International Monetary Fund
International Monetary Fund
The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed to stabilize international exchange rates and facilitate development. It also offers financial and technical assistance to its members, making it an international lender of last resort. Its headquarters are located in Washington, D.C., USA. The International Monetary Fund... read more
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Greece on shaky ground as coalition party rejects troika loan deal
From The Observer Dated 11 February 2012 Populist Laos party warns $130bn deal would 'cause more poverty' and attacks Germany's influence over EuropeThe Greek government appeared increasingly shaky on Friday night as its junior partner, the populist Laos party, said it would not support a controversial €130bn...
Greece Struggles to Overcome Mistrust
From The New York Times Dated 10 February 2012 While Portugal, Ireland and other countries may be struggling, Greece has found itself in a category of its own - a nation the rest of Europe no longer trusts.
Greece Struggles to Overcome Mistrust
From The New York Times Dated 10 February 2012 While Portugal, Ireland and other countries may be struggling, Greece has found itself in a category of its own - a nation the rest of Europe no longer trusts.
European “storm” would halve Chinese growth
From Big News Network Dated 10 February 2012 The International Monetary Fund (IMF) has warned that a major recession in Europe could drag down China's growth rate by as much as 4 percentage points, halving the projected 8.2 percent figure ...
IMF warns lack of revisions would expire US$1.7B Standby Agreement
From Dominican Today Dated 10 February 2012 Santo Domingo. - International Monetary Fund (IMF) Foreign Relations Dept. director Gerry Rice warned Thursday that if the 7th and 8th revisions in the Standby agreement with Dominican Republic aren’t complied with, “the program would expire at the end of...
Greek deal to be approved…on three conditions
From New Europe News Dated 10 February 2012 The Eurogroup, which represents the 17 finance ministers of the Eurozone member states, did not approve the Greek package deal with the country's creditors to save her from bankruptcy on 9 February, but instead set out three conditions for this...
Iran world’s 17th major economic power in 2011
From Big News Network Dated 10 February 2012 Iran ranks 17th on the list of the world's major economic powers based on the statistics released by the International Monetary Fund (IMF). A report by the IMF says Iran's economy has ...
Emerging markets need strong American values
From Big News Network Dated 10 February 2012 SANTA MONICA, Calif. (MarketWatch) -- There are 155 emerging and developing economies, according to the International Monetary Fund's World Economic Outlook. The U.S. State Department ...
UAE expats sixth richest worldwide but unprepared for retirement?
From GMANews.tv Dated 10 February 2012 Residents of the United Arab Emirates (UAE) are considered as the sixth-richest in the world, based on the 2011 estimates by International Monetary Fund (IMF).
IMF Must Help Avoid Greek 'Explosion,' Italian Premier Monti Says in D.C.
From International Business Times Dated 10 February 2012 Greece's debt crisis on Thursday dominated the first day of Italian Prime Minister Mario Monti's visit to the United States, as he urged the International Monetary Fund to be more lenient with Athens in bailout talks to prevent "a big...
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