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Lowers China Growth Forecast
The International Monetary Fund lowered their forecast for Chinas 2012 GDP now down to 8.25 from the 9 projected in September. The said that exports to the U.S. and Europe in particular could hurt the Chinese economy over the next ...
Egypt donors say they want accord first: PM
CAIRO Reuters - International donors have made any financial support they provide to Egypt contingent on Cairo first reaching agreement on a financing package with the International Monetary Fund the countrys prime minister said on Wednesday.
Warns On Debt Being Cut Too Quickly
LONDON -- Some governments including the U.S. may be trying to cut their budget deficits too quickly putting the economic recovery at risk the head of the International Monetary Funds fiscal affairs department warned on Wednesday.
sees "conservative" Qatar budget next FY
DUBAI Reuters - Qatar is expected to set a conservative government budget in the next fiscal year beginning in April and has not indicated that it plans any further rise in social spending an International Monetary Fund official said.
Latvian Crisis Exacerbated Poverty, Inequality, Report Says
Feb. 7 Bloomberg -- Latvias economic crisis which erased more than a fifth of economic output led to a fall in incomes and an increase in the number of people at risk of poverty the International Monetary Fund said. Average real ...
Mongolian overheated economy yields ominous omen: official
ULAN BATOR Feb. 7 Xinhua -- Overheated economy in Mongolia is leading to significant problems such as high inflation exchange rate volatility and wage pressures according to an report released Tuesday. The report drafted by Steven Barnett of ...
Frustrations Soar as Greece, EU Seek Elusive Bailout Deal
Reuters - Greek parties will try on Wednesday to agree to a reform deal in return for a new EU rescue to avoid a chaotic default after repeated delays which have prompted warnings that the euro can live without Athens. What was supposed ...