Tag: IMF

• 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.

• Saturday, July 16th 2011 - 06:58 UTC

  Eight out of 90 banks in Europe fail stress-test, five of them from Spain

  

  Eight banks have failed Europe's bank stress test designed to assess whether they can weather another economic crisis while 16 banks barely passed, bank regulators said on Friday.

• Friday, July 15th 2011 - 05:54 UTC

  Italian parliament does its homework and approves sweeping austerity budget

  

  Italy's upper house of parliament has agreed to a sweeping austerity budget in a move intended to allay concerns over a possible bailout. Meanwhile, Greece must come to terms with another ratings downgrade.

• Thursday, July 14th 2011 - 22:53 UTC

  Global economic prospects fragile and downside risks higher, says IMF

  

  The International Monetary Fund called on emerging G-20 economies for a rapid macroeconomic policy tightening and demand rebalancing, while “pragmatic use of macro-prudential tools may be needed to manage large capital inflows”.

• Thursday, July 14th 2011 - 07:11 UTC

  Private sector involvement fundamental for Greek bailout, says IMF

  

  The IMF said private sector involvement was fundamental to a Greek bailout and urged Athens to move faster on fiscal and structural reforms to avoid debt default.

• Friday, July 8th 2011 - 02:48 UTC

  Argentine economy, “a frying pan with boiling oil” says IMF top official

  

  The head of the IMF Western Hemisphere Department Nicolas Eyzaguirre described the Argentine economy as “a frying pan with boiling oil”, in direct reference to a possible overheating as was recently warned by The Economist.

• Thursday, July 7th 2011 - 07:04 UTC

  Debate on the vulnerabilities that could condition the Brazilian economy mid term

  

  The good performance of the Brazilian economy and its management of the 2008 world financial crisis have been headlines across the world, but there are also some warning signals form analysts regarding the possibility of asset bubbles and their consequences.

• Wednesday, July 6th 2011 - 22:27 UTC

  New IMF chief promises emerging markets a greater sway

  

  New IMF Managing Director Christine Lagarde pledged to push ahead with reforms to give fast-growing emerging markets greater sway at the global lender and said the world economy was on the rebound.