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IMF points to 'long-lasting scars'
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Pranab hopleful economy returning to pre-crisis level
By: chnarendra
Finance Minister Pranab Mukherjee is hopeful that the economy is returning to pre-crisis level. Speaking at the Plenary Session of Annual meeting of the World Bank and the IMF in Istanbul today, he said he felt the urgent need for reforms in funding. Here is his full text of speech : “We meet in an atmosphere which is ...
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Power crisis to be overcome with raised tariffs: US
By: asadhanif
WASHINGTON (Sami Abraham): David Goldwyn, Secretary Clinton's Coordinator for International Energy Affairs has said that If Pakistan continues to raise the power tariff in accordance with its understanding with IMF, it will not have to face load shedding during the next summer. Talking to the reporters here at Foreign Press Center Thursday ...
26 days ago
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Police break up anti-IMF protests in Turkey
By: genius-world
Police used pepper gas and water cannons to disperse crowds of demonstrators who took to the streets Tuesday to protest a meeting of the International Monetary Fund and the World Bank. A protester fires a catapult at police during demonstrations in Istanbul. Some protesters broke shop windows in and around ...
about 1 month ago
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IMF warns G20 on cutting economic support
By: voiceofkashmir
WASHINGTON: The global economic recovery is uneven and the timing of any exit strategies should err toward supporting demand, according to an International Monetary Fund paper prepared for the G20.In the document prepared for a meeting of Group of 20 finance ministers and central bankers in Scotland, the IMF stressed the fragility of the global ...
26 days ago
- News Source: Australian Broadcasting Corporation | 2 months agoIn research released overnight, the world banking body says monetary policy was not the main cause of the global financial crisis, but that it did play a part. IMF senior economist, Alasdair Scott, says there were warning signs that policy makers...
- News Source: Financial Times | 2 months agoAs hopes strengthen that the global economy is recovering, the IMF pointed out that banking crises usually leave “long-lasting scars” on countries, knocking an average 10 per cent from output per capita. “The implications of our analysis are...
- News Source: Channel NewsAsia | 2 months agoThe International Monetary Fund said on Tuesday the global financial crisis could impair economic growth for at least seven years, and suggested structural reforms could help limit the damage. "Typically, banking crises have a long-lasting impact on...
- News Source: The Economist | 2 months agoFederal Reserve, Ben Bernanke, told a Washington think-tank this month that “the recession is very likely over at this point”, he was careful to add that the American economy would remain weak for some time yet. Analysis released on Tuesday...
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@ahess247 RT @TheoFrancis G-20: Don't Expect the Earth to Move -- http://bit.ly/dXoIY
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@theofrancis G-20: Don't Expect the Earth to Move -- http://bit.ly/dXoIY
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@monicagagnier RT @JohnAByrne Most-discussed [BW] story today: "Shrinking Money Supply Dampens Inflation Fears" http://bit.ly/2ZlIJW
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@JohnAByrne Most-discussed story today: "Shrinking Money Supply Dampens Inflation Fears" (by BW economics editor Peter Coy) http://bit.ly/2ZlIJW
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