International Monetary Fund

A golden lining seen in silver prices

The white metal gave double the return in 2009 than gold, but is still away from its peak. According to Gold Field Mineral Services (GFMS), a leading London-based bullion research firm, the current rally in gold has also helped...

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IMF funds not for budgetary support, Time to confront 'dire' economic problems

One of the interesting aspects of the public discussions about the process involved in reaching an agreement with the International Monetary Fund (IMF) for a US$1.2 billion two-year standby agreement...

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Poverty warning

POVERTY in the Pacific Islands will increase in the future as prices of basic food items continue remain high, the United Nations Development Program poverty reduction officer, David Abbott said. He made the comments during a...

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Indian economist Siddharth Tiwari appointed to key IMF post!

Updated on Saturday, November 21, 2009, 11:32 IST Tags:Siddharth Tiwari, IMF Washington: With a proven track record in managing complex work programmes, Indian economist Siddharth Tiwari has been named as the Secretary of the...

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Presidential poll in Romania could solve crisis

Romania will hold a closely-fought presidential election on Sunday that could put an end to a government crisis delaying aid from the International Monetary Fund (IMF) and revive momentum for political and economic reforms.

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‘SDR a popular alternative to dollar’

It is linked to a weighted basket of four major currencies — Photo: V. Ganesan C.T. Kurien, chairman of the Malcolm and Elizabeth Adiseshiah Trust, presents the Malcolm Adiseshiah Award 2009 to Professor C.P. Chandrasekhar...

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IMF urges vigilance despite expected global economic recovery

DUBAI: The global economy is heading toward a sustained recovery but given the risks of another downturn it is too soon to withdraw stimulus, International Monetary Fund Deputy (IMF) managing director John Lipsky said on...

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Forex reserves up at $286 bn despite weak greenback

The country's foreign exchange reserves rose by $962 million to $286.4 billion for the week ended November 13, 2009 despite dollar weakening nternationally, the Reserve Bank of India said in its weekly statistical supplement...

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New government is in, Wynter steps into post early, Shaw says thanks to BOJ management for good work

Brian Wynter will become governor of the Bank of Jamaica a week early. Audley Shaw, minister of finance and the public service, announced yesterday that Wynter's schedule had changed and he would be available to take over the...

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Q+A-S.Lanka's top general signals bid for presidency

Source: Reuters By Shihar Aneez COLOMBO, Nov 20 (Reuters) - Sarath Fonseka, who quit as Sri Lanka's top general after the end of a 25-year war, has said he plans now to fight for democracy and human rights, ...

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