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International Monetary Fund

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Top International Monetary Fund Articles

Displaying items 121-132
  • South Africa stumbles while looking to market itself abroad

    South Africa stumbles while looking to market itself abroad
    JOHANNESBURG, South Africa -- Brand South Africa, the body charged with marketing the nation abroad, has had a tough month. The International Monetary Fund on Oct. 1 downgraded its growth forecast for South Africa and called on the government to take...
  • Poland, long an economic success story, losing momentum

    Poland, long an economic success story, losing momentum
    WARSAW — Michal Ruminski was 6 when his father took him through a local supermarket here. The store shelves were empty, except for some bottles of vinegar, but that was precisely the point. His father wanted the young boy never to forget the...
  • Government-ordered price cuts spawn desperation shopping in Venezuela

    CARACAS, Venezuela — The appliance salesman nervously eyed the chaotic scene outside his door. An unruly line of shoving and jostling shoppers was waiting to enter the store in a Caracas shopping district, where prices had been cut in half —...
  • Middle-income households stuck in a deeper financial hole

    Middle-income households stuck in a deeper financial hole
    Financial woes are only worsening for middle-income Americans living in the West, according to an index calculated by Consumer Reports. Problems such as job loss and high prices have especially plagued households earning between $50,000 and $99,000 a...
  • Saudi Arabia, UAE announce $8 billion in aid for Egypt

    Saudi Arabia, UAE announce $8 billion in aid for Egypt
    CAIRO -- Saudi Arabia and the United Arab Emirates on Tuesday announced a total of $8 billion in economic aid to help shore up Egypt’s military-backed interim leaders after Islamist President Mohamed Morsi was removed in a coup last week. The...
  • IMF lowers U.S., world economic growth forecasts

    IMF lowers U.S., world economic growth forecasts
    WASHINGTON -- The International Monetary Fund on Tuesday lowered its forecast for U.S. and global economic growth this year, citing the European recession and reduced demand worldwide. The world economy will grow 3.1% this year, the IMF said, down...
  • Egyptian President Morsi's tumultuous year in power

    Egyptian President Morsi's tumultuous year in power
    June 30, 2012:  Mohamed Morsi, a U.S.-educated engineer and activist with the once-banned Muslim Brotherhood, is sworn in as Egypt’s first freely elected president. Morsi won 52% of the votes in a runoff election two weeks earlier and will rule over...
  • Egyptian Cabinet shuffle strengthens Muslim Brotherhood

    Egyptian Cabinet shuffle strengthens Muslim Brotherhood
    CAIRO -- President Mohamed Morsi reshuffled his Cabinet on Tuesday, strengthening the Muslim Brotherhood’s hold on power and angering the opposition amid Egypt’s economic turmoil and political unrest. The naming of nine new ministers...
  • Global Voices: The six personalities of Russia's Putin

    Vladimir Putin emerged from the obscurity of a secret agent’s life when called to Moscow in 1997 by power-hungry oligarchs in search of a pliable accomplice to plant in the Kremlin.  In little more than two years, Putin was president of Russia and...
  • IMF urges U.S. to repeal 'ill-designed' sequester cuts

    IMF urges U.S. to repeal 'ill-designed' sequester cuts
    WASHINGTON -- The International Monetary Fund on Friday urged U.S. officials to scale back its automatic federal spending cuts, warning that they were "excessively rapid and ill-designed" and were hurting the nation's economic recovery "The sequester...
  • Rich hide up to $32 trillion in offshore tax havens, report contends

    Rich hide up to $32 trillion in offshore tax havens, report contends
    The chasm separating the uber-wealthy from the rest of the world may be wider than most people think, according to a new report from left-leaning British group Tax Justice Network, which says there is at least $21 trillion -- and possibly as much as $32...
  • Three things to watch for from the Fed and Bernanke on Wednesday

    Three things to watch for from the Fed and Bernanke on Wednesday
    WASHINGTON -- A difficult task awaits Federal Reserve Chairman Ben S. Bernanke when he faces the TV cameras Wednesday in his quarterly news conference. He has to try to reassure investors, analysts and politicians that the central bank has a plan for...