| Fri, 6 Jan 2012 Pak economy cannot absorb 'shocks' of drastic review of ties with US: Finance Minister
| Islamabad, Jan 6(ANI): Pakistan may face international isolation on the economic front if it undertakes a drastic review of its ties with the United States, the country's finance minister Abdul Hafeez Sheikh has warned. | "There are some shocks Pakistan can abso... | Does the IMF have the right tools?
| While the IMF's managing director, Christine Lagarde, will not want Hungary to default (which could further destabilise the neighbouring eurozone), she will not want to give Mr Orban carte blanche to push through his dubious reforms either. | Yet the prospect of anoth... | Ominous signs point to a dangerous year ahead
Dan O'Brien | Economics Editor | Even if mass defaults can be avoided, renewed recession in Europe in 2012 is now as much a likelihood as a probability | PREVIEWING A year is never easy, such is the unpredictability of human affairs. At a time of such chronic uncertai... | Greece Heads Toward Default
| Greek Prime Minister Lucas Papademos told a group of labor-union leaders Wednesday that he expected that a deal on a 50% haircut on Greek government bonds would be sealed within two weeks. A day earlier, a government spokesman had warned that without a deal, Greece wo... | Stricken Hungary wants quick IMF deal
| The Hungarian minister tasked with handling bailout talks with the IMF says he wants a deal "as soon as possible", as Hungary's currency touched a new record low. | "It is the firm intention of the government to reach a deal with the IMF as soon as possible," Tamas Fe... | Two deep forces will continue to reassert their influence
| The economic world has, over the past three years, been awfully depressing. The revelries of the New Year's Eve parties might seem like an anomaly. Nearly $7.7 trillion (Dh28.2 trillion) of household wealth was lost in the United States, alone, between Spring ‘2... | MARK MOBIUS: Invest In Frontier Markets Before They Grow Into Emerging Markets
Mark Mobius | URL | Mark Mobius is the executive chairman of Templeton Asset Management Recent Posts MARK MOBIUS: Maybe We Should Be More Optimistic About North Korea Update on Korean Peninsula State of Emerging Markets Pioneering Frontier Markets Update on Korean Penin... | The Shortwave Report 01/06 Listen Globally!
| Dear Radio Friend, | The latest Shortwave Report (January 6) is up at the website http://www.outfarpress.com/shortwave.shtml in 3 forms- (new) HIGHEST QUALITY (128kb)(27MB), broadcast quality (16MB), and quickdownload or streaming form (6MB) (28:59) Links at page bott... | Pound benefits as euro dumped amid fears for banks
The pound benefited as the euro plunged to its lowest level for 15 months amid fears that eurozone countries and their banks may be buckling under the weight of their debts. | Sterling has risen 2.9pc against nine peers in the past six months, making it the third-best p... | |
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