IMF replaces Europe director as debt crisis boils

2011-11-16T16:00:27Z

WASHINGTON (Reuters) - The International Monetary Fund replaced its European Director with a powerful, well-connected, insider on Wednesday in a sign the global lender is setting a more forceful course of action in dealing with the European crisis.

The global lender named Reza Moghadam

New Italian, Greek governments race to limit damage

2011-11-14T04:00:10Z

ROME/ATHENS (Reuters) - Technocrat leaders in Italy and Greece rushed to form governments as they sought to limit the damage from the euro zone debt crisis on Monday, and the euro climbed on relief that a key Italian bond auction drew dec...

IMF warns rich states may fall back into recession

2011-11-11T08:30:08Z

WASHINGTON (Reuters) - The International Monetary Fund on Friday warned that advanced economies could fall back into recession unless policy-makers move with greater urgency to agree on policies to boost growth.

In a note prepared for the International Monetary Fund called Thursday for greater "political clarity" in Greece and Italy, after talks with Chinese leaders dominated by Europe's worsening debt crisis.

Greece and Italy are grappling with domestic political upheaval brought on by t...

Comments by policymakers at Cannes G20

2011-11-04T07:30:40Z

CANNES, France (Reuters) - Following are comments on Friday by policymakers attending the Group of 20 Summit in Cannes, France, and other euro zone officials, as

Dutch support greater IMF role in euro zone bailout

2011-10-22T11:00:10Z

AMSTERDAM (Reuters) - The Netherlands would support the International Monetary Fund (IMF) taking on a greater financial role in the euro z...

IMF says China has scope to respond to global risks

2011-10-12T23:30:11Z

TOKYO (Reuters) - China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund'...

Merkel tells Europe to prop up its banks

2011-10-06T03:30:14Z

Germany called on its EU partners to recapitalise the banking sector to help prevent the eurozone debt crisis spreading as the IMF warned the European Union to get its act together.

Chancellor Angela Merkel said helping the banks was "justified, if we have a ...

Maritime firms to struggle with credit squeeze

2011-09-25T20:00:07Z

SINGAPORE (Reuters) - With fears of a recession rising, the maritime industry will find it increasingly difficult to obtain financing for expansion over the next year, with the exception of the offshore-energy sector, industry experts said.

The economic gloom in Europe and the United State...

Global economy weekahead: From a soft patch to quicksand

2011-09-25T15:30:09Z

(Reuters) - The global economy was supposed to be better by now.

Just a few months ago, the prevailing wisdom was that growth was going through a "soft patch" caused by a combination of Japan's earthquake and unrest in the oil-producing Middle East. Once global supply chains got back ...

China urges eurozone to end debt crisis

2011-09-24T19:30:33Z

China on Saturday called on the eurozone to move quickly to end its debt crisis at a meeting of the world's finance chiefs in Washington.

"The sovereign debt crisis in the euro area needs to be resolved promptly to stabilize market confidence," China's central bank chief, Zhou Xiaochuan, said at the Reuters) - The International Monetary Fund said on Saturday it would decide by April whether its resources are sufficient to prevent a global credit crunch if Europe's debt crisis spreads to the rest of the world.

Global finan...

Geithner wants 'decisive signal' on eurozone debt

2011-09-24T08:30:12Z

US Treasury Secretary Timothy Geithner has called on Europe's leaders to send a "decisive signal" that they can handle the debt crisis, as pressure builds for action to prevent further eurozone damage.

With the US and eurozone debt and deficit crisis overhanging the Europe's finance chiefs defended their approach in addressing the debt crisis as pressure built from markets and other regions to take action to prevent it from snowballing.

With the US and eurozone debt and deficit crisis overhanging the IMF-World Bank annual meeting in Wa...

G20 assurances fail to convince markets

2011-09-23T13:30:35Z

Assurances by the world's leading powers that they are moving to stabilize the global economy failed to convince Friday, as markets sank again in impatience for more convincing action.

A surprise late-night communique from Group of 20 finance ministers and central bankers Thursday recognized the sense of urgency, after a day of intense warnings from leaders around the world, including a number of the elite ...

Recession panic grips global markets

2011-09-22T20:30:43Z

World markets buckled under a frenzied sell-off Thursday as investors panicked the global economy was headed for another slump, one which policymakers may be ill-equipped to prevent.

From New York to Tokyo it was a brutal day for investors as countless billions of dollars were wiped off the value of companies globally.

The 30 firms that make up the

IMF warns global economy in danger zone

2011-09-20T17:30:42Z

The global economy has entered "a dangerous new phase," with a recovery that is much weaker than was predicted just months ago, the International Monetary Fund warned Tuesday.

Cautioning that Western economies could very well fall back into recession -- with serious knock-on effects for the rest of the globe -- the IMF cut its growth forecasts for the global economy to 4.0 percent for 2011 and 20...

African growth to exceed 5% in 2011/12: IMF

2011-09-20T15:30:15Z

The economy of sub-Saharan Africa will grow by more than five percent this year and next as the region posts a "solid" performance, the International Monetary Fund said Tuesday.

In its latest outlook the IMF said growth would reach 5.2 percent this year and 5.8 percent in 2012.

"The SSA region is showing solid macroeconomic ...

IMF warns U.S., Europe could slip into recession

2011-09-20T06:30:07Z

WASHINGTON (Reuters) - Europe and the United States could slip back into recession next year unless they quickly tackle economic problems that could infect the rest of the world, the International ...

IMF staff see increased funding needs from crisis

2011-09-09T16:00:23Z

WASHINGTON (Reuters) - The International Monetary Fund's resources could prove to be sorely lacking if global financial conditions worsen and more countries turn to the global lender for financial rescues, IMF staff said in an internal document.

IMF staff estimates of the amount of money the IM...

EU-IMF audit suspended as Greece overshoots budget

2011-09-02T12:30:27Z

The EU and IMF left a critical audit of Greek finances unfinished on Friday saying more budget work was needed, and the government admitted its deficit target is in trouble.

Finance Minister Evangelos Venizelos conceded that Greece would have to revise its public deficit target for this year, a key condition for continued funding from the 110-billion-euro ($158-billi...

IMF's Lagarde says global economy "on the rebound"

2011-07-06T07:01:02Z

WASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Wednesday the global economy was rebounding from the financial crisis but recovery remains unbalanced.

"When we look at our growth forecasts for 2011, 2012, we are clearly on the rebound and things are improving and are getting bette...

New IMF chief faces challenges as job begins

2011-07-03T08:30:18Z

The International Monetary Fund's new Managing Director, Christine Lagarde, will make her debut under intense pressure this coming week, as Greece's financial woes pose an urgent challenge.

The French executive is expected to land in Washington on Monday, the Finance Minister Christine Lagarde was poised to be named head of the International Monetary Fund Tuesday when the global crisis lender's board meets to replace Dominique Strauss-Kahn.

Despite grumblings from emerging economies over CAPE TOWN (Reuters) - Swaziland has asked neighboring South Africa for an emergency bailout to patch over a chronic national cash crunch that has sparked rare political unrest against JERUSALEM (Reuters) - Bank of Israel Governor and former IMF deputy chief Stanley Fischer said on Saturday he would run for the top job at the Reuters) - It was fun while it lasted.

After several strong quarters, the global economic recovery appears to be sputtering. In particular, the industrial sector, a key driver of the bounce-back from a historic worldwide recession, looks to be fraying.

"People need to seriously consider the scenario where global industrial growth, once again, starts to throttle back -- beca...

Strauss-Kahn hidden inside New York safe house

2011-05-21T09:00:13Z

NEW YORK (Reuters) - Former IMF chief Dominique Strauss-Kahn spent his first night out of jail since his arrest on attempted rape charges, inside a Manhattan safe house on Saturday, well-hidden from the media gathered outside.

Held under round-the-clock a...

U.S. should heed this potential economic warning

2011-05-16T19:30:21Z

It's a lot to expect, and the indications are not promising

The economic catch phrase of the year has become ‘kicking the can down the road’, applied to all the problems that are not being solved, but are simply kicked further down the road.

It’s an apt description, as it is exactly what’s happening.

But what else could we expect?

After all, the election is only 18 months away, and it’s well known in Washi...

Strauss-Kahn casts shadow over EU debt crisis talks

2011-05-16T05:30:27Z

The storm over the IMF chief's sex assault case threw a giant cloud Monday over a European finance ministers' meeting aimed at easing the euro debt crisis and considering a new bail-out for Greece.

Domininque Strauss-Kahn, who has played a key role in striving to tame Europe's debt crisis, had been due at the talks that start from 1300 GMT.

Replaced by his number two

Iceland's risk from Icesave dispute 'limited': IMF

2011-05-05T19:30:21Z

Iceland's government faces limited financial risks from the failure of online bank Icesave, the International Monetary Fund said Thursday.

Iceland's prime minister, Johanna Sigurdardottir, announced in April that the co...

EU-IMF experts review crisis help for Romania: IMF

2011-04-22T12:30:09Z

EU and IMF experts are to visit Romania next week for a first review of crisis loan arrangements, the International Monetary Fund said on Friday.

A team from the European Union and IMF will study the situation here from April 27 to May 9, the IMF said.

In February, the EU and IMF decided...

New strike called in Greece amid reform warning

2011-04-18T16:30:33Z

A call by the Greek central bank for faster structural reforms in an economy going nowhere was trumped Monday by plans for a general strike against the government's latest tough austerity measures.

The General Confederation of Workers, the million-strong organisation representing private sector staff, said it would hold an action day on May 11 against the austerity roadmap announced by the government last week.

"We a...

Germany to revise up growth forecasts: minister

2011-04-10T06:30:25Z

Germany's economy will expand faster than expected in 2011, a minister said on Sunday, amid reports that the International Monetary Fund and Berlin would revise up forecasts for Europe's top economy.

Spiegel newsweekly said both the ...

US housing system a bad model: IMF

2011-04-06T15:30:43Z

The International Monetary Fund on Wednesday singled out the United States as a poster child for bad housing policies, calling on Washington to reform for the sake of global financial stability.

"The US housing finance system, which has several unique features, needs to be reform...

IMF urges U.S. budget include Fannie, Freddie costs

2011-04-06T08:30:23Z

WASHINGTON (Reuters) - The United States should include in its budget the cost of mortgage loan guarantees and other housing supports, the International Monetary Fund said on Wednesday in a rare criticism of its biggest shareholde...

IMF sets aside total ?4.6 bn for Romania

2011-03-25T17:30:08Z

The IMF approved a new ?3.6 billion loan for cash-strapped Romania on Friday, and said it would make ?1 billion available from a previously-announced loan.

The Washington-based International Monetary Fund said the funds were designed to support ongoing reforms even if Buchare...

Arab turmoil, Dubai glut are risk to UAE economy: IMF

2011-03-07T18:31:02Z

Turbulence across the Arab world and Dubai's ongoing property glut pose risks to the United Arab Emirates's economic recovery, the International Monetary Fund said Monday.

The oil-rich Gulf federation also needs to shore up its powerful government-backed firms that were at the center o...

IMF chief says Spain to avoid wider debt woes

2010-12-16T12:30:50Z

WASHINGTON (Reuters) - Spain will ward off the worst of a European debt crisis without needing a rescue and there is no threat to the euro currency's existence, the head of the

IMF chief: European situation remains troubling

2010-12-08T09:30:26Z

GENEVA (Reuters) - International Monetary Fund chief Dominique Strauss-Kahn on Wednesday said the situation in Europe remained troubling, keeping up pressu...

IMF chief says Europe debt crisis still serious

2010-12-03T11:13:25Z

The chief of the International Monetary Fund (IMF) said on Thursday the debt crisis in Europe remained serious but he tipped Ireland to recover rapidly after its weekend bailout.

On Sunday, the European Union and the IMF announced an 85-...

Britain's worst economic downturn in 60 years

2010-11-29T15:41:36Z

...

Tips for achieving economic prosperity

2010-11-29T15:37:11Z

...

Global Economic Trouble - What does it all mean?

2010-11-03T03:20:17Z

...

RAISE INTEREST RATES

2010-11-03T03:20:25Z

...

IMF chief warns global recovery 'in peril' i

2010-10-18T04:30:24Z

"The spirit of cooperation must be maintained. Without that, the recovery is in peril," Strauss-Kahn said in closing remarks to a meeting of IMF and central bank officials from around the world, according to a copy of his speech.

"Today, there is a risk that the single chorus that tamed the financial crisis will dissolve into a cacophony of discordant voices as countries increasingly go it alone. ...

Sprouts already withered?

2010-11-03T00:02:04Z

...

IMF calls for unity ahead of G20

2010-11-02T17:59:16Z

...

Fed's Rosengren calls for stronger policy on dividends

2010-10-10T15:00:14Z

WASHINGTON (Reuters) - A stronger policy to make banks reduce dividend payouts in times of stress may help shield the economy from credit shortage shocks, Boston Federal Reserve Bank President Eric Rosengren said on Sunday...

US faces weak recovery from Great Recession: IMF

2010-10-06T09:15:37Z

The International Monetary Fund warned Wednesday that the United States was staring at a sluggish recovery from severe recession in the face of weak consumer spending and high debt.

Growth in the world's largest economy slowed to 1.7 percent in the three months to June from a 3.7 percent pace in the first quarter, ...

IMF: Europe needs to wean banks off crisis support

2010-10-06T05:45:20Z

IMF says Europe needs to wean banks off crisis support measures or face more crises

The International Monetary Fund says Europe needs to do more to wean its banks off crisis support measures or risk more financial turmoil and a prolonged period of weak growth.

In its half-yearly World Economic Outlook, the IMF said We...

An End to the Credit Rating Addiction

2010-10-03T03:00:24Z

...

Are Banking Crises Becoming More Frequent?

2010-09-29T07:00:37Z

...

IMF chief: world recovery sluggish, jobs worrisome

2010-09-28T15:30:12Z

Head of IMF says global economy recovery sluggish and joblessness remains worrisome

The head of the International Monetary Fund says that while the global economy is recovering at a sluggish pace, the recovery remains uncertain because of the risk that not enough jobs will be created to make the rebound secure.

South Africa's economy is likely to grow around 3.25 percent this year, compared to the 2.8 percent forecast by the country's reserve bank, but not enough to create jobs, IMF said Tuesday.

In its Article IV staff report the International Monetary Fund saw medium term growth reaching 4.5 percent by around 2014.

...

IMF taps eight billion dollars for low-income countries

2010-09-21T11:26:02Z

The International Monetary Fund announced Friday it had reached a deal with four economic powers to provide eight billion dollars worth of funding to low-income countries.

"The agreements... expand the IMF's capacity to help low-income countries hit hard by the current global crisis," the Washington-based body said.

The deals were reached with authorities in <...

Crisis not over until job picture improves: IMF-ILO

2010-09-13T11:15:44Z

Victory over the global economic downturn can only come through a major cut in unemployment, with 440 million new jobs needed by 2020, political leaders and key international bodies insisted Monday.

International Monetary Fund director general Dominique Strauss-Kahn, addressing a conference here, ...

What Is a Global Recession?

2010-11-05T10:30:56Z

...

Reassess IMF deal in October

2010-09-12T01:21:57Z

...

Spending cuts before 2011 could hurt recovery: IMF, ILO

2010-09-03T13:40:51Z

The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery.

"As a general strategy, most advanced economies should not tighten their fiscal policies before 2011, because tightening sooner could undermine recovery," said the agencies in a policy paper issued ahead of a joint conference i...

Hungary Will Maintain Its Ties With the IMF

2010-09-11T12:25:05Z

...

Crisis shuts down Athens stores: traders

2010-08-09T11:15:34Z

The debt crisis and ensuing recession plaguing Greece has shut down some 15 percent of businesses in Athens, a study released by a leading trader association said on Monday.

The research, taking into account over 3,400 shops in both affluent and low-income districts, recorded an average closure rate of 14.8 percent, the national confederation of Greek commerce (ESEE) said.

<...

IMF: U.S. Real Estate Sector Could Bring Banking Crisis 2.0

2010-11-02T12:11:27Z

...

IMF lowers Spain growth forecast, warns of 'fragile' rebound

2010-07-30T12:15:19Z

The IMF on Friday lowered its 2011 growth forecast for the Spanish economy to 0.6 percent from the 0.9 percent it foresaw in April and warned the recovery "is likely to be weak and fragile."

"The particular challenges facing Spain will likely make the recovery slower and more fragile than in the euro area," the IMF said in its latest report on the country's economy.

The

"The particular challenges facing Spain will likely make the recovery slower and more fragile than in the euro area," it said in its latest report on the the country's economy.

The Ireland's economy is forecast to grow 2.3 percent in 2011 after escaping a painful recession earlier this year, the International Monetary Fund said on Wednesday.

The severity of the recession means the eurozone nation's gross domestic product is still expected to shrink by 0.6 percent this year, the IM...

IMF chief sees little risk of double-dip recession

2010-07-13T02:00:16Z

DAEJEON, South Korea (Reuters) - The International Monetary Fund's chief reiterated on Tuesday that strong growth in Asia and Latin America made it unlikely that the global economy would s...

Economic recovery seen struggling amid budget cuts

2010-09-22T13:56:56Z

Britain pushed away from recession with 0.3-percent growth in the first quarter, but is climbing out of a deeper hole than thought and faces a struggle against budget cuts, new data suggests.

Official figures on Monday stood by previous estimates that the economy grew by 0.3 percent in the first three months of the year, building on slight emergence from recession at the end of last year.

But they also showed that th...

Asia must brace for possible economic shocks: IMF

2010-07-12T00:15:38Z

Asian nations must brace for possible threats to the world's economic recovery but a global double-dip recession is unlikely, the International Monetary Fund chief said Monday.

"Policymakers need to remain attuned to negative shocks," said IMF managing director Dominique Strauss-Kahn, citing a potential spillover from the ...

Talking Up Deflation

2010-11-02T12:07:38Z

...

Double Dip Global Recession Can Be Avoided, For Now

2010-11-02T12:07:33Z

...

IMF lifts 2010 world GDP view, flags Europe debt risk

2010-07-07T23:15:43Z

HONG KONG (Reuters) - The International Monetary Fund upgraded its 2010 global growth forecast on Thursday on the back of robust expansion in Asia and renewed U.S. private demand, but warned the e...

Crash Landings

2010-11-02T15:22:51Z

...

Gummeron taking control of recovery

2010-11-02T15:19:43Z

...

Regions must look for global solution

2010-11-02T15:17:16Z

...

IMF chief rules out double-dip global recession

2010-06-29T13:16:06Z

IMF chief Dominique Strauss-Kahn on Tuesday ruled out the immediate prospect of a double-dip recession scuttling the fragile global economic recovery, despite various risks.

The "recovery will go on without a double dip," the IMF managing director said to a question at a forum hosted by the JERUSALEM (Reuters) - The global financial crisis appears to be in its final stages, although some countries are still experiencing a recession, Bank of Israel Stanley Fischer said at an IMF warned Asia Wednesday of the potential spillovers of the European debt crisis, saying it could dampen trade, make capital flows volatile and overheat economies in the region.

"Adverse developments in Europe could disrupt global trade, with implications for Asia given the still important role of external dem...

How the recession is reshaping IT ops

2010-10-27T09:15:44Z

...

Should the U.S. Bail Out Europe?

2010-10-27T06:46:23Z

...

Chapter Two

2010-10-27T06:46:17Z

...

Spain cuts salaries as EU seeks to curb future crises

2010-05-13T09:16:32Z

Europe took steps Wednesday to tame its debt crisis as Spain announced deep cuts to public sector salaries and Brussels sought unprecedented powers to scrutinise national budgets.

At the same time, market sentiment was buoyed by positive European growth figures as several states came out of recession, including Spain, which has been under pressure to...

Europe takes steps to tame debt crisis

2010-05-13T09:16:20Z

Europe took steps Wednesday to tame its debt crisis as Spain announced deep cuts to public sector salaries and Brussels sought unprecedented powers to scrutinise national budgets.

At the same time, market sentiment was buoyed by positive European growth figures as several states came out of recession, including Spain, which has been under pressure to...

Europe pressed to tighten belt amid debt worries

2010-05-13T07:16:30Z

European governments were under pressure on Tuesday to tighten their belts as jitters returned to world markets despite the creation of a giant financial safety net to shore up the euro.

A day after an EU-IMF one-trillion-dollar support plan sparked market euphoria, shares in Irish Prime Minister Brian Cowen arrives at the Royal College of Physicians building in Dublin, Ireland, Wednesday, Dec. 15, 2010. Irish opposition leaders decried the EU-IMF bailout of Irel...

APTOPIX Ireland Financial Crisis

2010-11-18T14:42:56Z

Ajai Chopra, left, Deputy Director of the European Department of the IMF and an unidentified colleague make their way to the the Central Bank of Ireland for crucial talks with the Irish government in Dublin,

Greece Financial Crisis

2010-11-15T03:33:15Z

The European Commission representative Servaas Deroose at the Greek Finance Ministry, in central Athens, on Monday, Nov. 15, 2010. The IMF and European delegation are in...

Greece Elections

2010-11-14T06:01:12Z

A child holds a balloon as his grandmother vote during the second round of municipal and regional elections in Athens, Sunday, Nov. 14, 2010. The sign reads ''Regional Elections 2010'' and ''No preference mark required''. Greeks are voting Sunday in runoffs for local government elections as the crisis-hit country faces renewed pressure to reduce overspending. The vote follows a first round on Nov. 7 that gave Papandreou's Socialists ...

China Global Finance

2010-10-18T06:01:36Z

International Monetary Fund Deputy Managing Director John Lipsky answers a question from journalist during a press conference Monday Oct. 18, 2010 in Shanghai, China. (AP Photo/Eugene Hoshiko)

The latest in International Monetary Fund

Analysis: For euro zone, a year of deleveraging dangerously

IMF says Greece must move faster on reforms

US praises progress in EU debt summit

IMF sees crisis boosting emerging economies role

Italy's PM in austerity race, IMF denies in aid talks

Italy's Monti in austerity race as IMF role eyed

IMF replaces Europe director as debt crisis boils

New Italian, Greek governments race to limit damage

IMF warns rich states may fall back into recession

Comments by policymakers at Cannes G20

Dutch support greater IMF role in euro zone bailout

IMF says China has scope to respond to global risks

Merkel tells Europe to prop up its banks

Maritime firms to struggle with credit squeeze

Global economy weekahead: From a soft patch to quicksand

China urges eurozone to end debt crisis

Geithner wants 'decisive signal' on eurozone debt

G20 assurances fail to convince markets

Recession panic grips global markets

IMF warns global economy in danger zone

African growth to exceed 5% in 2011/12: IMF

IMF warns U.S., Europe could slip into recession

IMF staff see increased funding needs from crisis

EU-IMF audit suspended as Greece overshoots budget

IMF's Lagarde says global economy "on the rebound"

New IMF chief faces challenges as job begins

Strauss-Kahn hidden inside New York safe house

U.S. should heed this potential economic warning

Strauss-Kahn casts shadow over EU debt crisis talks

Iceland's risk from Icesave dispute 'limited': IMF

EU-IMF experts review crisis help for Romania: IMF

New strike called in Greece amid reform warning

Germany to revise up growth forecasts: minister

US housing system a bad model: IMF

IMF urges U.S. budget include Fannie, Freddie costs

IMF sets aside total ?4.6 bn for Romania

Arab turmoil, Dubai glut are risk to UAE economy: IMF

IMF chief says Spain to avoid wider debt woes

IMF chief: European situation remains troubling

IMF chief says Europe debt crisis still serious

Britain's worst economic downturn in 60 years

Tips for achieving economic prosperity

Global Economic Trouble - What does it all mean?

RAISE INTEREST RATES

IMF chief warns global recovery 'in peril' i

Sprouts already withered?

IMF calls for unity ahead of G20

Fed's Rosengren calls for stronger policy on dividends

US faces weak recovery from Great Recession: IMF

IMF: Europe needs to wean banks off crisis support

An End to the Credit Rating Addiction

Are Banking Crises Becoming More Frequent?

IMF chief: world recovery sluggish, jobs worrisome

IMF taps eight billion dollars for low-income countries

Crisis not over until job picture improves: IMF-ILO

What Is a Global Recession?

Reassess IMF deal in October

Spending cuts before 2011 could hurt recovery: IMF, ILO

Hungary Will Maintain Its Ties With the IMF

Crisis shuts down Athens stores: traders

IMF: U.S. Real Estate Sector Could Bring Banking Crisis 2.0

IMF lowers Spain growth forecast, warns of 'fragile' rebound

IMF chief sees little risk of double-dip recession

Economic recovery seen struggling amid budget cuts

Asia must brace for possible economic shocks: IMF

Talking Up Deflation

Double Dip Global Recession Can Be Avoided, For Now

IMF lifts 2010 world GDP view, flags Europe debt risk

Crash Landings

Gummeron taking control of recovery

Regions must look for global solution

IMF chief rules out double-dip global recession

How the recession is reshaping IT ops

Should the U.S. Bail Out Europe?

Chapter Two

Spain cuts salaries as EU seeks to curb future crises

Europe takes steps to tame debt crisis

Europe pressed to tighten belt amid debt worries

APTOPIX Ireland Financial Crisis