Tag "International Monetary Fund"

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Asia Pacific Economics

IMF urges Japan to address debt and reform economy

Recently, there has even been hope that Japan might move away from its persistent deflation, yet the IMF continues to urge Tokyo to do more. The International Monetary Fund urged

Europe Finance

Cyprus Bailout Process Moves Forward Despite Risks

Monitors from the International Monetary Fund (IMF), the European Commission and the European Central Bank, collectively called the troika, visited Cyprus from July 17 until July 31 to assess the

Europe Finance

The Eurozone Isn’t Quite Bailed-out Yet

According to several recent statistics, the Eurozone’s future is looking brighter than it has in a long time. Not only has Eurozone unemployment fallen for the first time in two

Asia Pacific Finance

China to Audit Local Governments and Reduce Financial Risk

On July 28th, China’s National Audit Office (NAO) announced that it will conduct a nationwide audit of government debt as Beijing tries to ascertain the financial risks to China’s continued

Asia Pacific Economics

New Data Points to Strong Philippine Economy

In recent months a trickle of news regarding a Chinese economic slowdown, continued weakness in Europe, and stalled growth in many emerging markets has raised fears of another global recession.

Economics Europe

Shipping Industry Can Aid Greek Recovery

Opening up Greece’s shipping sector to new comers as well as simplifying vessel registration could aid the country’s recovery. The past three years have been one of the most difficult

Economics Middle East/North Africa

Egypt’s economic crisis may finally be coming to a head

Ever since the Arab Spring the Egyptian economy has been on shaky footing. However, it seems that things may now be coming to a head and a true economic crisis