IMF Executive Board Approves Modalities for Bilateral Borrowing to Boost IMF Resources
The Executive Board of the International Monetary Fund (IMF) today approved the modalities for bilateral borrowing, which will allow the Fund to significantly boost its available resources to address the global economic crisis.
Pressure mounts on European leaders as Spanish borrowing cost hits new high
Pressure mounts on European leaders as Spanish borrowing cost hits new high
Spain's borrowing costs Thursday rose to a new high as 10-year bond yields hit the seven per cent level, triggering...
Further eurozone integration urged; Greeks urged to vote sensibly
European Commission head Jose Manual Barroso has urged eurozone governments to adopt greater integration as the "far-...
Africa: new UN reports focus on unleashing continent’s economic growth potential
Economic Report on Africa 2012: Unleashing Africa's Potential.
US Treasury Dept says ING to pay $619mn settlement
ING Bank, global financial institution of Dutch origin, has reached an agreement with the US authorities to pay a...
Gloomy factory output adds to Indian economic woes
India's industrial output rose just 0.1 per cent in April, according to the data released Tuesday, adding to concerns...
Employment prospects improve in US
The US employers are increasingly willing to hire across regions and industries, unlike in two-thirds of the...
Rise of yen sees Tokyo take top slot as most expensive city
Tokyo has emerged as the most costly city for expatriates with the rise of yen against the dollar scaling up the cost...
SVB scales up UK presence to woo IT companies
Eyeing tech start-up companies and potential entrepreneurs in the UK, tech-loving Silicon Valley Bank of the US...
