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The International Monetary Fund’s member nations are nearing their biggest resource injection in its history, $650 billion, to boost global liquidity and help emerging and low-income nations deal with mounting debt and Covid-19. The choice of vehicle — reserves known as special drawing rights, to be allocated on Aug. 23 — has drawn some criticism. […]
Continue reading …From the IMFBlog – The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies. Our latest global growth forecast of 6 percent for 2021 is unchanged from the previous outlook, but the composition has changed.. By Gita Gopinath عربي, 中文, Español, Français, 日本語, Português, Русский […]
Continue reading …International Monetary Fund (IMF) The IMF is right: global economic recovery from Covid could go wrong Larry Elliott Better-off countries should be concerned by the north-south divide caused by the pandemic Failure to help poor countries ‘could cost global economy $4.5tn’Given the ebbs and flows of the Covid-19 pandemic, the International Monetary Fund’s assessment of […]
Continue reading …The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world’s biggest annual gathering of the rich and powerful.
Continue reading …Turkey should commit to sound economic policies to promote stability and reduce imbalances at a time of market volatility, an IMF spokesperson said on Wednesday as a row between Washington and Ankara over the jailing of an American pastor dragged on.
Continue reading …The International Monetary Fund said on Tuesday that the U.S. dollar is over-valued, China’s yuan is in line with fundamentals and nearly half of global current account balances are now excessive, adding to growth risks and trade tensions.
Continue reading …The International Monetary Fund said on Tuesday that the U.S. dollar is over-valued, China’s yuan is in line with fundamentals and nearly half of global current account balances are now excessive, adding to growth risks and trade tensions.
Continue reading …LabourStart headline – Source: ITUC
Continue reading …LabourStart headline – Source: ACTU
Continue reading …WASHINGTON (Reuters) – International Monetary Fund members on Saturday dropped a pledge to fight protectionism amid a split over trade policy and turned their attention to another looming threat to global economic integration: the first round of France’s presidential election.
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