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Posts related to ‘IMF’

The IMF vs. Germany

The deal to save Greece from default has come down to a battle of wills between Germany and the International Monetary Fund. It was always likely this would happen, but ...
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World Could Face ’1930s moment’ Says IMF Chief

International Monetary Fund managing director, Christine Lagarde, has warned that the global economy “could easily slide into a ‘1930s moment’ unless global leaders take the actions that they know must ...
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What’s Important in the Financial World (1/20/2012) Android Falters, GM’s U.S. Aid

Google (NASDAQ: GOOG) shares stumbled after it released fourth-quarter earnings. Revenue rose 25%, but net income barely rose to $2.7 billion. The markets were puzzled about why Google now has 32,467 ...
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IMF May Revise Global Growth Forecast Lower

International Monetary Fund chief Christine Lagarde told the media that the IMF’s planned 2012 global GDP growth forecast of 4% may be to high. The official number will be released next ...
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IMF Chief Lagarde Pushes the Panic Button

It is credible to say that many parts of Europe are in the grip of a new recession. It is equally credible to say that the U.S. economy could contract ...
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Concerns Over EU Plans Linger, Worsen

The grand plan--the grand bargain--to save Europe's financially weakest nations, met with more skepticism as the hours after its create passed. Widely consider too little in terms of money and ...
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Twenty Three Of Twenty Seven Euro Area Members Approve New Agreement

Twenty-three of the twenty-seven members of the euro area approve a new treaty to set a group policy to address the financial crisis. The UK, Sweden, Czech Republic, and Hungary ...
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IMF Rescue Fund and Bailout of Eurozone

The IMF says it has created a new facility for “responsible” countries to use for short-term capital needs. That probably means Greece will not qualify, but maybe Italy will. Or, ...
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Media Digest (9/8/2011) Reuters, WSJ, NYTimes, Bloomberg

Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the ...
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EU Youth Unemployment Tops 20%

The economy in the EU region will not get better for years because it can't. Eurostat reports that unemployment in June among people under 25 was 20.3% in the euro-area. ...
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Media Digest (7/14/2011) Reuters, WSJ, NYT, FT, Bloomberg

The EU has reached no decision on Greece. The IMF favors private sector involvement (Reuters) Japan warned about the economic results of the rapid rise in the yen (Reuters) The ...
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IMF: US GDP Growth Below 3% For Six Years

It would be hard for the news about the financial status of the US to be worse. The debt cap may not be increased by August 2. Rating agencies have ...
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Spain Gets Latest IMF Caution Flag

Economists and investors have enough to worry about in Europe. Greece is in a state of collapse. There are concerns that Portugal and Ireland could follow. Add Spain to the ...
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Greece: Austerity Without A National Commitment

The IMF says it will not support future payments to Greece unless the government shows it has the will to pass more austerity measures. Eurozone finance ministers have already delayed ...
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Strauss-Kahn, Sexual Assault, and the IMF… Shocking News, Not from the Tabloids

Sometimes it is almost hard to imagine that a news story did not start in the tabloids.  The financial world and the political world have been shocked by news that ...
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