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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: IMF

IMF stories: 37 news summaries

1 - 20 of 37 Stories | 1 2 Next >>

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(Newser) - A student journalist threw a shoe at IMF director Dominique Strauss-Kahn during his speech at Istanbul University today, but missed so badly that Strauss-Kahn didn’t even need a Dubya-style duck. The man shouted, “IMF, get out!” as he hurled the shoe, then ran toward the platform. Security... More »

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International Monetary Fund • shoes • IMF • Dominique Strauss Kahn

 IMF: Global Recession Is Over 

World economy is growing, but recovery will be slow

Oct 1, 09 5:37 AM CDT
(Newser) - The global recession is over, the International Monetary Fund said today, revising its economic forecasts in response to Asian growth and more than $2 trillion in stimulus packages worldwide. The IMF now says the world economy is growing and will expand by 3.1% in 2010, with China growing at... More »

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International Monetary Fund • growth • recession • IMF • global economy • Dominique Strauss Kahn • financial crisis • economic recovery

 G20 Near Deal to Open 
 Economies to Scrutiny 

'Peer review' system will let nations assess each other's policies

Sep 25, 09 6:17 AM CDT
(Newser) - The G20 is on the brink of a deal this morning that will require members to "peer review" one another's economic policies—a substantial shift that will expose the US and China to wider scrutiny from less wealthy countries. The new top table for international negotiation wants less American... More »

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International Monetary Fund • oversight • IMF • global economy • US economy • Chinese economy • peer reviews • G20 • Group of 20

 Senate OKs $106B for Wars 


Jun 18, 09 5:08 PM CDT
(Newser) - The Senate today overwhelmingly passed a bill authorizing $106 billion to fund the nation’s wars in Iraq and Afghanistan, the Hill reports. It now goes to President Obama for his expected signature. The vote had been delayed by wrangling over how to keep detainee abuse photos under wraps.... More »

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Senate Democrats • US military • Senate Republicans • IMF • detainee • Iraq war • Afghanistan war • US Senate • supplemental funding • torture photos • military funding

 Army: Sri Lanka War 
 in 'Final Stage' 

Tens of thousands of civilians trapped; UN envoy arrives

May 15, 09 6:49 AM CDT
(Newser) - The Sri Lankan government claims to be within 48 hours of capturing the last holdout of Tamil Tigers, as the Red Cross warned of "an unimaginable human catastrophe" for the tens of thousands of civilians trapped in the war zone. Only a few hundred rebels remain in a two-mile-square... More »

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United Nations • civilian casualties • Sri Lanka • Tamil Tigers • IMF • civilians • Mahinda Rajapaksa • Ban Ki-Moon • Sri Lankan Army • Tamils

 IMF: Blame Europe for Longer Recession

EU policy blunders likely to result in longer slowdown for rest of world

Apr 23, 09 5:41 AM CDT
(Newser) - The European economy will sink deepest out of all global economies, bounce back slowest—and delay recovery for the rest of the world to boot, according to the IMF's latest forecast. The agency predicts the EU's economy—at $18 trillion, nearly a third of the world's total—will shrink 4%... More »

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European Union • world economy • recession • IMF • global economy • financial crisis

(AP) - The world economy is likely to shrink this year for the first time in 6 decades, says the International Monetary Fund in projecting a 1.3% drop in a dour forecast today. That could leave at least 10 million more people around the world jobless, some private economists said. "... More »

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International Monetary Fund • recession • IMF • global economy

analysis

 Is the US Dollar 
 All Spent? 


Apr 6, 09 6:35 PM CDT
(Newser) - Sick of relying on the US dollar, critics around the world want it replaced as Earth's top currency, Michael Schuman writes in Time. A panel of UN economists and a top banker in China have called for a new unit—like the IMF's Special Drawing Units—to stabilize the global... More »

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IMF • global economy • US dollar • weak dollar

(Newser) - President Obama touted the resolutions of the G20 summit today in London, saying swift and muscular action was needed to reverse the global economic downturn, the AP reports. Steps like the injection of funds into the IMF and the creation of a global regulatory body “were necessary,” he... More »

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London • depression • recession • IMF • global economy • G20 • financial crisis • President Obama • regulatory body

 G20 Leaders Close to Deal 

French, German demands for regulation are final sticking point

Apr 2, 09 6:19 AM CDT
(Newser) - G20 leaders have nearly completed an agreement to confront the global financial crisis, reports the Times of London. Gordon Brown opened the summit by saying that the draft communique already prepared reflected "a high degree of consensus between us." The British PM said that the leaders needed to... More »

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Angela Merkel • Nicolas Sarkozy • International Monetary Fund • Gordon Brown • IMF • G20 • financial crisis • global stimulus

GLOSSIES

 How the US Became 
 a Banana Republic 

America is a textbook IMF case—but one without a solution

Mar 30, 09 2:51 PM CDT
(Newser) - As chief economist at the International Monetary Fund, MIT professor Simon Johnson saw a pattern in bankrupted countries from Argentina to Indonesia: "The powerful elites within them overreached in good times and took too many risks." The current US crisis, Johnson writes in the Atlantic, is "shockingly... More »

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depression • International Monetary Fund • recession • IMF • US economy • developing countries • emerging markets • Great Depression • oligarchy

Geithner Urges G20 to Pump Up Global Economy

Treasury seeks billions to help IMF prop up struggling nations

Mar 12, 09 6:57 AM CDT
(Newser) - Tim Geithner is calling on the other G20 nations to help the US get the global economy back on its feet, the Washington Post reports. The Treasury secretary, who leaves for a G20 summit tomorrow, said in a briefing yesterday the administration plans to ask Congress for another $100 billion... More »

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International Monetary Fund • IMF • global economy • Treasury Department • emerging markets • G20 • Obama administration • financial crisis • Timothy Geithner

Brown Calls
for 'Global
New Deal'

At Berlin meeting, British PM says world needs $500B rescue

Feb 23, 09 6:13 AM CST
(Newser) - The world needs to unite on a "global New Deal" to end the economic crisis, Gordon Brown said yesterday at a European summit. The British prime minister, who is chairing April's meeting of the G20, joined colleagues from France and Germany to call for a major overhaul of the... More »

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Gordon Brown • IMF • global economy • G20 • financial crisis

GOP Still on Board With Geithner Despite Tax Errors

Treasury nominee 'going to be just fine' with bigger problems he'll be facing

Jan 15, 09 10:15 AM CST
(Newser) - Timothy Geithner’s tax mistakes are minor compared with how much he could contribute as Treasury secretary, Republican leaders say. “I don’t think we can get a better person for this position,” Senate Finance Committee No. 2 Orrin Hatch told the Washington Post. Geithner’s errors include... More »

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Barack Obama • IMF • Orrin Hatch • Senate Finance Committee • Charles Grassley • Treasury Department • bailout • Treasury secretary • Timothy Geithner

MARKETS

  Dow Down 203 After Yo-Yo Day

Boost in new home sales is not enough to sustain day's gains

Oct 27, 08 3:20 PM CDT
(Newser) - Stocks closed down today at the end of an extremely volatile session that saw the Dow up over 200 points as investors reeled from plunging overseas markets but were somewhat encouraged by positive news on US home sales, MarketWatch reports. The Dow lost 203.18 to close at 8,175.... More »

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Verizon • Dow Jones • IMF • Nasdaq • Ukraine • Nikkei • new home sales • S&P 500 • financial crisis

 IMF Bails Out Hungary, Ukraine 

Multibillion-dollar loans prop up Eastern Europe's basket cases

Oct 27, 08 8:47 AM CDT
(Newser) - The IMF will provide multibillion-dollar loans to Ukraine and Hungary, which have followed Iceland to become the latest national victims of the global financial crisis. Ukraine will receive a $16.5 billion loan, while the specifics of the Hungary deal are still being worked out. Both Eastern European countries have... More »

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International Monetary Fund • IMF • Hungary • Ukraine • financial crisis • Hungarian forint

 IMF Won't 
 Punish Boss 
 Over Affair 

But 'serious error in judgment' sidetracked fund

Oct 26, 08 9:08 AM CDT
(Newser) - The IMF’s governing board unanimously cleared its managing director of using his position to pursue an affair with a subordinate, the Wall Street Journal reports. Dominique Strauss-Kahn didn’t engage in “harassment, favoritism, or any other abuse of authority,” but his actions were “regrettable and reflected... More »

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investigation • International Monetary Fund • abuse • IMF • harassment • affair • probe • Dominique Strauss Kahn

Asia, Europe Want Financial Reform Now

Beijing steps up as leaders craft plans to manage economies

Oct 25, 08 6:15 PM CDT
(Newser) - Asian and European world leaders joined forces today to call for stricter regulation of world financial markets and a shakeup of the monetary system, the Washington Post reports. The declarations marked the close of a 2-day summit in Beijing attended by more than 40 heads of state. Bailouts in the... More »

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China • Europe • Nicolas Sarkozy • Asia • financial markets • IMF • Wen Jiabao • regulation • George W. Bush

IMF Plans Huge Credit Line for Poor Nations

Wave of defaults in developing world could imperil global economy

Oct 24, 08 6:11 AM CDT
(Newser) - While the financial crisis is leading the West into recession, other parts of the world from Hungary to Argentina face an even worse fate: default, market panic, and possibly social upheaval. Now the IMF is working to build a giant line of credit, funded by rich nations, to provide... More »

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globalization • International Monetary Fund • Argentina • IMF • Hungary • default • market turmoil • financial crisis

Amid Scandal, IMF Exec Wins Praise for Nimble Work

Strauss-Kahn's 'activist' economics suit crisis

Oct 20, 08 1:05 PM CDT
(Newser) - Even as he faces a probe for misconduct, the head of the International Monetary Fund is being praised for a decisive response to the world financial crisis, Bloomberg reports. Europe’s chief banker says he’s “convinced the investigation will prove that Dominique Strauss-Kahn didn’t abuse power.”... More »

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investigation • Paul Wolfowitz • International Monetary Fund • IMF • Iceland • probe • Dominique Strauss Kahn • scandal • financial crisis • Bretton Woods • Piroska Nagy

1 - 20 of 37 Stories | 1 2 Next >>


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