Argentina Secures $808 Million in IMF Reserve Assets to Meet Debt Obligation
Argentina has purchased $808 million in Special Drawing Rights (SDRs) from the U.S. Treasury to fulfill an upcoming interest payment to the International Monetary Fund, according to a report by Argentine newspaper La Nacion....
Anti-austerity protest jolts Tunisia
Forcing the Tunisian government to call in the army and security officials to protect the official buildings and banks, the peaceful anti-austerity protest, which began last week, has turned into a violent protest. The...
Again! Venezuela raises minimum wage limit
Creating more troubles in the ailing economy and inviting strong criticisms from different quarters of the society, the Venezuelan government, which is badly affected by the economic crisis, has increased its minimum wage limit...
Italy may face two decades of stagnant economy: IMF
The International Monetary Fund authorities warned that the Italian government would face two decades of a stagnant economy.In a report published by IMF, it indicates that the growth rate of Italy has dropped...