Topic: International Monetary Fund
Visiting a manufacturing plant in Youngstown, Ohio, President Obama said the $787 billion Recovery Act helped avert a possible depression. Critics – especially Republicans – aren't so sure.
05/18/2010 08:16 pm
Stocks and the euro fell on Monday, amid continuing worries that a $140 billion bailout for Greece won't stave off a broader eurozone credit crisis. The first politician was ousted in response to the Greek debt crisis.
05/17/2010 04:48 pm
According to the IMF's latest Fiscal Monitor report, US debt has a much shorter average maturity than other nation's, opening it up to far greater long-term risks.
05/17/2010 02:04 pm
As NATO gets a strategic overhaul, Western allies must rebuild an international order that protects and promotes prosperity and security in the 21st century.
05/17/2010 01:16 pm
The Greek bailout package sets the stage for far greater problems down the road.
05/12/2010 12:55 pm
The US put $700 billion into a bailout of US banks during the financial crisis. Now the nations of the euro zone are proposing a similar bailout fund – €750 billion – to deal with the Greek debt crisis.
05/10/2010 08:58 pm
While it doesn't solve the Greek debt crisis, the EU rescue plan will give indebted nations time to pare their debt.
05/10/2010 07:01 pm
The Dow average was up by more than 340 points as of early Monday afternoon. Investors were relieved to see European leaders agree on a Greece debt plan.
05/10/2010 03:29 pm
Markets across the world soared after the European Central Bank promised the creation of a $955 billion rescue fund for eurozone countries with debt problems. But some economists are worried about moral hazard – bailouts leading to reckless spending.
05/10/2010 03:25 pm
As the Greek debt crisis rocks the eurozone, European Central Bank President Jean-Claude Trichet downplayed fears that Portugal and Spain would need to be bailed out.
05/07/2010 05:38 pm