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.
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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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Focus
With no jobs in the city, country life is coming back to SpainAfter decades of population loss to cities, rural areas in Spain – and across Europe – have been gaining allure as havens from the ongoing recession.
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Greece starts firing civil servants for first time in a century
The Greek government began its first mass-firing of public-sector workers in more than 100 years this week, part of an effort to lay off 180,000 by 2015 under Europe-imposed austerity.
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The Reformed Broker Is Europe backing away from austerity?
Europe's leaders may be revisiting austerity policies in the face of slow economic growth and weak public support. Will that lead to concrete changes?
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Global News Blog Pakistan won't have Musharraf to kick around anymore
General Musharraf was a somewhat benign autocrat who wanted to be like Ataturk; but his return from exile to get elected in the top job, smacks of miscalculation.
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Southern Europe digs in against further austerity, as IMF calls for relief
But the EU has little room to give, as Europe waits for signals from September elections in Germany – the ultimate decider of Europe's economic direction.
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Stocks down on signs of global economic slowdown
Stocks fell on Wall Street Wednesday as evidence of a slowing global economy grows. The drop comes just one week after US stocks hit an all-time high.
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Europe indicates it's sticking with austerity. But is that working?
Herman Van Rompuy said on Monday that Europe would hold the course on austerity, but experts say there has been too little focus on growth and a lack of actual reforms.
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More pain for Portugal? High court ruling threatens 2013 budget, recovery
Portugal's Constitutional Court ruled Friday that a fifth of the government's planned budget cuts were unconstitutional, in part because they were discriminatory and retroactive.
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Margaret Thatcher, Iron Lady, transformed Britain
For admirers, Margaret Thatcher was a savior who rescued Britain from ruin and laid the groundwork for an extraordinary economic renaissance. For critics, she was a heartless tyrant who ushered in an era of greed that kicked the weak out onto the streets and let the rich become filthy rich.
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Tax VOX Stockton to enter bankruptcy. What happens next?
Stockton, Calif., will be the largest US municipality to enter bankruptcy. The question, Gordon writes, is: Who will be left holding the bag?
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Tax VOX Corporate tax reform is more complicated than politicians think
Corporate tax reform is not a bad idea, Gleckman writes, but it may be harder than either President Obama or key Republicans want to admit.
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Focus
Bread riots or bankruptcy: Egypt faces stark economic choicesEgypt needs IMF money to stay afloat, but the international lender is demanding tough subsidy cuts from an already-embattled government.
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Portugal spats jeopardize economic improvement in Europe's shaky south
The prime minister's recent threat to resign has raised worries that Portuguese politicians may be engaging in brinksmanship tactics that could endanger the fragile economy.
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Backchannels In Indonesia, and Southeast Asia, the return of optimism – and the bankers.
Building booms, easy credit, and predictions that it can only get better from here. Shades of 1996.
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Decoder Wire Caroline Kennedy: Good or bad choice for US ambassador to Japan? (+video)
Caroline Kennedy has largely shunned public political life, spending much of her time working at nonprofit organizations. Is it a good idea to send someone with little diplomatic experience as envoy to an important US ally?
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Bank of Cyprus: Big depositors may lose 60 percent
Bank of Cyprus depositors with more than 100,000 euros will get hit with an initial 37.5 percent penalty. Another tax of up to 22.5 percent could be imposed, depending on what the Bank of Cyprus needs to build up its reserves.
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Energy Voices IMF: End energy subsidies
Global energy subsidies reinforce inequality by benefiting the wealthiest, largest consumers of energy, the International Monetary Fund says in a new report. But eliminating them is politically difficult, especially in times of economic hardship.
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Tunisians invoke Macbeth to warn against a return of toil and trouble
A Tunisian playwright has adapted the Shakespeare tragedy – in which Macbeth's drive for power brings moral decline and war – to warn that political infighting could bring back darker days.
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As Hungary's electoral campaigns kick into gear, public apathy abounds
Hungary's right-wing ruling party Fidesz and its Hungarian Socialist opposition are already trading barbs ahead of 2014 elections. But Hungarians are increasingly unimpressed by both.
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Africa Monitor Why an African pope might not signal change of course for the church
There have been popes from Africa before and Catholicism on the continent is currently characterized by deep social conservatism.
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The Monitor's View: Illinois and Greece as penitent cookers of books
The SEC exposes Illinois's misleading reports on pensions while Greece cleans up its financial data to help end the euro crisis. Clean accounting, like light on a dark street, helps eliminate financial deceit.
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Why the US will fare better than Europe in economic recovery
In an interview, the former president of Chile, Ricardo Lagos, says that today’s global financial crisis is mainly a political failure rather than an economic one. The US will probably do much better in its financial recovery because its central bank, unlike Europe’s, has the powers it needs.
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Tunisia's Al Nahda unveils new cabinet in latest bid to placate critics
Eager to tamp down political instability, Tunisia's ruling Al Nahda party announced a new cabinet today that it hopes will allow the party to focus on political reform and the economy.
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What is Hugo Chávez's legacy in Venezuela? (+video)
President Hugo Chávez so dominated the identity of oil-rich Venezuela during his 14-year tenure that the political current of his supporters bears his name: chavismo.
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Focus
Will China, Japan, and South Korea hit the 'reset' button for Asia?In a historic moment of coincidence, new leaders are taking the helm in China, Japan, and South Korea, providing an unprecedented moment for the region to refresh relations.
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