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Argentina plans to launch a new debt swap, which it hopes will end a long-running saga that started from a massive default eight years ago.
Latin America’s third-largest economy is trying to rebuild its reputation with international investors and...
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Protesters smashed shop and bank windows, attacked a police vehicle and hurled stones and fire bombs at police in a second day of protests Wednesday against the...
made popular Oct 7 2009
Thomas Friedman recently told us that the world is flat. He of course was referencing the technological advances that have brought the entire world to our fingertips...
made popular Mar 4 2009
The IMF is urging the international community not to let the current focus on the global financial crisis result in a decline in aid to the world’s most...
made popular Nov 29 2008
The International Monetary Fund has approved a $7.6 billion loan to Pakistan to help the South Asian country of 170 million people avoid an economic collapse.
The...
made popular Nov 26 2008
The truth is not a shortsightedness like that. Hungary’s Finance Minister János Veres is in China conducting negotiations about a two-piece project worth USD 200...
made popular Nov 1 2008
The International Monetary Fund (IMF) has asked Pakistan’s government to bring down its military spending by as much as one-third of the current military budget so as...
made popular Oct 28 2008
So what we now have is non-functional government in the face of a major crisis, because Congress includes a quorum of crazies and nobody trusts the White House an...
made popular Sep 30 2008
The International Monetary Fund (IMF) has raised its global economic forecast after the impact of a credit crunch was not as severe as had been first feared.
made popular Jul 19 2008
Takatoshi Kato, IMF deputy managing director, cautions about effects of climate change on especially the warmest areas of the globe. Uganda is one of the countries...
made popular Jun 29 2008
Rice prices have shot up 75 per cent in the past two months alone to reach historic highs. The cost of wheat has climbed by 120 per cent over the past year, more than...
made popular Apr 14 2008
The G7 group of most industrialised nations has approved a plan aimed at easing the continuing crisis in the global credit markets.
Including calls for more oversight...
made popular Apr 14 2008
Last spring the IMF said the world economy was under control; now it faces the reality of the crunch. Heather Stewart and Larry Elliott report from Washington on an...
made popular Apr 14 2008
Canada is in much better financial shape than its industrialized counterparts but more could be done to shore up Canada’s economy and protect Canadian investors, said...
made popular Apr 12 2008
The world is on course to halve extreme poverty by 2015, but Africa will fall far short of the UN’s Millennium Development Goals, the World Bank and International...
made popular Apr 12 2008
Alistair Darling is standing by his UK growth forecasts for 2008, despite signs that a crippling downturn could be around the corner for the global economy.
Even...
made popular Apr 9 2008
Tackling the credit crunch requires government intervention at a global level, the head of the International Monetary Fund (IMF) has said.
The need for public...
made popular Apr 8 2008
The intensifying credit crunch is so severe that lower interest rates alone will not be enough “to get out of the turmoil we are in”, Dominique Strauss-Kahn, the...
made popular Jan 28 2008
Dominique Strauss-Kahn, chief of International Monetary Fund, has suggested Indian government not to restrict the capital inflows too much because it could destabilize...
made popular Nov 3 2007
India’s Finance minister P Chidambaram has told the developed countries to concentrate on their own problems and invest time to think for the solutions of the...
made popular Oct 23 2007
The International Monetary Fund said that as long as the current monetary policy will be in place in the Indian economy, India’s growth pattern would be remained...
made popular Oct 16 2007
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Dominique Strauss-Kahn, chief of International Monetary Fund, has suggested Indian government not to restrict the capital inflows too much because it could destabilize...
made popular Nov 3 2007
The hullabaloo surrounding Paul Wolfowitz, President World Bank, accused of orchestrating out of the way $60,000 pay raise for his girlfriend has raised questions...
made popular Apr 24 2007
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