#International Monetary Fund
# international-monetary-fund - Friday 20 May, 2011
The world is ending tomorrow (we’re told) so here it is: the last ever wrap-up of the day’s news.
# international-monetary-fund - Thursday 19 May, 2011
The former managing director of the International Monetary Fund is freed on 24-hour home detention with an electronic tag.
The head of the IMF has quit amid allegations of sexual assault and attempted rape. Read his full statement to the organisation here.
Dominique Strauss-Kahn says he denies “with the greatest possible firmness” the charges against him. The task of replacing him as managing director of the International Monetary Fund is already underway.
# international-monetary-fund - Wednesday 18 May, 2011
As Dominique Strauss-Kahn’s future hangs in the balance, Brazil asks for the next leader to come from the developing world.
# international-monetary-fund - Monday 16 May, 2011
Our daily wrap-up of what’s been going on – including a tongue-in-cheek tour of a certain house in Abbottabad…
Portugal will borrow over 7.5 years at an average interest rate of 5.7 per cent – slightly less than the 5.83 per cent we pay.
Despite offering $1m bail from his wife’s account and offering to wear an electronic tag, Dominique Strauss-Kahn is jailed until Friday.
The Minister for Finance heads to the Belgian capital today but is not expected to make any significant progress on the terms of Ireland’s bailout package as Greece, Strauss-Kahn and Portugal dominate the agenda.
# international-monetary-fund - Thursday 12 May, 2011
Brendan Howlin has told Reuters that Ireland would seek to improve the terms of its bailout as he robustly defended the government’s position on corporation tax and ruled out further austerity measures.
# international-monetary-fund - Wednesday 11 May, 2011
French sources tell RTÉ that Ireland isn’t offering enough leeway on raising the famed corporation tax rate.
# international-monetary-fund - Monday 9 May, 2011
There are conflicting reports about the extent to which Greece needs help but the suggestion that Athens would pull out of the euro has been dismissed as a “stupid idea”.
# international-monetary-fund - Wednesday 4 May, 2011
The Department of Finance’s draft memorandum of understanding also includes renewed plans to sell €73bn of bank assets.
Portugal’s caretaker government signs off on the Eurozone’s third bailout package – but is their deal better than ours?
# international-monetary-fund - Tuesday 3 May, 2011
A preliminary agreement on emergency lending to Portugal’s caretaker government is due in days, an EU official says.
# international-monetary-fund - Sunday 24 April, 2011
Dan O’Brien’s half-hour programme on Ireland’s economic downfall gets its first airing. Here are some select excerpts.
The minister for social protection Joan Burton has said that she wants to get people back to work and off the cash-in-hand black market.
# international-monetary-fund - Saturday 16 April, 2011
Despite the agreement, it is not clear what repercussions there would be for countries whose finances contain dangerous imbalances.
# international-monetary-fund - Friday 15 April, 2011
The so-called troika partners of the EC, ECB and IMF gave a press conference in Dublin this afternoon where they endorsed the Irish government’s programme.
# international-monetary-fund - Thursday 14 April, 2011
The comments of Brendan Howlin came as it emerged that the minimum wage is to be restored to €8.65.
# international-monetary-fund - Monday 11 April, 2011
# international-monetary-fund - Thursday 31 March, 2011
€70 billion (and counting) in state aid for the banks, 45,000 mortgage defaults, and 15.8 per cent unemployment…
# international-monetary-fund - Tuesday 29 March, 2011
New figures from the Financial Regulator show that Ireland’s drawn down €18.4bn of the €67.5bn set aside by the EU-IMF.
# international-monetary-fund - Tuesday 15 March, 2011
Enda Kenny tells the Dáil he made it clear that Ireland’s corporate tax, and its bailout interest rate, were separate issues.
# international-monetary-fund - Friday 4 March, 2011
The slight alternations in the interest rate are a result of existing agreements and are not a result of any change in policy.
# international-monetary-fund - Tuesday 1 March, 2011
In a country where some children never reach their fifth birthday, the son of the Equatorial Guinea’s dictator has commissioned a super-yacht complete with movie theatre, restaurant, pool and shark tank.
# international-monetary-fund - Wednesday 16 February, 2011
Portugal issues €1bn in twelve-month bills, while buying back some of its older debt – but the results aren’t ideal.
# international-monetary-fund - Wednesday 15 December, 2010
The Dáil approves the €67.5bn loan package after what Brian Lenihan calls “a dreary and depressing debate”.
George Soros says the world’s markets have priced in a renegotiation – and that the new government must seek one.
# international-monetary-fund - Saturday 11 December, 2010
Nine things you really, really need to know by 9am: the Vatican was “offended” at the Murphy Inquiries, the bailout is back in doubt, and the Old Enemy could still be coming to Dublin.
# international-monetary-fund - Wednesday 1 December, 2010
Tax hikes, minimum wage cuts, bank sales and austere budgets in exchange for €85bn – but there’s no hit for bondholders.
# international-monetary-fund - Tuesday 30 November, 2010
NMA TV – a Taiwanese animation studio known for its tongue-in-cheek news reporting – goes all out on Ireland.
# international-monetary-fund - Monday 29 November, 2010
Ajai Chopra says a new government can tweak the terms of Ireland’s bailout – as long as it maintains the same objectives.
€17.5bn of Ireland’s rescue will come from its own pensions reserve, while the remainder comes at a hefty 5.8% charge.
# international-monetary-fund - Thursday 25 November, 2010
The Four Year Plan comes to the Dáil, the state considers a second bad bank, and North Korea finds an unlikely ally.
# international-monetary-fund - Wednesday 24 November, 2010
The IMF is here – but what exactly does that mean? The former head of the organisation Simon Johnson says Ireland has to wave goodbye to “illusion and self-delusion”.
The EU/IMF emergency fund will make €85bn available for Ireland – but will require the state to recapitalise the banks again.
# international-monetary-fund - Saturday 20 November, 2010
Insiders tell the foreign press that the bailout being considered for the banks is €50bn, with more for the state if needed.
# international-monetary-fund - Thursday 18 November, 2010
The Minister for Finance all but admits that a bailout is needed, saying the banking sector urgently needs funding.
Who was right in Saipan? Which is better, Daddy or chips? And as for how they get the figs into the fig rolls…