Word: bailouts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Wall Street is worried; two weeks ago Kim was running on a promise to renegotiate the stringent terms IMF bailout. He has since backed down, and the IMF says he is now on board. In an election that was one of the closest in the country's history, neither candidate could promise to dispel the IMF's storm cloud. At least Kim could tell voters he had done nothing to bring it over their heads...
...percent to a 10-year low. What caused the turnaround? The catalyst seems to have been a series of statements over the weekend by South Korean leaders, who vowed to "fully implement the agreement reached with the IMF" - even as students marched in Seoul to protest the "humiliating" bailout...
Korea Resurgent? Seoul may be pleading for accelerated bailout aid, but the Korean market sent a different message Monday as it shot through the roof...
...fund's bailouts in Asia will be money down the drain unless its prescriptions become permanent reforms. For that the region will need strong political leaders who are willing to battle the alliance of bureaucrats, business and labor interests that benefited from the old system. Asian governments have been resisting the details in IMF rescues. The bailout of Indonesia has been slowed by the reluctance of officials to act against firms connected to the children of President Suharto...
FORTUNE Business Report delivers the goods--and goodies--from the day's market action. Tonight: the dark and mysterious "Swiss interest," a bailout alert, and Coke--gasp!--loses...