IMF paints grim picture of fiscal tightening needs
BEIJING (Reuters) - Developed countries with big budget deficits must start now to prepare public opinion for the belt-tightening that will be needed starting next year, the No. 2 official at the IMF said on Sunday.
- China to respond if hit by U.S. trade sanctions: MOFCOM
- Bernanke: Too big to fail a "pernicious" problem
- Pope's shame and remorse over Irish child sex abuse | Video
- Novell rejects $2 billion Elliott Associates offer
- China could report trade deficit in March
- Bharti board approves $9 billion offer for Zain Africa: report
- Israeli troops kill Palestinian in West Bank
- U.N.'s Ban in West Bank pushes for peace talks | Video
- British Airways battles cabin crew strike | Video
Issues in Depth
Nailing down the votes
Democrats are getting closer to the number of votes needed to pass Obama's overhaul of healthcare. Full Article | Video
It's all in the family as economy bites
Homebuyers are increasingly counting on their extended families to cut costs and get a bigger bang for their mortgage dollars. Full Article
U.S. wants democracy, Africa wants respect
Military coups, power struggles and massacres are hardly in line with President Obama's Africa policy. Full Article
- Democrats say they have votes to pass healthcare
- Pope's shame and remorse over Irish child sex abuse | Video
- Thai protest talks scheduled; resolution unlikely | Video
- U.N.'s Ban in West Bank pushes for peace talks | Video
- Obama to Iran: U.S. offer of dialogue still stands | Video
- Magnitude-5.6 quake strikes near Guantanamo, Cuba
- Israeli troops kill Palestinian in West Bank
- Iran president suggests referendum on subsidy cuts
- Allawi edges ahead of PM again in Iraq election
- India to get access to U.S. man on Mumbai attack
Most Popular Articles
- Wal-Mart to slash grocery prices
- US states sue EPA to stop greenhouse gas rules
- Massive sandstorm turns Beijing's streets yellow | Video
- Democrats say they have votes to pass healthcare
- Brewing tensions between the Tea Party and GOP
- Democrats say they have votes to pass healthcare
- New password-stealing virus targets Facebook
- IMF paints grim picture of fiscal tightening needs
- World's slums grow despite rapid economy growth: U.N.
Top Sections
Other Sections
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
