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Opening Bell: 04.23.12

IMF And World Bank Meetings End With Little Agreement (NYT) To be sure, the additional $430 billion in lending capacity contributed by developed economies like Japan, Britain, Saudi Arabia and South Korea was seen as a major achievement. The contributions came after I.M.F. economists determined that countries around the world might require up to $1 trillion in new loans because of the combined effects of the sovereign debt crisis in Europe and sluggish global economic growth.
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See more about: South Korea

South Korea's Kia to invest $1 billion in Mexico

News : Yahoo! News: The Upshot (3 hours ago)

MEXICO CITY (AP) — South Korea's Kia Motors Corp. said Wednesday it will invest more than $1 billion to build a car factory in northern Mexico that is expected to begin production in 2016. Read Post

Little League champs arrive back in South Korea

News : Yahoo! News: The Upshot (15 hours ago)

SEOUL, South Korea (AP) — The captain of the South Korean team that won the Little League World Series wants to keep winning baseball championships with his friends when they grow up. Read Post

Japan: not aware of IMF $600 billion euro zone aid plan, nor is South Korea and the Speculations Continue

News : The Coming Crisis (3 years ago)

A Japanese government official said on Thursday he had not heard of a reported $600 billion IMF lending facility to help the euro zone, although Japan would consider providing bilateral loans to the Fund if warranted by developments... Read Post


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