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  1. News - World - POVERTY

    World Bank and IMF join forces to eradicate extreme poverty by 2030

    Posted Apr 22nd 2013, 12:00am by AFP

    ... where we are making progress and where we are not." Calling the initiative a "historic opportunity" to make a difference, the Development Committee, representing the IMF ... But it's not a given and we cannot do it alone. It requires focus, innovation and commitments from everyone," he said. Kim had made adoption of the poverty agenda his top priority for the IMF ...

  2. 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 ...

  3. Business - Economy - WORLD ECONOMY

    IMF warns of growing global recession risk

    Posted Oct 09th 2012, 10:22am by Associated Press in Tokyo

    ... is spreading to more dynamic emerging economies such as China. The IMF forecasts that the world economy will expand 3.3 per cent this year, down from the estimate of 3.5 per cent growth it issued ... Conditions could worsen if the United States doesn’t deal with its budget crisis soon, the IMF said. “Downside risks have increased and are considerable,” the fund said. It said its forecasts ...

  4. Business - Economy - ECONOMY

    IMF calls for action as euro zone crisis festers

    Posted Oct 11th 2012, 11:26am by Reuters in Tokyo

    ... Reuters in Tokyo The IMF prodded the world’s rich countries for swifter action on Thursday as Europe’s debt crisis drags on while the United States and Japan show scant progress handling ... economies. The IMF cut its global growth forecast this week for the second time since April. “We expect action and we expect courageous and co-operative action on the part of our members,” Lagarde ...

  5. News - Asia - JAPAN

    Japan hosts IMF summit 50 years after economic miracle

    Posted Oct 09th 2012, 11:31am by Agence France-Presse in Tokyo

    ... it the envy of the world. But now, as it gets set to host the IMF and World Bank’s annual meetings this week, Japan is struggling with huge economic and demographic challenges that have chipped away ... to 2015,” said Takashi Shiono, an economist at Credit Suisse in Tokyo. It is a far cry from 1964 when Japan last hosted the IMF’s yearly summit, a year when it also held the Olympic Games ...


    China banks to skip World Bank, IMF talks in Japan

    Posted Oct 09th 2012, 10:42am by Agence France-Presse in Beijing

    ... to drag on, IMF chief Christine Lagarde said in an interview published last week. Japan’s top three carmarkers Toyota, Honda and Nissan plan to scale back production in China – the world’s biggest ...

  7. Business - Economy - ECONOMY

    IMF sounds alarm on risk of global growth slowdown

    Posted Oct 10th 2012, 12:00am by Bloomberg

    ... Bloomberg in Washington Lender winds back forecasts and cautions Europe and US to confront economic threats IMF sounds alarm on risk of global growth slowdown The International Monetary ... this year, the slowest since the 2009 recession, and 3.6 per cent next year, the IMF said yesterday, compared with July predictions of 3.5 per cent this year and 3.9 per cent in 2013. The IMF now ...

  8. Business - Economy

    IMF changes policy on troubled economies

    Posted Oct 17th 2012, 12:00am by Kevin Rafferty

    ... Kevin Rafferty In a dramatic policy change, the fund now says austerity may not be the best medicine for sick economies, but some in Europe do not agree IMF backflip It is hard ... The IMF's almost Damascene conversion from severe austerity to a more balanced approach stressing the importance of growth in building up economic strength was one of the main talking points ...

  9. Business - Banking & Finance

    IMF and World Bank leaders lack imagination

    Posted Oct 10th 2012, 12:00am by Kevin Rafferty

    ... Kevin Rafferty The IMF and World Bank are meeting in Tokyo but there appears little chance of a bright idea arising that will revive an ailing global economy imagination? Memo ... from crisis to crisis. If the world's financial leaders had any sense they would have convened the IMF/World Bank annual meetings and immediately adjourned them until next year when ...

  10. News - Asia - MYANMAR

    Japan vows to resume loans to Myanmar, calls for more support

    Posted Oct 11th 2012, 05:25pm by Agence France-Presse in Tokyo

    ... on the sidelines of the IMF and World Bank’s annual meetings in Tokyo. Reports last month said lenders would pledge US$1.0 billion for Myanmar to help pay its debts as the former military state ...




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