International economics http://www.globalpost.com/taxonomy/term/23104/all en Euro Rates at 2100 GMT - Jan 3 http://www.globalpost.com/dispatch/news/thomson-reuters/130103/euro-rates-at-2100-gmt-jan-3 <p>LONDON, Jan 3 (Reuters) - Following are the middle exchange rates for leading currencies against the euro: CURRENT HIGH LOW US Dollar 1.3053 1.319 1.3047 <a href="http://www.globalpost.com/internal/section-config/japan">Japanese</a> Yen 113.9 115.18 113.63 <a href="http://www.globalpost.com/internal/section-config/united-kingdom">British</a> Pound 0.8105 0.812 0.8083 Swiss Franc 1.2093 1.2106 1.2079 Danish Crown 7.46 7.4614 7.458 Norwegian Crown 7.2836 7.3197 7.281 Swedish Crown 8.522 8.5602 8.5151 Australian Dollar 1</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130103/euro-rates-at-2100-gmt-jan-3" target="_blank">read more</a></p> CDATA Currency Dollar Economics Euro Exchange rate Foreign exchange market International economics International trade Japanese yen Money Numismatics Thomson Reuters Fri, 04 Jan 2013 04:15:12 +0000 5731091 at http://www.globalpost.com IMF's Lagarde says conflict "enemy number one" of Africa growth http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imfs-lagarde-says-conflict-enemy-number-one-africa-growth <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* African growth impressive despite global downturn</p> <p>* Continent still struggling to end cycle of war</p> <p>By Joe Bavier</p> <p>ABIDJAN, Jan 7 (Reuters) - Africa's emerging nations have<br /> become a driving force for world economic growth, International<br /> Monetary Fund chief Christine Lagarde said on Monday, but armed<br /> conflicts pose the principal threat to the continent's future<br /> development.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imfs-lagarde-says-conflict-enemy-number-one-africa-growth" target="_blank">read more</a></p> Africa Africa Business Christine Lagarde Christine Lagarde French people International development International economics International Monetary Fund International relations Person Career Quotation Technology Thomson Reuters Mon, 07 Jan 2013 17:21:17 +0000 Thomson Reuters 5731371 at http://www.globalpost.com UPDATE 2-IMF official in Egypt as currency crisis bites http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-2-imf-official-egypt-currency-crisis-bites <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>* IMF official to discuss $4.8 bln loan</p> <p>* HSBC sees IMF visit as positive</p> <p>* Parliamentary vote looms in coming months</p> <p>* Qatari PM due in Cairo on Tuesday for talks</p> <p>By Tom Perry and Yasmine Saleh</p> <p>CAIRO, Jan 7 (Reuters) - A senior IMF official met Egypt's<br /> government on Monday to discuss a vital $4.8 billion loan as the<br /> Islamist-led state battles to contain a currency crisis set off<br /> by political turmoil that is depleting its foreign reserves.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/update-2-imf-official-egypt-currency-crisis-bites" target="_blank">read more</a></p> Africa Arab world Business Disaster Egypt Hosni Mubarak International development International economics International Monetary Fund International Monetary Fund International relations Person Career Person Communication Politics Pound sterling Quotation Technology Thomson Reuters Mon, 07 Jan 2013 14:09:26 +0000 Thomson Reuters 5731338 at http://www.globalpost.com IMF had 'productive' discussion with Egypt http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imf-had-productive-discussion-egypt <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>WASHINGTON, Jan 7 (Reuters) - The International Monetary<br /> Fund held "productive" discussions with Egypt about its economic<br /> strategy, a senior Fund official said on Monday after a visit to<br /> the country.</p> <p>Egypt is desperately seeking a $4.8 billion loan from the<br /> IMF to help prop up its budget and contain a currency crisis set<br /> off by political turmoil.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130107/imf-had-productive-discussion-egypt" target="_blank">read more</a></p> Arab world Economy of Egypt Economy of the Arab League Egypt International economics International Monetary Fund International Monetary Fund International relations Person Career Political geography Quotation Thomson Reuters Tue, 08 Jan 2013 01:46:46 +0000 Thomson Reuters 5731422 at http://www.globalpost.com ANALYSIS-Egypt's currency crisis hinges on household dollars http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-egypts-currency-crisis-hinges-household-dollars <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>By Sujata Rao</p> <p>LONDON, Jan 8 (Reuters) - The key to preventing a messy<br /> devaluation of Egypt's pound may lie with the country's<br /> households, whose dollar holdings are being eyed by foreign<br /> investors as a critical gauge of trust in the authorities.</p> <p>Countless emerging market crises have shown over the decades<br /> that it is not the withdrawal of foreign investors from a market<br /> but the flight of local households and businesses from a<br /> currency that is instrumental in its collapse.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/analysis-egypts-currency-crisis-hinges-household-dollars" target="_blank">read more</a></p> Business Central bank Currency Devaluation Economics Exchange rate Fixed exchange-rate system Foreign exchange market Foreign-exchange reserves Hard currency International economics Macroeconomics Money Person Career Person Location Quotation Thomson Reuters Tue, 08 Jan 2013 13:45:18 +0000 Thomson Reuters 5731474 at http://www.globalpost.com Euro Rates at 2100 GMT - Jan 7 http://www.globalpost.com/dispatch/news/thomson-reuters/130108/euro-rates-at-2100-gmt-jan-7 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>LONDON, Jan 7 (Reuters) - Following are the middle exchange rates<br /> for leading currencies against the euro:<br /> CURRENT HIGH LOW<br /> US Dollar 1.3114 1.3119 1.3016<br /> Japanese Yen 115.07 115.55 114.07<br /> British Pound 0.8136 0.8149 0.8101<br /> Swiss Franc 1.2085 1.2092 1.2079<br /> Danish Crown 7.4597 7.4612 7.4576<br /> Norwegian Crown 7.3244 7.3393 7.2998<br /> Swedish Crown 8.5221 8.5598 8.5024<br /> Australian Dollar </p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/euro-rates-at-2100-gmt-jan-7" target="_blank">read more</a></p> CDATA Currency Dollar Economics Euro Foreign exchange market International economics International trade Japanese yen Money Numismatics Pound sterling Thomson Reuters Tue, 08 Jan 2013 13:56:26 +0000 Thomson Reuters 5731517 at http://www.globalpost.com Market Dollar Rates at 2100 GMT - Jan 7 http://www.globalpost.com/dispatch/news/thomson-reuters/130108/market-dollar-rates-at-2100-gmt-jan-7 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>LONDON, Jan 7 (Reuters) - Following are the middle exchange rates<br /> for leading currencies against the dollar:<br /> CURRENT HIGH LOW<br /> Euro 1.3114 1.3119 1.3016<br /> Japanese Yen 87.75 88.37 87.6<br /> British Pound 1.6115 1.6116 1.6019<br /> Swiss Franc 0.9212 0.9285 0.9207<br /> Danish Crown 5.6866 5.7296 5.6842<br /> Norwegian Crown 5.5839 5.6225 5.581<br /> Swedish Crown 6.4972 6.561 6.4908<br /> Australian Dollar </p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/market-dollar-rates-at-2100-gmt-jan-7" target="_blank">read more</a></p> Australian dollar CDATA Currency Dollar Economics Exchange rate International economics International trade Japanese yen Money Numismatics Pound Thomson Reuters Tue, 08 Jan 2013 13:56:42 +0000 Thomson Reuters 5731522 at http://www.globalpost.com Market Dollar Rates at 0900 GMT - Jan 8 http://www.globalpost.com/dispatch/news/thomson-reuters/130108/market-dollar-rates-at-0900-gmt-jan-8 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>LONDON, Jan 8 (Reuters) - Following are the middle exchange rates<br /> for leading currencies against the dollar:<br /> CURRENT HIGH LOW<br /> Euro 1.3125 1.3139 1.3102<br /> Japanese Yen 87.42 87.82 87.21<br /> British Pound 1.6088 1.6128 1.6074<br /> Swiss Franc 0.9211 0.9227 0.9198<br /> Danish Crown 5.683 5.6931 5.6757<br /> Norwegian Crown 5.581 5.5889 5.5713<br /> Swedish Crown 6.5153 6.522 6.4792<br /> Australian Dollar </p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/market-dollar-rates-at-0900-gmt-jan-8" target="_blank">read more</a></p> Australian dollar CDATA Currency Dollar Economics Hong Kong dollar International economics International trade Japanese yen Money Numismatics Pound Thomson Reuters Tue, 08 Jan 2013 14:06:57 +0000 Thomson Reuters 5731580 at http://www.globalpost.com Euro Rates at 0900 GMT - Jan 8 http://www.globalpost.com/dispatch/news/thomson-reuters/130108/euro-rates-at-0900-gmt-jan-8 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p><body></body></p> <p>LONDON, Jan 8 (Reuters) - Following are the middle exchange rates<br /> for leading currencies against the euro:<br /> CURRENT HIGH LOW<br /> US Dollar 1.3124 1.3139 1.3102<br /> Japanese Yen 114.74 115.21 114.44<br /> British Pound 0.8157 0.816 0.8134<br /> Swiss Franc 1.2089 1.2093 1.2079<br /> Danish Crown 7.4597 7.4612 7.4585<br /> Norwegian Crown 7.326 7.3316 7.312<br /> Swedish Crown 8.5506 8.5567 8.5102<br /> Australian Dollar </p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/euro-rates-at-0900-gmt-jan-8" target="_blank">read more</a></p> CDATA Currency Dollar Economics Euro Foreign exchange market International economics International trade Japanese yen Money Numismatics Pound sterling Thomson Reuters Tue, 08 Jan 2013 14:07:01 +0000 Thomson Reuters 5731585 at http://www.globalpost.com Egypt must endorse IMF loan deal as its own: Lagarde http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-must-endorse-imf-loan-deal-its-own-lagarde <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>ABIDJAN, Jan 8 (Reuters) - Egypt's government should endorse a $4.8 billion IMF loan agreement and propose it to the Egyptian people as its own as part of steps to stabilise its economy, the head of the world lender said on Tuesday.</p> <p>"The IMF needs to have the commitment of the political authorities that can actually endorse the programme, own it, and propose it to the population as theirs," Christine Lagarde told journalists during a visit to Ivory Coast.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/egypt-must-endorse-imf-loan-deal-its-own-lagarde" target="_blank">read more</a></p> French people International economics Thomson Reuters Tue, 08 Jan 2013 19:15:30 +0000 Thomson Reuters 5731780 at http://www.globalpost.com UPDATE 2-INTERVIEW-Egypt must convince people of need for IMF - Lagarde http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-interview-egypt-must-convince-people-need-imf-lagarde <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Egypt must endorse IMF deal to its own people, Lagarde says</p> <p>* $4.8 bln programme crucial to plug balance of payments deficit</p> <p>* Lagarde says IMF maintains U.S. growth forecast (Adds quotes and growth figures)</p> <p>By Joe Bavier</p> <p>ABIDJAN, Jan 8 (Reuters) - Egypt's government must strongly endorse a $4.8 billion IMF loan agreement to its people as a step towards stabilising an economy pummelled by a turblent transition from autocratic rule, the head of the world lender said on Tuesday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130108/update-2-interview-egypt-must-convince-people-need-imf-lagarde" target="_blank">read more</a></p> Business Christine Lagarde Economics Entertainment Environment Health International economics International Monetary Fund International relations Politics Social Issues Thomson Reuters Tue, 08 Jan 2013 19:45:26 +0000 Thomson Reuters 5731792 at http://www.globalpost.com UPDATE 1-UK goods deficit suggests trade slowed economy in Q4 http://www.globalpost.com/dispatch/news/thomson-reuters/130109/update-1-uk-goods-deficit-suggests-trade-slowed-economy-q4 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* UK goods trade gap narrows slightly in Nov</p> <p>* Net trade likely a drag on economy in fourth quarter - economist</p> <p>* Data unlikely to affect QE debate ahead of BoE meeting</p> <p>By Olesya Dmitracova and Peter Griffiths</p> <p>LONDON, Jan 9 (Reuters) - Britain's goods deficit narrowed slightly in November but held above its average for the past year, raising the chance that trade activity in the last three months of 2012 dragged on economic growth.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130109/update-1-uk-goods-deficit-suggests-trade-slowed-economy-q4" target="_blank">read more</a></p> Economic indicators Economics Entertainment International economics Thomson Reuters Wed, 09 Jan 2013 11:30:52 +0000 Thomson Reuters 5732054 at http://www.globalpost.com IMF's Lagarde says Greek program moving in 'right direction' http://www.globalpost.com/dispatch/news/thomson-reuters/130116/imfs-lagarde-says-greek-program-moving-right-direction <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>WASHINGTON, Jan 16 (Reuters) - Greece's economic program is moving in the right direction, the head of the International Monetary Fund said on Wednesday as the IMF agreed to disburse the next tranche of the country's rescue loan.</p> <p>IMF Managing Director Christine Lagarde said "forceful" reforms and domestic support will be needed to meet the country's economic challenges, as well as long-term support from its euro zone partners.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/imfs-lagarde-says-greek-program-moving-right-direction" target="_blank">read more</a></p> French people International economics International Monetary Fund Thomson Reuters Wed, 16 Jan 2013 22:30:04 +0000 Thomson Reuters 5735331 at http://www.globalpost.com TAKE A LOOK-Five world markets themes in the coming week http://www.globalpost.com/dispatch/news/thomson-reuters/130118/take-look-five-world-markets-themes-the-coming-week <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 18 (Reuters) - Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.</p> <p>1/ FX SWINGS</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130118/take-look-five-world-markets-themes-the-coming-week" target="_blank">read more</a></p> Business Economics Entertainment Human Interest International economics Macroeconomics Thomson Reuters Fri, 18 Jan 2013 14:45:53 +0000 Thomson Reuters 5736151 at http://www.globalpost.com COLUMN - Stubborn national politics drag down the global economy: Gordon Brown http://www.globalpost.com/dispatch/news/thomson-reuters/130118/column-stubborn-national-politics-drag-down-the-global-economy- <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>By Gordon Brown</p> <p>Jan 18 (Reuters) - Four years ago world leaders, meeting in the G20 crisis session, agreed they would all work to move from recession to growth and prosperity. They agreed to a global growth compact to be delivered by combining national growth targets with coordinated global interventions. It didn't happen. After the $1 trillion stimulus of 2009, fiscal consolidation became the established order of the day, and so year after year millions have continued to endure unemployment and lower living standards.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130118/column-stubborn-national-politics-drag-down-the-global-economy-" target="_blank">read more</a></p> Business Economics Entertainment International economics Macroeconomics Social Issues Technology Thomson Reuters Fri, 18 Jan 2013 17:00:20 +0000 Thomson Reuters 5736238 at http://www.globalpost.com