Written by WASHINGTON (Reuters) – Countries must not be complacent about the state of the global economy, despite brighter signs of recovery, Japanese Finance Minister Naoto Kan on Saturday warned his counterparts at the International Monetary Fund. READ MORE »
Posts tagged IMF
Germany ready to help Greece soon if it saves more
Merkel says will help if Greece agrees tougher savings.
Says agreement for aid could come in matter of days.
Says Germany feels obligation towards euro’s stability. READ MORE »
Euro Falls, Heads For Monthly Loss, on European Debt Concern
The euro declined, headed for a sixth monthly loss against the dollar, amid concerns European measures to reduce fiscal deficits and contain the region’s sovereign debt crisis will undermine the global recovery. READ MORE »
U.S. backs off in currency dispute with China
The Obama administration backed away on Friday from a showdown with Beijing over the value of China’s currency that would have caused new frictions between the world’s only superpower and its largest creditor. READ MORE »
Dollar hits highest in more than a year as euro fears linger
Single currency below $1.26; British pound slips as U.K.’s trade deficit widens. READ MORE »