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  • November 28, 2014
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  1. News - World - ROMANIA

    Romania votes in poll that may renew political spat

    Posted Dec 09th 2012, 06:03pm by Reuters in Bucharest

    ... Reuters in Bucharest Romania’s prime minister was headed for victory in parliamentary elections on Sunday that could set off another round of a power struggle with the rightist president and complicate talks for a new IMF deal. Victor Ponta’s leftist Social Liberal Union (USL) will win the most votes and possibly a clear majority, opinion polls showed. But analysts said President Traian ...

  2. Business - Economy - IRISH ECONOMY

    IMF tells Ireland to set out its medium term cost-cutting plans

    Posted Sep 06th 2012, 09:22am

    ... management has continued in 2012 yet significant further consolidation is necessary,” IMF First Deputy Managing Director David Lipton said in a statement, referring to the continued austerity drive ... showing that tax returns, although weaker than expected in August, remained resilient. This means Dublin will likely meet the terms of the EU/IMF bailout this year despite the overrun ...

  3. Business - Economy - EURO-ZONE CRISIS

    Greece 'urged to cut deeper' to unlock EU-IMF-ECB loans

    Posted Oct 15th 2012, 12:00am by AFP

    ... by parliament "in a matter of days" after a European summit on Thursday that will discuss Greece's economic situation. He added that by Thursday his government and a mission of EU-IMF ... billion, they say €9.2 billion. We have to converge," a finance ministry source said after talks with the auditor mission on Saturday. The EU-IMF auditors say a greater-than-foreseen recession ...

  4. News - 18th Party Congress

    China economy to dodge hard landing: IMF

    Posted Oct 12th 2012, 03:58pm by Agence France-Presse in Tokyo

    ... director of the IMF’s Asia and Pacific department, told a Tokyo press briefing that China was not on the road to economic ruin, describing the possibility of a hard landing as “remote”. “China is not having a hard landing. The numbers are clearly recognising that China will grow this year,” he said at the IMF and World Bank’s annual meetings in the Japanese capital. China has suffered ...

  5. Business - Economy - IMF MEETING

    Developed world easing may raise heat in emerging economies: Lagarde

    Posted Oct 15th 2012, 12:00am by AFP, Bloomberg

    ... Agencies in Tokyo IMF chief says monetary policy in developed world raises risks of asset bubbles elsewhere Easing may raise heat in emerging world: Lagarde Monetary easing ... the problem. "Emerging markets can't passively endure large and volatile capital flows and currency fluctuations caused by rich countries' polices," he said at the IMF and World ...

  6. Business - Economy - EURO ZONE CRISIS

    Greece given 10 days to act on broken promises

    Posted Oct 09th 2012, 10:00am by AFP

    ... the ministerial focus switched away again from Spain despite the IMF announcing an inspection trip to monitor “financial sector reforms.” Months of uncertainty about a bailout request from Madrid had ... and a whole set of reforms to labour markets or bureaucratic red-tape. Juncker said that after being debriefed by the troika of international lenders-- the European Commission, IMF and European ...

  7. Business - Economy

    Global regulators push ahead with plans to curb ‘shadow banks’

    Posted Nov 06th 2012, 12:19pm

    ... Reuters in Mexico City and London International watchdogs, working to tighten-up global regulation after the financial crisis, are moving ahead with plans to extend their reach to “shadow banks” such as money-market funds that handle trillions of dollars ...

  8. Comment - Insight & Opinion

    Economic reality should trump politics

    Posted Oct 12th 2012, 12:00am by Alex Lo

    ... in the IMF commensurate with its economic clout. By snubbing the meeting, it has weakened its own argument. If Zhou had attended, he might have upset a few mainland nationalists. But it would have ...

  9. Chinese economist lands key IMF secretary post

    Posted Mar 09th 2012, 12:00am

    ... Cary Huang in Beijing cary.huang@scmp.com International Monetary Fund managing director Christine Lagarde has named Chinese economist Jianhai Lin as the fund's secretary. The IMF ... will succeed India's Siddharth Tiwari, who was recently appointed director of the IMF's strategy, policy and review department. Analysts said Lin's nomination was the latest sign ...

  10. Business - Economy

    George Soros gives thoughts on the euro's future

    Posted Oct 03rd 2012, 12:00am by Kevin Rafferty

    ... of the troika (the executive committee of the European Union, the ECB and the IMF). You can feel the whiff of austerity just mentioning the troika. Austerity on its own is not only not working, ...




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