Imf News
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Amsterdam -
Christine Lagarde barely got a chance to open her mouth when giving a lecture at the University of Amsterdam, when student hecklers rose up and started a typical Occupy mic check.
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Athens -
That’s the opinion of a United Nations expert who warned yesterday that some of the austerity measures imposed on the Greek economy undermine Greek citizens’ access to jobs, health, water and energy.
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Buenos Aires -
Hernán Lorenzino, Minister of Economy in the government of Cristina Fernández, interrupted an interview with Greek Skai TV after he couldn’t come up with a coherent explanation about inflation in Argentina.
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Moscow -
The International Monetary Fund is warning that quantitative easing and other loose monetary policies used by many countries to stimulate growth could have quite negative long-term collateral effects, and even produce an economic crisis.
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Ottawa -
Mark Carney, Governor of the Bank of Canada, lowered economic growth expectations for the first and second quarters in Canada. The IMF also predicted a lower growth rate as well.
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Cairo -
Although Egypt is said to be close to agreement on a loan from the IMF worth $4.8 billion, President Morsi is concerned about conditions imposed that would force him to legislate unpopular policies.
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Nicosia -
Depositors with more than 100,000 euros in their Bank of Cyprus accounts could now possibly lose up to 60% of their savings.
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Paris -
The Paris home of IMF Chief, Christine Lagarde, is being searched by French authorities, over a probe into a multi-million-dollar payout to a supporter of the French ex-President Nicolas Sarkozy.
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The President of the Republic of Cyprus has said that the terms of the E.U. bailout, whereby bank customers would have to pay a levy on their deposits in order to qualify, has put the country in the worst crisis since the Turkish invasion of 1974
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The president of Cyprus has revealed that the terms of the bailout were imposed as a form of blackmail. The IMF and Eurogroup had already decided their terms and presented Cyprus with a fait accompli.
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Imf Blogs
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By: Sam Vaknin Editor in Chief of Global Politician In January 2011, the Republic of Macedonia became the first...
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Dominique Strauss-Kahn, the current Managing Director of the IMF¹ (International Monetary Fund), has been arrested...
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When will Dominique Strauss-Kahn go public on his decision whether to run for the Socialist party primary to become its...
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