Search Results for: International Monetary Fund
Grexit is back? Greece faces critical few weeks
February 6th, 2017
In the week of Groundhog Day it seemed entirely appropriate: Greek farmers, many on tractors, have once again been blockading roads and border posts amid mounting signs that the country long at the centre of Europe’s debt woes is ...
Is Europe Headed For A Political And Financial Crisis In 2017?
January 23rd, 2017
Is Europe Headed For A Political And Financial Crisis In 2017? While most eyes are on the dramatic shifts possible for U.S. economic policy as Donald Trump is sworn in as president on January 20, similarly deep political currents ...
Gold and Yen Extend Rallies on EU, Trump Concerns: Markets Wrap
January 17th, 2017
May said ready to announce U.K. will leave EU single market IMF lifts its growth forecast for China to 6.5% in 2017 Lingering concern over Donald Trump’s policies and the U.K.’s position in the European Union accelerated a move ...
These currencies got crushed in 2016
December 29th, 2016
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Here’s a list of the currencies that have been rocked hardest in 2016: Egyptian pound: -59% Egypt took the radical decision to ...
Law Firms’ Accounts Pose Money-Laundering Risk
December 27th, 2016
Law Firms’ Accounts Pose Money-Laundering Risk Hundreds of millions of dollars allegedly siphoned from Malaysian state fund 1MDB passed through firms’ pooled accounts in U.S., prosecutors say Tens of billions of dollars every year move through opaque law-firm bank ...
IMF head Christine Lagarde found guilty in French negligence court case
December 20th, 2016
IMF head was French finance minister in 2008 when billionaire was given $425M payout The high-flying career of Christine Lagarde, the head of the International Monetary Fund, hung in the balance Monday after a special French court convicted her ...
Christine Lagarde will stand trial for alleged negligence
December 12th, 2016
International Monetary Fund Managing Director Christine Lagarde will stand trial for alleged negligence after France’s highest court on Friday rejected an appeal from the former finance minister. Ms. Lagarde is charged with negligence for her role in settling a ...
Deutsche Bank Roundup: Where We Are Now
November 7th, 2016
Shares of Deutsche Bank hit record lows last week, as the German lender struggled to come to terms with US regulators over its involvement in the subprime mortgage crisis. Despite receiving a large boost in the final session of ...
Asian Stocks Rise With Industrial Metals as Fed Bets Buoy Dollar
October 25th, 2016
Nidec, SK Hynix rally after earnings; Apple reports Tuesday Kospi drops as South Korea tourism threatened by China spat Asian stocks rose to a two-week high and industrial metals advanced, buoyed by a generally upbeat corporate earnings season and ...
The Total Amount Of Debt In The World Just Hit A Record $152,000,000,000,000 (152 Trillion)
October 17th, 2016
If anyone ever asks you how much debt there is in the world, now you will know the answer. According to the IMF, the total amount of debt around the globe has now hit a staggering 152 trillion dollars. ...
