The cost of insuring against a catastrophic US default jumped to its highest level in more than two years today after talks to prevent a breach of the nation’s $16.7 trillion (£10.5 trillion) debt ceiling faltered.
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Friday 04 October 2013
Monday 15 July 2013
Budapest has announced it is considering paying back its bailout loan from the International Monetary Fund early as well as closing the IMF’s Hungarian office.
Tuesday 14 May 2013
Oh, how they laughed. Explaining George Osborne’s absence from Treasury Questions, Chief Secretary Danny Alexander was on side-splitting form. “My right honourable friend the Chancellor is in Brussels today at the Ecofin council,” he told MPs, “exercising the considerable influence that Britain enjoys as a full member of the European Union.” Boom, boom!
Saturday 11 May 2013
The Chancellor also pledged UK action on tax evasion and avoidance
Sunday 31 March 2013
Monday 04 February 2013
The scare stories have it wrong; Facebook is a force for openness and accountability in the world, argues Eduard Mead.
Friday 12 October 2012
The International Monetary Fund has urged Europe to ease on its programme of austerity and give the likes of Spain and Greece more time to sort out their debts.
Friday 24 August 2012
Egypt's leaders were under increasing strain last night as a fuel shortage heaped pressure on the battered economy and officials met with world finance chiefs to discuss a multi-billion dollar development loan.
Tuesday 17 July 2012
The International Monetary Fund yesterday handed the UK a bigger growth forecast downgrade than any other advanced nation and warned the global economy remains in a "precarious" state.
Tuesday 17 July 2012
Lender sees just 0.2 per cent UK growth in 2012 and urges action from eurozone
Monday 16 July 2012
The International Monetary Fund (IMF) is expected to reduce its outlook for the global economy today, amid continuing financial woes in Europe, the stagnant US economy and slowing growth in China.
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