| Sat, 13 Mar 2010 The 'invisible hand' doesn't exist
| In his enterprising book, How Markets Fail: The Logic Of Economic Calamities, journalist John Cassidy recounts the story of Friedrich Hayek, an economist who had been critical of centralised planning and thus communism for a very long time. | When the Berlin Wall fell... | Eye on a more potent foreign policy
| Europe has many redeemable qualities, but its foreign policy is not one of them. Europe needs a radical shift in its outlook to the world, especially the Middle East. It needs to accept that it's no longer the geopolitical centre of global attention as it was during t... | Investment in IMF is good: RBI
SURATPUR (Varanasi): Reserve Bank Deupty Governor KC Chakrabarty on Saturday said the investment in the International Monetary Fund by purchasing $10 billion worth of its notes is a good decision as the country has surplus foreign exchange reserves. | Speaking to report... | Mumbai heads to the high seas!
| Mumbai: Mumbai’s waterways can and must be explored — this seems to be the underlying message of the first Indian Marine Federation (IMF) Boating Days to be held at the waterfront off Pilot Bunder Road from March 19-21. The land exhibit will be at Pilot Bu... | Greece approves stringent new austerity plan
| ATHENS - Greece announced painful new austerity measures Wednesday, cutting salaries for government workers and raising taxes at the sales register, winning approval from the European Union as it tries to snuff out a financial crisis that threatens Europe's economy. |... | End of an era for global finance
| In the world of economics and finance, revolutions occur rarely and are often detected only in hindsight. But what happened on Feb 19 can safely be called the end of an era in global finance. | On that day, the International Monetary Fund (IMF) published a policy note... | Statement by IMF Managing Director Dominique Strauss-Kahn at the Conclusion of His Visit to South Africa
Mr. Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), issued the following statement today in Johannesburg at the conclusion of his visit to South Africa: | ... | RBI buys $10 b worth IMF notes
| WASHINGTON: The Reserve Bank of India has entered into an agreement with the International Monetary Fund to buy up to $10 billion (over Rs.45,000 crore) worth notes to help the multilateral agency shore up its resources for assisting countries hit by the global financ... | A case of two Pakistans
Saturday, March 13, 2010 | Arif Nizami | Just when the perception was gaining ground that the state was finally getting a handle on the existential threat from terrorism, Lahorites have received repeated rude shocks. On Monday a suicide bomber blew up an explosive-laden... | |
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