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Simon Johnson: The End Of The Euro: A Survivor's Guide

2012-05-27T17:56:53Z

In every economic crisis there comes a moment of clarity. In Europe soon, millions of people will wake up to realize that the euro-as-we-know-it is gone. Economic chaos awaits them -- and the world.

Read more: Eurozone, Eurozone Crisis, Economy, Greece Debt, European Union, Greek Exit, Greek Debt Crisis, Euro, Fiscal Affairs, Ecb, Greece, Germany, Greece Debt Crisis, Imf, Europe, Greece Austerity, Business News

Thanos Dimadis: Euro or Drachma? It's Not All About a Dilemma

2012-05-23T14:11:20Z

It's not only all about a dilemma but about how the Greek nation -- and especially young people -- will find again a reason to hope and believe that their future can get better, even if Greece after the very crucial next general elections can make it and stay hopefully in the eurozone.

Read more: Drachma, Imf, Eurozone Debt Crisis, Eurozone, Greece, Greek Elections, Euro, Greek Youth Unemployment, Syriza, Youth Unemployment, World News

Antoinette Sayeh: Africa and the Great Recession: Changing Times

2012-05-15T17:00:56Z

In previous global downturns, sub-Saharan Africa has usually been badly affected -- but not this time around. But in sub-Saharan Africa, growth for the region as a whole has remained reasonably strong.

Read more: Mali, South Africa, Sub-Saharan Africa, Investment, Zimbabwe, Africa, Jobs, Imf, Europe, China, Emerging Markets, African Economy, Great Recession, Business News

Greek Parties Hit Political Stalemate, Euro Exit Fears Grow

2012-05-14T08:26:00Z

By George Georgiopoulos and Karolina Tagaris ATHENS, May 14 (Reuters) - Greek leftists rejected a last-ditch proposal by the head of ...

Read more: Greece Crisis, Eurozone, Greece Elections, Greece Coalitiion Talks, Greek Elections 2012, European Union, Greece Political Crisis, Greek Austerity, Greece Financial Crisis, Euro, Video, Greece Election, Greece, Reuters, Imf, European Austerity, Europe, World News

Daniel Wagner: Post-Austerity Greece: The Rise of the Political Fringe

2012-05-09T09:22:02Z

The Greek election should be seen for what it is: a repudiation of the medicine Greece has been given over the past four years -- whether it deserved it or not -- with unintended and unforeseen consequences.

Read more: European Union, Imf, Euro Crisis, Greece Austerity, Greek Elections 2012, Greek Elections, Austerity, World News

Mark Weisbrot: Argentina and the Magic Soybean: The Commodity Export Boom That Wasn't

2012-05-08T16:50:07Z

I know what you are thinking: "Who cares?" Well, try to keep reading, because this does have implications beyond the sprawling soybean farms in the Argentine province of Cordoba. What does it mean to have a "commodities boom," or growth driven by the export of commodities?

Read more: Debt, Eurozone, Inflation, Argentina, Imf, Paul Krugman, Soybeans, Gdp, Commodities Boom, World News

Nationwide Protests Call For Justice In Alleged Border Patrol Abuse

2012-05-04T09:13:46Z

From Los Angeles to Boston, protesters rallied in eight different cities nationwide Thursday to demand that the Department of Justice conduct a more t...

Read more: Immigration Death, Anastasio Hernandez Rojas Death, Border Patrol Abuse, Border Deaths, Anastasio Hernandez Rojas Pbs, Border Patrol Killing, Immigration, Anastasio Hernandez Rojas, I-Have-to-Ask, Border Patrol, Roberto Lovato, Video, Imf, Christian Ramirez, Latino Voices News

Daniel Wagner: Europe's Lurch to the Fringe

2012-05-03T08:38:23Z

Since the political middle ground has failed to deliver, voters are seeking solace through increasingly political candidates spouting extremist rhetoric, and raising the prospects of parties on the far right and left.

Read more: Angela Merkel, French Elections, Imf, Francois Hollande, Europe Crisis, Greek Elections, Political Extremism, World News

Min Zhu: Jobs and Growth: Can't Have One Without the Other?

2012-05-02T12:08:05Z

The news on the jobs front, unfortunately, remains grim. Why isn't the jobs picture better? Quite simply, it's because the growth picture isn't very good.

Read more: United Kingdom, France, Netherlands, New Zealand, Jobs, Spain, United States, Italy, Cyprus, Iceland, Ilo, Unemployment, Greece, International Labor Organization, Economic Crisis, Imf, Economic Growth, Business News

Anna Cuevas: IMF Lends Support to Loan Modifications Including Principle Reductions

2012-04-30T10:56:32Z

The IMF's public approval of mortgage reductions, as well as reform in the financial sector, is intended to provide support to the economy and reignite a healthy increase in lending, which will spur economic and job growth.

Read more: Principal Reduction, Loan Modifications, Home Affordable Modification Program, Imf, Business News

DSK Suspects 'Political Enemies' In Sex Scandal

2012-04-27T18:52:00Z

LONDON, April 27 (Reuters) - The Guardian newspaper said on its website on Friday that former International Monetary Fund boss Dominique Strauss-Kah...

Read more: Video, France, Dominique Strauss Kahn, Dsk, Strauss Kahn Sex Scandal, Strauss Kahn, Dominique Strauss Kahn Sex Scandal, Imf, Dsk Scandal, World News

José Viñals: Global Financial Stability: What's Still to Be Done?

2012-04-23T18:52:13Z

The quest for lasting financial stability is still fraught with risks. The latest Global Financial Stability Report has two key messages: policy actions have brought gains to global financial stability since our September report; but current policy efforts are not enough to achieve lasting stability.

Read more: Competitiveness, Gfsr, Government Bonds, g20, European Central Bank, Fiscal Policy, Greece, FInancial Markets, Assets, Banks, Financial Crisis, Imf, Europe, Eurozone Debt Crisis, Eurozone Debt, Business News

Valerie Berset-Price: Have You Witnessed the Change?

2012-04-19T10:55:50Z

What is of interest here to note is that for the first time ever, investors have more confidence in a Chinese-owned company than in a European one, which truly puts in perspective how much things have changed in our world economy.

Read more: Change, Global Economy, Human Rights, International Business, Imf, India, China, Vestas, Business News

Carlo Cottarelli: Finding the Right Balance to Adjusting Public Spending

2012-04-20T17:59:33Z

When it comes to adjusting public spending, getting the balance right is important. Fiscal adjustment is taking place in economies around the world, but risks remain high.

Read more: Recovery, Gdp, Fiscal Monitor, Spillover, Economic Research, Economic Crisis, Consolidation, Imf, United States, Japan, Europe, Business News

Olivier Blanchard: Mediocre Growth, High Risks, and the Long Road Ahead

2012-04-17T15:12:08Z

For the past six months, the world economy has been on what is best described as a roller coaster.

Read more: Income Inequality, Public Debt, Economic Crisis, Oil Prices, Fiscal Stimulus, Imf, Europe, Economic Growth, World Economic Outlook, Video, Business News

Why Tension Between World Leaders Is Mounting

2012-04-13T16:36:00Z

By Lesley Wroughton WASHINGTON, April 13 (Reuters) - Tensions among some of the world's leading economies are on a boil over a plan to...

Read more: European Debt Crisis, Video, Imf Plan New Funds, International Monetary Fund, IMF Funding, Reuters, Business News, IMF Bailout, Imf, Euro Crisis, IMF Greece, Business News

Erik Oppers: Seven Billion Reasons to Worry: the Financial Impact of Living Longer

2012-04-11T14:24:48Z

It turns out, unfortunately, that the financial and fiscal problems associated with longevity may be a lot bigger than we thought. The good news is that if we act now, we can find solutions that limit hardship and disruption.

Read more: Government, Aging, Social Security, Income Inequality, Retirement, Global Financial Stability Report, Economic Crisis, Pensions, Imf, Financial Stability, Global Financial Crisis, Business News

Greek PM: More 'Financial Support May Be Necessary'

2012-03-30T05:46:00Z

MILAN, March 30 (Reuters) - Prime Minister Lucas Papademos said on Friday Greece may need a third bailout package if the sweeping au...

Read more: Video, Bailout, International Monetary Fund, Reuters, Il Sole 24 Ore, Greece Debt Crisis, European Union, Euro Zone, Prime Minister Lucas Papademos, Imf, Eu, Austerity, Business News

Mark Weisbrot: Washington's Loss of Control Over World Bank Is a Big Historic Change

2012-03-29T11:01:38Z

The opening up of the contest for World Bank president is a historic change whose significance has not been fully appreciated. This is not surprising, given the widespread misunderstanding of the IMF and World Bank.

Read more: Imf, Jeffrey Sachs, Jim Yong Kim, World Bank, World Bank President, World News

Olivier Blanchard: The Logic and Fairness of Greece's Program

2012-03-20T17:00:41Z

To get back to health, Greece needs two things. First, a lower debt burden. Second, improved economic competitiveness. The new program addresses both.

Read more: Debt, Eurozone, Unemployment, Competitiveness, Olivier Blanchard, Greece, Income Inequality, Wages, Private Sector, Financial Crisis, European Union, Imf, Europe, Recession, Euro, Business News

Israel: Palestinian Economy Not Ready For Statehhood

2012-03-18T17:51:29Z

JERUSALEM -- An Israeli government report says the Palestinian Authority is not economically stable enough for statehood.

The report is set to be pre...

Read more: Palestine, Video, Palestinian Statehood, International Monetary Fund, World Bank, European Union, Palestine Economy, Imf, Palestinian Statehood Bid, Israel, World News

Nemat Shafik: Avoiding a Lost Generation

2012-03-16T19:20:51Z

To solve the problems of youth unemployment restoring global growth is crucial, as are policies to support job creation and credit. None of this can be achieved without global cooperation.

Read more: Debt, Lebanon, Youth, Jordan, Tunisia, Income Inequality, Low-Income, Morocco, Jobs, Spain, Recession, Brain Drain, Arab Spring, Unemployment, Greece, Egypt, Middle East, Financial Crisis, Imf, Europe, Syria, Euro Zone Debt, Euro Zone Crisis, Video, Business News

Thanos Dimadis: The Humiliating Cost of Progress in Greece

2012-03-08T13:58:58Z

The Greek people should be afforded the security of knowing whether their country is on a steady path towards economic recovery. Nevertheless, no one is able to assure Greeks the crisis is averted.

Read more: IMF Bailout, Eurozone Debt Crisis, Imf, Greeks, Greek Debt Crisis, Greece, Europe Recession, Greek Debt, World News

Paul O'Brien: World Bank Presidency Can't Be a Done Deal

2012-02-28T17:08:41Z

The second wave of global economic crisis is going to start hitting poor countries very hard, very soon. The World Bank needs to be fit for purpose and geared to respond with credible, legitimate leadership in place.

Read more: World Bank President American, World Bank, World Bank President Robert Zoellick, Imf President, New World Bank President, World Bank Role, America World Bank President, Imf, Robert Zoellick, World Bank President, Impact News

Five Problems With The Greek Debt Deal

2012-02-21T10:19:39Z

There are only three greater sources of confusion in the world than what's going on in Greece, and they are all found in quantum physics, David Lynch ...

Read more: European Debt Crisis, Greek Debt, Greece, Eurozone Crisis, Greek Bonds, European Union, Imf, Greek Debt Swap, Greek Debt Crisis, Greek Debt Deal, Sovereign Debt Crisis, Troika, Business News