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Demeter

(85,373 posts)
14. THE WORLD'S ECONOMIC SPRING MEET-AND-GREET
Tue Apr 24, 2012, 05:49 AM
Apr 2012


The International Monetary Fund and the World Bank are meeting this weekend, and once again fixing Europe's debt problems will be the big subject. “Compared with autumn last year, there has certainly been a gradual improvement,” said Thomas Mirow, president of the European Bank for Reconstruction and Development. But compared with early 2011, he said, “things have not improved and maybe have even darkened.”

In order to continue battling the economic crisis, Christine Lagarde, the IMF's managing director, has asked for $400 billion in extra funds to deploy in the member countries. This would bring the total the organization has on hand to $700 billion, and emerging nations are expect to add to the pot—a marked difference from the past where only developed countries did the lending. Lagarde has also pushed a change to the bailout fund, allowing it to lend to financial institutions that could derail the economy even further in the next 18 months, and not just countries. Germany has bristled at the notion of getting involved of these safety measure—while much of the continent is in peril, Germany just saw its business confidence climb for the sixth consecutive month.

The American Dream Demeter Apr 2012 #1
Can Obama TRUMP CITIZENS UNITED with SIGNING STATEMENTS? Demeter Apr 2012 #2
What If Pensions Funds Grabbed the Reins? Demeter Apr 2012 #3
SEC accuses two former CalPERS board members of fraud Demeter Apr 2012 #6
Ex-Calpers chief accused of fraud Demeter Apr 2012 #10
Dreaming of a New ‘Norm’ for Executive Pay By Froma Harrop Demeter Apr 2012 #4
Employees, Too, Want a Say on the Boss’s Pay By GRETCHEN MORGENSON Demeter Apr 2012 #32
New York Times Details Widespread Bribery in Wal-Mart Mexico and Top Executive Coverup Demeter Apr 2012 #33
Weighing the Legal Ramifications of the Wal-Mart Bribery Case Demeter Apr 2012 #47
Ten Reasons the JOBS Act Is an Insane Race to the Bottom By William K Black Demeter Apr 2012 #5
With horrorscopes like this, who needs enemies? Demeter Apr 2012 #7
Investors launch Deutsche Bank protest Demeter Apr 2012 #8
Facebook profits dip before IPO Demeter Apr 2012 #9
Europe must confront crisis of legitimacy Demeter Apr 2012 #11
Eurozone economic activity contracts Demeter Apr 2012 #13
Obama pushes for student debt reprieve Demeter Apr 2012 #12
Debt slaves will only be beaten on Tuesdays! Whoopee! rfranklin Apr 2012 #16
That depends on whether one learns anything that can be applied to the real world Demeter Apr 2012 #17
You sound like an old fuddy duddy! There are huge numbers of students pursuing "practical" careers rfranklin Apr 2012 #24
What if Steve Jobs Hadn't Dropped Out of Harvard? Demeter Apr 2012 #28
It was... AnneD Apr 2012 #37
Steve Jobs went to Harvard for a two year training from 1996 to 1997. Demeter Apr 2012 #44
Thanks.... AnneD Apr 2012 #50
Yeah, Jobs dropped out of Reed Demeter Apr 2012 #51
THE WORLD'S ECONOMIC SPRING MEET-AND-GREET Demeter Apr 2012 #14
It's hard to find news this week Demeter Apr 2012 #15
My dogs were barking furiously outside yesterday DemReadingDU Apr 2012 #19
I can't blame the poor puppies--they could have been brained! Demeter Apr 2012 #31
Gideon Sundback Google Doodle DemReadingDU Apr 2012 #18
Lehman Brothers "Fudged the Numbers," Says Investigator Demeter Apr 2012 #20
morning xchrom Apr 2012 #21
What are they looking at? Is that a dog in the background? n/t DemReadingDU Apr 2012 #39
i figure kids looking at something Gross. like worms. xchrom Apr 2012 #41
STIGLITZ: America Is Being Devoured By Parasites xchrom Apr 2012 #22
Being gutted by multinationals and banksters doesn't constitute a "transition" Demeter Apr 2012 #30
stiglitz interview in The European xchrom Apr 2012 #23
IMF encourages Europe's economic suicide By Ambrose Evans-Pritchard Demeter Apr 2012 #25
IMF allows eurozone to stay in its fantasy world By Liam Halligan Demeter Apr 2012 #26
Markets looking rosier today Roland99 Apr 2012 #27
Ben is such a sissy Demeter Apr 2012 #29
Duty Calls Demeter Apr 2012 #34
... xchrom Apr 2012 #35
Irish mortgage arrears still rising, Bank of Ireland warns xchrom Apr 2012 #36
US home prices drop for 6th straight month xchrom Apr 2012 #38
and Apple reports later today. Good? Bad? DemReadingDU Apr 2012 #40
they've been getting Dinged here lately -- so i don't know. nt xchrom Apr 2012 #42
Apple Reports Results for Q2 2012: $11.6 Billion Profit on $39.2 Billion in Revenue hamerfan Apr 2012 #54
Japan's Nikkei falls, investors rattled by European politics xchrom Apr 2012 #43
What about all those excess reserves at the Fed? Edward Harrison Demeter Apr 2012 #45
How Pete Peterson is driving the fiscal consensus By Felix Salmon Demeter Apr 2012 #46
Jailed for $280: The Return of Debtors' Prisons Demeter Apr 2012 #48
Debtors filing lawsuits over aggressive collection tactics Demeter Apr 2012 #49
Watch for this to increase... AnneD Apr 2012 #52
They need to have more prisoners to work private farms. Fuddnik Apr 2012 #53
Brother Were Art Thou...... AnneD Apr 2012 #56
Hugging 13K like an addict; what a market--not Demeter Apr 2012 #55
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