Tag: IMF

• Wednesday, October 6th 2010 - 02:15 UTC

  IMF chief admits danger of “currencies as a policy weapon”

  

  Countries risk undermining the global economic recovery if they use their currencies to try to boost domestic growth, the head of the International Monetary Fund warned on Tuesday in a newspaper interview.

• Wednesday, September 29th 2010 - 04:40 UTC

  IMF head sees “no major danger” of escalation of currency devaluations

  

  International Monetary Fund Managing Director Dominique Strauss-Kham sees no major danger of an escalation of currency devaluations as countries seek to boost economic growth.

• Tuesday, September 28th 2010 - 01:51 UTC

  IMF mandatory surveillance of 25 countries, 90% of the world financial system

  

  The Executive Board of the International Monetary Fund (IMF) has approved making financial stability assessments under the Financial Sector Assessment Program (FSAP) a regular and mandatory part of the Fund’s surveillance for members with systemically important financial sectors.

• Tuesday, September 14th 2010 - 03:50 UTC

  IMF warns no financial crisis is over with a “wasteland of unemployment”

  

  The global recession has created a “wasteland of unemployment” that is likely to leave scars on society for years to come, unless action is taken to address the jobs crisis, IMF Managing Director Dominique Strauss-Kahn warned.

• Friday, September 10th 2010 - 04:31 UTC

  Kirchner cabinet refutes FT report: no IMF revision of Argentine economy

  

  Argentina is still opposed to having its economy reviewed by the International Monetary Fund (IMF), government ministers said on Thursday, refuting recent media reports to the contrary.

• Monday, September 6th 2010 - 05:15 UTC

  IMF confident risks of further large price spikes for wheat have eased

  

  Despite a large rise in the two months to August, wheat prices remain well below levels reached during the boom in 2008 and market pricing indicates that the risks of further large price spikes have eased, says a report from the IMF.

• Monday, September 6th 2010 - 04:26 UTC

  IMF confident world economy is recovering but warns about fiscal consolidation

  

  The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, IMF First Managing Director, John Lipsky said on Sunday.

• Monday, August 30th 2010 - 06:43 UTC

  IMF proposes a short term liquidity facility to prevent financial crises

  

  A top International Monetary Fund official called for the creation of an emergency lending facility as part of a global toolkit aimed at preventing the spread of financial crises.

• Friday, August 6th 2010 - 00:34 UTC

  IMF praises Brazil’s “carefully calibrated” policies and forecasts 7.1% growth

  

  The International Monetary Fund reiterated its forecast for Brazil’s economy to expand 7.1% this year, as result of capital inflows and the expansion of credit. However the IMF also cautioned about the official credit policy of the country’s development bank.

• Saturday, July 31st 2010 - 05:35 UTC

  US second quarter growth down to an annual 2.4%, from a previous 3.7%

  

  United States economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department announced Friday. This compares with an annual rate of 3.7% in the previous quarter.