Tag: IMF

• Thursday, February 17th 2011 - 22:30 UTC

  IMF head scheduled to visit Uruguay and Brazil next March; skips Argentina

  

  IMF Managing Director is scheduled to visit Uruguay next month where he will meet President Jose Mujica and his economic team before flying to Brazil. Dominique Strauss-Khan will arrive in Uruguay from Panama and is not scheduled to visit Argentina, according to Uruguayan government sources.

• Wednesday, February 16th 2011 - 00:37 UTC

  French conservatives attack IMF Strauss-Khan who is eyeing Sarkozy’s post

  

  France's economy minister Tuesday urged IMF chief Dominique Strauss-Kahn to stay at the global lender, as French conservatives sought to impede his potential bid for the French presidency next year.

• Wednesday, February 16th 2011 - 00:30 UTC

  IMF calls for Yuan and SDRs to play greater role in global finance

  

  IMF chief Dominique Strauss-Kahn said the currencies of China and other emerging economies such as Brazil should play a greater role in global finance, as part of a bid to promote monetary stability

• Monday, February 14th 2011 - 23:47 UTC

  Roubini warns of “hard landing” if developing countries don’t control inflation

  

  Nouriel Roubini the New York University professor, who predicted the credit crisis, said China and other emerging markets risk a “hard landing” as they start raising interest rates to fight inflation.

• Monday, February 14th 2011 - 21:07 UTC

  Argentina hopes to reach an agreement with the Paris Club this month

  

  Argentina’s Economy Minister Amado Boudou heads to France this week to participate in the G20 ministers meeting and will take advantage of the trip to further advance tentative negotiations to resolve the defaulted debt Argentina has with the Paris Club.

• Saturday, February 12th 2011 - 08:08 UTC

  IMF calls for fiscal austerity in South America but admits “dilemmas”

  

  IMF warned inflation is threatening South America but also admitted countries had a dilemma since increasing interest rates could further worsen the appreciation of local currencies vis-à-vis the US dollar.

• Thursday, February 10th 2011 - 23:06 UTC

  Japan’s public debt and fiscal deficit “unsustainable” warns IMF

  

  The weight of Japan's public debt, the highest in the world, is unsustainable in the medium and long term warned this week Naoyuki Shinohara, Deputy Executive Director of the International Monetary Fund.

• Sunday, February 6th 2011 - 13:39 UTC

  IMF urges Uruguay to temper domestic demand and secure a “soft economic landing”

  

  The International Monetary Fund urged Uruguay to focus policies on securing “a soft economic landing” amid a surge in capital inflows to emerging economies and higher commodity prices.

• Wednesday, February 2nd 2011 - 00:22 UTC

  Lack of jobs, rising food and energy prices could lead to spark war within nations

  

  The world economy is beset by problems such as high unemployment and rising prices which could fuel trade protectionism and even lead to war within nations, the head of the International Monetary Fund warned.

• Monday, January 31st 2011 - 21:30 UTC

  FAO, IMF anticipate more civil unrest and protests because of soaring food prices

  

  North Africa and Middle East civil unrest can be expected to spread to several other countries if as anticipated the FAO Food Prices Index for January 2011 confirms the December 2010 tendency when the “basket” of food staples reached a new peak.