Tag Archives: imf

World Popular Resistance Clippings 3/4/2013

CPN-Maoist capture private land of Regmi KATHMANDU, APR 03 – Cadres of CPN-Maoist captured some 35 acres of private land belonging to Interim Election Council Chairman Khil Raj Regmi in Bardiya. A team led by CPN-Maoist District Secretary Drabya Sah … Continue reading

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EU,IMF Officials in Ireland for Bailout Review

Senior officials from the European Union (EU), European Central Bank (ECB) and the International Monetary Fund (IMF) arrived in Dublin on Wednesday to carry out their third review of Ireland’s 85-billion-euro bailout package. The quarterly review of the Irish government’s … Continue reading

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Concerns about Noonan bonds proposal

Officials involved in Ireland’s EU/IMF bail-out programme fear that Finance Minister Michael Noonan’s plan to impose losses on senior bondholders in Anglo Irish Bank and Irish Nationwide could have negative consequences for Bank of Ireland and AIB. Sources have told … Continue reading

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IMF stops payment over Afghan bank crisis

A senior adviser to Afghanistan’s finance minister says the International Monetary Fund (IMF) has withheld an expected USD 70 million reconstruction payment because of concerns over the near-collapse of the nation’s largest private bank. Najib Mamalai Ajid told The Associated Press … Continue reading

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Japan Should Raise Sales Tax To 15%: IMF

NEW YORK (Dow Jones)–Japan, struggling with the aftereffects of a devastating earthquake and tsunami on top of decades of stagnation, should raise its consumption tax starting next year to 15% from the current 5% level, the International Monetary Fund said … Continue reading

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Ukraine hopes to get 3 billion dollars from IMF in August: official

The Ukrainian cabinet hopes to get 3 billion U.S. dollars from the International Monetary Fund (IMF) in August after pension reform adoption, said Ukrainian Deputy Prime Minister and Minister for Social Policy Sergey Tigipko here on Wednesday. “To my mind, … Continue reading

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IMF: Seoul Could Do More to Combat Inflation

SEOUL—The International Monetary Fund wants South Korea to raise interest rates faster and let its currency rise further in value to tame inflation, according to officials familiar with discussions taking place between the IMF and Seoul. The IMF’s concerns could … Continue reading

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Portugal civil servants strike after bailout deal

  About 250,000 civil servants in Portugal are on strike, joining Greece and Ireland in dealing with severe austerity measures that are part of European Union bailout deals. Trade unions say the strike is severely disrupting hospital services and trash … Continue reading

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Maldives Braces for More Anti-Government Protests

The Maldives is bracing for an escalation of protests Friday, after a week of nightly clashes between anti-government protesters and police.  Protesters say the movement is fueled by frustration over economic mismanagement and high commodity prices. Police say five nights … Continue reading

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Petrol bombs found in mosque during second night of anti-government protests

A second night of violent protests in the capital city ended with the arrest of several demonstrators after petrol bombs were thrown at police in the early hours of this morning. Protesters gathered last night near the Tsunami Monument in … Continue reading

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