Tag Archive
World likely to emerge in early 2010: IMF chief
The head of the International Monetary Fund on Friday expressed that the global economy is likely to emerge out of the current fiscal crisis early next year. The global recession worldwide, known as the worst since The Great Depression of the early 1930s, has so far hit almost all the sectors of the market,... »
IMF Investigating Manging Director affair.
An “outside firm” has been hired to investigate claims that the IMF’s Managing director, Dominique Strauss-Kahn, was engaged in an affair with a female staffer who was latter told to leave the organisation with financial compensation coming from above. The International Monetary Fund specified that it has employed law firm Morgan, Lewis... »
IMF Warns of Far-reaching Effects of Finance Crisis
The International Monetary Fund has warned that if the governments of major economies do not take co-ordinated measures to deal with the global finance crisis, its crippling effects could spill over to emerging markets. In its Global Financial Report, the IMF forecast a gloomy picture for the world economy and declared that the situation had... »
