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The dollar plunged on Monday after G-20 finance ministers did not address the dollar slide and agreed to maintain the stimulus programs for the foreseeable future. Full Article at International Business Times
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Dollar's selloff continues throughout the day with dollar index breaking through 74.94 low made in October to as low as 74.93 so far. Full Article at International Business Times
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International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shakes hands with Argentina's Economy Minister Amado Boudou during a meeting at the Istanbul Congress Center October 6, 2009. View Photo »
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The IMF, which has been asked to make recommendations on this, has traditionally opposed such a tax and now seems to be steering the G20 towards a weak option which would not generate many funds nor make banks help to pay for the crisis they caused. This would only add to the enormous burden working peo...
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"Brown retreats on tax plan", the Financial Times splashed yesterday. Balderdash, riposted Downing Street, or words to that effect: "We are resolute." Full Article at Guardian Unlimited
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By James Marson KIEV, Ukraine -- Ukraine's feuding political leadership will meet Tuesday in an attempt to thrash out a deal to secure much-needed further lending from the International Monetary Fund.The IMF has called for political consensus after... Full Article at Wall Street Journal
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BEIRUT: The World Bank estimated remittances into Lebanon at $7 billion in 2009, or nearly 22 percent of the entire MENA’s remittances. Full Article at Lebanon Daily Star
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Turkish protestors chant slogans during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009. View Photo »
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As such, the higher gold prices rise, the less likely China will be interested in IMF gold, in our view, and the less likely the remainder of the sales will be completed 'off-market' in 2009-10
SOURCE: Financial Post -
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Tuesday, November 10, 2009 Dr Ashfaque H Khan Political instability and economic performance are inversely related. Unstable political environment reduces investment, slows economic growth and gives rise to unemployment and poverty. Full Article at The News
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India’s central bank taking 200 tonnes (6.4 million oz) of gold from the IMF in an off market trade has certainly lit a fire under the yellow metal. Full Article at The Market Oracle
About International Monetary Fund
Wikipedia
The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. Full Article
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International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shakes hands with Argentina's Economy Minister Amado Boudou during a meeting at the Istanbul Congress Center October 6, 2009.
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Turkish protestors chant slogans during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009.
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Turkish protestors face riot police during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009.
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International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shakes hands with the incoming Development Chairman Ahmed Bin Mohammed Al Khalifa at the Istanbul Congress Center October 6, 2009.
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Turkish protestors vandalize a bank during a anti-International Monetary Fund (IMF) and World Bank protest on Taksim square in Istanbul on October 6, 2009. Turkish riot police broke up the demonstration by some 1,500 young protestors against the IMF and World Bank annual meetings.
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A protester waers a mask during a anti-International Monetary Fund (IMF) and World Bank protest on Taksim square in Istanbul on October 6, 2009. Turkish riot police on broke up the demonstration by some 1,500 young protestors against the IMF and World Bank annual meetings.
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Turkish riot police disperse protesters during a anti-International Monetary Fund (IMF) and World Bank protest on Taksim square in Istanbul on October 6, 2009. Turkish riot police on broke up the demonstration by some 1,500 young protestors against the IMF and World Bank annual meetings.
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Turkish protestors fight riot police during a anti-International Monetary Fund (IMF) and World Bank protest on Taksim square in Istanbul on October 6, 2009. Turkish riot police broke up the demonstration by some 1,500 young protestors against the IMF and World Bank annual meetings.
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A handout photo provided by the International Monetary Fund (IMF) shows International Monetary Fund's Managing Director Dominique Strauss-Kahn (2nd R) shaking hands with Secretary of State for Economy, Planning, and Development Juan Temistocles Montas dominguez of Dominican Republic (L)...
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A handout photo provided by the International Monetary Fund (IMF) shows International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) shaking hands with Bahrain's Finance Minister Ahmed Bin Mohammed Al Khalifa (L) at the Istanbul Congress Center October 6, 2009 in Istanbul,...
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A handout photo provided by the International Monetary Fund (IMF) shows International Monetary Fund's Managing Director Dominique Strauss-Kahn (L), Egyptian Finance Minister and Chairman of the IMFC Youssef Boutros-Ghali (2nd L), Egyptian Minister of Investment Mahmoud Mohieldin (2nd R)...
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International Monetary Fund's Managing Director Dominique Strauss-Kahn (L), Egyptian Finance Minister and Chairman of the IMFC Youssef Boutros-Ghali (2nd L), Egyptian Minister of Investment Mahmoud Mohieldin (2nd R) and World Bank President Robert Zoellick (R) shake hands after signing...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's Managing Director Dominique Strauss-Kahn speaks at the Opening Plenary of the 2009 IMF and World Bank Annual Meetings at the Istanbul Congress Center on October 6, 2009 in Istanbul, T...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's World Bank President Robert Zoellick (L), Turkey's Prime Minister Recep Tayyip Erdogan (C), International Monetary Fund's Managing Director Dominique Strauss-Kahn (R) make their way t...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's Chairman of the Board of Governors Nguyen Van Giau (L), World Bank President Robert Zoellick (2nd L), Turkey's Prime Minister Recep Tayyip Erdogan (2nd R) and International Monetary F...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's Turkey's Deputy Prime Minister Ali Babacan (L), World Bank President Robert Zoellick (2nd L), Turkey's Prime Minister Recep Tayyip Erdogan (2nd R) and International Monetary Fund's Ma...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's Managing Director Dominique Strauss-Kahn speaks at the Opening Plenary of the 2009 IMF and World Bank Annual Meetings at the Istanbul Congress Center on October 6, 2009 in Istanbul, T...
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ISTANBUL, TURKEY - OCTOBER 6: In this handout image supplied by the IMF, International Monetary Fund's Turkey's Deputy Prime Minister Ali Babacan (L), Chairman of the Board of Governors Nguyen Van Giau (2nd L), World Bank President Robert Zoellick (C), Turkey's Prime Minister Recep Tay...
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Protesters shout during a demonstration against the International Monetary Fund and World Bank in central Istanbul October 6, 2009.
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International Monetary Fund (IMF)'s Managing Director Dominique Strauss-Kahn speaks at the Opening Plenary of the 2009 IMF/World Bank Annual Meetings at the Istanbul Congress Center October 6, 2009.
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International Monetary Fund Managing Director Dominique Strauss-Kahn speaks at the Opening Plenary of the 2009 IMF/World Bank Annual Meetings at the Istanbul Congress Center October 6, 2009.
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A handout photo provided by the International Monetary Fund (IMF) shows World Bank President Robert Zoellick (L), Turkish Prime Minister Recep Tayyip Erdogan (C) and IMF Managing Director Dominique Strauss-Kahn making their way on October 6, 2009 to the annual meetings of the Internatio...
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A handout photo provided by the International Monetary Fund (IMF) shows IMF Managing Director Dominique Strauss-Kahn addressing on October 6, 2009 the annual meetings of the International Monetary Fund and World Bank in Istanbul.
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International Monetary Fund Managing Director Dominique Strauss-Kahn speaks at the Opening Plenary of the 2009 IMF/World Bank Annual Meetings at the Istanbul Congress Center October 6, 2009.
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A handout photo provided by the International Monetary Fund (IMF) shows IMF Managing Director Dominique Strauss-Kahn addressing on October 6, 2009 the annual meetings of the International Monetary Fund and World Bank in Istanbul.
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Turkish protestors chant slogans during a anti-International Monetary Fund (IMF) and World Bank protest near the summit area in Istanbul on October 7, 2009.
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The IMF, which has been asked to make recommendations on this, has traditionally opposed such a tax and now seems to be steering the G20 towards a weak option which would not generate many funds nor make banks help to pay for the crisis they caused. This would only add to the enormous burden working peo...
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As such, the higher gold prices rise, the less likely China will be interested in IMF gold, in our view, and the less likely the remainder of the sales will be completed 'off-market' in 2009-10
SOURCE: Financial Post -
Part of this is a bit of a flow on effect from the G20, basically the inference of any strong US dollar comments and there was the IMF report over the weekend suggesting the US dollar was still on the strong side
SOURCE: The Age -
The IMF expects Japan's gross public debt to reach 218pc of gross domestic product (GDP) this year, 227pc next year, and 246pc by 2014.
SOURCE: Town Hall -
India's surprise purchase was bullish in two ways: quickly removing half of the IMF's announced sales, as well as raising the chance that the entire remaining supply could be sold off-market, with China still the most obvious potential purchaser
SOURCE: Houston Chronicle -
There is a possibility that Saudi Arabia could lose its Board Seat at the IMF but I think that will probably not happen
SOURCE: Knowledge@Wharton -
It's really the comments that were attributed to the IMF as well as the G20 that have had the U.S. dollar under pressure
SOURCE: Financial Post -
I am convinced that the IMF will not give Ukraine the (fourth) tranche
SOURCE: Reuters Alert Net -
It's evident that it is impossible to keep ignoring the IMF program and receiving its assistance
SOURCE: RIA Novosti -
I am convinced the IMF will not provide... the tranche to Ukraine as [the government] fully ignores the memorandum
SOURCE: RIA Novosti -
Prime Minister Manmohan Singh is doing so, to divert the attention of public from burning issues like price rise, rampant corruption at all levels, growing unemployment, land grabbing in the name of industrialization, failure of his economic policy etc and simultaneously push his IMF-based economic agen...
SOURCE: Hindustan Times -
While the absolute level of these purchases was rather limited at an estimated 5 tonnes, it again confirmed some of the rumors that have been driving gold higher earlier in the week following India's 200 tons gold purchase from the IMF
SOURCE: International Business Times -
Most central banks outside of the US and Europe have low gold reserve ratios ... Those central banks with low reserve ratios and are keen to diversify into gold, notably those located in Asia, will be potential candidates to buy the remainder of the IMF's 203.3 tonnes of gold in an off-market purchase.
SOURCE: Economic Times -
People say that the EU is not a country and only countries can have IMF seats, but that doesn’t really stand now that you’ve got Lisbon. The treaty makes the EU as much a single federal entity as some other IMF members.
SOURCE: The Telegraph -
should dare to imagine an African world not defined by the World Bank or the International Monetary Fund but one that comes out of Africa
SOURCE: Inter Press Service -
It is significant to note that the IMF intends to sell 403 tonnes of gold and it is a no-brainer to venture a guess as to who will be the main buyer. China is desperate to unload its US toilet papers for gold and it has to be done carefully, as such sales ‘will be accommodated within the above ceilings....
SOURCE: The Market Oracle -
Even the IMF projects that Indonesia will be able to reach an economic growth of 4.3 per cent this year next to China and India.
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It would be Cheaper for China to buy domestically mined Gold than purchase Bullion the International Monetary Fund is seeking to sell
SOURCE: International Business Times -
Having said that, I think China still should buy some IMF gold this time, and it might indeed do so, but it's unlikely to take all the 200 tonnes that are left as the price is obviously not particularly appealing
SOURCE: Economic Times -
The IMF is slated to sell another 200 metric tons of gold, and many analysts expect China to be a significant buyer. The Russian central bank has also expressed interest in expanding its gold hoard.
SOURCE: On Point -
The British diplomat reviewed Iraq's excellent relations with the International Monetary Fund and the World Bank, mainly in training the Iraqi cadres
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It is extraordinary that the European Commission, the OECD, the IMF all have said there is a clear way out for Ireland and that is to resolve our banking crisis, address our public finances and restore our competitiveness
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Gold is still benefiting from news that, at the end of October, India bought 200 tonnes of gold from the IMF at market prices
SOURCE: Zawya.com
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