International Organizations IMF

  • Vladamir Putin

    Russian Prime Minister Vladimir Putin has hinted that there is more to Dominique Strauss-Kahn’s arrest on charges of sexual assault than meets the eye, according to various media reports.

  • The Parthenon in Greece

    Greek political leaders failed to reach consensus at an emergency meeting on Friday on how to exit the country's debt crisis, party sources said.

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    The Swiss franc gets a lift from the IMF, and the yen gets bruised by Fiche — time for your Friday FX Fix.

  • WASHINGTON, DC - MAY 19: International Monetary Fund First Deputy Managing Director, John Lipsky prepares to speak at the Peterson Institute, on May 19, 2011 in Washington, DC. Lipsky who is acting as Dominique Strauss-Kahn's replacement delivered this years annual lecture on global recovery and global cooperation. (Photo by Mark Wilson/Getty Images)

    The IMF is sticking to a program that "does not contemplate" Greek debt restructuring, acting managing director John Lipsky told CNBC on the sidelines of the G8 conference in Deauville, France.

  • French finance minister Christine Lagarde is seen as a front-runner to succeed Strauss-Kahn.

    Christine Lagarde, the frontrunner to become the next managing director of the IMF, has sought to assure developing economies they would be fairly represented at senior positions at the fund. The FT reports.

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    Greece may be forced out of the euro if tough austerity measures are not successful, a high-profile Greek politician said in a statement on her website.

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    The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.

  • Souk Waqif at dusk Doha, Qatar.

    The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.

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    The policy of no default, no change to euro membership and providing a bailout fund has not worked, writes Moorad Choudhry, Head of Business Treasury, Global Banking & Markets, Royal Bank of Scotland.

  • dublin commuters the earl

    Ireland’s economy will take longer to recover from its current slump than from the recession of the 1980s, John Bruton, former Prime Minister of Ireland and European Union Ambassador to the US, told CNBC.com on Wednesday.

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    Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.

  • global_markets_4_200.jpg

    The developing world is losing momentum and the risk is that this transfers to a loss of earnings momentum for the big internationals in the leading indices like the S&P 500, the DJ Euro Stoxx and the FTSE 100.

  • Greece

    Greece will not have a snap election, the office of the Greek Prime Minister told CNBC Wednesday in response to market speculation that affected the euro late Tuesday.

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    The Greek government is unsurprisingly unable to find consensus on new, even stronger austerity measures aimed meeting the terms of its bailout by the European Union and the International Monetary Fund.

  • International Monetary Fund chief Dominique Strauss-Kahn appears in federal court May 16, 2011 in New York City.

    Dominique Strauss-Kahn, the French erstwhile managing director of the International Monetary Fund, had not even resigned before Europeans started to coalesce around Christine Lagarde, the French finance minister, as his successor.  Gone are past promises of an open selection. The Europeans insist on the principle that what we have we hold. The ancien régime survives.

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    European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT.

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    The bad news just keeps coming for the euro, and it's taken a tumble in the last week. Here's how to trade it now.

  • Aerial view of a town square Bruges Belgium

    Fitch became the second ratings agency to threaten Belgium with a credit downgrade on Monday, saying a lack of government undermined budget efforts in one of the euro zone's most indebted states.

  • John Lipsky

    John Lipsky, acting managing director of the International Monetary Fund, told CNBC Monday he will be retiring Aug. 31 when his term as first deputy ends.