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
Posts Tagged ‘Monetary’
Lagarde says IMF will cut global growth forecast
July 7th, 2012 
admin International Monetary Fund Managing Director Christine Lagarde said on Friday that there is a need for a coordinated response between economies as global economic conditions have become a big concern. Article © AHN – All Rights Reserved Economy, Business And Finance Stories
IMF: U.S. should avoid “fiscal cliff” with too steep cuts
July 5th, 2012 admin The International Monetary Fund warned the U.S. that it is risking a flat economic growth in 2013 if it continues to move towards a “fiscal cliff” characterized by Washington’s current tax and spending plans. An IMF report released Tuesday states that a U.S. annual growth rate of under 1 per cent will be detrimental to [...]
Posted in Business World 
Tags: article, cent, cliff, economy, economy business, global economy, imf report, international monetary fund, Monetary 
No Comments »Japan grants $60 million loan to IMF
April 17th, 2012 admin 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
IMF lowers growth prediction for Asia
October 13th, 2011 admin 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 [...]
‘No decision’ on Strauss-Kahn case – CNN
July 3rd, 2011 admin A source close to the investigation told CNN on Sunday that it is unclear whether the former International Monetary Fund chief will learn this week whether he will be cleared of any or all charges in the case. View full post on Business Stories
Posted in Stock Market Tags: case view, CNN, decision, international monetary fund, Kahn, Monetary, post, strauss kahn No Comments »Israel’s Fischer in race for top IMF job
June 11th, 2011 admin JERUSALEM – Bank of Israel Governor Stanley Fischer announced on Saturday he was in the race to become the next head of the International Monetary Fund. View full post on Business Stories
Posted in Stock Market Tags: bank, bank of israel, business, international monetary fund, Israel, Jerusalem, job, Monetary, post, stanley fischer No Comments »Ireland cuts growth forecasts by half
April 29th, 2011 admin The country’s finance ministry said GDP growth would be 0.75% rather than 1.75%, a change largely expected after the International Monetary Fund cut growth forecasts View full post on UK Business Stories
China To Set Tight Monetary Policy
December 5th, 2010 admin Linda Young – AHN News Writer Beijing, China (AHN) – China announced its intent to tighten its monetary policy in 2011 in a shift from relatively loose to a prudent stance, a sign that it might hike interest rates. In 2008, China responded to the global economic policy by loosening its then tight monetary policy. [...]
Posted in Stock Market Tags: AHN, Beijing, beijing china, China, global economic policy, government leadership, inflation, Monetary, percent, policy, price, price bubbles, Tight, tight monetary policy No Comments »