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Monday, May 10, 2004

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OPINION

EDITORIAL
`Reservation' at the IMF
THE HUNT FOR a new managing director for the International Monetary Fund — Mr Horst Koehler resigned last month to accept a nomination to become president of Germany — has ended with the world body deciding on a former Spanish Finance ... More

ECONOMY
IMF's World Economic Outlook 2004 — For better fiscal consolidation in developed countries
JUST last week, we reviewed the World Bank's Global Finance and Development Report. Soon after has come the time to survey the IMF's World Economic Outlook (WEO) 2004, produced in time for the semi-annual meeting of ... More

The `golden' opportunity
This is a golden opportunity to accumulate the yellow metal though gold has been consigned to the dark recesses of human brain, and most metal bulls and speculators must have given up. This is because of the imbalanced state of the US economy and the impossibility of a combination of strong dollar, low interest rates and resilient stock market, says V. Anantha Nageswaran. More

MUTUAL FUNDS
Structuring MF in `tranches'
STRUCTURED mutual funds may soon be the order of the day. Benchmark Mutual has set off the trend with its proposal to launch the Split Capital Fund. This fund would tranche credit risk among various classes of ... More

PETROLEUM
Paying through your nose for petrol
IN TERMS of prices, the Indian oil scene has been quiescent for some time - since January 31 to be precise, when the last revision of prices was made at the industry regulatory level. This may be a cause for ... More

POLITICS
`None-of-the-above' — Encouraging choice or apathy?
THE Chief Election Commissioner, Mr T. S. Krishna Murthy, appears to have caught the imagination of the intelligentsia by proposing a unique choice for the voter — "none of the above" — at the end of the ... More

Supremacist streak
AT a joint media meet, after saying `sorry' to King Abdullah of Jordan on the savage treatment of Iraqi prisoners by units of the US Army, the US President, Mr George Bush, was "equally sorry that people seeing those ... More

LETTERS

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