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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, Hosni Mubarak, Gross Domestic Product, Budgets and Budgeting, International Organizations
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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: Labor Markets, Federal Reserve, Central Bank, Money and Monetary Policy, Financial Markets
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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: Exports, Thomson Corporation, Canon Inc., Nikkei, Shinzo Abe
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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: Podgorica (Montenegro), Credit and Debt, Montenegro, Economic Indicator, 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: Haqqani Network, Hamid Karzai, Terrorism, U.S. Congress, Nawaz Sharif
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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: Credit and Debt, Realty, Abu Dhabi (United Arab Emirates), Bahrain, Stock Market
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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: Government, Congressional Budget Office, Public Finance, European Debt Crisis, Budgets and Budgeting
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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: European Union, Restructuring and Recapitalization, Finance
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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: Credit Ratings, BNP Paribas, Inflation and Deflation, Mario Draghi, Nikkei
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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: BNP Paribas, Credit Ratings, Economic Policy, Inflation and Deflation, Nikkei
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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: Cyprus, Foreign Exchange Market, Cypriot Banking Crisis (2013), European Debt Crisis, International Organizations
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Chicago Tribune
May 20, 2013
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May 20, 2013
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May 20, 2013
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May 19, 2013
|Story| Los Angeles Times
May 20, 2013
|Story| McClatchy-Tribune
May 20, 2013
|Story| Reuters
May 19, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
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