IMF – Page 4 – Deena Zaidi

Greece Exit (GREXIT) – A Boon Or A Bane?

January 24, 2015April 17, 2017deenazaidiEurope, Eurozone Crisis, Financial Crises timeline, InfographicsLeave a Reply

By the end of 2014, Greece owed “troika”(European Central Bank, the International Monetary Fund and the European Commission) €253.3bn. In 2014, many talks were doing the rounds of a possible exit of Greece from the Eurozone. With snap elections in January 2015, Greece is again put on a spot. There is a lot of speculation as to how things could change for Greece in case radical left-wing party Syriza wins. Sunday Elections for Greece could either make or break the future of Greece depending how the elected government handles rising tensions between the troubled nation and its creditors, Eurozone government and IMF.

Banking on Thin Ice !

April 17, 2013April 17, 2017deenazaidiAsia-Pacific, Banking Scandals, Financial Crises timeline, United States of AmericaLeave a Reply

A bank failure leads to an economic failure and in the past many similar failures have been faced all across the world but lessons are yet to be learnt. The recession of 2007-2013 is difference from previous depressions and bank failures simply because we are more globally connected and products like currency derivatives have just made banking across the world globally connected. This article looks at the Central banking system, focuses on shadow banking and breezes through the issue of systemic risk.

Is BRICS the next EURO?

March 28, 2013deenazaidiAsia-Pacific, Europe, Financial Crises timeline, India, World EconomyLeave a Reply

With the financial turmoil all across economies, Brazil, Russia, India, China and South Africa( popularly known as BRICS) remain the largest contributor in the world’s GDP i.e. 25% of global GDP and also 40% of the world’s population. With the recent meet in Durban, many contrast views have been expressed regarding to the aims and objectives of BRICS and whether it will be big as G7 by 2025 This article highlights a review on the same and its comparison to the Euro zone.

Its all about Europe this week!

September 9, 2012deenazaidiBanking Scandals, Europe, Eurozone Crisis, Financial Crises timeline, World EconomyLeave a Reply

The International Monetary Fund on Sunday strongly backed the European Central Bank’s plan to staunch the euro zone debt crisis with unlimited bond purchases, saying it was ready to get involved in designing and monitoring its implementation. The European Central Bank(ECB) announced its most promising plan on Thursday so as to ease the Euro-zone crisis…