France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned.
The Group of Twenty Finance Ministers and Central Bank Governors (G-20, G20, Group of Twenty) is a group of finance ministers and central bank governors from 20 major economies: 19 countries plus the European Union, which is represented by the President of the European Council and by the European Central Bank.
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10/16/2012
10/15/2012
South Africa labour turmoil hitting growth
JOHANNESBURG (Reuters) - Two months of crippling labour turmoil are likely to force South Africa to look again at its economic growth forecasts, the central bank's deputy governor said on Sunday.
10/13/2012
Goldman Sachs FX strategist: A$ 20% overvalued
SYDNEY--The Australian dollar is about 20% over valued and vulnerable to a sharp correction amid a slowing domestic economy and downward pressure on commodity prices, a top Goldman Sachs Group Inc.
10/11/2012
China's central bank governor to skip key meeting in Japan
The governor of China's central bank has pulled out of the International Monetary Fund (IMF) and World Bank meetings being held in Japan.
10/10/2012
Spain minister plays down IMF report
MADRID (AP) — Spain's economy minister played down the International Monetary Fund's forecast that the Spanish economy will contract by 1.3 percent next year — more than double its previous predictions — saying Tuesday that the forecast is not written in stone.
10/09/2012
IMF cuts growth forecast for UK in "gloomier" global outlook
The International Monetary Fund cut its growth forecast for the UK as it downgraded its view of the global economy.
10/08/2012
Greek deadlock continues as Christine Lagarde describes talks as 'productive'
Greece will not reach a deal with European debt inspectors on fresh austerity measures before a vital meeting on Monday, according to the country's finance minister, even as IMF managing director Christine Lagarde described talks as "very productive".
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