The International Monetary Fund says that global financial stability has improved over the last several months with the easing of the European debt crisis, but not so much as to ensure long-term economic growth. An IMF senior official, Jose Vinals, said Wednesday in Washington that a new financial bailout for Greece and a European rescue […]
IMF: Financial Stability Improved, but Not Assured Long-term
Posted April 18th, 2012 at 10:00 am (UTC-5)
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IMF: Growth Resuming, Dangers Remain
Posted April 17th, 2012 at 12:50 pm (UTC-5)
(Updates headline, fixes typo in graf 2, new info grafs 5 & 6) The International Monetary Fund is a little more optimistic about global economic growth as European nations have taken action to cope with their debt crisis, and the U.S. economy grew a little faster. Speaking about the IMF’s “World Economic Outlook” on Tuesday, […]
IMF: Global Economic Growth 3.5% This Year
Posted April 17th, 2012 at 9:40 am (UTC-5)
The International Monetary Fund is a little more optimistic about global economic growth as European nations have taken action to cope with their debt crisis, and the U.S. economy grew a little faster. Speaking about IMF’s “World Economic Outlook” on Tuesday, research director Oliver Blanchard said the global economy has been on a “roller coaster” […]
World Bank Chooses US Candidate Kim as Next President
Posted April 16th, 2012 at 6:15 pm (UTC-5)
The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously, he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]
World Bank Chooses US Candidate Kim as Next President
Posted April 16th, 2012 at 4:35 pm (UTC-5)
The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously, he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]
World Bank Chooses US Candidate Kim as Next President
Posted April 16th, 2012 at 4:00 pm (UTC-5)
The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]
World Bank Chooses US Candidate Kim as Next President
Posted April 16th, 2012 at 1:25 pm (UTC-5)
The directors of the World Bank have named another American, Jim Yong Kim, to be the president of the global development agency. Dr. Kim is a physician, anthropologist, and president of Dartmouth College. Previously he ran United Nations’ efforts to fight AIDS, created a non-governmental organization to promote health care for impoverished nations, and taught […]
OECD Sees World’s Developed Economies Strengthening
Posted April 10th, 2012 at 11:30 am (UTC-5)
A new report says the world’s developed economies appear headed for stronger growth in the coming months, with China advancing as well. The Paris-based Organization for Economic Cooperation and Development said Tuesday that its gauge of future economic growth in its 34 member nations edged up in February for the fourth straight month. The OECD […]
World Bank Finds Vietnam Faces Future Urban Woes
Posted April 9th, 2012 at 3:50 am (UTC-5)
A new World Bank report says rapid urbanization in Vietnam’s main cities is driving home ownership out of reach of most residents and raising the threat of transportation gridlock. The report, titled Vietnam Urbanization Review, notes that no country has reached high-income status without first becoming urbanized. In Vietnam, it says, urban population growth is […]
IMF Chief Lays Out Agenda for Global Recovery
Posted April 4th, 2012 at 4:30 am (UTC-5)
The head of the International Monetary Fund is warning world leaders against a false sense of security as the global economy recovers from its hardest winter in a generation. Speaking in Washington Tuesday, IMF Managing Director Christine Lagarde said she sees welcomes signs of a thaw in the world economy compared to a few months […]
