Tag: IMF

• Thursday, January 12th 2012 - 21:31 UTC

  Argentina and IMF moving closer, admit holding regular bilateral contact

  

  Speaking at a press conference from Washington DC on Thursday, IMF acting director of External Relations Gerry Rice said the organization’s directors “will meet in late January or early February to analyze the progress made in Argentina’s statistics”.

• Wednesday, January 4th 2012 - 18:15 UTC

  Top IMF economist warns of credit squeeze for Latam if Euro crisis worsens

  

  Latin American economies face a recession and a credit squeeze if Europe's debt crisis worsens, director of the IMF Western Hemisphere Department Nicolas Eyzaguirre said on Wednesday.

• Monday, December 26th 2011 - 21:08 UTC

  “Grand principles don’t impress” IMF chief reminds the Euro zone leaders

  

  The head of the International Monetary Fund said that the world economy was in danger and urged Europeans to speak with one voice on a debt crisis that has rattled the global financial system.

• Wednesday, December 21st 2011 - 00:52 UTC

  Britain skips contribution to the IMF for a Euro zone bailout fund

  

  Britain’s refusal to contribute to the IMF for a Euro zone bailout fund has left the EU short of its 200 billion Euro target. The UK boycott leaves the Euro zone more reliant than ever on major economies such China and on Russia, which are willing to lend more to the IMF.

• Tuesday, December 20th 2011 - 01:07 UTC

  IMF chief tells developing countries to prepare for three possible storms

  

  IMF Managing director Christine Lagarde urged on Monday developing countries to shore up their defences, especially foreign exchange reserves, against a possible European recession next year.

• Monday, December 12th 2011 - 04:33 UTC

  EU deal ‘is part of the solution, but not the solution’ says IMF chief economist

  

  The agreement reached by European countries for deeper economic integration was a step in the right direction but not a complete solution for the Euro zone's debt crisis, International Monetary Fund (IMF) chief economist Olivier Blanchard said.

• Friday, December 2nd 2011 - 19:41 UTC

  Brazil ready to support IMF but demands greater power for BRICS countries

  

  Brazil conditioned the disbursement of more funds for the IMF to help countries in crisis to a greater say in the multilateral organization and the advance of European initiatives to solve the current Euro and debt crisis.

• Friday, December 2nd 2011 - 00:08 UTC

  IMF denies Argentine court info on how to calculate inflation: “files are inviolable”

  

  The International Monetary Fund (IMF) avoided replying to an inquiry required by Argentine Judge Alejandro Catania, who handles the case of the lawsuit filed by the Domestic Trade Secretariat against private consulting agencies.

• Wednesday, November 30th 2011 - 06:00 UTC

  Euro zone ministers looking to the IMF to help boost rescue fund

  

  Euro zone ministers agreed on Tuesday to ramp up the firepower of their rescue fund but couldn't say by how much and raised the possibility of asking the IMF for more help after Italy's borrowing costs hit a Euro lifetime high of nearly 8%.

• Sunday, November 27th 2011 - 08:11 UTC

  IMF chief praises Latinamerica, which can provide ‘some lessons to the advanced world’

  

  IMF chief Christine Lagarde who this week will be visiting Latinamerica said that Brazil, Mexico and Peru, like to many other countries in the region have done remarkably well over the past few years and can provide some lessons to the advanced countries.