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July 24, 2008 1:14:36 PM CDT

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Stories related to: International Monetary Fund

Stories

15 Stories

  • July 2008

    • China's Economy Will Dwarf US

      newser  |  AFP  |  Jul 9, 08 7:33 AM CDT

      China's Economy Will Dwarf US

      China is the world's economic superpower of the future and will dwarf the financial might of the US, according to a new study by an American research organization. China's economy will surpass the US economy by 2035—and be more than double its size by 2050, predicts the report by the Carnegie Endowment for International Peace. More »

      Tags

      China  • US economy  • United Nations  • World Bank  • International Monetary Fund  • Chinese economy  • Chinese Communist party

  • April 2008

    • Food Crisis Lurks in Soaring Prices, Says IMF Chief

      newser  |  BBC  |  Apr 13, 08 9:44 AM CDT

      Food Crisis Lurks in Soaring Prices, Says IMF Chief

      Rising food prices may soon have dire global consequences with starving people rioting in the streets, warns the head of the International Monetary Fund. “Hundred of thousands of people will be starving,” he said yesterday at a meeting in Washington. “Children will be suffering from malnutrition, with consequences for all their lives.” Climbing food prices will lead to increased trade imbalances in developing countries, with major ramifications. More »

      Tags

      food  • protests  • food prices  • ethanol  • crops  • International Monetary Fund  • starvation  • price  • trade affairs

    • Surging Energy Prices Drive Global Inflation

      newser  |  Wall Street Journal  |  Apr 10, 08 12:00 PM CDT

      Surging Energy Prices Drive Global Inflation

      Inflation in Europe and the US is projected to reach its highest point since 1995, the Wall Street Journal reports, with food prices up 83% in three years and rising energy and transportation costs. The International Monetary Fund predicts the US and Europe will see inflation of 2.6% this year, with consumer prices in developing countries rising 7.4%. More »

      Tags

      Federal Reserve  • food  • inflation  • food prices  • World Bank  • consumer prices  • International Monetary Fund

    • Going Greener Won't Cut Much* Into Bottom Line: Study

      newser  |  Wall Street Journal  |  Apr 3, 08 7:54 PM CDT

      Going Greener Won't Cut Much* Into Bottom Line: Study

      Cutting greenhouse-gas emissions will put a dent in the world's bottom line, but the damage could be minimal with the right economic policies, the International Monetary Fund forecasts. A 60% reduction of 2002 emission levels will reduce global growth by 2.6% come 2040, but the world's economy would still double in size, the Wall Street Journal reports. More »

      Tags

      China  • global warming  • India  • energy  • greenhouse gases  • clean energy  • International Monetary Fund  • IMF  • cap and trade  • carbon trading

    • Slow Day Sees Modest Losses

      newser  |  Wall Street Journal  |  Apr 2, 08 3:48 PM CDT

      Slow Day Sees Modest Losses

      The markets slid into negative territory after Ben Bernanke's Congressional testimony on the state of the economy today, but trading was generally low-key. "Flat is good," an economist told the Wall Street Journal . "People are getting their nerve back." The Dow ended down 45.44 at 12,608.92, the Nasdaq down 1.35 at 2,361.40, and the S&P 500 down 2.65 at 1,367.53. More »

      Tags

      stock market  • Ben Bernanke  • Merck  • International Monetary Fund  • IMF  • Best Buy

  • March 2008

    • Sovereign Funds Agree on Conduct

      newser  |  Wall Street Journal  |  Mar 20, 08 5:35 PM CDT

      Sovereign Funds Agree on Conduct

      Investment funds bankrolled by the governments of Abu Dhabi and Singapore agreed today with US Treasury Secretary Henry Paulson on guidelines aimed at allaying fears of political interference by the sovereign wealth funds, the Wall Street Journal reports. Decisions should be “based solely on commercial grounds," a statement reads, "rather than to advance … the geopolitical goals of the controlling government." More »

      Tags

      Henry Paulson  • Abu Dhabi  • Singapore  • International Monetary Fund  • sovereign wealth funds

    • Fed 'Will Get on Top of This,' Says Bernanke Mentor

      newser  |  Bloomberg  |  Mar 18, 08 10:35 AM CDT

      Fed 'Will Get on Top of This,' Says Bernanke Mentor

      Ben Bernanke has the savvy to inject enough liquidity into the US economy to push it through the current credit crisis, says a leading economist who advised the Fed chief's MIT doctoral thesis. “The Fed will get on top of this,” said Stanley Fischer, ahead of this afternoon's meeting in which the board was expected to announce a rate cut of up to 1%. More »

      Tags

      Federal Reserve  • credit crisis  • Ben Bernanke  • inflation  • interest rate cut  • MIT  • International Monetary Fund  • IMF

  • January 2008
  • December 2007

    • President Cristina Takes Charge

      newser  |  Times (UK)  |  Dec 11, 07 3:15 AM CST

      President Cristina Takes Charge

      Cristina Fernandez de Kirchner, the first woman to be elected president of Argentina, took office today with ominous promises about the Argentine economy and the sovereignty of the disputed Falkland Islands. The crowd chanted "Viva, Cristina!" as the country's First Lady succeeded her husband, Nestor, as head of state, reports the Times of London. More »

      Tags

      Argentina  • International Monetary Fund  • Cristina Kirchner

  • October 2007

    • Credit Crisis Could Torpedo UK Housing Market, Too

      newser  |  Guardian (UK)  |  Oct 17, 07 3:14 PM CDT

      Credit Crisis Could Torpedo UK Housing Market, Too

      Britain risks its own housing price crash, according to an International Monetary Fund report. The UK is in a credit crunch similar to the ongoing US version, and its housing is more overpriced than the US market before the crisis. In fact, "a number of advanced economies' housing markets … could be vulnerable to a correction," the group worries. More »

      Tags

      Great Britain  • housing crisis  • home prices  • International Monetary Fund

  • August 2007

    • Chavez Lavishes Oil Wealth on Neighbors

      newser  |  Guardian (UK)  |  Aug 9, 07 8:53 AM CDT

      Chavez Lavishes Oil Wealth on Neighbors

      Venezuelan President Hugo Chavez is spreading hundreds of millions of oil dollars around South America in an effort to limit the influence of the International Monetary Fund and forge a strong alliance. Chavez began a four-nation tour in Argentina referring to the IMF as "Dracula" and called for a united front against the US. More »

      Tags

      oil  • Venezuela  • Hugo Chavez  • energy  • Argentina  • Ecuador  • International Monetary Fund  • South America  • Uruguay

  • July 2007

    • EU Supports French Socialist to Head IMF

      newser  |  Times (UK)  |  Jul 10, 07 6:34 PM CDT

      EU Supports French Socialist to Head IMF

      A former French finance minister has the inside track to become the next chief of the IMF. EU finance ministers meeting in Brussels today settled on Dominique Strauss-Kahn, a Socialist who served in the cabinet of Francois Mitterrand. The choice was another coup for Nicolas Sarkozy, who managed at once to remove a political rival and place a Frenchman at the helm of the IMF. More »

      Tags

      Nicolas Sarkozy  • business  • International Monetary Fund  • IMF

  • May 2007

    • Venezuela to Leave IMF, World Bank

      newser  |  Wall Street Journal  |  May 1, 07 8:32 AM CDT

      Venezuela to Leave IMF, World Bank

      Hugo Chávez said yesterday he will pull Venezuela out of the International Monetary Fund and the World Bank, institutions the leftist leader blames for contributing to poverty in Latin America. Venezuela will also take control of foreign oil projects previously run by multinational companies, some U.S.-based, in a bid to use control over oil to influence world politics. More »

      Tags

      China  • oil  • Venezuela  • Hugo Chavez  • World Bank  • poverty  • Latin America  • International Monetary Fund  • IMF

  • March 2007

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