Thursday, May 17, 2012 4:09 AM HKT

IMF

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rates and the balance of payments. It is an organization formed with a stated objective of stabilizing international exchange rates and facilitating development. It also offers highly leveraged loans mainly to poorer countries. Its headquarters are located in Washington, D.C., United States.

Articles About IMF

Euro
Global Losses From Greek Euro Zone Exit Could Reach €1 Trillion

By IBTimes

The financial markets appear to have already priced in Greece’s departure from the euro bloc. (3:56 am)

MORE TOPICS: PORTUGAL, GERMANY, ELECTIONS, MANAGEMENT

Alexis Tsipras
Greece's Syriza: The Policies, Leadership And History Of A Party Poised To Lead Greece

By IBTimes

Recent polls show that Greece's far-left Syriza party is poised to gain the most votes in the June 17 parliamentary elections. The news has many wondering exactly where the popular opposition party came from, what it represents, and how it would... (2:27 am)

MORE TOPICS: UNEMPLOYMENT, ELECTIONS

Daily Summary on USD, Euro, GBP, JPY, CAD, AUD and NZD

By Union Bank of California

The dollar is evenly mixed this morning against its major counterparts as the continued stream of positive economic data out of the US offsets some of the ongoing European fears. Housing starts came in better than expected as builders broke ground on... (1:29 am)

MORE TOPICS: CHINA, GOLD, GDP, ELECTIONS, COPPER, DISASTERS

Exclusive: ECB stops operations with some Greek banks: sources

By Reuters

The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on Wednesday. (1:00 am)

MORE TOPICS: GERMANY, EUROPEAN CENTRAL BANK

Sterling To Consolidate Further On Dovish BoE, Euro Correction On Tap

By DailyFX

The British Pound tumbled to a fresh monthly low of 1.5888 as the Bank of England kept the door open to expand monetary policy further, and the sterling may face additional headwinds over the near-term as the spillover effects from the sovereign debt crisis dampens the outlook for the region. (10:47 pm)

MORE TOPICS: DOW JONES, BEN BERNANKE, TWITTER, BANK OF ENGLAND, EUROPEAN CENTRAL BANK, INTERNATIONAL MONETARY FUND

IMF
'It Would Be Messy': IMF Chief Lagarde Talks Of Potential Greek Euro Exit

By IBTimes

The comments come amid a growing chorus of European ministers openly discussing the possibility of a Greek exit from the single currency. (10:34 pm)

MORE TOPICS: ELECTIONS, INTERNATIONAL MONETARY FUND

Greeks vote with wallets in fear of euro zone exit

By Reuters UK

Greeks are voting with their wallets and pulling euros out of the banks in fear that their country may leave the European single currency despite the declared determination of EU powers Germany and France to keep Athens in the monetary union. (9:28 pm)

MORE TOPICS: BARACK OBAMA, GERMANY, EUROPEAN UNION, WHITE HOUSE, BANK OF ENGLAND, EUROPEAN CENTRAL BANK

Greek political leaders attend a meeting in Athens
Greece Sets New Elections, To Form Interim Caretaker Government

By IBTimes

Last-ditch efforts to form a unity government on Tuesday failed, leading Papoulias to call these extraordinary measures. (9:00 pm)

MORE TOPICS: EUROPEAN UNION, ELECTIONS, INTERNATIONAL MONETARY FUND

Commodities Sold on Greece Woes, May Extend Losses on Fed Minutes

By DailyFX

Commodity prices are trading broadly lower in European hours as risk aversion grips financial markets, weighing on sentiment-linked crude oil and copper prices while boosting the safe-haven US Dollar to put de-facto downward pressure on gold and silver. (8:42 pm)

MORE TOPICS: GOLD, UNEMPLOYMENT, CRUDE OIL, TWITTER, ELECTIONS, COPPER

France's Hollande to give moderates key cabinet jobs

By Reuters UK

French President Francois Hollande is to unveil his government on Wednesday, likely to opt for moderate social democrats in the key posts of finance and foreign affairs and put a more old school Socialist in charge of a new super ministry for youth and education. (5:35 pm)

MORE TOPICS: AFGHANISTAN, UNEMPLOYMENT, GERMANY, MANUFACTURING, ELECTIONS, INVESTMENT