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Venezuela reportedly near "total collapse"

yesterdayHumor / odd : TYWKIWDBI

As reported in the Miami Herald:A recent International Monetary Fund report that Venezuela will reach a 720 percent inflation rate this year — the highest in the world — has drawn a lot of media attention, but what I heard from a senior IMF economist this week was even more dramatic.Robert K. Show More Summary

Ecuador says in talks with IMF over quake reconstruction funds

QUITO (Reuters) - Ecuador is negotiating credit lines to finance reconstruction after this month's devastating earthquake with multilateral agencies that include the International Monetary Fund, a government official said on Thursda...

Ecuador Asks for IMF Credit Line to Deal With Aftermath of Major Quake

Ecuador has asked the International Monetary Fund (IMF) for a credit line in the wake of a devastating 7.8-magnitude earthquake, Finance Minister Fausto Herrera confirmed.

These Charts Show How China's Economy Is Changing Amid Labor Unrest

China's rapid modernization is leveling off after decades of high growth. And the whole world is feeling it. The International Monetary Fund recently warned of the "chilling effect" on the global economy that is a result of China's transition...Show More Summary

Without Careful Design China Measures to Tackle Debt Can Worsen Problem

The Chinese authorities should cautiously come up with measures to tackle the nation’s debt issues, or otherwise they can worsen the existing situation, the International Monetary Fund said in a blog post.

Quick Takes

Coral Davenport notes an interesting development on climate change. The World Bank and International Monetary Fund are pressing governments to impose a price tag on planet-warming carbon dioxide emissions,...

IMF Counts on New Ukraine Gov’t to Continue Reforms

International Monetary Fund (IMF) First Deputy Managing Director David Lipton said that IMF could resume the discussion about the implementation of the Ukrainian IMF program with new government.

MF expects $500 Billion loss for Mideast oil exporters

Oil exporting countries in the Middle East lost a staggering $390 billion in revenue due to lower oil prices last year, and should brace for even deeper losses of more than $500 billion this year, the International Monetary Fund said Monday. The fund had projected in October that oil exporting countries in the region would […]

Oil Prices Slump Harshly Affects Main Exporters` Revenue

The losses of the oil exporting revenue for the main Middle Eastern oil-producing countries are about $400 billion due to due to the slump in oil prices, the International Monetary Fund (IMF) said on Monday.

IMF says it's encouraged by Gulf's economic reform plans

By Andrew Torchia DUBAI (Reuters) - The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters to repair damage to their state finances as low crude prices slash export revenues. Show More Summary

Mozambique admits to having extra $1 billion of undisclosed debt

last weekNews : NY Daily News

The International Monetary Fund said Mozambique admitted to the debt.

Eurozone mess can't be fixed; it can only be ‘muddled through'

If you're waiting for international policy makers to pull a rabbit out of the hat and solve the euro problem, stop holding your breath. After a generally a desultory meeting of the International Monetary Fund in Washington last week,...Show More Summary

IMF Chief Says No Need in 'Haircut' of Greek Debt

The International Monetary Fund (IMF) Managing Director Christine Lagarde said on Friday that there is no need in reduction of the nominal value of Greece's debt or so-called haircut.

Here’s why it’s so hard to pull Greece out of its economic crisis

In early April, a leaked conversation between International Monetary Fund staff and the angry back-and-forth that followed were reminders that the Greek economic crisis is still here — and has kept the country in misery for over seven years. Here are five things to understand about the Greek crisis. When the options are costly, leaders avoid […]

Government Officials Admit to ECONOMIC False Flag Operations

False flag attacks don’t just involve physical deaths and wars … They also involve faked economic events and financial casualties. For example, two officials of the International Monetary Fund said last month that they needed the threat...Show More Summary

Greece's Creditors Weigh Extra Austerity Measures to Break Deadlock

Greece's creditors are considering seeking extra austerity measures that would be triggered if Athens misses its fiscal targets, in a bid to bridge differences between Europe and the International Monetary Fund and break a deadlock threatening to unravel the Greek bailout... Show More Summary

Deputy PM: Kiev Wants to Receive $1.7-Billion Tranche From IMF 'ASAP'

Kiev hopes to conclude talks on reviewing the International Monetary Fund's memorandum to receive a tranche of $1.7 billion 'as soon as possible', Ukrainian Deputy Prime Minister Stepan Kubiv said Tuesday.

Saturday PS: Send for the Viscount

[I was unable for technical reasons to post on Saturday - this is what would have been on the site] OMINOUSLY for bankers, I would have thought, is this line from the International Monetary Fund’s latest report on global financial.....

Why Germany doesn’t like negative interest rates

The business models of German financial institutions depend critically on the presence of positive nominal interest rates. The International Monetary Fund noted in its latest Financial Stability Report that the pre-tax profits of German and Portuguese banks are most affected by negative rates. Show More Summary

Discord Grows Among the Parties Over Greek Debt Talks

Greece may be pushed to the edge of bankruptcy again if its government, Europe and the International Monetary Fund cannot reach a compromise on its debt.

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