The Guardian (Free subscription) | yesterday
Prime minister to tell Commonwealth heads of government meeting that the tax should be among options to avoid further bank crisis – despite US opposition Gordon Brown will today maintain his campaign for the introduction of a so-called "Tobin tax" on global financial transactions in the face of US opposition. Buoyed by the decision of the head of the International Monetary Fund to...
Bond Vigilantes (Free subscription) | 26/11/2009
A couple of weeks ago I went on an incredibly useful trip to Frankfurt, where I met with some key policy makers from the European Central Bank and the Bundesbank, and discussed a range of issues including the timing of exit strategies and rate hikes, the inflation outlook, and an insight into the state of the banking sector. This video was recorded in early November, and it's interesting that many...
Events dear boy, events (Free subscription) | 26/11/2009
First up, comes this from Ben Brogan on how the Olympics will do wonders for Cameron: David Cameron is likely to find himself at his mid-term nadir, reviled for the pain he has had to inflict, and waiting for signs of the good times he promised would follow. No wonder he is talking privately of the Olympics as the "turning point" that could restore national morale and get him off the hook...
whoar.co.nz (Free subscription) | 26/11/2009
“..The public will not bail out the financial services sector for a second time .. .. if another global crisis blows up in four or five years time, the managing-director of the International Monetary Fund warned this morning. Dominique Strauss-Kahn told the CBI annual conference of business leaders that another huge call on public finances by the [...]
BankNoise (Free subscription) | 25/11/2009
According to a Dominique Strauss-Kahn (the International Monetary Fund’s chief) interview, a big part of losses suffered by bank (maybe up to 50% of them) isn’t still emerged, remaining “hidden in their balance sheets“. I’d say that this is not a surprise, since we already pointed out that at least a part of interventions against financial [...]
SeekingAlpha.com (Free subscription) | 25/11/2009
James Picerno submits: “We have to be sure that the recovery is final, that domestic demand is self-sustaining and the peak in unemployment is on the foreseeable horizon,” Dominique Strauss-Kahn, managing director of the IMF, said Tuesday in London in connection with a speech he gave at a British industry conference. The topic of discussion was the exit strategy, and the ever-topical question...
iStockAnalyst.com (Free subscription) | 25/11/2009
“We have to be sure that the recovery is final, that domestic demand is self-sustaining and the peak in unemployment is on the foreseeable horizon,” Dominique Strauss-Kahn, managing director of the IMF, said yesterday in London yesterday in connection with a speech he gave at a British industry conference. [More...]
DealBook (Free subscription) | 25/11/2009
Half of the losses suffered by banks could still be hidden in their balance sheets, more so in Europe than in the United States, the International Monetary Fund's chief, Dominique Strauss-Kahn, told Le Figaro.
Grasping Reality with Both Hands (Free subscription) | 25/11/2009
In general, Martin Wolf is right. Paul Krugman too. And when they explicitly degree they are superright and you can take that to the bank. Today Martin Wolf has, as usual, very smart things to say about the deficit and the debt: >Give us fiscal austerity, but not quite yet: While the increase in the debt ratio is very large in both [Britain and the U.S.], the levels expected to be reached by 2014...
Gateway Pundit (Free subscription) | 24/11/2009
The head of the International Monetary Fund warned the financial elite yesterday that public reaction would not tolerate new government bailouts. The Telegraph reported: Dominique Strauss-Kahn, head of the International Monetary Fund, has warned the financial elite that its behaviour has stretched the patience of Western democracies to near snapping point, precluding any possibility of a second [...]...
All Africa (Free subscription) | 24/11/2009
The Managing Director of International Monetary Fund (IMF), Dominique Strauss-Kahn yesterday said that the global economy's recovery from the effects of the global economic crisis still remains highly vulnerable to shocks and policy missteps.
Independent.ie - European RSS Feed (Free subscription) | 24/11/2009
International Monetary Fund managing director Dominique Strauss-Kahn said that about half of bank losses from the global financial crisis have yet to be revealed.
UK Market Reports (Free subscription) | 24/11/2009
Telegraph The Times The Times (Need to know) FT The Guardian The Independent This is Money Britain’s economy is lagging well behind other leading industrialised countries, a leading economic think-tank confirmed yesterday. Figures from the Organisation for Economic Co-operation and Development (OECD) showed that while the UK remained in recession between July and September, the other leading...
The Irish Times (Free subscription) | 24/11/2009
STARK DIVISIONS are emerging among economic policymakers about how quickly governments and central banks should withdraw emergency support measures, with Dominique Strauss-Kahn, managing director of the International Monetary Fund (IMF), warning yesterday about the risks of early exit.
Times Online (Free subscription) | 23/11/2009
The public will not bail out the financial services sector for a second time if another global crisis blows up four or five years from now, the managing director of the International Monetary Fund (IMF) warned business leaders yesterday.
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