SOUTH AFRICA

IMF raises its GDP growth forecast for the U.S.

IMF Eyes BRICS To Meet $400B Fundraising Goal

The International Monetary Fund is eyeing Brazil, Russia, India, China and South Africa, a bloc of countries commonly known as BRICS, to meet its goal, set by the institution's managing director Christine Lagarde, to raise at least $400 billion of additional funds to safeguard the global financial system against the euro zone sovereign debt crisis.

Emerging Powers Ready To Give Billions To IMF

Emerging Markets
Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.

Emerging powers ready to give IMF billions

IBTimes Logo
Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
IBTimes Logo

Emerging powers said ready to give IMF billions

Major emerging powers stood ready on Friday to pledge money to bolster the International Monetary Fund's crisis-fighting war chest, though Brazil was holding out for promises that their voting power at the global lender would increase.
More news
IMF raises its GDP growth forecast for the U.S.

IMF Increases US Economic Growth Forecast

The International Monetary Fund on Tuesday raised its projection of growth in the U.S. gross domestic product to 2.1 percent this year and 2.4 percent next year, from 1.7 percent in 2011.
Silver and gold bars

Harmony Gold Reports Big Production Drop

Harmony Gold, South Africa's third-largest gold producer, on Friday became the latest miner to report a sharp drop in output in the first 3 months of 2012 because of an increase in government-ordered safety stoppages.
A customer looks at laptops at a Dell outlet in Beijing

HP Keeps PC Crown But Asian Vendors Take Share

Hewlett-Packard Co. (NYSE: HPQ), the No. 1 PC vendor, kept its crown in the first quarter and added share as worldwide PC shipments rose 1.9 percent, market researcher Gartner (NYSE: IT) said.
IBTimes Logo

Walmart International focusing on existing markets

Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
Indonesia Quake

2 Quakes Hit Indonesia's Coast; Tsunami Watch Canceled

An 8.2-magnitude temblor struck 618 kilometers off the coast of Aceh province, epicenter of the December 2004 tsunami that killed hundreds of thousands of people in Asia. Two hours earlier, a magnitude-8.6 quake struck off Sumatra.
Brazil's President Dilma Rousseff attends a signing ceremony for the expansion of tax credit for Brazilian States at the Planalto Palace in Brasilia

Brazilian President Hits Obama On Monetary Policy

Brazilian president Dilma Rousseff said she used an official visit to President Obama to press her concern that monetary policy pursued by the U.S. and Europe was inhibiting Brazil's economic growth.
Blasting at an Avion gold mine

Gold Miners Seeking Ways To Attract Investors

A collapse in gold producers lofty valuations has sparked soul searching about an exodus of restive shareholders, forcing them to tighten operations and boost dividends to lure investors.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.