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  • April 19, 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 ...

    http://www.scmp.com/business/economy/article/1329251/imf-use-unexpected-profits-gold-sales-fund-loans-poorest-countries
  2. News - China - UKRAINE

    China backs IMF help for Ukraine, and hopes US approves reforms to expand fund

    Posted Apr 13th 2014, 06:00am by Reuters

    ... Reuters in Washington China backs IMF Kiev aid, stresses capacity boost China said yesterday it backed IMF financial support for Ukraine, but expressed concern about the global ... of the IMF-World Bank spring meetings in Washington it was a "worry" that more than 85 per cent of IMF lending was currently focused on Europe. Zhu highlighted the importance of reacting quickly ...

    http://www.scmp.com/news/china/article/1479551/china-backs-imf-help-ukraine-and-hopes-us-approves-reforms-expand-fund
  3. News - World - UKRAINE: ANALYSIS

    Political tensions will make it hard for Ukraine to meet terms of IMF bailout

    Posted Mar 28th 2014, 10:06pm by BLOOM

    ... Bloomberg in Kiev Unrest, such as nationalist protest this week, could make it hard for Ukraine to meet bailout terms; failure to reform has blocked help before IMF's Kiev aid ... Russia, are also meaningful." Yatsenyuk's cabinet on Thursday agreed on a preliminary deal with the IMF, which will supply as much as US$18 billion. In return, Ukraine must slash ...

    http://www.scmp.com/news/world/article/1459632/political-tensions-will-make-it-hard-ukraine-meet-terms-imf-bailout
  4. News - World - UKRAINE

    IMF pledges US$18b to bailout Ukraine as UN condemns Russia and Congress backs sanctions

    Posted Mar 28th 2014, 11:06am by Associated Press in Kiev

    ... decision to go forward with an IMF programme is going to require a lot of courage,” Obama said, speaking in Rome. “It will require some tough decisions.” In a passionate address to parliament ... come to tell the truth, to do difficult and unpopular things,” Yatsenyuk said, adding that Ukraine was short US$25.8 billion – “equivalent to the entire state budget for this year”. The IMF ...

    http://www.scmp.com/news/world/article/1459080/imf-pledges-us18b-bailout-ukraine-un-condemns-russia-and-congress-backs
  5. News - World - UKRAINE

    Pressure mounts on IMF to deliver Ukraine rescue programme

    Posted Mar 04th 2014, 11:49am by Agence France-Presse in Washington

    ... its own credibility in doing so. A team of IMF experts landed in Ukraine on Monday to launch discussions with the authorities, dissecting the economy’s problems and shaping an aid plan, even as the new government struggles with the threat of Russia in Crimea and says it needs “at least” US$15 billion. An IMF loan does not appear to be imminent, but the expectation is heavy. On Sunday, ...

    http://www.scmp.com/news/world/article/1439984/pressure-mounts-imf-deliver-ukraine-rescue-programme
  6. News - World

    Ukraine PM cancels appearance at Hague summit for IMF talks

    Posted Mar 23rd 2014, 08:56pm by AFP

    ... Agence France-Presse Ukraine’s interim premier Arseniy Yatsenyuk said on Sunday he has cancelled plans to attend a major summit in the Netherlands next week to hold talks with an IMF delegation in Kiev. “I have cancelled my trip to The Hague (to)... continue negotiations to complete a programme with the IMF,” Yatsenyuk told a cabinet meeting a day after opening talks ...

    http://www.scmp.com/news/world/article/1455663/ukraine-pm-cancels-appearance-hague-summit-imf-talks
  7. 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. ...

    http://www.scmp.com/news/world/article/1291575/lawyer-ex-imf-chief-dominique-strauss-kahn-be-tried-aggravated-pimping
  8. 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. ...

    http://www.scmp.com/news/world/article/1275502/officials-pakistan-imf-reach-initial-agreement-53-billion-bailout
  9. News - World - UKRAINE

    US offers funding for Ukraine alongside IMF rescue programme

    Posted Feb 25th 2014, 11:18am by Reuters in Washington

    ... The United States said on Monday it was ready to provide financial assistance to Ukraine to complement a loan programme from the International Monetary Fund (IMF) in the aftermath of the ouster ... of cash as it charts a new future, US officials said Washington would be willing to provide some assistance in addition to an IMF programme which could go into effect after a new government is set ...

    http://www.scmp.com/news/world/article/1434755/us-offers-funding-ukraine-alongside-imf-rescue-programme
  10. Business - Economy - HONG KONG

    Spread the wealth, IMF chief Christine Lagarde urges Hong Kong

    Posted Feb 23rd 2014, 06:09am by Peter Wilson

    ... Peter Wilson Spread the wealth, IMF chief urges Hong Kong IMF chief Christine Lagarde has urged the Hong Kong government to share the benefits of its economic growth with more of its ... growth … is an area that has to be explored, developed and endorsed by as many as possible." While the IMF's sister organisation, the World Bank, has traditionally had responsibility ...

    http://www.scmp.com/business/economy/article/1433553/spread-wealth-imf-chief-christine-lagarde-urges-hong-kong

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