Topic - International Monetary Fund

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EDITORIAL: Time running out for Greece
The forces of big spending will have another shot at the polls next month in Greece. The Syriza party, which is strongly opposed to austerity programs, is expected to gain in the upcoming election. Unfortunately for the long-suffering Greek taxpayers, opposition to austerity means, in all probability, that Greece will remain stuck in the recessionary spiral that's dizzied the nation for the last four years.
Strauss-Kahn countersues N.Y. hotel maid for $1 million
Dominique Strauss-Kahn is suing the hotel housekeeper who accused him of sexually assaulting her, saying she seriously damaged his reputation with what he calls a bogus allegation.
Economy Briefs: IMF chief raises possibility of Greece's euro exit
The head of the International Monetary Fund on Tuesday raised the possibility that Greece could leave the eurozone in an orderly fashion.
Greek efforts for coalition government founder
Critical last-ditch talks to form a coalition government in crisis-struck Greece foundered once more Sunday, leading the country one step closer to new elections, although the socialist party leader said he retained 'existing but limited' optimism for a deal.
After JPMorgan loss, a call for stricter oversight
JPMorgan Chase faces intense criticism for claiming that a surprise $2 billion loss by one of its trading groups was the result of a sloppy but well-intentioned strategy to manage financial risk.
VERSACE: Rising uncertainties dampen market returns
After one of the strongest first quarters for the stock market no matter what index you prefer - the Dow Jones industrial average, the Standard & Poor's 500 index (my preferred metric) or the Nasdaq - April had the distinction of being the first down month for the stock market since November.
Maid's N.Y. suit vs. Strauss-Kahn can proceed
A hotel maid's sexual assault lawsuit against Dominique Strauss-Kahn sexually assaulted her in New York City can go forward to trial, a judge ruled Tuesday, rebuffing the former International Monetary Fund leader's diplomatic-immunity claim.
Economy Briefs: Google fires back at FCC on investigation
Google is firing back at the Federal Communications Commission after an investigation led to a $25,000 fine against the Internet search leader.
Economy Briefs: Coca-Cola recommends 2-for-1 split of stock
The Coca-Cola Co. is recommending its first stock split in 16 years.
Briefly: Netherlands finance minister returns to talk austerity
The Dutch finance minister flew home early Sunday from International Monetary Fund meetings to discuss the future of austerity measures torpedoed by euro-skeptic lawmakers and to reassure ratings agencies that he wants to put his country's budget back on track.
IMF warns Europe not to ease up debt battle
An infusion of hundreds of billions of dollars will give the International Monetary Fund a badly needed boost to tackle Europe's prolonged debt crisis. But global finance officials sent a strong message Saturday that struggling governments must speed reforms or risk spooking jittery markets and raising the economic danger.
IMF projected to top $400 billion in pledges
Britain's top finance official says the International Monetary Fund will exceed $400 billion in its drive to significantly bolster its resources to deal with the European debt crisis and other financial emergencies.
Europe weighs heavily on U.S. stock market
It hardly needed it, but the U.S. stock market on Wednesday got another sharp reminder of how its fortunes are tied inexorably to the European economy.
Tint on IMF's glasses gets a bit rosier
The International Monetary Fund is more optimistic about the global economy after seeing faster U.S. growth and a coordinated effort in Europe to address the Continent's debt crisis.
Economy Briefs: Court rules managers not responsible for lunch breaks
In a case that affects thousands of businesses and millions of workers, the California Supreme Court ruled Thursday that employers are under no obligation to ensure that workers take legally mandated lunch and rest breaks.