Egypt is wanting a $3.2 billion loan from the International Monetary Fund to prevent a decline in the Egyptian economy, mainly caused by the political instability in the recent years. However leaders are concerned about the high level of debt as a result of borrowing loans.
Europe's financial troubles seem to have stabilized for the moment, but John Darkow has a feeling that things could get worse, and R.J. Matson already sees a re-run in the scary link between European indebtedness and U.S. financial institutions like Jon Corzine's bankrupt MF Global.
ABIDJAN, March 14 (Reuters) - Ivory Coast's economy will grow 8 percent in 2012 after contracting 5.1 percent in 2011, on stronger-than-expected post-conflict recovery, the International Monetary Fund said on Wednesday after meeting with Ivorian authorities.
(Reuters) - EU finance ministers suspended on Tuesday Hungary's access to half a billion euros in aid from next year for failing to keep its budget in check, but told Budapest it could escape the sanctions if it takes remedial fiscal action by June.
Japan, as we know, was devastated by the earthquake last year. This article is just thanking the world for all the aid. This article indirectly shows that the right sort of aid to a country with a stable political sector will ultimately help the country.
This article is in regards to the International Monetary Fund working to a new structure of voting rights, that would greatly benefit emerging economies such as China and Brazil. This would be appropriate seeming as China and Brazil's contribution is huge.
"Sewing Her Way Out of Poverty" has become a popular and successful strategy for women around the world thanks to the social effect of microfinance. Nicholas D. Kristof (column, Sept. 15) has reminded us of the enormous benefits of small, income-generating loans to primarily poor women.
ANTAKYA, Turkey - As the Syrian government continued to block an aid convoy from entering a devastated neighborhood in the city of Homs, Syrian refugees and activists reported Saturday that government forces were turning their guns on other restive cities.
This is an article about how there is more FDI going towards Nigeria and other parts of Africa. This will help the African nations if the politics around the investment are controlled. Usually there will be a increase in the wealthier population and an increase in the poorer population without much growth to the middle class
Russia's foreign direct investment has increased by 66% this year compared to last year, which would suggest an approach to a significant growth of the country and the economy.
Vikram Akula, the founder of SKS Microfinance, the for-profit company that is accused of aggressive collection tactics, made an unexpected observation Sunday night at the Social Enterprise Conference at Harvard University. "Professor Yunus was right," Mr. Akula said, referring to Muhammad Yunus, the Grameen Bank founder, economist and a frequent critic of Mr. Akula and others who tried to turn microfinance into a for-profit industry.