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Why IMF Help for Poor Nations Will Benefit Rich Ones

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Why IMF Help for Poor Nations Will Benefit Rich Ones

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. […]

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No Recovery Until COVID Beaten Globally, IMF Says

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No Recovery Until COVID Beaten Globally, IMF Says

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 […]

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The IMF is right: global economic recovery from Covid could go wrong

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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 […]

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IMF, CEOs sound warnings as leaders gather in Davos

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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.

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Turkey must commit to policies to promote stability amid market volatility: IMF

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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.

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IMF says dollar over-valued, Chinese yuan in line with fundamentals

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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.

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IMF says dollar over-valued, Chinese yuan in line with fundamentals

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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.

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Global: Unions Call on IMF and World Bank to Support Global Wage Rise

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LabourStart headline – Source: ITUC

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Australia: IMF Report: Taxing the rich will reduce inequality, preserve growth

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LabourStart headline – Source: ACTU

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IMF members set aside trade split as French vote rattles nerves

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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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