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Vice-President Joice Mujuru on Tuesday lambasted Finance minister Tendai Biti over the contentious handling of the over US$500 million facility from the International Monetary Fund (IMF) in what officials this week said was the...
Last month, the International Monetary Fund and the African Export-Import Bank made $800-million in credit available to Zimbabwe. This initiative is meant to help the country restore its ravaged economy.
FILE - As part of our reform efforts we aim to ensure all voices are heard," the release quoted Equatorial Guinea's ambassador to the United States, Purificacion Angue Ondo, as saying. The United States, though, called the 2002...
The Bank of Thailand's court of governors today approved the central bank's investment in debt instruments of other international agencies rather than the International Monetary Fund and World Bank. Buying into dollar to soften...
Assistant director of IMF's Asia-Pacific department, Joshua Felman, explains why |he is more wary than optimistic about Asia's current recovery, though he insists |that after the 1997 crisis, his organisation has learned to...
The price of gold soared again today leaving the cost per ounce a whisker away from cracking the $1,200 level. Spot price surge: Gold soared to $1,195 this morning as the dollar saw its biggest fall in 15 months The IMF also...
RIGA, Nov 27 (Reuters) - The International Monetary Fund said on Friday it welcomed Latvia's 2010 budget measures and that a mission from the Fund and the European Commission would hold discussions in the Baltic state from next...
MINSK, Nov 27 (Reuters) - Russia, Brazil, India and China are discussing the possibility of increasing their financial contribution to the International Monetary Fund, Russian Finance Minister Alexei Kudrin said on Friday....
London: Gold prices tumbled nearly 5% to a one-week low below $1,140 (Rs53,352) an ounce on Friday as investors, fearing debt default in Dubai, sought safety in dollars and cash. Other precious metals also slipped. Silver hit a...
The price of gold tumbled nearly 5% today - its biggest one-day fall in a year - amid a widespread sell-off of assets due to Dubai debt concerns. come under pressure. The price of oil was down 5%. Bullion, which hit a new...
