Tag Archives: International Monetary Fund

17Aug/16

Zambian president’s inauguration delayed until court rules on vote

Law bars inauguration while court challenge pending.
Lungu won 50.35 pct against 47.63 pct for Hichilema
Main opposition party to dispute outcome in court
Lungu says ‘no time for honeymoon’ to rebuild economy
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15Apr/16
Union Jack flag flutters next to European Union flags

10-week countdown to Brexit vote

A ten-week countdown to the UK Brexit referendum begins with the launch of the official campaigns by both sides in the debate. As Julian Satterthwaite reports, it comes amid more warnings on what it could all mean for the UK economy and financial sector. Continue reading

03Jan/16

A review of how African economies performed in the second half of 2015

African growth was at its weakest in six years and analysts warned that things could get worse if the global economy continues to struggle. The IMF reported that the continent was likely to grow 3.75 percent this year and 4.25 percent next, a big drop from the years before and after the 2008/2009 financial crisis. China’s investment slowdown, and low commodity prices affected support to growth.

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30Nov/15

IMF approves China’s yuan for benchmark currency basket

International Monetary Fund chief Christine Lagarde announces the Chinese Yuan will be added to the Special Drawing Rights (SDR) basket alongside the dollar, euro, pound sterling and yen.
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30Sep/15

IMF: Softness in global economy to extend into 2016 as developing world drags

Speaking at the Council of the Americas, IMF Managing Director Christine Lagarde says China needs to keep trying to rebalance its economy away from commodity-intensive investment but also must be careful to safeguard “demand and financial stability.”

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31Aug/15

Merkel warns Germans that migrant crisis won’t be resolved soon

Germany’s Merkel says on migrant crisis that Germany faces a long-term challenge and that Germans must show flexibility.

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13Jul/15

IMF’s Lagarde says agreement found on Greece

IMF Managing Director says on leaving mammoth talks in Brussels that an agreement has been found to move forward with a third Greece bailout deal.

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01Jul/15

UK stock markets calm despite Greek default

UK traders consider the consequences of a possible ‘Grexit’ on the European markets.

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30Jun/15

Analyst says Germany playing “dangerous game of chicken” with Greece

As Greece pleads for a short-term bailout extension to avert a midnight default, a U.S. analyst says Germany must urge the IMF to offer some sort of face-saving measure for Greece or risk further economic fallout.

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12Jun/15

DSK acquitted of “aggravated pimping”

(REUTERS) – It was expected and now it’s official.

Dominique Strauss-Kahn’s lawyer leaves a French court with the news of his client’s acquittal.

DSK, as he’s known in France, was found not guilty of hiring prostitutes for a party he and others attended.
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