3:42 PM, Feb 24, 2015 • By GEOFFREY NORMAN
Ian Talley of the Wall Street Journal writes that according to Christine Lagarde, managing director of the International Monetary Fund:
An “insidious conspiracy” of laws is keeping women out of the workforce around the world, costing the global economy badly needed growth.
Ms. Legarde cites an IMF study pointing to:
Countries such as India, Turkey, Pakistan and Egypt [that] are losing hundreds of billions of dollars in lost economic potential as they preserve fences against working women …
Qatar, Oman and Iran topped the list at over 30% of GDP. Absent from the list was Saudi Arabia, which has one of the lowest labor-force participation rates for women in the world, according to the World Bank.
If there are obvious conclusions to be drawn here, Ms.Legarde neglected to do so.
11:41 AM, Jan 8, 2015 • By JIM SWIFT
On a frigid, windy night in Washington, a couple hundred people trekked to the Newseum for a vigil for the murdered French journalists from the Parisian weekly Charlie Hebdo, the police that died trying to protect them, and those that were wounded.
12:00 AM, Apr 27, 2013 • By IRWIN M. STELZER
The U.S. economy grew at an annual rate of 2.5 percent in the first quarter, well ahead of the paltry 0.4 percent in the final quarter of 2012.
12:00 AM, Apr 20, 2013 • By IRWIN M. STELZER
They come, they meet, they confer, they dash from television studio to television studio. Whether all of this to-do at the meetings here of the International Monetary Fund and the World Bank signify anything very much in the world outside of policymakers’ conference rooms is unclear.
12:30 PM, Dec 22, 2011 • By JOHN ROSENTHAL
Two employees of the Sofitel hotel in New York walk into what appears to be a storage room, exchange a few words, and then break into a “dance of joy” – as it is has been termed in the French media – ending with an emphatic shoulder bump.
2:34 PM, Jun 17, 2011 • By MICHAEL WARREN
The International Monetary Fund (IMF) warned today that the United States is on dangerous economic ground if it does not reduce its budget deficit soon:
SAO PAULO (Reuters) - The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing with fire" unless they take immediate steps to reduce their budget deficits....
10:00 AM, May 16, 2011 • By MARK HEMINGWAY
Over the weekend, International Monetary Fund head Dominique Strauss-Kahn was nabbed by police and accused of sexually assaulting a hotel maid. Even as that case is being sorted out, new allegations of sexual assault are emerging against the high-powered French bureaucrat:
The death of Ireland’s crony capitalist party.Feb 21, 2011, Vol. 16, No. 22 • By CHRISTOPHER CALDWELL
In the grand old days before the Irish real estate boom collapsed, the ruling Fianna Fáil party used to campaign the fun way. Infamously, the party held blowout fundraisers every year in a tent at the Galway races. Bankers and property magnates would show up, caked in bling, surrounded by attractive young women and occasionally even their wives, and get drunk with their elected representatives and regulators.
3:50 PM, May 6, 2010 • By MARY KATHARINE HAM
The Dow fell nearly 1,000 points today and MSNBC's Savannah Guthrie informed White House Press Secretary Robert Gibbs of it at the daily press briefing. Her question was the first he had heard of it, and he answered the question with generalities about the "Treasury monitoring Europe and the Greek crisis," according to reporter David Corn, who was at the briefing.
‹‹ More Recent