IMF finds fault with Chancellor over deficit
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Gordon Brown has not yet done enough to reduce the UK&#39;s budget deficit, the International Monetary Fund said yesterday, before demanding that he explain whether
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Chancellor criticises Britain's banks for recklessly lending money to consumers.
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One of the first foundation NHS trusts is facing intervention after recording a budget deficit.
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The United Nations said today that the twin deficits of the United States were putting the global economy off balance
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U.S. budget deficits pose a problem for both the domestic and world economies, but there seems little political will to fix them, Federal Reserve Board Governor Edward Gramlich said on Saturday.
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German Chancellor Gerhard Schroeder and French President Jacques Chirac said proposals by the European Commission to change the European Union&#39;s rules on budget deficits don&#39;t give governments enough leeway on spending.
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British Chancellor of the Exchequer Gordon Brown appealed to IMF members to cancel up to 100 percent of the debt owed multilateral lending bodies by poor countries.
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FRANKFURT Lack of fiscal discipline among some of the largest countries that use the euro is weakening the political will of new European Union member countries striving to join the euro club to keep their deficits in check, the European Central Bank said
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WASHINGTON - Finance officials failed to resolve their differences over debt relief for the world's poorest countries and Iraq while expressing concern about the impact high oil prices would have on a strengthening global economy.    The ministers and central bank governors attended weekend steering committee meetings of the International Monetary Fund and the World Bank before heading into a session involving all 184 member nations of the two lending organizations on Sunday, the final day of talks...
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UK Chancellor of the Exchequer Gordon Brown pledged to spend 100 million pounds ($180 million) a year relieving the debts of 30 of the world&#39;s poorest nations, challenging the US to chip in as well.
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Antigua needs to implement an aggressive reform program to break years of fiscal mismanagement and lift itself out of deep debt, the International Monetary Fund said Friday.
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The economy may be PM's main weapon, but it is also his achilles heel, Lib Dem conference told.
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A top Federal Reserve official has urged the White House and Congress to restrain the U.S. budget deficit, warning that its continued growth poses risks to international financial markets.
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European finance ministers clashed over German Chancellor Gerhard Schroeder s plea for looser budget rules, with Austria and the Netherlands warning that wider deficits would push up inflation and interest ...
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The large US current account deficit is a matter of concern, and policy changes are needed to address existing global imbalances, International Monetary Fund Managing Director Rodrigo de Rato said.
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Zimbabwe has been urged to make sharp cuts in public spending to prevent a worsening of its economic crisis after a visit by the IMF to assess whether Harare should be expelled by the global lender.
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The European Union head office said Tuesday it had concerns over Italian budget deficit figures, only a week after Greece was challenged over alleged sloppy bookkeeping and possible underreporting of deficit figures.