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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.
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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.
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By Marlene Y. Satter, AdvisorOne |
April 9, 2012
Japan and China will hold talks over whether to increase their contributions to the IMF, according to the Japanese finance minister.
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By John Sullivan, AdvisorOne |
March 5, 2012
We’ll forgo the mental image of the Fed chairman in a cape and tights, but Alan Beattie, international economy editor at the Financial Times, argues Ben Bernanke is the only hero to come out of the global financial crisis.
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By John Sullivan, AdvisorOne |
February 24, 2012
Although Mohamed El-Erian had long advocated for aid to troubled Europe (with an obvious interest in mind), he wants strong strings attached to any lending, especially when it comes to the International Monetary Fund.
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By Marlene Y. Satter, AdvisorOne |
February 7, 2012
Concerns that shadow banks have no backstop in case of crisis and offer opportunities to engage in risky, if not illegal behavior, are pushing regulators for the G20 to look more closely at such institutions.
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By Marlene Y. Satter, AdvisorOne |
January 30, 2012
France will unilaterally begin to tax all financial transactions at 0.1%, beginning in August, according to President Nicolas Sarkozy. Saying that he wants to 'set an example,' Sarkozy is determined to make good on a pledge he made to impose the tax when France was president of both the G8...
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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.
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By Marlene Y. Satter, AdvisorOne |
December 20, 2011
Britain's decision not to contribute to the IMF's bailout fund for the eurozone casts doubt that the rescue plan will work.
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By Marlene Y. Satter, AdvisorOne |
December 8, 2011
A report in the daily Nikkei paper that the G20 was putting together an IMF $600 billion lending facility to help the euro zone was denied, first by the IMF and then Canada, and then by Japan.