International Organizations IMF

  • Spain

    Anyone holding Spanish stocks should sell before Madrid is forced to go cap in hand to the European Union and International Monetary Fund, according to analysts at S&P Capital IQ.

  • France

    French residents with assets valued above 4 million euros ($4.9 million) will pay more than double what they had expected in wealth taxes this year, after the country’s parliament voted through an emergency measure to raise €2.3bn for the cash-strapped government, the Financial Times reports.

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    The Treasury secretary is one of President Obama's longest-serving Cabinet members and has held key posts at the Federal Reserve and International Monetary Fund.

  • The International Monetary Fund (IMF) headquarters building is seen in Washington, DC.

    Going over the fiscal cliff could cause a U.S. recession next year, Olivier Blanchard, the International Monetary Fund's chief economist, told CNBC’s “Squawk on the Street.”

  • Dr. Mohamed A. El-Erian, CEO and Co-Chief Investment Officer, Pacific Investment Managment Company, LLC (PIMCO)

    Before becoming PIMCO CEO and co-CIO, El-Erian held top posts at the International Monetary Fund and the Harvard Management Company. He's also a prolific writer, including as a guest blogger for CNBC.com.

  • The Parthenon in Greece

    The Greek debt crisis, the political situation in Athens and their impact on the euro zone are falling off investors' radars, but cannot be ignored, according to one foreign exchange analyst in London.

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    The newly sworn in Greek coalition government is committed to restarting the economy, restoring confidence and boosting its reform credentials by taking action on long stalled privatizations. To succeed, it will have to move quickly, face down blackmail and convince mainstream citizens.

  • Spain

    The Spanish government’s new package of tax increases and spending cuts throws a spotlight on an increasingly contentious debate about whether fiscal austerity in Europe is further damaging the patient’s health rather than leading to recovery, the Financial Times reports.

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    The Clash, one of the great bands of the 70’s (if that isn’t an oxymoron), had a track on their debut album called “I’m So Bored with the USA”. It came back into my consciousness when reading about the latest EU goings on this week, a re-mix would now replace “USA” with “eurozone”.

  • Death Cross

    Gillian Tett of the Financial Times says markets may be headed for another "summer curse" and she points to five reasons why.

  • European Central Bank

    The European Central Bank may “have room” to cut interest rates on Thursday’s meeting, but this is not necessarily the best way to deal with the euro zone debt crisis at the moment, Christine Lagarde, managing director of the International Monetary Fund, told CNBC.

  • Maria Bartiromo interviews Christine Lagarde.

    The "fiscal cliff" is only one of the major risks for the tepid US recovery and should be dealt with sooner rather than later, IMF Director Christine Lagarde said.

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    Expect heated discussions around some July 4th barbeques in the US - not just on the economy, elections and last week's Supreme Court ruling, but also on the follow-through to Friday's impressive surge in equity markets around the world.

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    The European Union would gain far-reaching powers to rewrite national budgets for eurozone countries that breach debt and deficit rules under proposals likely to be discussed at a summit this week, according to a draft report seen by the Financial Times.

  • Governor of the Bank of England Mervyn King

    The Bank of England needs to pump at least another 50 billion pounds ($77.8 billion) into Britain’s “stalled” economy, says David Miles of its interest rate-setting committee, warning that only a “substantial” third round of emergency bond-buying will kick-start recovery, the Financial Times reports.

  • The International Monetary Fund (IMF) headquarters building in Washington, D.C.

    There is a larger measure of agreement on solving the euro zone debt crisis, as everybody understands the seriousness of the situation, the IMF's first deputy managing director tells CNBC at the Saint Petersburg International Economic Forum.

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    The IMF is clearly getting fed up with euro-zone policy makers as the continent’s “debt crisis” rages. But European officials cannot be blamed for feeling a tad fed up themselves with the IMF for hastening the crisis in the first place.

  • European Council President Herman Van Rompuy (L) and European Commission President Jose Manuel Durao Barroso (R) arrive to give a press conference in Los Cabos, Baja California, Mexico on June 18, 2012 before the opening of the G20 leaders Summit.

    Western policymakers are "making fools" of themselves in the eyes of people in emerging markets as no initiative to end the euro zone crisis has emerged in more than two years, an economist told CNBC at the St. Petersburg International Economic Forum (SPIEF).

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    Russia remains a strong market with a wealth of opportunities despite growing concerns that the political system in the country is breeding dissent among the population, Joe Jimenez, CEO at Novartis told CNBC's “Squawk Box Europe”.

  • A man makes a phone call next garbage in Athens due to a strike by municipal and public sector workers.

    The new government of Greece, expected to be announced within days, will need some more “breathing room” from its international creditors, a rising star within the conservative New Democracy party has warned.