Items Tagged with 'International development'


  • Mortgage Losses to Top $1.4 Trillion: IMF

    Signaling a worsening financial and mortgage-led crisis, economists with the International Monetary Fund said Tuesday they now expect mortgage-related losses substantially above the $945 billion estimated in April. In the IMF's latest Global Financial Stability Report, officials said they now foresee losses as large as $1.4 trillion.
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  • Scary Outlook from Former IMF Economist: Report

    While the stock markets opened up significantly lower on continued concern over financials, a downbeat housing starts result, and a larger-than-expected jump in wholesale inflation, words from former IMF chief economist Kenneth Rogoff suggested that more was yet to come.
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