Tag: IMF

• Friday, April 23rd 2010 - 01:26 UTC

  Latam growingly dependent on Chinese demand for commodities

  

  Latinamerican countries with a greater link to China such as Chile, Brazil and Peru are moving out of the crisis faster and stronger according to a World Bank report which underlines the increasing significance of the Asian giant for the region.

• Thursday, April 22nd 2010 - 02:57 UTC

  Latam and Caribbean recovering at a “robust pace” says IMF

  

  Latin America and the Caribbean have “weathered the global downturn comparatively well” and are now recovering at a “robust pace,” the International Monetary Fund (IMF) said Wednesday.

• Wednesday, April 21st 2010 - 16:13 UTC

  IMF warns about asset bubbles in developing powers in Latam and Asia

  

  The International Monetary Fund (IMF) has urged developing powers in Asia and Latin America to guard against the kinds of asset bubbles that caused wealthier economies to plunge into recession in the last two years.

• Wednesday, April 21st 2010 - 02:52 UTC

  Stronger Yuan “critical” for a more stable world economy claims Brazil

  

  A stronger Chinese currency is “critical” for the good of the global economy, Brazil's central bank chief Henrique Meirelles said on Tuesday, joining a chorus of critics of China's foreign exchange policy.

• Saturday, April 17th 2010 - 06:36 UTC

  As markets begin to normalize controversy over capital inflow controls resurfaces

  

  The International Monetary Fund has warned that an over reliance on capital controls could derail the current global recovery. Although admitting that it may be a good idea for one country to apply controls on capital inflow, as the levy imposed by Brazil, “it could encourage too many others in the region to follow suit”.