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.
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The IMF projects global growth to be slightly higher in 2014.
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The understanding that wealth and fund managers invest in markets and companies not economies is, thankfully, becoming the norm.
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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.
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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?
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The IMF and OECD are both predicting a positive growth story for the global economy in 2013, slow and hesitant but positive.
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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.
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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.
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Policymakers around the globe will do “what it takes” to prevent an escalation of the economic crisis in the weeks and months to come.
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The IMF and European Central Banks have fallen out over the region’s banks’ sovereign debt exposure.
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European governments have signed off on a 700bn bailout fund that will not kick in until 2013.
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Ratings agency Moody’s has cut Portugal’s long-term government debt to below investment grade.
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