It's not just America suffering from levels of economic inequality that threaten the very fabric of society. It's the whole world. So the rich need to pay the piper. That is the considered opinion of the International Monetary Fund, which is not a revolutionary organization. Read more...
WASHINGTON (Reuters) - The U.S. Senate is unlikely to vote until later this month at the earliest on a bill providing aid to Ukraine, congressional aides said on Thursday, as lawmakers debated whether International Monetary Fund reforms should be inclu...
Two recent reports from the International Monetary Fund – one just out today – make a compelling case that not only is inequality bad for economic growth, but redistributive policies might also actually be good for it. These reports are part of what Oxfam America’s Nick Galasso calls a new “evidence-based arsenal” of inequality research […]
Congress is hung up on including International Monetary Fund reforms in a Ukraine aid package while Russia announced Thursday new military operations massing forces on several spots along the Ukrainian border.
An effort by the Obama administration to attach additional funds for the International Monetary Fund o a Ukraine aid package is now slowing down the approval of the entire rescue package for Kiev's badly cash-strapped government. OnShow More Summary
WASHINGTON (Reuters) - The United States is hearing that its failure to approve previously negotiated reforms for the International Monetary Fund could cost Washington influence at the institution, Treasury Secretary Jack Lew said on Wednesday.
Guest blogger Frederik Vitting Hermann looks at the more widespread use of China’s currency around the globe. Conditions in the domestic market and the Chinese incremental reform style of monetary authorities make full internationalization within the next ten years implausible.
An International Monetary Fund mission in Ukraine is “progressing well”, the director of the IMF's European Department, said. ||| Kiev - An International Monetary Fund mission in Ukraine is “progressing well”, Reza Moghadam, the director of the IMF's European Department, said on Friday. Show More Summary
Economic growth in Nigeria will accelerate this year, driven by sectors outside its dominant energy industry, the International Monetary Fund said. ||| Abuja - Economic growth in Nigeria will accelerate this year, driven by sectors outside...Show More Summary
WASHINGTON/MOSCOW (Reuters) - Russian officials are pushing for the International Monetary Fund to move ahead with planned reforms without the United States, which could mean the loss of the U.S. veto over major decisions at the global lender, sources...
A senior Bank of England official on Wednesday appealed for the International Monetary Fund to be given a greater role in safeguarding the global economy and a bigger war chest to help countries in need.
John Cassidy highlights a study challenging the notion that addressing inequality slows growth: [T]hanks to three researchers at the International Monetary Fund, we’ve got some striking new findings that answer the second question, whether tackling inequality reduces growth, with a firm no. Show More Summary
Russian President Vladimir Putin said Russia intends to work with Western states using the International Monetary Fund as a potential source of economic aid to Ukraine. ||| Novo-Ogaryovo, Russia - Russian President Vladimir Putin said...Show More Summary
Ukraine hopes to receive international financial aid soon and is determined to fulfil all the conditions needed to secure support from the International Monetary Fund (IMF), Prime Minister Arseny Yatseniuk said. ||| Kiev - Ukraine hopes...Show More Summary
International Monetary Fund chief Christine Lagarde urged calm over Ukraine's economic situation as the country was seeking billions of dollars in financial aid. ||| Washington - International Monetary Fund chief Christine Lagarde urged calm over Ukraine's economic situation Friday as the country was seeking billions of dollars in financial aid. Show More Summary
New research from the International Monetary Fund undermines the biggest arguments against fighting inequality through public policy. The post Income Inequality Hurts Economic Growth, But Fixing It Doesn’t appeared first on ThinkProgress.
Currency traders are rejecting warnings from International Monetary Fund managing director Christine Lagarde that volatility will increase as the Federal Reserve pares its unprecedented stimulus programme. ||| Kevin Buckland and Masaki...Show More Summary
The International Monetary Fund came out Wednesday in support of the fight against income inequality, with Fund economists saying income redistribution efforts can strengthen economic growth. Plunging into a debate over the gap between...Show More Summary
Mitt Romney, take out your wallet. After decades of serving as the hard hand of global capitalism the International Monetary Fund has taken another step in a tone-softening campaign that has already seen it shift gears in favor of letting developing countries control flows of private capital (once an ideological no-no) and acknowledging that it has been too […]
``Given the International Monetary Fund's record as the West's official loan shark, would a Ukraine government be wise to turn there for a handout? Meanwhile, is everybody pretending that the Ukraine is not crisscrossed by a great web of natural gas pipelines? And is it not obvious that the gas flows in one direction: from Russia to Europe. Show More Summary