Tag: IMF

Saturday, September 10th 2011 - 06:22 UTC
IMF chief calls on economic leaders to act with “conviction and urgency”

Policymakers in advanced economies should use all available tools to boost growth, International Monetary Fund Managing Director Christine Lagarde said on Friday, calling for bold action to weather a “dangerous new phase” of recovery.
Sunday, September 4th 2011 - 23:48 UTC
IMF calls on Europe and the US to stimulate economic growth

IMF chief Christine Lagarde said in an interview released that Europe and the United States should consider stimulating economic growth, if the situation permits, to offset a crisis of confidence hitting the global economy.
Wednesday, August 31st 2011 - 00:47 UTC
Warm reception for Strauss-Kahn in his first return to the IMF

Former IMF chief Dominique Strauss-Kahn apologized Monday to the institution's staff in his first return visit since charges of sexual assault against him were dropped last week. He was greeted with warm applause.
Monday, August 29th 2011 - 03:30 UTC
“Macroeconomics policies must support growth” warns IMF chief Lagarde

The new head of the IMF urged global policymakers to pursue urgent coordinated action, including the mandatory recapitalization of European banks, or risk descent into renewed world recession.
Saturday, August 27th 2011 - 07:25 UTC
Ex IMF chief is given back passport and can travel a free man

Dominique Strauss-Kahn was given back his passport on Thursday, his legal team said, clearing the way for the former IMF head to travel abroad for the first time since his arrest three months ago on sex crime charges.
Thursday, August 11th 2011 - 23:17 UTC
Unasur planning an emergency fund to help contain capital flight attacks

The Unions of South American Nations, Unasur, finance officials are considering creating a 10 to 20 billion dollars emergency fund to assist nations that experience capital flight should the global economic crisis deepen, according to financial sources.
Thursday, August 4th 2011 - 22:18 UTC
Bank of England adopts ‘wait and see’ attitude amid world turbulence

The Bank of England left its main interest rate at a record low 0.50% on Thursday for the 29th month in a row amid weak economic growth in Britain and a debt crisis in the Euro-zone. The quantitative easing QE program was also left stand-by at £200 billion.
Thursday, July 28th 2011 - 20:23 UTC
Top IMF official joins White House as special assistant on international economic affairs

International Monetary Fund's external relations director Caroline Atkinson resigned Thursday after being appointed the as a White House special assistant to the president for international economic affairs.
Monday, July 25th 2011 - 20:53 UTC
IMF calls for ‘swift rise in US debt ceiling’ and warns of risks to world economy

The International Monetary Fund urged the United States to swiftly raise the debt ceiling to ward off risks of a credit downgrade that could damage the global economy.
Saturday, July 23rd 2011 - 01:53 UTC
Argentine president called IMF chief and had a half hour conversation

The IMF confirmed that Argentine president Cristina Fernandez de Kirchner phoned incoming Managing Director Christine Lagarde last week, a few hours before the Fund reiterated its objections to Argentina’s official statistical data.