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Posts related to ‘IMF’

global economy

IMF Downgrades Global Growth for 2013

Posted: January 23, 2013 at 10:31 am

The International Monetary Fund (or the IMF) issues guidance on global and country-specific economic expectations from time to time, but we now have the IMF's 2013 World Economic Outlook for ...
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Syria Starts to Struggle as the U.S. Extends Its Sanctions Against Iran

Posted: August 17, 2012 at 4:27 am

The International Monetary Fund said Syria was one of the few countries in the Middle East whose economy is expected to contract in 2012. The IMF expected the regional economy ...
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IMF Sees Fiscal Cliff & Euro Crisis As Key Risks To US Growth in 2012 & 2013

Posted: August 2, 2012 at 3:10 pm

The International Monetary Fund still sees growth remaining positive throughout 2012 and 2013.  Unfortunately, this pesky "fiscal cliff” and the Euro area crisis are listed as the main risks to ...
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IMF Pushes ECB on Bank Union, Fiscal Integration

Posted: July 18, 2012 at 12:56 pm

The European Union and the European Central Bank (ECB) can no longer just kick the can down the road if they hope to solve the financial crisis in the Eurozone. ...
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IMF Forecasts More Weakness in Global Economy

Posted: July 16, 2012 at 10:49 am

In one of the periodic updates to its 2012 World Economic Outlook, the International Monetary Fund (IMF) said today that global economic growth in 2013 will decline from a previous ...
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IMF: U.S. Recovery ‘Remains Tepid’ Due to Euro Crisis, U.S. Politics

Posted: July 3, 2012 at 1:49 pm

The International Monetary Fund warned Tuesday that the U.S. recovery is still on shaky footing, and  political action must be taken to keep economic growth stable. "The U.S. recovery remains tepid and ...
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IMF to Spain: You’re Screwed

Posted: June 15, 2012 at 12:21 pm

The International Monetary Fund (IMF) has published its preliminary findings following its meetings with Spanish officials. The outcome is neither unexpected nor good news for Spain. First the IMF states ...
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IMF Warns On UK Economy

Posted: May 22, 2012 at 6:15 am

The new IMF report on the UK  ("United Kingdom—2012 Article IV Consultation Concluding Statement of the Mission") has a pessimistic tone. But, the agency believe that the country can help ...
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IMF Chief Calls Austerity v. Stimulus “False Debate”

Posted: May 7, 2012 at 1:33 pm

The managing director of the International Monetary Fund, Christine Lagarde, in a speech today said that the two prevailing views of how to repair the faltering global economy is neither ...
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Geithner Touts US Role in European Debt Crisis Solution

Posted: April 18, 2012 at 11:28 am

US Treasury Secretary Timothy Geithner in a speech today encouraged European governments to support the International Monetary Fund’s (IMF) efforts to double its cash on hand and build an even ...
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Spain Tries to Save Itself as Prospects Slip Away

Posted: April 11, 2012 at 6:40 am

Prime Minister Mariano Rajoy said high bond yields may kill any chance that government-driven austerity measures can cut deficits enough for the nation to finance its own needs. At about the same ...
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IMF Turns Negative On Economy

Posted: April 11, 2012 at 6:33 am

Government policies aimed at reducing a household’s debt relative to its assets—and its debt service payments relative to its income—could be an inexpensive way to mitigate the negative effects of ...
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China Trade Forecast Could Be Lowered

Posted: April 10, 2012 at 10:33 am

The International Monetary Fund (IMF) is considering lowering its estimate of future Chinese trade surpluses in the next World Economic Outlook due later this month. The IMF’s current forecast could ...
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Eurozone Raises Firewall to €700 Billion

Posted: March 30, 2012 at 9:10 am

The European Union has agreed to raise its so-called “firewall” to a total of €700 billion, an increase of 40% over its previous maximum but still short of a hoped-for ...
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Is Oil the Next Greece?

Posted: March 20, 2012 at 7:27 am

Christine Lagarde, managing director of the International Monetary Fund (IMF), said yesterday that the threat to the euro and the eurozone has been met for the time being and that ...
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