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IMF says Egypt budget gap worrying, urges Yemen to finalize economic program
ReutersDUBAI (Reuters) - Egypt's worsening fiscal gap is a concern but the International Monetary Fund is still ready to continue talks on a $4.8 billion loan once Cairo completes a review of its economic program, a senior IMF official said. "We are ready to...Tags: Public Finance, Yemen, International Organizations, Hosni Mubarak, Budgets and Budgeting
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2 Fed presidents at odds on bank's role in economic recovery
It's a family feud Federal Reserve-style as Chicago Federal Reserve President Charles Evans and Dallas Federal Reserve President Richard Fisher argue in polite fashion about what the central bank has accomplished by tinkering with the economy. Evans...
Tags: Federal Reserve, Central Bank, Financial Markets, Money and Monetary Policy, Federal Reserve Bank of Chicago
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Exclusive: Japan Inc. averse to further yen drop, poll finds
ReutersTOKYO (Reuters) - Signs are that most firms in export-driven Japan Inc, having got the weaker yen they craved, now want the currency to either stabilize or recover ground, rather than continue a slide that will increasingly raise their costs. About...Tags: Canon Inc., Currency Values, Toyota Motor Corp., Photography Supplies and Services, Sales
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AME Info, Abu Dhabi, United Arab Emirates, finance and economy briefs
AME InfoQATAR ELECTRICITY AND WATER RISES, LAUNCHES POWER INVESTMENT FIRM: The Doha-based Qatar Exchange 20 Index rose 0.61 percent to close at 9,064.31 points on Monday. Qatar Electricity and Water Company (QEWC) added 0.70 percent, finishing at QR144.50....Tags: Bahrain, Debt Market, Metal, Strikes, Financial Markets
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IMF says Washington cutting budget deficits too quickly
ReutersWASHINGTON (Reuters) - The International Monetary Fund on Monday said the United States was getting carried away with a government austerity drive, offering some of the institution's bluntest criticism yet of Washington's rush to cut its budget deficit....Tags: Public Finance, European Debt Crisis, International Organizations, Congressional Budget Office, Budgets and Budgeting
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Subsidy reform dispute imperils Morocco's ruling coalition
ReutersBy Aziz El Yaakoubi RABAT, May 20 (Reuters) - Morocco's junior government party is threatening to quit the coalition unless Islamist prime minister Abdelilah Benkirane moderates plans for sweeping cuts to subsidies on food and energy. Increased...Tags: Rabat (Morocco), Government, Morocco, National Government
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IMF urges Montenegro to close aluminum plant to cut debt
ReutersPODGORICA (Reuters) - Montenegro should shut down the loss-making aluminum plant that is the country's biggest single industrial employer to stem a sharp rise in its public debt, the International Monetary Fund said. The partly state-owned Kombinat...Tags: Oleg Deripaska, Economic Indicator, Podgorica (Montenegro), International Organizations, Debt Market
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Cause for hope -- and fear -- in Pakistan
There is reason for hope in Nawaz Sharif's victory in the recent Pakistani elections. Sharif, who has twice served as Pakistan's prime minister, has said he wants to build a more robust democracy, revive the country's shattered economy and end the...
Tags: Al-Qaeda, Elections, Pakistan, Human Rights, Government
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Greece to sell Postbank, Proton in July, stress-test big banks
ReutersATHENS (Reuters) - Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection...Tags: Restructuring and Recapitalization, Finance, European Union
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INVESTMENT FOCUS-Top four central banks may change the tune
ReutersBy Mike Dolan LONDON, May 17 (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top...Tags: International Organizations, Financial Markets, Banking, Money and Monetary Policy, Finance
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Top four central banks may change the tune
ReutersLONDON (Reuters) - The world's major central banks may be shifting their tone subtly from "whatever it takes" to "we can only do so much". Financial markets supercharged this year by the extraordinary monetary stimuli of the top four central banks are...Tags: International Organizations, Financial Markets, Economic Policy, Banking, Money and Monetary Policy
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Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF
ReutersNICOSIA (Reuters) - The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative. The island's 17.5 billion euro economy faced...Tags: International Organizations, European Debt Crisis, Cyprus, Cypriot Banking Crisis (2013), Foreign Exchange Market
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 20, 2013
|Story| Reuters
May 19, 2013
|Story| Los Angeles Times
May 19, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
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