Wednesday, 23 May 2012
News with tag Monetary
Strauss-Kahn accuser adds new claim to lawsuit

22.05.2012 22:52   0 views  0 comments
From: news.yahoo.com


Former IMF head Strauss-Kahn prepares arrives to vote in the second round of the 2012 French presidential elections in SarcellesNEW YORK (Reuters) - Lawyers for the hotel maid who accused Dominique Strauss-Kahn of sexual assault added another claim to her civil lawsuit against him Tuesday, taking advantage of a little-used New York City law that applies to "gender-motivated violence." In the amended lawsuit, Nafissatou Diallo claims the former International Monetary Fund chief targeted her out of misogyny under a local law known as the Victims of Gender-Motivated Violence Protection Act. ...


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Do more to boost growth, IMF tells Britain

22.05.2012 16:30   0 views  0 comments
From: news.yahoo.com


Britain's Chancellor of the Exchequer, George Osborne and International Monetary Fund managing director Christine Lagarde arrive for a news conference at the Treasury in LondonLONDON (Reuters) - Britain's struggling economy needs the Bank of England to pump in more money and possibly cut record-low rates, while the government should back off its austerity program if things get worse, the International Monetary Fund said on Tuesday. The international lender said the government should step up efforts now to get credit flowing, raise infrastructure spending and, if the euro zone crisis escalates, consider temporary cuts to sales and payroll taxes. "Growth is too slow and unemployment, including youth unemployment, is too high. ...


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IMF tells Britain: Do more to drive growth

22.05.2012 14:40   0 views  0 comments
From: news.yahoo.com


Britain's Chancellor of the Exchequer, George Osborne and International Monetary Fund managing director Christine Lagarde arrive for a news conference at the Treasury in LondonLONDON (Reuters) - Britain must do more to bolster demand and the Bank of England should purchase more assets or even cut its main interest rate - already at a record low - to prevent years of sluggish growth, the International Monetary Fund said on Tuesday. Britain has not fully recovered from the slump caused by the 2007-2009 financial crisis, and the economy fell back into recession around the turn of the year. "Growth is too slow and unemployment, including youth unemployment, is too high," IMF Managing Director Christine Lagarde said at a news conference. ...


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IMF tells Britain: Do more to drive growth

22.05.2012 14:40   0 views  0 comments
From: news.yahoo.com


Britain's Chancellor of the Exchequer, George Osborne and International Monetary Fund managing director Christine Lagarde arrive for a news conference at the Treasury in LondonLONDON (Reuters) - Britain must do more to bolster demand and the Bank of England should purchase more assets or even cut its main interest rate - already at a record low - to prevent years of sluggish growth, the International Monetary Fund said on Tuesday. Britain has not fully recovered from the slump caused by the 2007-2009 financial crisis, and the economy fell back into recession around the turn of the year. "Growth is too slow and unemployment, including youth unemployment, is too high," IMF Managing Director Christine Lagarde said at a news conference. ...


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