The head of the International Monetary Fund said a reversal of the global economic recovery is unlikely, noting the lender recently raised its growth forecast after a strong first half of the year.
The world economy is “very far from any kind of double dip,” IMF Managing Director Dominique Strauss-Kahn said at a press conference in [...]
Posts Tagged ‘emerging economies’
IMF Says ‘Double-Dip’ in Global Economy Unlikely
July 13th, 2010 by HardMoney Writer
Tags: china economy, economic growth, economic recovery, emerging economies, Financial Markets, global economic, IMF, US Economy, world econmic
more...Japan Warns Debt, Fund Flows May Hurt Global Growth
April 24th, 2010 by HardMoney Writer
WASHINGTON (Reuters) - Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund.
Huge public debt in developed countries and surging capital inflows to emerging economies could disrupt growth, Kan said.
The remarks came after [...]
Tags: economic recovery, economy, emerging economies, financial, Financial Markets, global recovery, IMF, Japan Finance, japan's economic, money
Yuan Shifting From Dollar Peg
November 11th, 2009 by HardMoney Writer
China sent its clearest signal yet that it was ready to allow yuan appreciation after an 18-month hiatus, saying on Wednesday it would consider major currencies, not just the dollar, in guiding the exchange rate.
In its third-quarter monetary policy report, the People’s Bank of China departed from well-worn language on keeping the yuan “basically stable [...]
Tags: central bank, China, dollar peg, emerging economies, global financial crisis, largest economy, obama
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