Posts Tagged ‘international monetary fund imf’

IMF cuts economic growth forecast for South Korea

Citing escalating fiscal woes in the euro zone, the International Monetary Fund (IMF) lowered its growth forecast for the South Korean economy this year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Japan grants $60 million loan to IMF

Japan on Tuesday became the largest donor outside Europe when it announced a grant of $ 60 billion to the International Monetary Fund (IMF). The grant is aimed at strengthening a global firewall to deal Europe’s debt crisis. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Plunging Foreign Reserves Pose New Threat to Egypt

The Media Line Staff Cairo, Egypt (The Media Line) – Egypt’s political and economic clocks are running on dangerously different speeds: While Egyptians make repeat visits to the polls over the next three months to elect a new government and debate the future of their country under Islamist rule, the country’s foreign currency reserves are […]

IMF lowers growth prediction for Asia

Linda Young – AHN News Writer Singapore (AHN) – International Monetary Fund (IMF) officials have cut forecasts for growth in Asia because of concerns over problems in two of its key export zones. Both the United States and the eurozone are experiencing problems that could mean those zones import less from Asia. The IMF cited […]

Israel poised for second year of growth as shoppers replace exports

The Media Line Staff Jerusalem, Israel David Rosenberg – The Israeli economy, which shrugged off the world financial crisis, is set to show another year of strong growth, with increased consumer spending taking the lead from exports as the key driver, a survey of forecasters by The Media Line shows. Israel’s gross domestic product will […]

India To Name Pakistan As Fake Currency Offender In FATF, IMF

AHN News Staff New Delhi, India (AHN) – India is going to launch a diplomatic offensive against Pakistan for the latter’s alleged involvement in printing fake Indian currency notes (FICNs) to “overthrow” the Indian economy. The Indian government is soon going to take up the case of FICNs with various financial agencies around the world, […]