Disgraced ex IMF chief aims for 2bn hedge fund
Former IMF chief Dominique Strauss-Kahn is reportedly looking to raise $2bn to start a hedge fund, marking a career move into investment management.
Former IMF chief Dominique Strauss-Kahn is reportedly looking to raise $2bn to start a hedge fund, marking a career move into investment management.
The IMF projects global growth to be slightly higher in 2014.
The understanding that wealth and fund managers invest in markets and companies not economies is, thankfully, becoming the norm.
The UK is "still a long way from a strong and sustainable recovery" according to the International Monetary Fund, as it concludes its annual review of the British economy.
The backing of the European Commission, its Central Bank and the IMF for a one-off levy on Cyprus-held bank accounts points to a dangerous precedent of not protecting individuals' savings – so what hope for investors?
The IMF and OECD are both predicting a positive growth story for the global economy in 2013, slow and hesitant but positive.
Given Jim O’Neill’s updated – and more bullish – views on the emerging-now-growth economies of the BRIC countries, it is time for the IMF and similar bodies to change the way they are structured to reflect this.
Jim O’Neill says the BRIC countries and other “rising stars” should take over from the current economic power-houses that are simply members of groups like the G7 for historic reasons.
Policymakers around the globe will do “what it takes” to prevent an escalation of the economic crisis in the weeks and months to come.
The IMF and European Central Banks have fallen out over the region’s banks’ sovereign debt exposure.
European governments have signed off on a 700bn bailout fund that will not kick in until 2013.
Ratings agency Moody’s has cut Portugal’s long-term government debt to below investment grade.