Topic: International Monetary Fund

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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.
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?
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.
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.
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

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.
Backchannels Egypt bars Americans from leaving: What's going on here?

Egypt's military rulers escalated a dispute over US-funded NGOs by barring some American employees from leaving the country, including the son of Transportation Secretary Ray LaHood.
The Daily Reckoning Is lower consumer demand actually a problem?

‘Demand fear’ is the worry that there aren’t enough people who want things and have the money to pay for them. But why not be satisfied with the demand as it is?
The New Economy Davos meeting: Gloomy about economy, worried about capitalism

The annual World Economic Forum in Davos, Switzerland, will discuss not only the Europe's debt woes but also the future of capitalism. Even some billionaires in Davos are worried about income inequality.
Opinion: European Union test case: stop Hungary from backsliding on democracy

It's hard to love the EU – bureaucratic, legalistic, mired in gridlock. The euro crisis hasn't earned it much praise lately, either. But the EU still has vital clout. It can help force member states like Hungary to stick to democracy, rather than backslide into dictatorship.
Who is Mansoor Ijaz? The US businessman behind Pakistan's 'Memo-gate'

A whistle blowing hero to some, a villain doing the Pakistan military's dirty work to others, Ijaz is above all a mysterious anomaly.
IMF predicts European recession will slow global economy

The International Monetary Fund is warning against deep budgetary cuts and extreme austerity measures.
IMF: $650 billion isn't enough for the European bailout fund

European finance ministers agreed to move up the launch of a permanent bailout fund by a year, but the fund is still too small, according to the IMF.
Greece, private investors struggle to agree on high-stake debt deal

The Greek government and private investors are locked in negotiations over how much Greek debt private investors will write off.
The New Economy Eurozone solution: Save banks, not nations

The eurozone needs an enforcer who can tell lawmakers what they don't want to hear: They have to let some eurozone nations fail and make sure eurozone banks don't.
Opinion: European debt crisis: Germany's fight against Keynes

The European debt crisis provides Germany the opportunity to preach its disciplined approach to monetary policy. Should it succeed in remaking Europe in its monetary image, Europe will prosper. Those who follow the Anglo-American model of Keynsian loose money must fall in line.
Africa Monitor Africa's single currency, the CFA Franc, in a Post-euro Future

The single-currency zone, stretching from Senegal to the Central African Republic, links eight countries and 123 million people. Will it survive if the Euro crashes?
Europe's debt crisis: 5 ways it's been put to good use

Europe’s debt crisis has roiled financial markets and populations. But beyond nationwide strikes and gyrating markets, Europe has put its crisis to good use. Here Jacob Funk Kirkegaard, a research fellow at the Peter G. Peterson Institute for International Economics points out five trends that will ultimately strengthen the European Union and the euro currency.
Strong housing report boosts stocks

The Dow and the S&P 500 had their highset closing numbers since July, propelled by a surprisingly strong report on the housing market and the possibility of more money for the International Monetary Fund. The Dow rose 96 points to close at 12578, and the S&P gained 14 points to end the day at 1308.
Greece lurches closer to collapse

Greece could finally default in March when massive bond payments are due.
In Romania, protesters find voice after years of apathy

On Tuesday, Romania's government moved to reinstate a popular minister whose resignation triggered days of protests. Frustration over corruption and austerity has been building.
Occupy Nigeria victory: president to cut fuel prices

The initial removal of an estimated $7 billion annual fuel subsidy impacted an entire population and crippled the Nigerian economy.
Spain, Italy on the mend? Investors make it easier to borrow

Spain and Italy hit their borrowing targets today, benefiting from favorable lending rates that signal eurozone investors' cautious confidence.
Africa Rising: Jeffrey Sachs says Ghana's future looks bright

Because of good governance in the past, and now oil production, Ghana is likely to reach all of the Millennium Development Goals toward ending extreme poverty and child mortality.
Stocks fall on Europe woes

Stocks down in Europe ahead of key European bond auctions. Futures point to lower open for stocks in US.
Hungary turns away from democracy

Hungary has seen a stunning consolidation of power under President Orban. A new Constitution that took effect Jan. 1 appears to confirm a move toward more authoritarian rule.
Nigerians feel pinch as fuel strikes take a toll

Nigerian President Goodluck Jonathan has drawn praise from economists for cutting a costly fuel national subsidy, but citizens have responded with rolling strikes that have shut down cities around the country.
Africa Monitor Why Nigerians are in an 'occupy' mood (+video)

It would be unacceptable to citizens anywhere if the price of gasoline doubled overnight without warning, argues guest blogger Jeremy Weate.
Global News Blog As economies teeter, leaders in Europe warn against extreme populism

Responding to a question on the latest European economic crisis in Hungary, Italy's minister of economic development warned: 'Our worst enemy right now is populism.'
5 clues to what 2012 holds for Latin America's economy

The general opinion is that while the economic outlook for Latin America in 2012 is not as rosy as it has been in the past, it's not a bad one.