It looks like the International Monetary Fund has been jinxed. It’s fated. It’s doomed! The next managing director should start wearing garlic around their neck already or at least burn sage in their office to ward off evil spirits.Show More Summary
``The head of the International Monetary Fund arrived in the dock of a Paris courtroom today as she braced herself to be formally charged with embezzlement and fraud. Christine Lagarde's humiliation is not only a massive personal blow which could lead to her resignation, but one which will plunge the world's banking system into further ignominy.''
The International Monetary Fund is rethinking its role in how sovereign debt is managed in crises, concerned that recent developments in sovereign debt markets threaten the effectiveness of its bailout programs.
Christine Lagarde has made her mark as International Monetary Fund chief by taking a firm yet pragmatic stance. ||| Paris - Christine Lagarde has made her mark as International Monetary Fund chief by taking a firm yet pragmatic stance...Show More Summary
The head of the International Monetary Fund appeared in court today where she is expected to be formally charged in connection with a £270million fraud and embezzlement case.Christine Lagarde’s humiliation is not only a massive personal...Show More Summary
IMF chief Lagarde appears in court in French fraud probe over arbitration deal PARIS (AP) — International Monetary Fund chief Christine Lagarde is facing questions at a special Paris court Thursday over a controversial financial deal...Show More Summary
In its annual report the International Monetary Fund urgently advised the UK to increase its infrastructure budget to boost the economic recovery of the country, reported Financial Times. According to the statement George Osborne, Chancellor of the Exchequer will have to act quickly in terms to prevent further contraction in the UK’s economy. Show More Summary
(PARIS) — International Monetary Fund chief Christine Lagarde has appeared at a special Paris court to face questioning over a controversial arbitrage deal that she oversaw as French finance minister. The 2008 deal handed about 400 million...Show More Summary
Britain should stay focused on policies to foster economic growth and keep monetary policy loose, the International Monetary Fund (IMF) said in a report yesterday, as it acknowledged some improvement in the country’s economic and fiscal situation. Show More Summary
It's been a consequential day for the International Monetary Fund. First, the Fund released the concluding statement from its weeks-long review of the U.K. economy. Because the Fund's chief economist had previously criticized the government's austerity policies, the annual "surveillance" report was highly anticipated. Show More Summary
The International Monetary Fund called on Britain's government to do more to speed up slow economic recovery. ||| London - The International Monetary Fund called on Britain's government on Wednesday to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment. Show More Summary
The International Monetary Fund published its long-awaited Ofsted report on the UK economy this afternoon. As usual, the written assessment contains enough to keep everyone on all sides of the… Continue reading The post IMF verdict on the UK economy: the good, the bad, and the ugly appeared first on Spectator Blogs.
An Article IV consultation for a reserve-currency sovereign that might actually matter: Rachel Cooper: >Osborne braced for IMF verdict on UK economy: George Osborne is braced for the International Monetary Fund's verdict on Britain's economic prospects amid speculation it will urge him to change course. Show More Summary
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 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
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
Jaime Caruana, general manager of the Bank for International Settlements, warned in an unusually frank speech that, while the ultra-low interest rates and ultra-easy monetary policy adopted by advanced economy central banks might have been the right response to the crisis when it broke, they are looking increasingly dangerous the longer they last.
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
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.
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