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By Marlene Y. Satter, AdvisorOne |
May 17, 2011
The impact of the allegations could result in Europe losing its hold on the top job of the IMF, and PIMCO co-CEO Mohamed El-Erian said in a blog post on Tuesday that the turmoil over succession could have repercussions for peripheral euro zone nations.
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By Marlene Y. Satter, AdvisorOne |
May 16, 2011
The arrest over the weekend for sexual assault in New York of Dominique Strauss-Kahn, head of the International Monetary Fund, is having repercussions far beyond those to his alleged victim, a hotel maid at the Times Square Sofitel.
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By James J. Green, AdvisorOne |
May 16, 2011
The likely market movers this week: debt ceiling is reached; big retailers quarterly resultss; housing and leading economic indicators.
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By Marlene Y. Satter, AdvisorOne |
December 8, 2010
The head of the International Monetary Fund (IMF) criticized the member nations of the eurozone on Tuesday for failing to take forthright action in response to the crisis of confidence over the past weeks.
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By Marlene Y. Satter, AdvisorOne |
December 7, 2010
After five hours of talks, euro zone ministers decided to take no new action regarding the debt crisis, despite indications to the contrary earlier Monday.
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By Marlene Y. Satter, AdvisorOne |
December 6, 2010
Euro zone leaders gathered Monday in Brussels to discuss a new report from the International Monetary Fund (IMF) and to call for additional measures to restore calm in the financial markets, as Germany resisted expansion of aid efforts.
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By Marlene Y. Satter, AdvisorOne |
December 5, 2010
The International Monetary Fund will urge governments in the European Union to increase the size of their rescue fund, and will also call for additional purchases of bonds by the European Central Bank.
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By Marlene Y. Satter, AdvisorOne |
November 15, 2010
Despite increased borrowing costs and rumors of a possible bailout, Ireland's minister of enterprise, trade and innovation said Sunday that the countrywas not in need of rescueand has funding till the middle of 2011.