IMF Meets Central Bank Chiefs in Shanghai

International Monetary Fund  and central bank officials from around the world met in China Monday to discuss ways to boost the global economic recovery, amid mounting fears of a damaging currency war. The People’s Bank of China hosted the conference in the country’s financial hub Shanghai, bringing together central bank chiefs and other officials from [...]

China and IMF Gold Sales

China’s recent veiled threats towards the establishment have been taken to heart.  As China announced increased gold reserves from 600 to 1,054 tonnes it was an obvious warning.  Initially I thought it was a direct threat against the ocean of treasuries being issued, but I think I have a clearer answer now.  China wants the [...]

IMF Says Worst Not Over

The head of the IMF questioned on Monday any debate about when to roll back stimulus spending, saying the world economy had yet to weather the worst of a recession that claimed a record number of European jobs. The 16-country euro zone lost a record 1.22 million jobs in the first quarter, official data showed. [...]

Mexico to Increase Funding for IMF, Bank’s Ortiz Says

Mexico may join Russia, Brazil and China in increasing financing for the Washington-based International Monetary Fund, Mexican central bank Governor Guillermo Ortiz said. Russia and Brazil unveiled plans this week to buy $20 billion of bonds from the IMF and diversify foreign-currency reserves. China may purchase $50 billion and India may announce similar funding. Ortiz’s [...]

IMF: "Where Does The Public Sector End And The Private Sector Begin?"

In keeping up with our socialist times, another relevant white paper out of the IMF. Publish at Scribd or explore others: Hat tip Alex Read more….