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 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...
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...
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...
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...
created by fwinstead | 30 wks ago | updated 30 wks ago 327 views | 0 recommendations | 0 comments
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...
created by Pythiian1 | 36 wks ago | updated 36 wks ago 777 views | 72 recommendations | 19 comments
" 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...
created by mazevedo | 40 wks ago | updated 40 wks ago 97 views | 6 recommendations | 1 comment
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...
created by Sanjay Jha | 1 year ago | updated 52 wks ago 81 views | 4 recommendations | 0 comments
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....
created by Jon Azpiri | 1 year ago | updated 1 year ago 97 views | 3 recommendations | 1 comment
"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...
created by uusjio | 2 years ago | updated 2 years ago 2057 views | 0 recommendations | 0 comments
""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...
created by uusjio | 2 years ago 158 views | 0 recommendations | 0 comments
"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...
created by uusjio | 2 years ago 101 views | 0 recommendations | 0 comments
""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...
created by uusjio | 2 years ago | updated 2 years ago 115 views | 0 recommendations | 0 comments
"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...
created by worldwrite | 3 years ago | updated 3 years ago 491 views | 0 recommendations | 0 comments