived the financial crisis relatively unscathed (by US and European standards at least) the tumult still had its effects. Asked about uncertainty, Lee refers with a reserved smile to the “IMF'sWorld Economic Outlook. See all stories on this topic » | ||
| Some Answers to Casey's Questions on Gold Manipulation Resource Investor And the governments, their central banks and almost all large commercialbanks are bankrupt; they have vastly less financial power than they did in the days of the London Gold Pool. Why would they try to do something that's so obviously a losing game? See all stories on this topic » |
| IMF' s Lagarde calls for swift action on financial risks - CNN Money Lagarde said the first priority is to keep the financial crisis at bay. But she also urged officials to focus on ways to move the global economy beyond the crisis and foster sustainable growth. ... The remarks came ahead of the annual meetings of the IMF and World Bank next ... Insurance news and resources from BankRate ... money.cnn.com/2012/04/12/markets/lagarde-imf/index.htm |
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