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Sunday, February 5, 2012

Trade cheats beware: new U.S. team will come after you: Kirk

Posted by Reuters: Business News on January 29, 2012

DAVOS, Switzerland (Reuters) – A new team of U.S. trade enforcers will make countries think twice about putting up unfair barriers to American exports, President Barack Obama’s top trade official said.



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IMF seeks $600 billion in new funds, G20 to discuss

Posted by Reuters: Business News on January 19, 2012

WASHINGTON/MEXICO CITY (Reuters) – The IMF is seeking to more than double its war chest by raising $600 billion in new resources to help countries deal with the fallout of the euro zone debt crisis, but the plan faces roadblocks from the United States and other countries.



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IMF seeks $600 billion more in funds

Posted by Reuters: Business News on January 18, 2012

WASHINGTON/MEXICO CITY (Reuters) – The International Monetary Fund is seeking to boost its war chest by $600 billion to help countries reeling from the euro zone debt crisis, but some nations insist Europe must first do more to support its ailing members, international financial sources said on Wednesday.



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IMF seeks to boost lending war chest by up to $600 billion

Posted by Reuters: Business News on

WASHINGTON (Reuters) – The International Monetary Fund is estimating it needs to raise up to $600 billion in new resources to lend to countries struggling with the fallout from the growing euro zone debt crisis, IMF sources said on Wednesday.



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IMF looks to raise $600 billion in new resources: sources

Posted by Reuters: Business News on

WASHINGTON (Reuters) – The International Monetary Fund is estimating it needs to raise up to $600 billion in new resources to lend to countries struggling with the fallout from the growing euro zone debt crisis, IMF sources said on Wednesday.



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Europe pushes ahead with fiscal union, UK isolated

Posted by Reuters: Business News on December 9, 2011

BRUSSELS (Reuters) – Europe secured an historic agreement to draft a new treaty for deeper economic integration in the euro zone on Friday, but Britain, the region’s third largest economy, refused to join the other 26 countries in a fiscal union and was left isolated.



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S&P piles pressure on EU budget plan

Posted by Reuters: Business News on December 6, 2011

PARIS/NEW YORK (Reuters) – Standard & Poor’s has warned it may carry out an unprecedented mass downgrade of euro zone countries if EU leaders fail to deliver a convincing agreement on how to solve the region’s debt crisis in a summit on Friday.



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Inflation, debt crisis hurt euro zone retail sales

Posted by Reuters: Business News on November 7, 2011

BRUSSELS (Reuters) – Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU’s statistics office said on Monday, reinforcing concern that the bloc’s economy may be heading for a recession.



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IMF mulls how to better help countries under strain

Posted by Reuters: Business News on October 30, 2011

WASHINGTON (Reuters) – The International Monetary Fund said on Sunday that it was considering how better to help countries under economic strain because of financial market stress but said it was not targeting particular countries.


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Europe eyes bigger Greek losses for banks

Posted by Reuters: Business News on October 12, 2011

BRUSSELS/ATHENS (Reuters) – Euro zone countries will ask banks to accept losses of up to 50 percent on their holdings of Greek debt, officials said on Wednesday, as part of a grand plan to avert a disorderly default and stem a crisis that threatens the world economy.



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