International Monetary Foundation
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 to adopt a...
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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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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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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...
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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...
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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 total of €1 trillion....
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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 the next battle to...
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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 the forces for the two parties...
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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...
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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...
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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 month.She...
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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 and that China’s GDP growth could fall well...
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Source: nationsonline.orgThe 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...
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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 voted against the...
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