Tag: IMF

• Wednesday, December 15th 2010 - 22:30 UTC

  Irish parliament approves multi-billon Euro EU/IMF bailout package

  

  Ireland's parliament on Wednesday approved (81 to 75) a multi-billion Euro EU/IMF bailout package in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.

• Friday, December 10th 2010 - 18:32 UTC

  IMF evaluates the spill-over impact of China’s growth for the rest of the world

  

  Economic data suggest that a 1 percentage point increase in China’s growth rate sustained over five years means an extra 0.4 percentage point of growth for the rest of the world, two experts at the International Monetary Fund said after studying figures for the past two decades.

• Wednesday, December 8th 2010 - 04:56 UTC

  IMF criticizes Europe’s disjointed response to the Euro debt crisis

  

  The head of the International Monetary Fund criticized Europe's disjointed response to the Euro zone debt crisis after Germany and other states resisted his calls for bolder action.

• Friday, December 3rd 2010 - 06:18 UTC

  IMF chiefs rules out double-dip recession, praises South American countries

  

  IMF Managing Director Dominique Strauss-Kahn ruled out any possibility of an impending double-dip recession even as he warned against downward risks posing the countries while they were recuperating, albeit languidly.

• Friday, December 3rd 2010 - 06:13 UTC

  IMF prepares for crisis scenario: plans to double lending capacity to 450 billion

  

  IMF expects to double its lending capacity to 450 billion US dollars over the next few months, giving it additional firepower to deal with the sovereign-debt crisis engulfing Europe, according to IMF officials and documents.

• Wednesday, November 24th 2010 - 20:21 UTC

  IMF mission arrives in Buenos Aires first week of December

  

  The International Monetary Fund confirmed Argentina’s request for technical assistance on the elaboration of a Consumer Price Index (CPI). In a statement release by Nicolas Eyzaguirre, Director of the Western Hemisphere Department added “we are currently in contact with the authorities on planning the missions”.

• Tuesday, November 23rd 2010 - 19:16 UTC

  Argentina requests IMF technical aid to help with a new prices index

  

  Argentina’s Economy minister Amado Boudou announced Tuesday that the President Cristina Fernández de Kirchner's administration is to request aid from the International Monetary Fund to help with a new price index.

• Wednesday, November 10th 2010 - 05:28 UTC

  China resists becoming the locomotive for the world economy, says IMF

  

  China is resisting pressure to become a locomotive to pull the floundering US economy out of its hole, notably by stubbornly pegging its Yuan to the dollar, a senior IMF official said on Tuesday.

• Tuesday, November 9th 2010 - 12:43 UTC

  Gold soars to new record; up 7% in the last week, 29% in 2010

  

  The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles. Tuesday morning it was trading at $1,421 an ounce.

• Tuesday, November 9th 2010 - 01:47 UTC

  IMF warns about possible “full blown sovereign debt crisis” in rich nations

  

  Risks are still high that developed nations will face difficulties in rolling over their debt and possibly trigger a crisis the International Monetary Fund said in its “Fiscal Monitor” report released this month.