Will Greece repeat the tragedy of Argentina?The Greek economy is struggling to keep afloat, but the European Union decided to delay its next cash injection until July. The NY Times has nine economists weigh in on the crisis and compare it to Argentina economic crash of the early 2000s.
International Monetary Fund
How can a socialist public servant afford a $3000 hotel room?
Alleged rapist and IMF chief Dominique Strauss-Kahn spends much of his time deciding how much — or little — money developing economies will get. But he enjoys an expansive expense account, first-class flights and multi-million dollar homes around the globe.
Sex, Strauss-Kahn and power as an aphrodisiac
If IMF chief Dominique Strauss-Kahn is found guilty of the attempted rape of a hotel maid in New York, he will be remembered as one of the most extreme examples of reckless and misused power, reports Reuters.
Taliban’s popularity rises after massacre of the Pashtuns
Thousands of injured and starving Pashtuns fell in droves from the mountains of the Hindu Kush this week. Benjamin Gilmour listens to their stories.
Fairfax journos peddle false economic optimism
Fairfax journalists are treating the IMF’s forecasts like fact, says Scott Mitchell.
IMF slams US fiscal policies
The IMF’s assessment of US economic politics might not seem like fierce disapproval, but in policy speak it’s pretty harsh.
Political snippets: Sceptically looking for the green shoots
Richard Farmer sees no “glimmers of hope” for the economy and reflects on hard-drinking politicians.
Australia will avoid the worst of the IMF’s doom
While the IMF continues to spout negativity over the state of the economy, commentators should exercise caution when adapting its analysis to Australia.
IMF needs to up its credit limit
A truly global crisis calls out for a global response, but the IMF desperately needs to back up its talk with cash money.
Forget the IMF, listen to Stevens instead
Australians would be better to steer clear of the IMF’s recent report and instead heed yesterday’s speech by RBA governor Glenn Stevens.
Markets charge ahead, fundamentals falter
With green shoots everywhere, the markets are charging on, ignoring any number of worrying warning signs.
OECD: Unemployment and chaos will rock the world
Jobs, rather the lack of them, is going to be the big issue of the next couple of years, writes Glenn Dyer.
Mungo MacCallum: Rudd, Manning Clark, Mata Hari and Greg Sheridan
The Australian media sees a good spy story as only slightly less jeans-creaming than a good leadership story, writes Mungo MacCallum.
Risk transparency: the key to a secure financial system
The source of toxicity is the core problem plagueing the global financial system — removing it is central to restoring confidence, writes Ralph McKay.
WTO: economy three times worse than you think
Global trade is facing its biggest ever fall this year, writes Glenn Dyer, and Australia will feel the full force of the downturn.
IMF: rebound might be years away
According to the International Monetary Fund, any economic recovery won’t emerge until well into the second half of the year, if at all, writes Glenn Dyer.
Bad news for Oz as Asian growth to halve
The IMF relayed some bad news for Australia overnight, writes Glenn Dyer.
Global economy stuffed, says World Bank
The World Bank says the global economy is likely to shrink for the first time since World War II this year, writes Glenn Dyer.
OECD, IMF in agreement as global slowdown starts to bite
Developing economies are already in recession says the OECD. Glenn Dyer takes a closer look.
UK takes evasive action as IMF predicts a sluggish 2009
The Bank of england took unprecedented action overnight to rekindle economic activity, as the IMF revises down its 2009 growth predictions, reports Glenn Dyer.
IMF: Australia unlikely to become an economic basketcase
According to the IMF, Australia, protected by Asian prosperity, will not suffer an economic upheaval along with the US and Europe. By Glenn Dyer.
IMF gives Aussie economy, banks a gold star
A comprehensive report from the IMF has delivered a glowing assessment of the health of the Australian economy and the banking sector, writes Glenn Dyer.
Merrill Lynch against the wall, how far will this company fall?
First came the IMF warning, then Merrill Lynch returned another set of ugly numbers, writes Glenn Dyer.
IMF: Oz economy a beacon of buoyancy
The latest World Economic Outlook from the International Monetary Fund reveals that Australia is in a very special position, reports Glenn Dyer.
US Fed and IMF add to doom and gloom
More gloomy talk overnight from the US Federal Reserve and the IMF, which sees total losses from the credit crunch ballooning past $A1 trillion, reports Glenn Dyer.
