Posts Tagged dollars

IMF, Provide 8 Billion Dollars For Low Income Countries.
The International Monetary Fund (IMF), announced it had reached an agreement with the four economic powers to provide $ 8 billion fund for low-income countries.

“The agreement … to expand the IMF’s capacity to assist low-income countries are hit hard by the current global crisis,” said financial institution based in Washington.

The agreement reached with authorities in Japan, Britain, France and China.
Japan is the largest contributor to the package, promised 2.7 billion dollars through the purchase agreement that gives funds (IMF) “ leverage for a loan. Britain pledged two billion dollars and Bank of China pledged 1.2 billion U.S. dollars.

France’s central bank signed a loan agreement of two billion U.S. dollars.
The announcement came a day before the UN summit which is expected to highlight the lack of progress on the so-called Millennium Development Goals.

The purpose of this program include the reduction of poverty by half, cutting the number of hungry people by half, ensuring universal primary education and reducing child mortality two thirds by 2015.

King of online retailing is getting richer. Thanks to the Kindle, who scored record sales in November, and the increasing number of visitors to Amazon.com, Jeff Bezos as the founder and CEO of Amazon.com was scored many gains in the year 2009.

Rising stocks make gains Bezos Amazon.com rose 7.3 billion dollars in the last 12 months. This stock rose 175 percent since January last year. this makes Jeff Bezos was in sixth American billionaire list moneymaker Forbes in 2009.

Larry Page, Google co founder of years ago was in the top position with the acquisition of 11.9 billion U.S. dollars i 2008, now in fifth place with 8.4 billion acqusition of U.S. dollar between mid-January 2009 and December 2009. Behind the Page is a lifelong partner, Sergery Brin, with the acquisition of 8.2 billion U.S. dollars.

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