IMF says the world needs to commit $50 billion to combat the pandemic

IMF says the world needs to commit $50 billion to combat the pandemic

By Anna Domanska - May 24, 2021

The International Monetary Fund, IMF, says that the world would need $50 billion to fight the pandemic. It proposes that the commitments from the various countries and agencies can

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China's Yuan ranks among top five world payment currencies

China's Yuan ranks among top five world payment currencies

By Carrie Ann - Jan 28, 2015

China’s yuan has moved into the ranks of the top five world payment currency in November, with the value of cross-border deals settled in it more than doubling in 2014, globa

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IMF pushes China to introduce essential reforms as it cuts growth outlook

IMF pushes China to introduce essential reforms as it cuts growth outlook

By Anna Domanska - May 29, 2013

It may come as no surprise that the IMF decided to downgrade its growth outlook for China. The revision was driven by weak global economic conditions and unsatisfactory results rec

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IMF has few words of advice for Asia economies

IMF has few words of advice for Asia economies

By Anna Domanska - Apr 29, 2013

The International Monetary Fund believes that the Asia’s economy is to witness strong growth in 2013 due to healthy domestic demand. Yet the IMF has a few words of advice for Asi

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Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

By Jay Raol - Sep 12, 2011

When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this debt-ridden Euro nation, as well as the rest of the Eurozon

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EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

By Tom Parker - Jun 20, 2011

“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted in a worrisome situation, with finance ministers of European

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What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

What will IMF chief Strauss-Kahn's arrest mean for Eurozone aid?

By Jay Raol - May 16, 2011

The arrest on Saturday of IMF chief, Dominique Strauss-Kahn, has sparked off intense speculation as to how much this incident will affect the scale and generosity of the bail-out p

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Euro, European Markets fall on fears of Greece Ditching the Euro

Euro, European Markets fall on fears of Greece Ditching the Euro

By Tom Parker - May 10, 2011

The Euro and European Markets dropped to new lows amid fresh concerns over Greece’s persistent debt issues, related worries regarding an impending financial recession and specula

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