Fiscal policy should be 'growth friendly': IMF body Fiscal policy should be 'growth friendly': IMF body The world economy needs to balance austerity with growth if it is to recover fully from the global financial crisis, a key IMF committee said in Tokyo on Saturday.
13 October 2012 16:42
'Wartime' debt threat to global economy: Lagarde 'Wartime' debt threat to global economy: Lagarde Public debt in developed countries standing at "wartime levels" is the biggest threat to the global economy, IMF chief Christine Lagarde warned in Tokyo on Friday.
12 October 2012 17:21
IMF wants to give Greece two more years IMF wants to give Greece two more years The International Monetary Fund is happy for debt-battered Greece to have an extra two years to bring its runaway deficit in line with the demands of global creditors.
12 October 2012 14:05
EU to sanction states in bid to streamline air traffic EU to sanction states in bid to streamline air traffic The European Commission plans to sanction EU members to nudge them into action on efforts to create a pan-European airspace that would cut costs and delays.
12 October 2012 12:57
Spain, France vow action on eurozone crisis Spain, France vow action on eurozone crisis The leaders of France and Spain vowed concerted action on the eurozone as they met on Wednesday amid IMF calls for new measures to control the debt crisis threatening the global economy.
12 October 2012 10:03
IDB told about development of Islamic financing in Kazakhstan IDB told about development of Islamic financing in Kazakhstan Chairman of ICD told about the plans for Islamic financing in Kazakhstan at the 3rd Kazakhstan conference on Islamic Financing.
11 October 2012 17:37
Kazakhstan government forecasts 7% economic growth in 2013-2017 Kazakhstan government forecasts 7% economic growth in 2013-2017 Despite of the escalating crisis in Europe and staggering economic growth in the EU and the U.S., Kazakhstan is maintaining a progressive economic development: Akhmetov.
11 October 2012 11:29
IMF: US 'fiscal cliff' would set back world economy IMF: US 'fiscal cliff' would set back world economy The International Monetary Fund warned US leaders that hitting the looming "fiscal cliff" would not only crush the American economy but spin havoc through the rest of the world.
11 October 2012 11:15
IMF meet in Tokyo to address anxiety about growth IMF meet in Tokyo to address anxiety about growth Finding ways to boost the slowing global economy and helping poor nations fend off financial shocks will be on the agenda at meetings this week of the International Monetary Fund and World Bank in Tokyo.
11 October 2012 10:24
Kazakhstan's budget expenses reached 7 trillion tenge Kazakhstan's budget expenses reached 7 trillion tenge Kazakhstan 2013-2015 budget was formed based on the forecasted economic situation in the country and in the world: Prime-Minister.
10 October 2012 15:04
Merkel's Athens visit chance to ease tension Merkel's Athens visit chance to ease tension German Chancellor Angela Merkel's visit Tuesday to debt-strapped Greece may provide a chance to ease tensions born of the economic crisis.
10 October 2012 13:28
IMF cuts global forecast, says risks rising IMF cuts global forecast, says risks rising The IMF slashed its global growth forecast and warned things could get much worse if the eurozone crisis is not quelled and Washington fails to reverse the looming "fiscal cliff" austerity plan.
10 October 2012 10:45
World Bank slashes East Asia-Pacific growth forecast World Bank slashes East Asia-Pacific growth forecast The World Bank on Monday slashed its 2012 growth forecast for developing countries in East Asia and the Pacific to 7.2 percent, down from 8.3 percent in 2011, due to the fragile global economy.
09 October 2012 14:07
Audit finds Philippines lost $2.46 bn to anomalies Audit finds Philippines lost $2.46 bn to anomalies The Philippines lost $2.46 billion through misuse of state funds and assets during the latter years of graft-tainted ex-president Gloria Arroyo's rule.
07 October 2012 10:48
Kazakhstan targets $15 thousand a year per capita Kazakhstan targets $15 thousand a year per capita Kazakhstan’s income per capita should reach $15 thousand in 2018: expert.
06 October 2012 15:20
India's rupee at near 6-month-high on reform boost India's rupee at near 6-month-high on reform boost The Indian rupee on Friday soared to its highest level against the dollar in almost six months after the embattled government pushed ahead with more measures to attract foreign investment.
06 October 2012 11:12
French stats institute warns of period of no growth French stats institute warns of period of no growth The French economy appears to be settling into a period of no growth according to the INSEE national statistics institute, which halved late Thursday its 2012 growth forecast to 0.2 percent.
05 October 2012 15:47
Japan insurers stop China riot coverage: report Japan insurers stop China riot coverage: report Big Japanese insurers have stopped covering firms against riots in China, a report said Friday, a move seen likely to hit investment there as the countries remain stuck in a festering territorial row.
05 October 2012 15:20
Economic minnow Laos set to join WTO club Economic minnow Laos set to join WTO club After years of preparation, communist Laos is on the verge of joining the World Trade Organisation, a milestone that the small landlocked nation owes to a slew of reforms it must now enforce.
05 October 2012 11:44

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