Tag: International Monetary Fund, IMF

• Tuesday, June 17th 2014 - 07:15 UTC

  Argentina will pay 92% of restructured bonds, hopefully 100% of debt, but will not accept extortions

  

  President Cristina Fernandez pledged on national television late Monday that Argentina will abide and honor its debts, the 92% of those who trusted in the country and hopefully the 100% of creditors, but will not accept 'extortions'.

• Tuesday, June 17th 2014 - 06:27 UTC

  IMF cuts US growth forecast and recommends 'continued policy support'

  

  The International Monetary Fund cut its growth forecast for the United States and said the economy would not reach full employment until the end of 2017, allowing the Federal Reserve to take its time before raising interest rates.

• Thursday, June 12th 2014 - 06:42 UTC

  IMF launches Global Housing Watch to keep track of markets across the world

  

  The International Monetary Fund (IMF) launched on Wednesday the Global Housing Watch, a webpage (www.imf.org/housing) dedicated to featuring its analysis on housing markets across the world. The page will provide a one-stop shop for the Fund’s Global House Price Index and other data on housing indicators.

• Saturday, June 7th 2014 - 04:48 UTC

  IMF welcomes Argentina's implementation of actions on CPI and GDP indexes

  

  The International Monetary Fund (FMI) welcomed on Friday “all the specified actions,” taken by Argentine President Cristina Fernández administration, to improve Consumer prices and Gross Domestic Product indexes under INDEC National Statistics Bureau orbit.

• Friday, June 6th 2014 - 08:49 UTC

  Countdown for Argentina's decisive litigation with hedge funds; IMF concern

  

  The International Monetary Fund expressed “concern” on Thursday over the outcome of Argentina's 'vulture funds' case. The US Supreme Court is scheduled to consider on June 12 whether to hear Argentina's appeal of rulings requiring it to pay the holdout bondholders back in full.

• Saturday, May 31st 2014 - 07:55 UTC

  The 'morality' of the Argentina/Paris Club deal is that it's 'a shared effort'

  

  Argentina's Economy minister Axel Kicillof gave details on Friday of the payment agreement reached with the Paris Club involving 9.7bn dollars of 2001 defaulted debt, which will open the doors to export credit agencies from the group's members and equally important signals a new attitude from the Cristina Fernandez administration.

• Tuesday, May 27th 2014 - 09:33 UTC

  IMF Lagarde calls on central banks to cooperate on policy moves

  

  As the United States Federal Reserve debates the timing of its first interest rate hike since 2006, International Monetary Fund (IMF) Managing Director Christine Lagarde is urging central banks to cooperate on policy moves.

• Friday, May 23rd 2014 - 10:17 UTC

  IMF to check Argentine new stats on inflation and GDP next month

  

  The International Monetary Fund board has already received a first analytical report on Argentina latest statistics and will address the issue in its next meeting scheduled for 6 June, according to IMF spokesperson Gerry Rice in Washington.

• Tuesday, May 13th 2014 - 18:51 UTC

  IMF warns Latin America about changing times and calls for fiscal prudence

  

  The International Monetary Fund (IMF) has suggested that Argentina could benefit from cutting public spending destined for subsidies on energy costs, stating that such policies are “very costly and distort economic activity.”

• Monday, May 5th 2014 - 06:24 UTC

  “Least difficult phase of economic growth is now over”, IMF top official tells Latam

  

  IMF Director for the Western Hemisphere Department Alejandro Werner has once again called on Latin America to embark upon economic reforms, claiming that the “least difficult” phase of economic growth is now over.