Topic: International Monetary Fund
Top galleries, list articles, quizzes
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Briefing
Where does Haiti stand three years after its 7.0 earthquake?
After billions of dollars in aid spent to help Haiti 'build back better' from its devastating earthquake on Jan. 12, 2010, hundreds of thousands are still without homes.
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For these four nations, 2012 is worse than the Great Recession
The Great Recession of 2008/09 delivered the worst blow to the global economy since the 1930s. But in a few nations, 2012 is turning out to be worse than 2009 in terms of economic growth. Europe's debt crisis, the general slowing of the world economy, and domestic political troubles have played a role in undercutting 2012 growth for one or more of these four nations. Can you guess who they are?
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Focus
Recession in America? 10 questions assessing the threat.
Concerns about weak economies in Europe have already rattled global financial markets, and things are hardly rosy at home. Is America heading into a recession? Here are answers to 10 questions about that risk.
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Briefing
What would happen if Greece exited the eurozone?
Rumors are rife of a Greek exit from the eurozone. While no country has yet dropped the common currency, there are some indications of what will transpire if Greece does.
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France presidential elections: the candidates challenging Sarkozy
French President Nicolas Sarkozy is fighting for reelection in the April 22 presidential poll. Here are the top 5 presidential candidates.
All Content
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Dow breaks 13000 but can't stay there
The Dow rose 15 points to close at 12965, just shy of the 13000 mark that it crossed earlier Tuesday. It was the first time the index had reached that mark since 2008.
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Greek bailout: 5 key conditions set by EU
European Union leaders agreed to a €130 billion ($172 billion) bailout deal for Greece early this morning after a long night of negotiations. Here are five key elements of the bailout deal.
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Stock market: After almost 4 years, Dow cracks 13000
The stock market hit a big milestone Tuesday, as the Dow Jones industrial average hit 13000 for the first time since 2008. The stock market got the final push from strong corporate earnings reports and a Greek bailout deal.
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Greeks greet debt deal with relief, but dread sacrifices ahead
The EU agreed to give Greece a $170 billion bailout, rescuing the country from a default next month. But after five years of recession, the economic outlook is still not promising.
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As Greece awaits bailout, southern Europe seethes
European governments are expected to sign off on a second bailout for Greece today. But conditions set on rescue money have fueled populist unrest in southern Europe.
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The New Economy US recovery real – but vulnerable
US recovery could get derailed by recession in the eurozone, a slowdown in China, or both. Both threats loom large over the nascent US recovery.
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Business in Burma: Show me the money, but only if it's crisp
It may take more than a lifting of sanctions to revive Myanmar's isolated economy.
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Will 2012 be the Year of the African Despot, again?
Senegal's Wade plans to run for president, despite a constitutional ban. Zimbabwe's Mugabe is banning NGOs ahead of presidential polls in 2013.
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Forget about preventing default in Greece, control it, says Europe
Though Athens is still taking steps to contain the damage, most of Europe is skeptical that Greece will dodge a default.
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Africa Rising: Ethiopia moves to diversify exports
In an effort to move beyond just coffee, Ethiopia now exports leather, vegetables, flowers, and yes, the occasional bottle of wine.
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Despite riots, Greece pushes ahead with austerity (+video)
The Greek Parliament voted last night to slash the minimum wage and public sector jobs in exchange for a bailout, despite public fury that led to Molotov cocktails and tear gas.
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Rioting, fires break out in Athens amid protests against Greek austerity
Rioting broke out in Athens, with fires engulfing multiple buildings, as Greek citizens protested against a government plan to slash wages and eliminate government jobs in exchange for an international bailout.
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The Greek debt conundrum, explained
The Greek parliament will vote on further austerity measures Sunday – the latest effort to alleviate a crisis that has careened between an EU bent on austerity and a resistant Greek public.
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Greeks hit the streets, comparing latest austerity measures to dictatorship
Greek leaders say the country has no choice but to adopt the latest round of austerity measures, but eurozone leaders are skeptical Greece will follow through.
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Why Egypt may not care about losing US aid
Some say that Egypt's military rulers may be willing to forgo $1.3 billion in aid if it means a boost in popularity.
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In Ireland, EU treaty on debt remains in doubt
If Ireland rejects a recent EU treaty in a national referendum, it could undermine the fiscal compact Europe is hoping will bring the debt crisis under control.
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Greece secures last-minute bailout deal, but it will hurt
Greece has agreed to implement painful austerity measures – including a 22 percent cut in the minimum wage – in order to receive the money it needs to pay off debt due in March.
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Stocks fall as Greek debt talks drag
The Dow fell 17 points to close at 12845 as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans.
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Now Romania: Another European government falls amidst eurocrisis
Romania's government collapsed today – the latest European government to give way amid popular resentment toward austerity measures.
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Hamas and Fatah overcome key roadblock to reconciliation (+video)
Fatah leader Mahmoud Abbas and Hamas chief Khaled Meshal agreed in Qatar today that Mr. Abbas would lead an interim powersharing government.
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Stock market: Futures slide on Greek indecision
Stock market looks to open lower as emergency talks fail to produce Greek rescue package. A disorderly Greek default could send shock waves through the stock market.
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Strong manufacturing data boosts stocks
Stocks climbed Wednesday after strong manufacturing data and encouraging reports about the Greek debt crisis. The Dow rose 83 points to close at 12716.
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The Daily Reckoning Creating more debt won't solve the economic crisis
World banks are trying to solve the financial crisis the same way they caused it — by creating more debt.
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Top 4 threats against America: the good and bad news
America’s top spy chiefs and intelligence experts come together every year to share their best guesses about the biggest threats that will face the country in the year ahead. Here are the top four pieces of good and bad news to come out of the annual threat-assessment hearing in Congress Tuesday.
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Stocks fall. Greece weighs on markets.
Stocks are down in Asia and Europe ahead of a key European summit. S&P futures are also lower. Investors shun stocks as concerns linger about Greece's long-term solvency.
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