The Fiscal Monitor even suggests the revised policy should have been looser still.

BBC: President Hollande and the IMF

This reduces the risks of a renewed recession as governments continue to curb their spending, the IMF's Fiscal Monitor said.

BBC: US must tackle government deficit, says IMF report

These efforts have come more into the open, lately, in the heated debate over Spain's deficit plans, and the publication of the latest IMF Fiscal Monitor.

BBC: President Hollande and the IMF

According to the IMF's latest Fiscal Monitor, when you add their 6% of GDP deficit to the public debt that needs to be rolled over this year, France will need to raise an amount equivalent to more than 20% of their national income from the financial markets in 2011.

BBC: Eurozone growth: Comparing the UK with Europe

The memorandum requires Mr de Guindos to pass his sanctioning and licensing powers to the Bank of Spain, and Mr Rajoy to set up an independent fiscal body to monitor policy.

ECONOMIST: Spanish woes

Second, bonds offer return of capital when held until maturity. (Corporate bonds are not completely without risk, so be sure to monitor the fiscal health of the issuer.) Finally, bonds have historically had low correlations with stocks. (When stock prices zig, bond prices often zag.) Thus, even in the current low-yield environment, bonds should not be ignored.

FORBES: Bond Strategies For A Low-Yield Environment

Some 600 cases were shipped from one site to the other to balance inventory in fiscal year 2012, and the IRS promises to monitor any imbalance quarterly going forward.

FORBES: Trying To Come Clean With The IRS? Get In Line.

It would like them to pledge a fiscal stimulus equal to 2% of global GDP this year and next, and for the IMF to monitor compliance.

ECONOMIST: The G20