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International Monetary Fund
Latest International Monetary Fund Items
Ireland's cash-strapped banks need another 24 billion euros ($34 billion) in coming months to demonstrate that they won't collapse in the face of future crises, the Irish Central Bank announced Thursday as it published pessimistic new stress tests.
The West is riding a wave of optimism, despite the unresolved bloody mess in Libya prophesying a resurgent Arab/Muslim world.
Ireland's ruling Fianna Fail party faced its worst defeat in nearly 80 years, an exit poll predicted Saturday, as a tidal wave of voter anger swept the Fine Gael opposition into power and crushed the party that dragged Ireland to the edge of bankruptcy.
Youths wearing ski masks hurled rocks and fire bombs at riot police as clashes broke out Wednesday in Athens during a mass rally against austerity measures, part of a general strike that crippled services and public transportation around the country.
Young demonstrators hurled rocks and fire bombs at riot police as clashes broke out Wednesday in Athens during a mass rally against austerity measures, part of a general strike that crippled services and public transportation around the country.
Ireland holds historic elections this week — a ballot that could devastate the party blamed for the country's dramatic economic reversal and dump it from office after dominating Irish politics for almost 80 years.
Ireland's parliament was dissolved Tuesday for a long-awaited Feb. 25 election as Prime Minister Brian Cowen exited the political stage defending his management of the nation's plunge toward bankruptcy.
Despite the lovefest carefully choreographed by China's increasingly sophisticated image makers last week, the United States is engaged in a high-stakes battle for economic and military supremacy in Asia and elsewhere. That battle is more complicated than the casual observer might imagine. There is a growing sense among many Asia- and China-watchers that the U.S. is engaged in a historic contest with not one, but two Chinas.
Thousands of Belgians staged a march of "shame" in the capital Sunday to demand a government after a seven-month impasse between Dutch- and French-speaking politicians, a European record.