The IMF relation with Argentina is like romance with its ups and downs, said IMF Managing Director Dominique Strauss-Khan who added he trusted that the IMF technical mission that will be visiting Argentina to help elaborate a new retail prices index would achieve “significant advances”.
The director of the London School of Economics has resigned over its links to Libyan leader Col Muammar Gaddafi. Sir Howard Davies said he recognised the university's reputation had suffered and he had to quit.
Citizens of oil producing nations must see more benefit from their country's national resources, billionaire investor said George Soros interviewed by the BBC. Revolts in Libya were partly the result of revulsion against a corruption fed by the misuse of oil money, he added.
Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.
China will reduce import tariffs on a range of products and further cut red tape involved in import application procedures, to “maintain balanced trade” according to statements from a senior official to a local newspaper.
Secretary of State Hillary Clinton said Wednesday that Al Jazeera is gaining more prominence in the US because it offers “real news”--something she said American media were falling far short of doing.
Football's governing body FIFA said Thursday that they had achieved a profit of 631 million US dollars over a four year period starting 2007. FIFA revenue during this period was 4.189 billion USD, while the expenses amounted to 3.558 billion USD, the organisation said in a statement.
The president of the European Central Bank has said that a rise in Euro zone interest rates was possible at its next policy meeting in April. Jean-Claude Trichet said the ECB was in a posture of strong vigilance against rising inflation.
Global food prices increased for the eighth consecutive month in February, with prices of all commodity groups monitored rising again, except for sugar, FAO said on Thursday. FAO expects a tightening of the global cereal supply and demand balance in 2010/11
Venezuelan President Hugo Chavez spoke with embattled strongman Moammar Gaddafi and discussed creating a multinational commission to mediate the unrest in Libya, according to an internet message posted Wednesday by a Venezuelan government official.