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Strauss-Kahn of I.M.F. Urges Continued Stimulus Programs
Strauss-Kahn of I.M.F. Urges Continued Stimulus Programs
nytimes.com — Dominique Strauss-Kahn, head of the International Monetary Fund, on Monday. He urged the world’s advanced nations to... continue with their stimulus programs until they return to a solid economic footing. (more) Strauss-Kahn of I.M.F. Urges Continued Stimulus Programs
Divisions emerge on stimulus strategy
ft.com — By Brian Groom, Business and Employment Editor, and Ralph Atkins in Frankfurt and Tom Braithwaite in Washington... Published: November 23 2009 10:59 | Last updated: November 23 2009 19:15 Stark divisions are emerging among economic policymakers about how ... (more) Divisions emerge on stimulus strategy
Beyond Obama Time
hf-implode.com — " Every bank seems to need more money. Both in the US and in Europe, the banking... systems need tens of billions of dollars in additional capital. And soon. China is reining in its banks, which will also need to raise billions more after spending 2009 in a wild government ordered lending spree. ... (more) Beyond Obama Time
AFP: Sri Lanka buying gold 'to diversify reserves'
google.com — Nov 7, 2009 COLOMBO Sri Lanka's central bank on Saturday said it has been buying gold to... diversify its reserves amid volatile currency markets, days after India announced it had purchased 200 tonnes of the precious metal. Central Bank assistant ... (more) AFP: Sri Lanka buying gold 'to diversify reserves'
Was Yesterday's ISM an Early Warning For More Inflation Down the Road?
Was Yesterday's ISM an Early Warning For More Inflation Down the Road?
bespokeinvest.typepad.com — In addition to the Indian Central Bank's purchase of 200 tons of gold from the IMF, one... reason for gold's strong rally today can be found in yesterday's ISM. In each month's Report on Business, ISM publishes the results of its monthly commodities ... (more) Was Yesterday's ISM an Early Warning For More Inflation ...
Japan: The Land of the Rising CDS
online.wsj.com — Canary in the coal mine? The cost of insuring Japanese government bonds against default has doubled to... 0.75 percentage point in the past three months, as markets fret about debt issuance. Credit risk is assuming ever-greater stature in ... (more) Japan: The Land of the Rising CDS
Current And Former IMF Heads Call For New Global Currency
hf-implode.com — " "The world is a step closer to a global currency, backed by a global central bank,... running monetary policy for all humanity." " (more) Current And Former IMF Heads Call For New Global Currency
Mauritius Buys IMF Gold, Follows India as Metal Soars (Update4)
bloomberg.com — Nov. 17 (Bloomberg) -- Mauritius bought 2 metric tons of gold from the International Monetary Fund ,... underscoring a drive by central banks to boost holdings as the precious metal trades near a record and the dollar slumps. The $71.7 million sale to ... (more) Mauritius Buys IMF Gold, Follows India as Metal Soars ...