International Monetary Fund

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  European Banks Slow to Sell Loans

  By Marlene Y. Satter, AdvisorOne  |  October 11, 2012

  A new survey has shown that European banks are stalling on unloading loans, instead waiting for them to expire at their own pace.

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  IMF Says Greece Needs More Time, Possible Debt Reduction

  By Marlene Y. Satter, AdvisorOne  |  October 11, 2012

  Christine Lagarde and Wolfgang Schaeuble are locking horns over Greece.

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  Peter Schiff: Avoiding Looming ‘Fiscal Cliff’ a Mistake

  By John Sullivan, AdvisorOne  |  October 10, 2012

  Economic gadfly and president and CEO of Euro Pacific Capital comes out strong in response to the IMF’s latest report on the global economy.

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  IMF Boosts Estimate of Bank Selloffs to $4.5 Trillion

  By Marlene Y. Satter, AdvisorOne  |  October 10, 2012

  The IMF said that if political leaders fail to quell the fiscal crisis, it foresees European banks having to sell up to $4.5 trillion in assets through 2013.

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  China Bank Head Ditches IMF Meet in Snit Over Islands

  By Marlene Y. Satter, AdvisorOne  |  October 10, 2012

  Meetings of the IMF and World Bank were a few short as they got under way this week in Japan.

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  IMF Says Global Slowdown Could Be ‘More Lasting’

  By Marlene Y. Satter, AdvisorOne  |  October 9, 2012

  The IMF cut its forecast for global economic growth, saying that the slowdown could have a “more lasting component” and that there was a very shaky confidence in the global financial system.

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  Bill Gross Compares ‘Damaged’ Fiscal Situation to Own Amnesia

  By John Sullivan, AdvisorOne  |  October 8, 2012

  When Bill Gross says he has amnesia, maybe it’s time to panic.

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  Changes to Come at World Bank, Chief Says

  By Marlene Y. Satter, AdvisorOne  |  October 5, 2012

  He said that he wants the World Bank to lessen its emphasis on approving loans for development and concentrate more on getting results that make a difference.

• Cyprus Will Be Fifth to Ask for Bailout

  By Marlene Y. Satter, AdvisorOne  |  October 4, 2012

  The country has already asked Russia for a 5 billion-euro loan.

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  Greece’s Budget to Frontload Cuts

  By Marlene Y. Satter, AdvisorOne  |  October 1, 2012

  A government official has said that the Greek draft budget frontloads cuts to return the country to a surplus in 2013, but at the cost of shrinking its economy for a sixth straight year.