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Showing 161 - 170 of 594 results for %22IMF%22

Chexit, Checcident and Chimbo

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2015
... would be a follow up cut? It couldn't be Grexit, or the prospect of it. If it was, the Fed would be spooked too and "take" the IMF's repeated advice to delay lift-off that, in turn, would lift Australian/US interest rate differential that, in turn, would ...

Oxi Oxi Oxi

BENJAMIN ONG  |  MONDAY, 6 JUL 2015
... Remember that the Euro is now a major reserve currency - though down from representing about 28% of global reserves in 2008, IMF data shows that the Euro accounted for 22% of global reserves at the end of last year. That's a lotta dineros that could ...

A Greek offer that cannot be refused

BENJAMIN ONG  |  THURSDAY, 2 JUL 2015
... despite the expected unexpected happened - Greece defaulted on its 30 June deadline to repay the a,-1.5 billion it owes the IMF - and depending on what happens on the 5th of this month, the end of the euro as we know it. Perhaps. Perhaps. Perhaps. Greek ...

An ordinary trading day on D-day

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2015
... institutions' - said stuff it... and then blinked. The clock struck twelve... "Greece becomes first advanced economy in arrears to IMF" ( Reuters ) "The International Monetary Fund on Tuesday confirmed Greece had not made its 1.5 billion euro loan repayment ...

Market to open lower

AAP  |  WEDNESDAY, 1 JUL 2015
... about Greece after Greek officials made a last-minute effort to extend its bailout hours before its expiry and a possible IMF default. Eurozone finance ministers declined that request, but will continue talks on Wednesday after Athens asked for a new ...

D-day

BENJAMIN ONG  |  TUESDAY, 30 JUN 2015
Tonight's the night we make history. Whatever happens, it'll be D-day! D for the IMF declaring Greece in "default"; D for yet another extension of a "deal" or "deal talks"; D for that mythical Damocles' sword falling not only over Damocles' head but ...

Australian market set for further falls

AAP  |  TUESDAY, 30 JUN 2015
... Alexis Tsipras has called a referendum on whether to accept a bailout and reform package from the country's European Union and IMF creditors and is urging citizens to vote against the package. That could precipitate the country's departure from the eurozone ...

Euro - another experiment doomed to fail?

BENJAMIN ONG  |  MONDAY, 29 JUN 2015
... demanded by 'the institutions' - the Greeks did invent democracy. This means that the a,-1.6 billion due to be paid back the IMF on 30 June wouldn't get repaid until the Greeks have had their say 5 days after. This means that the IMF can declare Greece ...

Fedcident waiting to happen?

BENJAMIN ONG  |  FRIDAY, 26 JUN 2015
... pessimism and subsequently, spending and employment. Hey wait! I just noticed, I'm now beginning to sound like Christine. IMF head Christine Lagarde, that is. Earlier this month, my feminine side cautioned the Fed to postpone lift-off till next year ...

Joining AIIB unlocks billions of infra investment

DARREN SNYDER  |  THURSDAY, 25 JUN 2015
... operates an asset over its economic life to the benefit of members. "The inverted bid model, which has been endorsed by the IMF, OECD, World Bank, G20 and B20, is currently being presented by Industry Super Australia to international regulators, pension ...