BEIJING, Feb. 19 (Xinhua) -- China's central bank said Sunday it will maintain a prudent monetary policy as the country faces pressure in supporting growth and containing inflation. The remarks, made by an official with the People's Bank of China (PB...
PARIS, Jan. 6 (Xinhua) -- Jeffrey Sachs, special advisor for UN Secretary General(秘书长), envisioned Thursday a three-pillar monetary system in place of U.S. dollar dominance in post-crisis world at an economic forum in Paris. We can't go to a gl...
The recent rise in China's inflation has grabbed the attention of the public and policymakers alike. Consumer price inflation rose to 4.4 percent in October and a further increase is expected. This is higher than we are used to in China, although it...
The 24-member board of the IMF approves billions of dollars in loans for countries hit by the global financial crisis. A third of its seats are held by European countries, including small ones like Belgium and the Netherlands. But that's expected to...
By Barry Wood Washington, DC 26 April 2006 watch IMF report The International Monetary Fund is trying to assert more authority in dealing with global economic and financial problems. Member nations en...
