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  • July 29, 2014
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  1. 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 ...

    http://www.scmp.com/business/economy/article/1061183/greece-urged-cut-deeper-unlock-eu-imf-ecb-loans
  2. 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 ...

    http://www.scmp.com/news/china/article/1059563/china-economy-dodge-hard-landing-imf
  3. 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 ...

    http://www.scmp.com/business/economy/article/1061165/developed-world-easing-may-raise-heat-emerging-economies-lagarde
  4. News - World

    First MH17 victims identified as grieving relatives defy safety worries to visit crash site

    Posted Jul 27th 2014, 11:25am by AFP

    ... financial lifeline. The IMF previously forecast that Ukraine’s economy would contract by 6.5 percent this year. The other chief protagonist in the Ukraine conflict-- Russia-- is also widely expected ...

    http://www.scmp.com/news/world/article/1560356/first-mh17-victims-identified-grieving-relatives-defy-safety-worries
  5. Business - Economy

    Systemic risk answers sought as HKMA intervenes on currency

    Posted Jul 02nd 2014, 11:30am by NICK EDWARDS

    ... of the city’s financial system in response to a written question on the subject from legislator Ng Leung-sing. Ng’s question follows up on an International Monetary Fund (IMF) report in May which ... if authorities have carried out an assessment of risks highlighted by the IMF, what measures are in place to ensure the resilience of the financial system and whether any new policy actions to external ...

    http://www.scmp.com/business/economy/article/1544805/systemic-risk-answers-sought-hkma-intervenes-currency
  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 ...

    http://www.scmp.com/business/economy/article/1056824/greece-given-10-days-act-broken-promises
  7. Business - Economy

    Xi Jinping comfortable with lower growth rate for China's economy

    Posted Jul 26th 2014, 01:39am by Victoria Ruan and Chim Sau-wai

    ... the International Monetary Fund cut its estimate for mainland gross domestic product growth this year to 7.4 per cent from its April prediction of 7.6 per cent. The IMF said it expected the mainland's ...

    http://www.scmp.com/business/economy/article/1559392/xi-jinping-comfortable-lower-growth-rate-chinas-economy
  8. 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 ...

    http://www.scmp.com/business/economy/article/1076087/global-regulators-push-ahead-plans-curb-shadow-banks
  9. Business - Economy - US Debt Crisis

    IMF’s Lagarde hails end to US shutdown

    Posted Oct 17th 2013, 11:21am by AFP in Washington

    ... of the International Monetary Fund welcomed a last-ditch vote on Wednesday in the US Congress to end a government shutdown and raise the government’s debt ceiling. IMF Managing Director Christine Lagarde ... it will be essential to reduce uncertainty surrounding the conduct of fiscal policy by raising the debt limit in a more durable manner,” IMF Managing Director Christine Lagarde “Looking forward, ...

    http://www.scmp.com/business/economy/article/1333526/imfs-lagarde-hails-end-us-shutdown
  10. Business - Banking & Finance

    Lagarde hopes Europe will ’one day’ appreciate IMF

    Posted Jun 28th 2013, 02:19pm by AFP

    ... Agence France-Presse in Washington IMF chief Christine Lagarde hopes the new Greek government “will hold” and that “one day” the Fund’s work in Europe, currently the target of criticism, ... of the International Monetary Fund’s role in the region, where it is engaged in four state bailouts, to be understood. “It’s natural that the IMF is perceived during its intervention as negative, prescriptive ...

    http://www.scmp.com/business/banking-finance/article/1271002/lagarde-hopes-europe-will-one-day-appreciate-imf

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