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MercoPress
South Atlantic News Agency


IMF and Bank of Korea Host a Discussion on Macroeconomic Rebalancing for Sustainable Growth








Mexico: IMF Executive Board Approves New Two-Year US$70 Billion Flexible Credit Line Arrangement



Canada: Concluding Statement of the 2014 Article IV Mission








Official September inflation in Argentina 0.8%, less than half the so called Congress index
The Argentine government official Consumer Prices Index climbed 0.8% in September over August and reached 7.4% in the first nine months of the year, according to the National Stats Institute, Indec.


Bank of England leaves interest rates unchanged as UK recovery picks up
UK interest rates have been held at their record low of 0.5% for another month by the Bank of England. On Thursday the Bank also kept the size of its bond-buying stimulus program unaltered at £375bn. No changes had been expected to either rates or the bond-buying measure, despite recent evidence that the UK economy is continuing to recover.







Rousseff and Mantega dispute IMF report on Brazil as 'incoherent'
Brazilian President Dilma Rousseff responded to the International Monetary Fund concern over the country's fiscal situation, saying Brazil was fulfilling its responsibilities. IMF claimed that Brazil's competitiveness had eroded in recent months and downgraded the country's growth forecast from 4.25% to 3.5%.


IMF Managing Director Christine Lagarde Welcomes WTO's Agreement Reaffirming the Support of the Multilateral Trade System











 
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