News from other websites on International Monetary Fund
Forex reserves falls $1.72 billion
May 24, 2013 at 20:22 | Source: The Hindu BusinessLine
Mumbai, May 24: India’s foreign exchange reserves dropped $1.72 billion to $291.96 billion in the week ended May 17. The country’s forex reserves were down because of a fall of $1.68 billion in foreign currency assets in the reporting we...
French court questions IMF Chief Lagarde for second day
May 24, 2013 at 14:01 | Source: The Hindu BusinessLine
Paris, May 24: International Monetary Fund (IMF) Chief Christine Lagarde arrived at a French court today for a second day of questioning over her role in a large payout to a businessman in 2008 when she was France’s Finance Minister. Lagarde a...
IMF chief Christine Lagarde grilled in Paris court over 2007 payout scandal
May 24, 2013 at 06:35 | Source: Economic Times
PARIS: IMF chief Christine Lagarde faces another day of questioning after being grilled for hours Thursday by French prosecutors who are deciding if she should be charged over a state payout to a disgraced tycoon during her time as finance minister....
IMF: UK 'long way from recovery'
May 24, 2013 at 03:22 | Source: BBC
The UK economy is still a long way from a strong and sustainable recovery , the International Monetary Fund (IMF) has warned. In its concluding statement on its mission to the UK, the IMF said austerity measures were acting as a drag on the economy. ...
UK first quarter growth unchanged
May 24, 2013 at 03:22 | Source: BBC
The UK's economy grew at 0.3% in the first three months of the year, official figures have confirmed. The figure from the Office for National Statistics is unchanged from the initial estimate it gave in April. It confirms the UK avoided falling ...
IMF head Lagarde in court over fraud probe
May 23, 2013 at 23:10 | Source: The Hindu BusinessLine
Paris, May 23: International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over her role in the 400 million euro ($520 million) pay-off to a controversial businessman when she was France’s finance ...
British economy returns to growth in first quarter
May 23, 2013 at 23:10 | Source: Economic Times
LONDON: Britain's economy expanded by 0.3 per cent in the first quarter of 2013, official data confirmed on Thursday, returning to growth and avoiding its third recession since the 2008 global financial crisis. Gross domestic product (GDP) grew in t...
IMF Chief grilled in Paris court over 2007 payout scandal
May 23, 2013 at 19:40 | Source: The Hindu BusinessLine
Paris, May 23: French prosecutors were grilling IMF Chief Christine Lagarde in a Paris court as they seek to determine whether she should be charged over a state payout to disgraced tycoon Bernard Tapie during her time as Finance Minister. Lagarde h...
IMF's Christine Lagarde to be quizzed in French arbitration case
May 22, 2013 at 19:06 | Source: Economic Times
PARIS: IMF chief Christine Lagarde will be questioned by a French magistrate on Thursday over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former president Nicolas Sarkozy. Lagarde risks being placed under...
Is this the best of times for Keynesian economics?
May 22, 2013 at 16:11 | Source: Economic Times
To go by the statements of most mainstream economists, one would be forgiven for believing this is the best of times for Keynesian economics. Fans of John Maynard Keynes, the renowned early 20th-century economist who developed the theory on how natio...
Apple exploited three Irish subsidiaries to legally avoid taxes
May 22, 2013 at 14:25 | Source: Economic Times
DUBLIN : The secrets of how Apple avoided billions of dollars taxes lie in a low-slung building of glass and brick in the hills of County Cork. There, in the Hollyhill Industrial Estate and elsewhere in Ireland, Apple employs a mere 4 percent of its ...
Li in Pakistan: China talks sweet, but doesnt want to be sugar daddy
May 22, 2013 at 13:56 | Source: FirstPost
It was stronger than the strongest Baijiu and headier than the finest Peshawar weed, whatever it was that they'd had that fine day in December, 2010, when Pakistans legislators gathered to celebrate their friendship with China. "Taller than moun...
U.S. tax official at center of scandal won't testify - lawyer
May 22, 2013 at 04:30 | Source: FirstPost
WASHINGTON (Reuters) - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressio...
Pak's PML-N govt will work to ensure peace with India, says Sharif's aide
May 20, 2013 at 14:24 | Source: FirstPost
Islamabad: Pakistan's incoming PML-N government will play its part to lower tensions with India and to normalise relations between the two countries, says a top aide of Prime Minister-designate Nawaz Sharif.Sartaj Aziz, widely expected to be appointe...
Too big to fail is now bigger than ever: Andy Xie
May 20, 2013 at 11:57 | Source: Market Watch
BEIJING (Caixin Online) — The G-7 summit brought up too-big-to-fail (TBTF) financial institutions as a systemic risk to be addressed. The odds are low that any real reform will materialize. Removing this flaw could trigger a big global downturn. N...
Greece to sell Postbank, Proton in July, stress-test big banks
May 19, 2013 at 19:00 | Source: Economic Times
ATHENS: Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection review. ...
10 countries where people fear for their safety
May 19, 2013 at 17:52 | Source: Market Watch
Last year, more than two-thirds of all people surveyed said they felt safe walking alone at night, according to a Gallup poll conducted in 134 countries. But in 31 countries, less than half the population felt this way. Internal conflict and repress...
Forex reserves fall by $616 million
May 18, 2013 at 00:17 | Source: The Hindu BusinessLine
Mumbai, May 17: India’s foreign exchange reserves fell by $616.4 million to $293.69 billion in the week ended May 10. The country’s foreign exchange reserves were pulled down by a drop in foreign currency assets, which were down $568.1 m...
Cypriot Bailout Program Faces 'Unusually High' Risks, IMF Says
May 17, 2013 at 20:00 | Source: Bloomberg
Cyprus may need additional financing if its economy contracts more than expected or there are slippages in implementing the terms of its bailout program with the euro area and International Monetary Fund, IMF staff said. The impact of Cyprus'...
IMF approves �1-bn loan for Cyprus
May 17, 2013 at 19:02 | Source: DomainB
The International Monetary Fund (IMF) has approved a �1-billion (SDR 891 million) loan package to debt-laden eurozone nation Cyprus as part of the much larger bailout agreed by the European Union and the IMF earlier in March. The three-year loan h...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
