Tag: International Monetary Fund

Apple CEO Tim Cook has announced plans to build an app design facility in the southern Indian city of Bangalore

Apple CEO Tim Cook Argues for Globalization

Apple CEO Tim Cook, declaring that globalization is “great for the world,” announced at the China Development Forum 2017 last week that the company will spend $507 million to open two additional research centers in the People’s Republic of China.

IMF Agrees with Donald Trump on Stagnant Economy

The dismal forecast in the latest International Monetary Fund (IMF) World Economic Outlook reads like Republican presidential nominee Donald Trump’s talking points — namely, in its analysis that “sub-par growth at recent levels risks perpetuating itself—through the negative economic and political forces it is unleashing.”

Deutsche Bank (Hannelore Förster / Getty)

Deutsche Bank May Be on Verge of Lehman Brothers Moment

Following the U.S. Justice Department’s demand for $14 billion to settle a mortgage-backed securities probe, several big hedge funds moved their derivative holdings from Deutsche Bank to other firms to avoid the risk of another Lehman Brothers-style liquidity squeeze.

Israeli Merkava tanks roll near the border between Israel and the Gaza Strip as they return from the Hamas-controlled Palestinian coastal enclave on August 5, 2014, after Israel announced that all of its troops had withdrawn from Gaza.

IDF Preps for Future Gaza Conflict

The Gaza Strip and its residents are barreling towards disaster, brought on by crippling unemployment, a nonexistent economy, water and electricity shortages, a growing population and the “Islamic dictatorship” of Hamas, while the IDF is trying — and thus far succeeding — to keep the coastal enclave’s terrorist leaders deterred and contained, a senior IDF officer from the Southern Command said Sunday.

IMF Boss: Markets Got Brexit Prediction Wrong

WASHINGTON (Reuters) – Financial markets “vastly underestimated” the outcome of Britain’s vote to leave the European Union but did not panic on Friday, International Monetary Fund Managing Director Christine Lagarde said on Sunday. “There was a violent, brutal, immediate massive

Greek Nationals Flee to Australia to Escape Financial Crisis

In the wake of the growing financial crisis, thousands of Greek nationals are fleeing their homeland. Tens of thousands have ended up in Australia. It is the largest wave of migration from Greece to Australia since hundreds of thousands fled the march of fascism in World War II.