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Trend Results : International Monetary Fund


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IMF Thinks U.S. Trying to Cut Deficits Too Quickly

The International Monetary Fund (IMF) says the U.S. is "getting carried away with [its] government austerity drive." Fox Business News reported that the IMF's fiscal affairs chief Carlo Cottarelli said, "We think this is just too much."...Show More Summary

Nigeria’s growth rate fails to ease poverty

Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday. ||| Bloomberg Abuja Nigeria’s poverty rate should be falling faster given its economic growth this decade, a senior official of the International Monetary Fund (IMF) said yesterday. Show More Summary

Top IMF economist headed for a hedge fund

The Financial Times today reports on a hedge fund's move to hire a top International Monetary Fund economist: Hedge fund billionaire Paul Tudor Jones has hired one of the International Monetary Fund’s most senior officials in a moveShow More Summary

IMF board OKs Cyprus loan, warns of risks

The International Monetary Fund's executive board approved a $1.3 billion, three-year loan to Cyprus on Wednesday, part of a larger international bailout to help the Mediterranean country avoid defaulting on its debt.But IMF Managing...Show More Summary

IMF Approves $1.3 Bln Cyprus Bailout

The International Monetary Fund said on Wednesday it had approved a bailout of 1 billion euros (over $1.3 billion) for Cyprus, with the first installment of $110.7 million already allocated to the country’s government.

IMF trims its growth outlook for sub-Sahara

The International Monetary Fund (IMF) trimmed its sub-Saharan growth outlook yesterday to 5.4 percent in 2013 and 5.7 percent in 2014 but said that economic activity was being supported by rising investment and booming extractive industries. Show More Summary

Turkey pays off its IMF tab

Hurriyet reports that Turkey is clearing its debts to the International Monetary Fund: All of the debt Turkey owes to the International Monetary Fund (IMF) will be paid tomorrow, as the debt, which rounded up to $23.5 billion, will be...Show More Summary

Central Banks Want to Hold Emerging-Market Currencies

Central banks want to add Chinese yuan and other emerging market currencies to their emergency cash stocks, according to a new International Monetary Fund survey, a change that could redefine the world's reserve currencies.

Egypt confident of IMF deal

Egypt's new planning minister said he was confident the country would reach a deal with the International Monetary Fund. ||| Istanbul - Egypt's new planning minister said on Saturday he was confident the country would reach a deal with...Show More Summary

Why Successful Hedge Fund Managers Can Make A Killing Without Understanding Economics

I’m a money manager with roots in policy economics. I worked at the US Treasury under both a Republican and a Democratic administration. I did a tour of duty at the International Monetary Fund as well. For most of the 90s, I was a sovereign debt specialist/negotiator—when emerging market debt crises were the center of the financial universe. Show More Summary

IMF Chief Criticizes 'Abrupt' U.S. Budget Cuts

Toby Sterling/AP By TOBY STERLIN AMSTERDAM -- International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight Tuesday, in an appearance in Amsterdam that was interrupted by student protestors. Lagarde said the U.S. Show More Summary

Egypt's Mursi brings more Islamists into cabinet

2 weeks agoNews : The Coming Crisis

Egyptian President Mohamed Mursi increased the influence of his Muslim Brotherhood over government in a reshuffle that replaced two ministers involved in crucial talks with the International Monetary Fund over a $4.8 billion loan.The...Show More Summary

IMF’s Lagarde urges all euro members to push for banking union

AMSTERDAM (Reuters) - For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday.

IMF: Greece making progress

Greece is “making progress” in overcoming “deep-seated problems”, the International Monetary Fund said. ||| Athens - Greece is “making progress” in overcoming “deep-seated problems”, the International Monetary Fund said on Monday, while adding that finding a way to get the economy growing again after years of recession was vital. Show More Summary

IMF approves $932m loan for Jamaica

The International Monetary Fund's executive board approved a $932 million loan program for Jamaica. ||| Washington - The International Monetary Fund's executive board approved a $932 million loan program Monday for Jamaica aimed at helping the government begin cutting its borrowings and spark economic growth. Show More Summary

Irish Banks Were Bailed Out To Make Bill Gates Whole

Back in 2010, Brad Reed wrote about the Irish bank bailout for C&L. In exchange for a loan of up to €90 billion from the European Union and the International Monetary Fund, Ireland will have to implement further austerity measures that involve raising taxes and cutting services. Show More Summary

Cyprus Parliament Approves Bailout

The agreement was passed in the 56-seat parliament as expected with 29 votes in favor and 27 against. Cyprus struck the 23 billion euro ($30 billion) deal with its euro partners and the International Monetary Fund last month.

More trouble for the IMF in Egypt

The International Monetary Fund's effort to negotiate a $4.8 billion loan with Egypt's government has hit new trouble on multiple fronts. First, Egypt's point person for the negotiations resigned, for reasons that remain unclear. Via...Show More Summary

Asia: Stronger Growth Ahead in 2013

Asia is gearing up for stronger growth in 2013, with the latest forecasts from international financial institutions and even noodle sales adding to the upbeat trend. According to the International Monetary Fund, the region will leadShow More Summary

As It Gets Its Latest European Lifeline, Life In Greece Is About To Get Even Harder

A few hours ago, Greek lawmakers approved a reform law to unlock about €8.8 billion of rescue loans from the European Union and the International Monetary Fund. The law, which was a condition for further aid installments, passed easily with the solid backing of the three parties comprising Greece's ruling coalition, by 168 to 123 votes. Show More Summary

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