EMM News Explorer: John Lipsky

[-said]: It's easy to claim: If this (US sovereign debt) is a big problem, why is it possible that the US government can borrow on a 10-year term for two percent?

france24 09-SEP-11

[ said]: Markets can change their minds, and when they do change their minds they tend to do it in a hurry,

france24 09-SEP-11

[-said]: It is clear what is needed is credible medium-term fiscal plans that will give confidence to investors and others that the deficit will be controlled and fiscal policy will be appropriate in the medium term,

ibtimes 27-AUG-11

[ said]: The U.S. economic expansion remains only moderate. At the same time, there are significant challenges ahead that will need to be dealt with decisively if the expansion is to strengthen,

ibtimes 30-JUN-11

[-noted]: At the opposite extreme, an excessively front-loaded adjustment could hurt the recovery. And a worsening of financial turmoil in European sovereign and bank debt markets could hurt U.S. growth through financial sector linkages,

ibtimes 30-JUN-11

[-said]: Eventually there will be on a voluntary basis some degree of contribution by private-sector creditors,

guardian 30-JUN-11

[added:]: It should be self-evident a debt default by the U.S. government . . . would have very serious, far-reaching, dramatic repercussions and that’s why we’re confident that it will be avoided.

theglobeandmail 29-JUN-11

[-said]: It is agreed that the renminbi is likely to become a candidate for inclusion in the SDR basket but it needs to become more freely and widely used in international transactions,

chinadaily 27-JUN-11

[-said]: At the heart of the Greek program is the policy adjustment,

egovmonitor 23-JUN-11

[-said that]: That programme will quite naturally create a set of financing needs. This is a moment in which it is clear the Greek authorities do not have access to private markets, and hence if their partners in the euro area and the IMF are going to be supportive of that policy programme, then the financing needs to be supplied.

eubusiness 22-JUN-11

[-said]: The critical question regarding the Greek economy is competitiveness, and what it has resulted in is an extremely poor performance,

eubusiness 22-JUN-11

[-said]: The Greek situation is exceedingly difficult. The challenges are enormous,

eubusiness 22-JUN-11

[said:]: The euro area needs to strengthen economic governance and may need to be more intrusive in terms of national structures.

express 21-JUN-11

[ said]: the implications would be much more serious if [the peripheral debt crisis] were to have consequences on the financial system of the core economies,

wsj 21-JUN-11

[ said]: Labour and equity capital have to flow freely across borders to wherever they are needed most to unleash Europe’s growth potential and create new jobs. Opening capital markets, not only for banks, is particularly important in this respect,

examiner 21-JUN-11

[-said]: he said. But he added that the euro zone also has to guarantee that it will continue to finance Greece. We will all require assurances that the programme is financed and that involves assurances from our Eurogroup partners that adequate finance is available ,

telegraph 20-JUN-11

[-told]: In this case, the mid-course corrections are not trivial. We could list a whole host of reasons, but it is easier simply to focus on what is needed to be done to put it back on track,

news 20-JUN-11

[-said]: On track means that the Greek authorities have agreed on a package of measures that... would put the program on track,

news 20-JUN-11

[-said]: We are discussing the existing program and what is needed to put it back on track,

news 20-JUN-11

[said:]: We have discussed the current condition of the economy of Ukraine. In order to achieve the goals of cooperation, reduce the vulnerability of the economy and lay the foundation for sustainable economic development, we have stressed the importance of a sturdy policy and state reforms in Ukraine. We have agreed to continue the cooperation.

kyivpost 18-JUN-11

[-said]: It is agreed that the renminbi is likely to become a candidate for inclusion in the SDR basket,

peopledaily 10-JUN-11

[-told]: The choice of managing director of the International Monetary Fund is completely the responsibility of its membership,

AP 09-JUN-11

[-told]: to be open -- open means open to everyone -- transparent, and merit-based. We are confident that that will be the result of this process,

indiatimes 09-JUN-11

[declared:]: We're pleased the UK is showing global leadership on the economy.

independent 07-JUN-11

[-said]: Naturally, these deviations raise the question of whether it is time to adjust the macro-economic strategy,

news 07-JUN-11

[ said]: Participants at our recent Spring and G-20 meetings shared this view, and I am heartened that the commitment to policy cooperation is alive and well,

uzreport 27-MAY-11

[ added]: I'm blessed to say all seem to be excellent names,

smh 24-MAY-11

[-said]: We want this to happen as expeditiously as possible,

arabtimes 21-MAY-11

[-said]: It addresses the fundamental problem in Portugal -- low growth -- with a policy mix based on restoring competitiveness through structural reforms, ensuring a balanced fiscal consolidation path, and stabilizing the financial sector,

javno 21-MAY-11

[-said]: economically well-balanced and has growth and job creation at its centre. It addresses the fundamental problem in Portugal - low growth - with a policy mix based on restoring competitiveness through structural reforms, ensuring a balanced fiscal consolidation path and stabilizing the financial sector.

trendnews 21-MAY-11

[said:]: The Portuguese economy faces a severe crisis as a result of a buildup of external and internal imbalances and deep-rooted structural problems that have engendered economic stagnation, lack of competitiveness and high unemployment. The authorities' program aims at tackling these issues through an ambitious and comprehensive structural reform agenda, well balanced fiscal consolidation, and measures that will facilitate an orderly adjustment in private sector balance sheets.

nieuwsbank 21-MAY-11

[-said]: We do re-examine our codes from time to time and make sure they are absolutely where they should be...In this area I have complete confidence in the institution and its mechanisms,

novinite 20-MAY-11

[-said]: Supporting this cooperation lies at the heart of the IMF's mandate. In the wake of the crisis, we undertook important reforms to our surveillance and lending tools. But as the world continues to change, we must do so as well,

peopledaily 20-MAY-11

[-told]: I am happy to say a long list of them seem extremely talented and well-qualified individuals,

peopledaily 20-MAY-11

[-said]: There's been agreement among our membership that the process of selection of the managing director should be open, transparent and merit-based,

rian 20-MAY-11

[-said]: Of course, she's a very, very talented and capable leader,

rian 20-MAY-11

[-said]: I deeply regret the circumstances that have made it necessary for me to substitute for the fund's managing director,

cnn 20-MAY-11

[ said]: Over the past year or so, we've established a very effective and fluid working relationship with our European partners to act in support of these peripheral euro-area economies in very difficult circumstances,

bbc 20-MAY-11

[ said]: I have the very highest regard for Ms Lagarde and I'm sure like many other candidates she would be an excellent choice,

bbc 20-MAY-11

[-said]: I don't think it was decided as OK,

npr 20-MAY-11

[-said]: The idea that somehow it's OK for a relationship between a supervisor and subordinate to carry on is just simply, absolutely not the case,

npr 20-MAY-11

[ said]: You are going to see a serious turmoil in the currency market, which will force the world and America to do something about it. It is going to be terrible for all of us, but that is the way it is going to wind up, because nobody is doing any serious action except talking about it. Rogers’ commentary comes in the wake of the statements made by the International Monetary Fund on Monday. The IMF’s deputy managing director, John Lipsky, observed in his report that the US economy, as well as the economy of E

russiatoday 11-MAY-11

[-also noted that]: how do we give and equip these young people with modern tools not just farming equipment and access to infrastructures. Electricity and water should be in the place where they are living. They must have access to mobile phones where they are staying to keep them connected to modern technology. This will improve agriculture. It will add value and store what they produce.

allafrica 25-APR-11

[ said]: It is always possible,

ibtimes 15-APR-11

[ said]: The fiscal and structural measures already implemented are yielding results. The economy has stabilized and growth is resuming,

eubusiness 25-MAR-11

[ said]: In advanced economies, public debt is piling up to unprecedented heights, creating worries about fiscal sustainability. While the situation is quite different in many key emerging economies,

peopledaily 22-MAR-11

[ said]: The blueprint is challenging, but promising,

peopledaily 22-MAR-11

[ said]: The adjustment is appropriate,

peopledaily 22-MAR-11

[-said]: Rather than leaving each individual country to decide how it's going to react, it's better to start talking about some potential guidelines or rules of the road, rules of the game, about how best to proceed so that one country, seemingly acting in its own self interest isn't creating problems for the broader global economy or its neighbours,

thestar 09-MAR-11

[-told]: For the emerging economies, growing at 6.5% to 7%, their margins of excess capacity have been largely used up, and as a result we're starting to see incipient signs of overheating,

thestar 09-MAR-11

[-told]: For the emerging economies, growing at 6.5 to 7 percent, their margins of excess capacity have been largely used up, and as a result we're starting to see incipient signs of overheating,

ChinaPost 09-MAR-11

[-said]: We have to be concerned even in places where there is no political upheaval,

thestar 09-MAR-11

[-said]: We have gone back and asked ourselves, Should we set a standard of analysis of employment issues in all our country reports, rather than leaving it to be decided if in this case it's important, and that case it is not?

ChinaPost 09-MAR-11

[ said]: St. Vincent and the Grenadines suffered significant damage to agriculture, housing, and infrastructure as a result of Hurricane Tomas in October 2010. High reconstruction and rehabilitation costs have created an immediate balance of payments need and new challenges for policymakers,

thevincentian 03-MAR-11

[-said]: on a firmly declining path.

thevincentian 03-MAR-11

[ said]: The program targets a gradual reduction in the central government primary balance through tax reform and strict control of current spending. Tax measures include the reform of the value-added and income taxes to improve coverage and compliance. A successful implementation of constitutional provisions will also address governance issues, by strengthening the judiciary and overhauling the public expenditure management framework. The program will create the fiscal space necessary to implement the constitution,

africanpressorganization 01-FEB-11

[ said]: rather impressive,

NEWScomAU 24-JAN-11

[-added]: Strong policy frameworks allowed the authorities to undertake counter-cyclical monetary and fiscal policies in response to the global crisis, while preserving financial sector stability. At the same time, the FCL arrangement supported investor confidence. As a result, Poland was the only European Union economy to avoid a recession in 2009, and the government maintained access to international capital markets on favorable terms,

peopledaily 22-JAN-11

[-said]: sizeable downside risks remain, particularly from the possibility of further spillovers of financial turbulence in other parts of Europe.

earthtimes 22-JAN-11

[said:]: Romania is now on a clear path to meeting its short and medium-term fiscal goals. The current challenge is to fully implement the approved reforms and maintain tight control over expenditures.

eubusiness 12-JAN-11

[ said]: As before, the (Mexican) authorities intend to treat the arrangement as precautionary,

AsiaOne 11-JAN-11

[ stated]: The authorities remain committed to timely implementation of fiscal, energy, and financial sector reforms that are essential to achieve program objectives

earthtimes 23-DEC-10

[-announce]: Recent steps to strengthen the financial position of Naftogaz, including through revenue collection improvements, are also important,

ukranews 23-DEC-10

[-said]: assuage all market uncertainty,

irishsun 30-NOV-10

[-said]: After all, the Greek program is on track and yet markets are still frankly skeptical about its success.

irishsun 30-NOV-10

[ said]: I felt gratified by the survey results because they show that the international community is focused on the right issues and that it is on the right track to address them,

peopledaily 30-NOV-10

[-said]: I am not sure if the G20 can meet all of the global concerns, but the fact that the G20 has replaced the G8 means that there will be more emphasis on the interests of the developing world.

peopledaily 30-NOV-10

[-said]: Shoring up the euro is a rather loaded phrase,

irishsun 30-NOV-10

[-said]: The value is solid and it seems broadly appropriate,

irishsun 30-NOV-10

[-said]: In Spain, dealing with the cajas, the savings and loans, is going to be accelerated along with a series of other measures in addition to other measures to increase Spain’s competitiveness,

irishsun 30-NOV-10

[ said]: Rapid growth in the emerging economies,[*]is the only way that poverty will be eliminated and greater equality achieved.

khaleejtimes 30-NOV-10

[-told]: It isn't just a matter of showing that banks are adequately capitalised. You have to show that they have adequate access to funding,

economictimes 30-NOV-10

[said:]: It would have been unrealistic to expect that a set of announcements over the weekend were going to completely reverse market momentum.

skynews 30-NOV-10

[ said]: Both the Portuguese and Spanish authorities have announced new programmes. The Portuguese authorities just adopted a new budget for 2011 and Spanish authorities have announced over the weekend some new initiatives,

eubusiness 29-NOV-10

[-said]: Rhetoric alone is not going to solve the problems of Ireland,

irishsun 23-NOV-10

[-told]: Obviously our work there is technical, not political. Decisions have to be made by the government,

dailytimesPK 23-NOV-10

[-said today]: Portugal has not requested any such support but the facilities exist if it were to be needed,

irishsun 23-NOV-10

[ said]: Comfortable fiscal and external positions permit most GCC countries to maintain fiscal stimulus in 2010, and into 2011 if necessary. However, in some countries we are seeing early signs of a pickup in inflation. If sustained, this may call for a withdrawal of stimulus as early as 2011,

khaleejtimes 08-NOV-10

[-said this]: The outlook for the PGCC countries has improved considerably thanks to the ongoing global recovery and the stabilization in oil prices. Comfortable fiscal and external positions permit most PGCC countries to maintain fiscal stimulus in 2010, and into 2011 if necessary. However, in some countries we are seeing early signs of a pickup in inflation. If sustained, this may call for a withdrawal of stimulus as early as 2011.

tehrantimes 08-NOV-10

[-said]: The global crisis has also highlighted the need to preserve fiscal space to enable an effective policy response to contain damage in times of economic slowdown. For the PGCC, given the system of pegged exchange rates, this implies continuing to implement countercyclical fiscal policy and establishing strong fiscal frameworks, with a medium-term anchor, which include monitoring of contingent liabilities linked to quasi-sovereign entities,

tehrantimes 08-NOV-10

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