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The market was unexpectedly volatile despite Thanksgiving holiday in the US. Dubai authorities' call for a restructuring of debt issued by state-owned companies triggered worries about sovereign risk. Full Article at International Business Times
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Dublin: Ireland needs to cut spending in the budget for next year in order to ensure the country's very survival, finance minister Brian Lenihan said on Sunday. Full Article at DNA India
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London - Gold prices have rocketed to record heights close to $1 200 an ounce as a "perfect storm" of market conditions propels demand for the precious metal, analysts said. Full Article at Empowering Financial Decisions
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Gold prices have rocketed to record heights close to $1 200 an ounce as a "perfect storm" of market conditions propels demand for the precious metal, analysts said. Gold, whose two main drivers are jewellery and investment buyers, hit a... Full Article at Mail & Guardian Online
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Gold prices have rocketed to record heights close to $US1,200 an ounce as a "perfect storm" of market conditions propels demand for the precious metal, analysts said. Full Article at The Age
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This past Monday, a $13 million settlement was announced in a lawsuit over illegal arrests at protests in Washington DC in 2000 against the World Bank and the IMF meetings. Full Article at Open Left
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Zimbabwe's Finance Minister Tendai Biti has written to IMF asking the international institution to urgently release 50 million U.S. dollars of the over 500 million dollars allocation to Zimbabwe to buy agricultural inputs for the current cropping... Full Article at People's Daily Online
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The Norwegian economy has weathered the global financial crisis remarkably well, according to news reaching here from Oslo. Full Article at People's Daily Online
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Over past years, we at Euro Pacific have taken an increasingly jaundiced view of paper currencies and written repeatedly about gold as an alternative. Full Article at Safehaven
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Getty Images Gold hit a record high at just over $1,190 an ounce on Wednesday due to a broadly lower dollar and renewed interest from central banks. Full Article at Financial Post
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THE International Monetary Fund is prepared to give Fiji a loan taking into account the views of its shareholders. This was revealed by Ray Brooks, who is leading a team of IMF officials visiting the country. Full Article at Fiji Times
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RNRL's submissions on the MoU New Delhi: Gold struck another historic peak of Rs 18,000 per ten gram in the national capital today on sustained buying by stockists for the current marriage season amid a weakening dollar and reports that more central... Full Article at Expressindia.com
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: President Barack Obama, on his first visit to China this week, urged the government to allow its currency to rise. President Hu Jintao politely chose to ignore him. Full Article at Expressindia.com
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At Sunshine Profits we’re holding gold and we find ourselves in very good company with some of the world’s biggest players. The smart money is definitely in. Central banks are net buyers of gold for the first time in 22 years. Full Article at The Market Oracle
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NEW DELHI: The yellow fever is rising. Gold crossed an all-time high of Rs 18,000 (per 10 gram) on Wednesday in Delhi market, on back of high demand and a depreciating dollar. Full Article at Times of India
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MUMBAI: The record-breaking spree in gold continued for the fifth consecutive trading session on the bullion market in Mumbai on Wednesday on dollar weakness and reports that India might buy more gold from the IMF. Full Article at Economic Times
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Nov. 25 (Bloomberg) -- Gold climbed to the highest price ever, capping the longest rally in 27 years, as the dollar’s slump deepened and on a report that India’s central bank may add to last month’s 200 metric-ton purchase. Full Article at Bloomberg.com
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Paris: Banks are continuing to hide huge losses from investors, imperiling the economic recovery, the head of the International Monetary Fund (IMF), Dominique Strauss-Kahn, was quoted on Wednesday as saying. Full Article at Zee News
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The International Monetary Fund said Wednesday it had sold 10 tonnes of gold to Sri Lanka's central bank for 375 million US dollars, as part of a restructuring of IMF financial resources. Full Article at The Age
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NEW YORK (MarketWatch) -- Gold futures rose to another record high near $1,188 an ounce Wednesday, getting a fresh lift after a news report said India may buy more gold from the International Monetary Fund and the U.S. dollar slid to a key level... Full Article at MarketWatch
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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Reuters Pictures
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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Getty Images
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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Reuters Pictures
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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Getty Images
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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Getty Images
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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Getty Images
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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Getty Images
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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Getty Images
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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Getty Images
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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Reuters Pictures
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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Getty Images
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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Getty Images
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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Getty Images
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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Getty Images
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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Reuters Pictures
Protesters shout during a demonstration against the International Monetary Fund and World Bank in central Istanbul October 6, 2009.
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Reuters Pictures
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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Reuters Pictures
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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Getty Images
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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Reuters Pictures
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.
View Photo » -
Getty Images
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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Getty Images
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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