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IMF says plans no new visit to Egypt for now
ReutersWASHINGTON (Reuters) - The International Monetary Fund is not currently planning a new visit to Egypt to discuss the country's $4.8 billion loan program as it awaits new economic data and reform plans from the government, the Fund's spokesman said on...Tags: Politics, European Union, Egypt, International Organizations
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IMF likely to be next Pakistan government's first stop
ReutersBy Katharine Houreld ISLAMABAD, May 9 (Reuters) - Whoever wins Pakistan's elections has a fight on their hands - not just against the Taliban, but negotiating with international backers to provide a multi-billion-dollar bailout for a country that has...Tags: Nawaz Sharif, Political Fundraising, Politics, Saudi Arabia, World Bank Group
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G7 finance chiefs to discuss bank reform push
ReutersBy William Schomberg LONDON, May 9 (Reuters) - Some of the world's most powerful finance chiefs will meet in an English stately home on Friday and Saturday to try to speed up banking and finance reforms, with Cyprus' near meltdown fresh in their minds....Tags: European Central Bank, Italy, Politics, International Organizations, Japan
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Sanctions help to stoke Iran property boom but bubble feared
Reuters* Tehran skyline transformed by construction boom * Wealthy Iranians use property to protect their savings * Boom puts poorer Iranians in financial difficulty * Some developers fear property bubble will burst By Marcus George and Zahra Hosseinian May...Tags: Rentals, Tehran (Iran), Inflation and Deflation, Dubai (United Arab Emirates), Property
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FEATURE-Kuwait making tentative steps to connect with youth
Reuters* Ministers reach out to bloggers after protests * Young officials want economic reform in oil-rich Kuwait * Bureaucracy, corruption, politics stall development By Sylvia Westall KUWAIT, May 8 (Reuters) - On a January afternoon in Kuwait City, a group...Tags: Political Corruption, Interior Policy, Kuwait, Politics, Media Industry
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Tunisia stock market stirs, points to stronger economy
Reuters* Three IPOs so far this year vs two in all of 2012 * Official says 15 in the pipeline * Contrasts with moribund IPO outlook in Egypt * Market regulation still a problem * Outlook unclear for listings of big state firms By Tarek Amara TUNIS, May 8...Tags: Financial Markets, Consultancy Service, Financing and Stock Offerings, Political Fundraising, Revolutions
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Iraq to rebuild rail system as reconstruction gathers pace
Reuters* Network almost destroyed by war, economic turmoil * Plans taking shape to renovate lines, build new ones * Iraq hopes to trans-ship goods to Europe * Could have political as well as economic benefits * Financing, security remain major obstacles...Tags: Basra (Iraq), Baghdad (Iraq), Railway Industry, Iraq, Transportation
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IMF says Serbia mission a "health check", not loan talks
ReutersBELGRADE (Reuters) - The International Monetary Fund will not discuss a fresh loan deal on a mission to Serbia starting this week, it said on Tuesday, describing the visit as a "health check" of the Balkan country's economy. Serbia's government says it...Tags: Serbia, Politics, World Bank Group, Russia, International Organizations
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South Sudan set to pay Sudan $2 billion in oil fees by 2015: IMF
ReutersKHARTOUM (Reuters) - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fund (IMF) said on Tuesday. Sudan...Tags: Public Finance, Political Corruption, Upstream Oil and Gas Activities, Politics, Sudan
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Egyptian Cabinet shuffle strengthens Muslim Brotherhood
CAIRO -- President Mohamed Morsi reshuffled his Cabinet on Tuesday, strengthening the Muslim Brotherhood’s hold on power and angering the opposition amid Egypt’s economic turmoil and political unrest. The naming of nine new ministers...
Tags: Islam, Mohamed Morsi, Politics, Judges, Religion and Belief
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German finance minister softens stance on EU bank union
ReutersBERLIN (Reuters) - German Finance Minister Wolfgang Schaeuble signaled a softer stance on European banking union on Tuesday, saying that rather than waiting for a treaty change, governments should coordinate policies on closing banks. A banking union...Tags: Angela Merkel, European Central Bank, Christine Lagarde, Politics, Market and Exchange
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COLUMN-UK's long wait - for Carney and recovery: James Saft
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft May 7 (Reuters) - Britain may well come to regret the exceptionally long gap between Governor of the Bank of England-to-be Mark Carney's appointment in November and...Tags: Financial Markets, European Central Bank, Sales, Credit Ratings, Inflation and Deflation
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