Tag: IMF

• Monday, March 5th 2012 - 05:50 UTC

  Uruguayan economy forecasted to expand 4% to 4.5%; inflation main challenge

  

  Uruguay's economy is poised to expand 4% to 4.5% this year, a moderate slowdown from the growth of just over 6% seen in 2011, the president of the central bank Mario Bergara told reporters during an IMF conference held in Punta del Este.

• Thursday, February 16th 2012 - 07:16 UTC

  Brazil wants open selection process when Zoellick leaves World Bank presidency

  

  Brazil urged the World Bank on Wednesday to give proper consideration to developing country candidates to replace outgoing president Robert Zoellick and not just go with an American.

• Tuesday, February 7th 2012 - 06:09 UTC

  China growth could drop by half in 2012 because of the Euro crisis warns IMF

  

  Economic growth in China could drop by half this year in the event of a sharp recession in Europe, the IMF predicted on Monday in a report that underscored the importance of global trade to the world's second largest economy.

• Friday, February 3rd 2012 - 23:19 UTC

  IMF calls on emerging countries to contribute to increase its war-chest

  

  International Monetary Fund should proceed with talks on increasing the size of its war-chest at the same time as Europe discusses how to build a firewall to contain its debt crisis, a senior official from the fund said on Friday.

• Friday, February 3rd 2012 - 19:00 UTC

  China has neither the ability or the intention to ‘buy Europe’ says Wen Jibao

  

  China's Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to “buy Europe”, amid concerns over growing Chinese investment in debt-stricken Euro zone economies.

• Thursday, February 2nd 2012 - 05:15 UTC

  IMF warn Argentina on ‘lack of progress’ in addressing inflation data

  

  The International Monetary Fund (IMF) warned Argentina about its “lack of progress” in addressing inflation data and called on the country to implement “specific measures” within the next six months to improve it.

• Wednesday, January 25th 2012 - 07:54 UTC

  IMF forecasts 2012 slower growth in Latam, but above the world average

  

  Latin American growth this year should stay under the 4% estimated previously at 3.6% since the region is susceptible to the slowing down of the world’s economy and increasing risks of the financial crisis on the Euro zone, according to the IMF World Economic Outlook released Tuesday.

• Wednesday, January 25th 2012 - 04:06 UTC

  IMF warns Euro zone crisis is dragging down the world economy

  

  The Euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.

• Monday, January 23rd 2012 - 23:36 UTC

  IMF and Germany can’t agree on road map for Euro zone rescue

  

  IMF chief Christine Lagarde urged on Monday European governments to increase their financial firewall to prevent Greece’s troubles from ensnaring bigger countries like Italy and Spain.

• Wednesday, January 18th 2012 - 23:38 UTC

  IMF anticipating major storms wants to boost war chest by 600 billion dollars

  

  The International Monetary Fund is seeking to boost its war chest by 600 billion dollars to help countries reeling from the Euro zone debt crisis, but some nations insist Europe must first do more to support its ailing members, international financial sources said on Wednesday.