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  • November 1, 2014
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  1. Business - Economy

    IMF to use unexpected profits from gold sales to fund loans to poorest countries

    Posted Oct 11th 2013, 11:00am by AFP

    ... countries,” IMF managing director Christine Lagarde said. Calling it “the good news of this week”, Lagarde, speaking at a news conference as IMF and World Bank annual meetings got under way in Washington, noted it had been the fund’s goal for years to put its Poverty Reduction and Growth Trust on a sustainable basis. The IMF said 151 of its 188 member countries had pledged more than 90 per ...

  2. Business - Economy

    IMF launches broad review on sovereign debt restructurings

    Posted May 24th 2013, 01:29pm by Reuters

    ... creditors should regularly be required to bear some of the load. The proposal is part of a major review the IMF has launched of its policies relating to sovereign debt restructurings ... was the largest ever. In a paper that was discussed by the IMF’s executive board on Monday, staff recommended the fund consider making a creditor bail-in a condition for IMF lending to a troubled country. ...

  3. Business - Economy

    IMF, World Bank officials to warn that global economic recovery still at risk

    Posted Oct 06th 2014, 04:10am by Reuters

    ... that could dent global growth and confidence," said a draft of a communique prepared for release after a meeting by the joint IMF-World Bank development committee. "The path to economic ... the World Bank and IMF for North Africa and the Middle East. ...

  4. Business - Economy

    IMF upbeat on China growth

    Posted Sep 24th 2014, 03:20pm by Reuters

    ... in the world’s second-largest economy. Economic growth in China will likely be "well above" 7 per cent next year, Changyong Rhee, director of the Asia and Pacific department at the IMF, told a briefing in Manila. His remarks suggested the global lender will upgrade its growth forecast for the country next month from the current 7.1 per cent estimate it made in July. The IMF has a 7.4 per ...

  5. News - World

    Lawyer: ex-IMF chief Dominique Strauss-Kahn to be tried on aggravated pimping charges

    Posted Jul 26th 2013, 10:27pm by AP

    ... PARIS (AP) — Lawyer: ex-IMF chief Dominique Strauss-Kahn to be tried on aggravated pimping charges. ...

  6. News - World - FRANCE

    IMF chief Christine Lagarde placed under investigation in French fraud case

    Posted Aug 27th 2014, 06:23pm by Reuters

    ... Reuters in Paris Lagarde under formal investigation for negligence; IMF chief says she will appeal Lagarde charged over French graft case IMF chief Christine Lagarde has been put under ... for a fourth time under her existing status as a witness in the long-running saga, said she would contest the decision. Watch: IMF chief under investigation for negligence in graft case “I have asked ...

  7. News - World

    Officials: Pakistan, IMF reach initial agreement on $5.3 billion bailout

    Posted Jul 04th 2013, 09:38pm by AP

    ... ISLAMABAD (AP) — Officials: Pakistan, IMF reach initial agreement on $5.3 billion bailout. ...

  8. Business - Economy - ECONOMY

    Beijing's economic growth targets are too high, IMF says

    Posted Jul 31st 2014, 11:26am by Victoria Ruan

    ... IMF says The International Monetary Fund has urged Beijing to lower its growth target next year but forecasts China is likely to meet its annual target of "around 7.5 per cent" this year. The IMF, as well as Fitch Ratings, yesterday warned China about the risks of relying on credit and investment expansion to defend a targeted growth rate at the cost of creating prolonged ...

  9. 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 ...

  10. 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 ...




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