MercoPress. South Atlantic News Agency
IMF cuts global growth estimates; calls for clear political leadership to restore confidence
The IMF has cut its global growth forecasts for this year and 2013 and called on politicians in the Euro-zone and the US to take “decisive” steps to restore confidence, a German newspaper said Friday. Read full article
Comments
Disclaimer & comment rulesIMF is puzzled outmoded institution.
Oct 06th, 2012 - 05:30 pm - Link - Report abuse 0IMF is AMAZING. Cushioned business cycles justas it was designed. AND cleans out corruption.
Oct 06th, 2012 - 05:48 pm - Link - Report abuse 0http://www.sfgate.com/business/bloomberg/article/Greece-Said-to-Plan-Sale-of-Former-Royal-Estate-3876251.php
If you don't like it, be an EVOLVED society and say no to IMF/World Bank loans with REFERENDUMS.
2 Ayayay
Oct 07th, 2012 - 01:31 am - Link - Report abuse 0So are you saying the Greeks should just take the money and give the finger to people like me who have worked all their lives, provided for their families, never been out of work and always paid their taxes?
Do you not think it reasonable they sell off their property to try and make the books balance?
Or what?
BTW They should NEVER have been allowed in the EU, nevermind the Eurozone. They are and have always been con-merchants.
@ Chris Not taking an additional loan ≠ paying the existing one.
Oct 07th, 2012 - 02:17 am - Link - Report abuse 0--Especially if they're planning an F1 racetrack with the new one--
A referendum may mean that the average 'protester' will see that they have responsibility, agency.
Especially once their skills get revalued against an Asian market,
cause and effect are clearer.
I'd like the IMF to someday get thanked instead of spanked.
Germany, also, is considering a referendum on whether to continue.
Next buckingham palace and windsor castle...
Oct 07th, 2012 - 11:35 am - Link - Report abuse 0A circus could be a good business there animals no need to buy seems they are included with the building package...
In technically,There can not be made any referandums which covers initiated from outher organizations where the Governments have betwixt positons .
Oct 07th, 2012 - 01:23 pm - Link - Report abuse 0in the world,the only country needs IMF is of course USA.
Dont be flannel mouthed.!.
5 DanyBerger
Oct 07th, 2012 - 04:16 pm - Link - Report abuse 0umm, Buckingham Palace and Windsor Castle arn't greek... sorry to steal your thunder but if you had read what Ayayay posted, you would find that it's the Greek's who are selling off royal estates, not the British. No, I can honestly say that the British royal family / Government do not need to go down that road as our economy is in much better shape.
Yes, the GREEK gov is selling off it's many player manses in FOREIGN countries.
Oct 07th, 2012 - 05:10 pm - Link - Report abuse 0In return for more refinance help from the IMF. One of them in London- $160,000 a month rent value.
So that MEDICINE, which stopped being available to Greece's PEOPLE, because the Greek gov STOPPED PAYING FOR IT, can flow again.
Got to pay the Chinese, USA and Indian workers that manufacture most generics.
Disabled people go all over the cities looking for a pharmacist that accepts Greek gov credit.
http://m.guardiannews.com/world/2012/may/23/greece-debt-creating-healthcare-crisis?cat=world&type=article
It was a corrupt system that allowed them in,
Oct 07th, 2012 - 06:00 pm - Link - Report abuse 0It will be an even more corrupt and broken system that will be forced to let them go.
And when this happens, and other follow,
Who then will have to make up the short fall of all the loans made to those who go,
Not eye says Greece
Not eye say Spain,
Not eye says Ireland
Not eye says Portugal,
And the British government of Cameron will be faced with this choice, like the rest of them who remain.?????????????
.
I can see in the near future poor European countries collapsed for financial tsunami asking for loan in Pesos to Argentina to by food, medical stuff and industrialised products.
Oct 08th, 2012 - 06:47 am - Link - Report abuse 0Instead of “Plan Marshall” will be called “Plan Moreno”...
I don't want to forget to mention dear president Hugo Chavez and Dilma Rousseff, that sure will provide loans in “Bolivares” and “Reais” to buy fuel to keep your houses warm in cold winters...
@10 Dany,
Oct 08th, 2012 - 09:49 am - Link - Report abuse 0Do you have any money to lend down there?
eu comento a zona do euro o método neoliberal de lidar com a crise esta falido os estados emergentes estão em recessão económica o desemprego esta a crescer em flecha na zona do euro os paises da eurozona devem tomar decisões e partilhar as dividas da zona do euro
Oct 08th, 2012 - 10:49 am - Link - Report abuse 0perculater go home.
Oct 08th, 2012 - 11:49 am - Link - Report abuse 0There is too much doom and gloom on this news site.
Oct 08th, 2012 - 03:56 pm - Link - Report abuse 0Why has it not been reported that Chile’s growth was up again: year to August 6.3% growth. Average earning also up 6%.
Economy growing, people earning more. Good news.
We need more good new,
Oct 08th, 2012 - 05:26 pm - Link - Report abuse 0Rumour has it, that acting MRS Christmas ,,, CFK will give all her people and extra 20pesos this Christmas, as a good will present.
So they say..
Northern Europe is doing well enough to really well. :)
Oct 09th, 2012 - 01:26 am - Link - Report abuse 0(It's the South with the challenges)
•Sweden RAISED it's outlook (:
•Switzerland has 2% unemployment.
• Germany is in GROWTH while Argentina is in contraction.
Plus they're the only banks people are trusting with their savings..All of S Europe moved their money/everything there this year.
Like S Am and the dollar. The Arg gov keeps an insane amount of their money in New York.
@Ayayay
Oct 09th, 2012 - 02:19 pm - Link - Report abuse 0Argentina is growing 4% for 2012 and Germany also but Unfortunately will be hit by EU debt crisis.
Argentina is doing pretty well despite the global financial crisis.
Real clear political leadership, of thekind Cristina provides and Syriza would in Greece...well, lets just say the IMF should be careful what it wishes for =)
Oct 15th, 2012 - 07:18 pm - Link - Report abuse 0Commenting for this story is now closed.
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