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China says yes to free markets, no to free currency regime
President Barack Obama on his tour to China has approached a very cautious approach. While raising issues of contention between the two nations, he has been subtle in his own right. He agreed to the... The Bank Of India Buys 200 Metric Tonnes Of Gold From IMF
The Reserve Bank of India (RBI) has purchased 200 metric tonnes of gold from International Monetary Fund to diversify its assets on Monday. Analysts say weak American dollar is the major reason for RBI to stock on gold right now. The deal came at a price of $6.8 billion... India, China and Australia on economic recovery fast-track: IMF
The Washington based International Monetary Fund (IMF) on Thursday said that the three economies of India, China and Australia were recovering at a especially rapid pace, which suggests that there would be... Sri Lankan Loan Is Cleared by the IMF
Despite the efforts of the the "self appointed international community", a lobby consists mainly of the countries that used to tolerate the financing and supporting of the [now extinct] LTTE, a terrorist group... DC: IMF Protested
Washington, DC - The International Monetary Fund (IMF) met this weekend greeted by high security from multiple law enforcement agencies. These police kept the protesters from the IMF attendees. Barricades along... G-20 Ministers Vowed To Tackle Global Financial Crisis
The finance ministers of the G20 met in Horsham, England on Mar.13-14 to prepare for a G20 London Summit on the global financial crisis on Apr. 2. The G20 is made up of the finance ministers and central... G7 to avoid protectionism
" Finance ministers at a G7 meeting in Italy said raising barriers to free trade would make the downturn worse. Hours earlier, the US Congress approved an $787bn economic recovery plan that includes a 'Buy... IMF approves $7.6 billion rescue fund for Pakistan
After succesfully lobbying from the International Monetary Fund for help, Pakistan have manged to get a help of US $7.6 billion from International Monetary Fund in order to avoid defaulting on... IMF Takes Emergency Measure to Stem Global Financial Crisis
The International Monetary Fund has activated emergency funding that will lend money to countries facing financial crisis. The new system will help speed up approval of loans to countries in need of financial aid.... IMF poised to name Strauss-Kahn new chief
"Backed by the European Union and the United States, the former French Socialist finance minister is virtually assured to succeed IMF managing director Rodrigo Rato, who is stepping down next month. The change in...Global financial crisis to have `far-reaching` impact: IMF
""Markets are recognizing the extent to which credit discipline has deteriorated in recent years -- most notably in the US nonprime mortgage and leveraged loan markets, but also in other related credit markets," said the 185-nation Washington institution, dedicated to...IMF, World Bank to unveil joint strategy for poor countries
"John Lipsky, IMF first deputy managing director, said the Fund's role in low-income countries, which has drawn controversy in recent years, will be formalized in a Joint Bank-Fund Management Action Plan that will be unveiled ahead of the two institutions' annual meetings...With US backing, Strauss-Kahn sails toward top IMF post
""I urge the (IMF) Board to positively consider the candidacy of Dominique Strauss-Kahn" to succeed Rato, Treasury Secretary Henry Paulson said in a statement. "The US is supporting Mr. Strauss-Kahn because we...Benn against the big bad Wolfowitz
"Ignore UK development minister Hilary Benn's posturing against the World Bank: both agree that Africa is incapable of self-government."In September, Hilary Benn, the UK international development secretary, announced on BBC Radio 4's Today programme that his Department...
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