International Monetary Foundation

IMF Chief Calls Austerity v. Stimulus “False Debate”

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

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

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

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

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

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?

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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The IMF — Down in the Weeds of US Politics

Following the financial collapse of 2008, the US insisted on some changes to the way representation was apportioned at the International Monetary Fund, and when Christine Lagarde took over following ...
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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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