Global Crisis Leads I.M.F. Experts to Rethink Major Ideas – NYTimes.com

Posted by Matt in February 21st, 2010 | no comment

Published in Financial, Capital Flows, Economists, Financial Crisis, Financial Turmoil, Global Crisis, inflation, International Boundaries, International Monetary Fund, Leads, Money Flow, Nytimes, Research Papers, Soundness, Virtues

The International Monetary Fund has long preached the virtues of keeping inflation low and allowing money to flow freely across international boundaries. But two recent research papers by economists at the fund have questioned the soundness of that advice, arguing that slightly higher inflation and restrictions on capital flows can sometimes help buffer countries from [...]

Dubai Debt: Global Economic Recovery Still in Danger – TIME

Posted by Matt in November 30th, 2009 | no comment

Published in Dubai, Economy, Boom, Danger Time, Dominique Strauss Kahn, Economic Recovery, Excess Capacity, Global Economy, Global Issue, International Monetary Fund, Late November, Managing Director, New Menu, No Doubt, Policy Challenges, Recession, Slew, Stimulus, surprises, Uncertainty, Unemployment, Unresolved Problems

The worst of the crisis is almost certainly behind us, but that doesn’t mean the crisis is over. Lying ahead are a slew of unresolved problems, policy challenges and, no doubt, further surprises. Unemployment remains a serious global issue, and may yet get worse; excess capacity left over from the boom years haunts the recovery; [...]

Global Deflation Pandemic Brews – WSJ.com

Posted by Matt in July 23rd, 2009 | no comment

Published in Economy, 1990s, Bank Of Japan, Banking Sector, Blogged, Blowup, Collapse, Downward Spiral, Excess Capacity, Flock Browser, International Monetary Fund, Justin Lin, Lead, Pandemic, Price Declines, Real Estate Market, World Bank, World Bank Chief Economist, Wsj

Last week, World Bank Chief Economist Justin Lin warned in a speech that a surge in excess capacity world-wide could lead to a global “deflationary downward spiral.”
The Bank of Japan and the International Monetary Fund are forecasting two years of price declines in Japan, which suffered a serious bout of deflation in the 1990s because [...]

Latvia to abandon Soviet-era nuclear bomb shelters

Posted by Matt in June 5th, 2009 | no comment

Published in Nuclear, Shelters, Begging For Help, China, Communist Party, Disrepair, Era, International Monetary Fund, Labyrinth, Latvia, Missiles, Nuclear Attack, Nuclear Bomb Shelters, Party Bosses, Population, Public Servants, Russia, Sneak Attack, Soviet Union, Surprise Attack, Underground Bomb Shelters, Waste Of Time, Western Countries

Latvia figured out that these shelters were pointless. They will only accommodate 5 percent of Latvia’s population, so why bother?
Why is it that Western countries never built that many nuclear bomb shelters, and the few they did build have fallen into disrepair?
Why is it that both Russia and China are focusing on building underground bomb [...]

World to emerge from crisis in early 2010-IMF chief

Posted by Matt in May 29th, 2009 | no comment

Published in Economy, Financial, Dominique Strauss Kahn, Financial Crisis, Global Economy, Global Financial Crisis, Imf Chief, International Monetary Fund, Managing Director, Morocco, Segments

The global economy is likely to emerge from crisis early next year but even after that financial systems will need to be monitored closely, the head of the International Monetary Fund said on Friday.
“We expect to get out of the crisis early in 2010, especially if a clean-up of certain segments of the financial system [...]

10 Countries in Deep Trouble

Posted by Matt in April 23rd, 2009 | no comment

Published in Mexico, Contraction, Credit Rating Agencies, Criminal Gangs, Decline, Deep Trouble, Derivatives, Drug Cartels, Economic Growth, Economists, International Monetary Fund, Mexican Economy, Mexican Immigrants, Mexicans, Money Back, politicians, Recession, Spring Break Trips, Spring Break Trips To Mexico, Sudden Collapse, Trips To Mexico

Mexico
Thousands of would-be tourists from America and elsewhere had to cancel spring break trips to Mexico due to ongoing violence related to the drug trade. Mexico was the second country recently identified by the U.S. Joint Forces Command as possibly poised for a “rapid and sudden” collapse. Mexico’s “politicians, police, and judicial infrastructure are all [...]

IMF: Global Financial Crisis Cost $4.1 Tril

Posted by Matt in April 21st, 2009 | no comment

Published in Economy, Financial, Australian Radio, Banks, Billions, Credit Risk, Economy, Emerging Markets, Feedback Loop, Financial Cost, Financial Crisis, Global Credit Crunch, Global Financial Crisis, Global Financial Stability, Global Financial Stability Report, Global Wave, Imf, International Monetary Fund, Limited, Liquidity, Market Improvement, Policy Actions, Radio Netherlands, Risk Check, Signs Of Stress, Solvency, Themes, Trillion

The International Monetary Fund has released its latest Global Financial Stability Report, and guess what it doesn’t show much of?
Pick a category, and you find signs of stress. Emerging markets? Check. Their banks face “liquidity and solvency pressures.” Credit risk? Check. Lending standards are still tightening even after a global wave of looser money.
Government fixes [...]

More carnage is on the way for Britain, warns IMF

Posted by Matt in April 21st, 2009 | no comment

Published in Britain, Economy, Financial, Banks, British Economy, Carnage, Debts, Financial Crisis, Financial Institutions, Global Downturn, Global Financial Crisis, Global Financial Stability, Global Financial Stability Report, International Monetary Fund, Loans, Losses, Red Ink, Three Times, Tide

Banks are only a third of the way through the tortuous process of writing down their toxic debts, the International Monetary Fund warned.
The deepening global downturn and rising defaults will push bank losses on soured loans to an extraordinary £1.9trillion, three times current levels, the Washington-based Fund said in its Global Financial Stability Report.
Including all [...]