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PARIS -(Dow Jones)- The global economy is convalescing, and although it is far from being in good health it is the best that can be expected after skirting a major depression, the chief economist of the International Monetary Fund is quoted as saying Monday.
International Monetary Fund Managing Director Dominique Strauss-Kahn today said the global economy has made remarkable progress and now stands at the cusp of recovery, but it still remains highly vulnerable to shocks and policy missteps.
Good morning. It is a pleasure to address this distinguished gathering this morning. I would like to share my thoughts on the global economy and pending policy challenges. I think it is a good time to take stock.
In a speech today at a conference organized by the Monetary Authority of Singapore, International Monetary Fund (IMF) Managing Director Dominique Strauss-Kahn called on Asia to play a leading role in guiding the global economy to a new, more sustainable path for global growth.
The head of the IMF Dominique Strauss-Kahn said here on Monday that although the worst of the global financial storm had passed, the world economy remains "highly vulnerable."
US President Barack Obama arrived Wednesday in South Korea on the last leg of his debut Asian tour, with North Korea's nuclear programme and a stalled free trade pact due to top the agenda.
China is leading the world out of recession and has a key role to play in the longer-term reform and rebalancing of the global economy, Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), said in a speech to the International Finance Forum in Beijing today.
LONDON -(Dow Jones)- International Monetary Fund Managing Director Dominique Strauss-Kahn said Monday that it is still too early for a general exit from stimulus policies, and that governments should err on the side of caution, with a late exit being potentially less damaging than an early one.
Nov. 23 (Bloomberg) -- Crude oil rose from a one-week low on speculation demand will increase as the global economy recovers from its worst recession since World War II.
The United States is eyeing side talks with key partners on services trade as a way to spur flagging World Trade Organization talks, the Obama administration's nominee for WTO ambassador said.
Global stock markets rose sharply on Monday as the dollar weakened, mirroring surging commodities, while signs of a possible international battle for British confectioner Cadbury focused traders' minds.
The Oct. 7 statement by the National Cattlemen’s Beef Association (NCBA) regarding Canada’s challenge of the U.S. Country of Origin Labeling Law (COOL) under the World Trade Organization (WTO) was disappointing to many cattle producers across the country, including myself.
(RTTNews) - The Moroccan economy could grow by a solid 5% this year, but growth could slowdown to 3%-3.5% in 2010, the International Monetary Fund said on Friday.
Nov. 18 (Bloomberg) -- Russia remains committed to joining the World Trade Organization and wants to complete membership talks as quickly as possible, alone or with trade partners Belarus and Kazakhstan, Russian President Dmitry Medvedev said.
Nov. 18 (Bloomberg) -- Russia remains committed to joining the World Trade Organization and wants to complete membership talks “soon,” said Vladimir Chizhov , the Russian ambassador to the European Union.
Nov. 23 (Bloomberg) -- International Monetary Fund Managing Director Dominique Strauss-Kahn said that about half of bank losses from the global financial crisis have yet to be revealed.
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