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IMF chief seeks climate breakthrough at Lima meet

2015-10-08 15:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: "If we collectively chicken out of this, we`ll all turn into chickens and we`ll all be fried, grilled, toasted and roasted. So said Christine Lagarde, head of the International Monetary Fund, in a press conference in Lima on Wednesday. Her focus: climate change. Her message: its the right time for all governments to start pricing greenhouse gas emissions. Lagardes call came two days before one of the most important financial meets of the year, hosted by the IMF and World Bank. The...

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IMF Warning: Risk global financial crash increased

2015-10-08 14:26:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: IMFs financial counsellor José Vials, has said the threat of instability and recession was one of a triad of risks that could knock 3% off global GDP. Second was debt and disharmony in Europe. Third is centred on global markets that will transmit shocks rather than cushion the blow. Vials drew attention to the emerging economies of China, Brazil, Turkey and Malaysia. He called on banks to remain vigilant and be ready to increase their stimulus programmes should emerging economy issues contaminate...

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IMF: New risks to financial stability

2015-10-07 16:16:49| BBC News | Business | UK Edition

The IMF warns that "global financial stability is not yet assured" as risks shift towards emerging economies.

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Wall St mixed as IMF cuts global growth outlook

2015-10-06 22:43:02| Chemicals - Topix.net

Wall Street was mixed overnight, as shares of DuPont rallied, while biotech stocks dropped, and the International Monetary Fund downgraded its global growth forecasts. In New York trading at about 2.15pm, the Dow Jones industrial average added 0.25 per cent.

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