-
By Marlene Y. Satter, AdvisorOne |
April 20, 2012
The dominant emerging economies have pledged billions to the IMF. However, those countries, and others, are growing restive at the long dominance of Europe and the U.S.
-
By John Sullivan, AdvisorOne |
April 19, 2012
IMF managing director said that she expects more contributions on top of the $320 billion raised
-
By Marlene Y. Satter, AdvisorOne |
April 17, 2012
The pledge boosts overall commitments to about $310 billion, with about $200 billion coming from euro zone countries and another $50 billion from other E.U. countries.
-
By Marlene Y. Satter, AdvisorOne |
February 21, 2012
Nigerian Finance Minister Ngozi Okonjo-Iweala praised the current World Bank leader, but said it was time to give someone from the developing world a chance.
-
By Marlene Y. Satter, AdvisorOne |
January 27, 2012
No one it seems can escape the pressure to accept less in the negotiations to save the Greece economy.
-
By Marlene Y. Satter, AdvisorOne |
January 26, 2012
Talks to resolve the Greek debt crisis were to continue on Thursday, amid ongoing disagreements among private creditors, the European Central Bank and other parties about which degree of losses might be considered acceptable and who might have to be included in those losses.
-
By Marlene Y. Satter, AdvisorOne |
January 20, 2012
Ahead of the meeting of policymakers in Davos next week, Christine Lagarde, managing director of the International Monetary Fund joined with members of the Global Issues Group of the World Economic Forum to warn against policies that aim only for cuts and jeopardize chances for economic growth.
-
By Marlene Y. Satter, AdvisorOne |
January 18, 2012
The International Monetary Fund intends to boost its lending capacity from the current level of $385 billon by asking members to contribute more funds, up to $600 billion, as it seeks to forestall the spread of the European debt crisis.
-
By Marlene Y. Satter, AdvisorOne |
December 26, 2011
Christine Lagarde, head of the International Monetary Fund, said Sunday that the world economy was in peril and that Europeans should speak as one on the debt crisis, in the wake of a summit agreement that she found wanting in specifics.
-
By Marlene Y. Satter, AdvisorOne |
December 6, 2011
Even as the International Monetary Fund approved the release of a new tranche of aid for Greece, its head, Christine Lagarde, said that the nation was in a difficult phase' as its economic reforms were slow to take effect and its growth very weak.