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Tag Archives: IMF

Pakistan and the IMF extend life-saving talks after agreement can not be reached

ISLAMABAD (Reuters) – Pakistan has extended negotiations with the International Monetary Fund (IMF) after the two sides failed to agree on the terms of a rescue package, a finance minister said Tuesday, and a final deal is now expected in mid-January , FILE PHOTO: The International Monetary Fund (IMF) logo is on September 4, 2018, outside Washington's headquarters. REUTERS / …

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IMF head Christine Lagarde skips the investment conference in Saudi Arabia

The Saudi event known as "Davos in the Desert" suffered an exodus of global business leaders, including the CEOs of JPMorgan (JPM) and Uber following the disappearance of Jamal Khashoggi, a critic of the world criticism Saudi Government The IMF said in a statement on late Tuesday that Lagarde's trip to the Middle East was "postponed" for the conference. It's …

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IMF lowers global growth forecasts for 2018 and 2019

The International Monetary Fund lowered its forecasts for global economic growth this year and next, citing increasing trade protectionism and emerging market instability risks that the fund had warned this year – "such as rising trade barriers and a the reversal of capital flows into emerging economies with weaker fundamentals and higher political risk has become more pronounced or has …

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The International Monetary Fund (IMF) lowers growth forecasts for global economic growth as import tariffs limit the problems of emerging markets

NUSA DUA, Indonesia (Reuters) – The International Monetary Fund cut its forecasts for global economic growth for 2018 and 2019 on Tuesday. Trade tensions and the imposition of import duties weighed on trade, while emerging markets struggled with stricter financial conditions and capital outflows. On October 1, 2018, a cargo ship will be seen behind containers in an automated container …

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Peso plunges to record lows on IMF pleadings

When the Argentine government agreed the terms of the loan with the IMF in May, Macri said he expected his country's economy to recover and therefore not plan to use the money. Buenos Aires had to close a deal the IMF after a strong devaluation of the peso. The three-year standby financing agreement aims to improve the country's ailing economy …

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IMF uncertain Greece's debt is sustainable in the long term

On Tuesday, July 31, 2018, workers at the Parthenon Temple on the Acropolis Hill in Athens pick up a grave plate. In the 2500 year old Parthenon temple, the repair work continues. (Jon Gambrell / Associated Press) by Associated Press 31. July at 11:07 ATHENS, Greece – Greece is still struggling after the end of its bailout program, and it …

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Argentine bonds rally after the IMF deal; Peso should float

BUENOS AIRES, June 8 (Reuters) – Argentina's bonds rebounded early on Friday after the country signed a standby agreement with the International Monetary Fund, while analysts commented that the central bank's peso Would no longer protect the currency. Argentina announced on 8 May that it would turn to the IMF after a sell-off in emerging markets triggered a run on …

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IMF, Argentina Agree on a 50 Billion Bailout Agreement

Updated on June 7, 2018 19:44 ET The International Monetary Fund and Argentina have reached an agreement on a $ 50 billion credit line to lower the value of the Argentine peso and support the presidential administration Mauricio Macri while accelerating plans to reduce budget deficits. Mr. Macri sought IMF assistance four weeks ago, after the peso threatened Argentina's ability …

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Bitcoin is supported by the IMF chief

Reuters The # 1 digital currency regained ground on Tuesday after some positive news from the head of the International Monetary Fund (IMF) Bitcoin again brought over $ 8,000. The price of a single bitcoin BTCUSD, + 1.28% was recently rated at $ 8,109.29, up 0.7% on the day and from his early morning low of $ 7,972.55. Lagarde Sees …

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