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Showing posts with label International Monetary Fund. Show all posts
Showing posts with label International Monetary Fund. Show all posts

8/15/2015

Five reasons to be worried about the Chinese economy

It has been a tough year for China. Premier Li Keqiang’s plan to have slower but better balanced growth has run into difficulties and Beijing’s struggle to transform its economic model has prompted fears that the world’s second-biggest economy could be the source of the next global downturn.

8/14/2015

German Economy Expands Less Than Forecast as Global Risks Loom

Germany’s economy expanded less than forecast last quarter as turmoil in Greece and a slowdown in China sapped global demand.

7/02/2015

Romanian Central Bank to Review Stance After Halting Rate Cuts

Romania’s central bank said it will reassess its monetary-policy stance after government talks over a rainy-day loan broke down with contagion from Greece threatening the financial system.

6/02/2015

Greece may need to default on debts as IMF deadline looms, warns Goldman

Greece may have to default on its debts and impose curbs on bank withdrawals before reaching a deal with its creditors, according to Goldman Sachs, as a crucial payment deadline approaches.

5/17/2015

Greece pays public sector wages to avert fresh economic crisis

Greece avoided another financial crisis by paying about €500m (£360m) in wages to public sector workers, but suffered another downgrade of its credit rating.

4/14/2015

Hiring of workers in UK remains at 'sky-high' levels

Employers in the UK plan to keep hiring more staff, but concerns remain about the country's failure to raise productivity, a new report has warned.

4/10/2015

Eurozone: Six days for Greece to offer new reforms

The eurozone has said only six working days are left for Greece to come up with a revised list of reforms to seal a deal on its next rescue bailout.

11/17/2014

G-20 Plans $2 Trillion Growth Boost to Uneven Global Economy

Group of 20 leaders agreed to take measures that would boost their economies by a collective $2 trillion by 2018 as they battle patchy growth and the threat of a European recession.

11/16/2014

Moody's says uncertain Greece could fund itself after bailout

Nov 15 (Reuters) - Moody's said there was doubt that Greece would be in a position to finance itself without any assistance after its international bailout ends later this year, a senior executive at the rating agency told a Greek newspaper.

11/15/2014

G20 growth plan has 'spillovers' for smaller countries: paper

(Reuters) - Efforts by the world's 20 major economies in boosting economic growth by a 2.1 percent target could deliver "spillovers" for smaller nations, The Australian newspaper reported on Saturday, citing a draft copy of the G20 Brisbane Action Plan.

10/21/2014

Russia Rating Cut by Moody’s on Sluggish Economic Growth

Russia’s ruble dropped and sovereign bonds were little changed after the country’s credit rating was cut to the second-lowest investment grade by Moody’s Investors Service amid sanctions over Ukraine.

10/10/2014

U.S. Fed frets over strong dollar, global woes: minutes

(Reuters) - Federal Reserve officials want to tie an interest-rate rise to U.S. economic progress, but the minutes of their last policy meeting show they are struggling with how to come to grips with the dual threats of a stronger dollar and a global slowdown.

10/08/2014

IMF warns of 'weak and uneven' global recovery

The International Monetary Fund has cut its forecast for global economic growth for both this year and next and warned the recovery is "weak and uneven". It is now forecasting 3.3% growth this year, down from its forecast in July of 3.4%.

8/26/2014

Swedish Mortgage Cap May Be Relaxed in Social Democrat Plan

Sweden’s Social Democratic Party, which polls show will oust Prime MinisterFredrik Reinfeldt’s ruling coalition in elections next month, is ready to relax a regulatory limit on mortgage financing.

7/27/2014

Britain's economy set, finally, to recover ground lost to crisis

(Reuters) - Britain's economy is set to pass a landmark on Friday when official data will probably show that it is bigger than it was before the financial crisis struck six years ago.

7/15/2014

South Korea quietly intervenes on the won to bolster economy

(Reuters) - South Korea's foreign exchange authorities have been engaged in a quiet war in recent months to hold down the won, throwing more firepower at it than for years in a bid to support exports and help keep the economy on its fragile recovery track.

5/29/2014

What Russia-China relations mean for the dollar

If there was one takeaway from Russia's annual economic shindig in St Petersburg last week, it was that the country is continually looking to its neighbor China for trade and investment.

4/14/2014

Germany's current account surplus is a wider issue than it first appears

When the US treasury recently added its voice to the chorus of critics of Germany's chronic current account surplus, it underscored the deep disagreement over what, if anything, should be done about it.

4/13/2014

Finance officials confident of global growth

WASHINGTON (AP) An ambitious goal to boost global growth by $2 trillion in the next five years is within reach, finance officials of the world's major economies believe, despite a variety of threats, including rising political tensions over Russia's actions in Ukraine.

4/11/2014

Greece Trumpets Return to International Bond Market

ATHENS — Greece’s return to the financial markets with a five-year bond offering on Thursday was met with overwhelming demand from investors, and government officials hailed the sale as proof that the country was recovering from a wrenching five-year economic crisis.