Tag: IMF

• Wednesday, November 10th 2010 - 05:28 UTC

  China resists becoming the locomotive for the world economy, says IMF

  

  China is resisting pressure to become a locomotive to pull the floundering US economy out of its hole, notably by stubbornly pegging its Yuan to the dollar, a senior IMF official said on Tuesday.

• Tuesday, November 9th 2010 - 12:43 UTC

  Gold soars to new record; up 7% in the last week, 29% in 2010

  

  The price of gold has hit another record high as investors worry about inflation and Europe's budget troubles. Tuesday morning it was trading at $1,421 an ounce.

• Tuesday, November 9th 2010 - 01:47 UTC

  IMF warns about possible “full blown sovereign debt crisis” in rich nations

  

  Risks are still high that developed nations will face difficulties in rolling over their debt and possibly trigger a crisis the International Monetary Fund said in its “Fiscal Monitor” report released this month.

• Sunday, October 24th 2010 - 02:15 UTC

  Asia leading global recovery but it’s time to tighten monetary policy, says IMF

  

  After leading the global recovery for a second year, Asia’s economic outlook remains positive but, in its latest report on the state of the region’s economy, the IMF cautions that inflationary pressures are emerging.

• Sunday, October 24th 2010 - 02:00 UTC

  G20 agrees review of IMF: Europe looses influence to developing countries

  

  The Group of 20 (G20) nations reached in Korea a dramatic deal on Saturday as China, the United States agree to avoid “currency war” and to refrain from having too much trade surplus or deficit.

• Wednesday, October 20th 2010 - 03:14 UTC

  Strong recovery in Latin America but eye on overheating warns IMF

  

  With many Latin American and Caribbean economies recovering faster than anticipated, the challenge for policymakers is ensuring a moderation in domestic demand to avoid overheating, the IMF said.

• Wednesday, October 20th 2010 - 00:52 UTC

  IMF: imperative for Latinamerica to cut growth of public spending

  

  The International Monetary Fund once again warned Latin American nations with fast growing economies of the risk of “overheating” due to strong domestic demand, which would cause “inflation and widening of current account deficits.”

• Monday, October 18th 2010 - 21:44 UTC

  IMF chief warns about ‘capital flooding’ and ‘destabilization’

  

  Capital flooding into Asia could lead to excessive exchange-rate moves, asset bubbles and financial instability, Domnique Strauss-Khan, the head of the International Monetary Fund, said in Shanghai Monday.

• Tuesday, October 12th 2010 - 07:00 UTC

  Brazilian economy larger than Italy’s next year, according to IMF estimates

  

  Brazil's economy will likely be larger than that of Italy next year, according to the latest data from the International Monetary Fund (IMF).

• Saturday, October 9th 2010 - 00:21 UTC

  Argentina claims IMF wants rich world’s “stagnation” exported to developing countries

  

  “The IMF wants to make us believe that the policies which caused the crisis are now going to be part of the solution”, said Argentina’s Central bank president Mercedes Marcó del Pont following the opening of the IMF/World Bank annual assembly.