Posts filtered by tags: Imf[x]


 

Vietnam and Some Other Asian Countries Avoided 7% COVID GDP Hit

The IMF now expects Vietnam to have 2.4% GDP growth in 2020 and 6.4% in 2021 while the world will average -4.4% GDP in 2020 and could bounce back 5% in 2021. The world would normally see 3-4% GDP... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Innovation, Vietnam, Imf


IMF: Economy 'losing momentum' amid virus second wave

The International Monetary Fund warns against countries withdrawing economic support too soon.
Tags: Business, International Monetary Fund, Imf


That Chris Hemsworth Trash Talk Video From Pom Klementieff Has A Second Mission: Impossible Connection

Pom Klementieff got even more help from the IMF for her trash talking fantasy football video.
Tags: Religion, Chris Hemsworth, Imf, Pom Klementieff


G20 nearing IMF funding boost for poorer nations, says #Saudi minister | Financial Times

G20 nearing IMF funding boost for poorer nations, says Saudi minister | Financial Times The world’s richest countries are edging towards a consensus on unlocking additional IMF funds for poorer nations whose economies have been battered by the coronavirus crisis, according to a leading G20 official.  Mohammed al-Jadaan, the finance minister of Saudi Arabia, which holds the G20 presidency this year, told the Financial Times that he was “optimistic” that the group of nations and the IMF could ...
Tags: Travel, Saudi Arabia, G20, Financial Times, Imf, Rupert Neil Bumfrey, Mohammed al Jadaan


Mobile money usage grows in India; a report released by IMF says that from 13 accounts per 1,000 adults in 2014, there were 1,265 accounts per 1,000 adults in 2019; this shift is caused by Covid-19

https://www.financialexpress.com/economy/mobile-money-a-cs-imf-says-17-fold-jump-in-4-years-in-india/2125801/The International Monetary Fund (IMF) released the Financial Access Survey (FAS) 2020 report on Monday. The IMF says that the ease of getting a new mobile connection combined with availability of cheap deals on the mobile platform, mobile market in India has seen the number of registered mobile money accounts rise since the last 5 years. The post Mobile money usage grows in India; a repo...
Tags: Business, News, India, Imf, International Monetary Fund IMF, Mobile Money, Mobile Market, COVID


An economist says a lack of information about COVID-19 drove the world into a deep economic crisis — here's how we can fix it

Innovating our way out of a pandemic-induced economic crisis will require us to think long-term. Reuters Joshua Gans is a professor of strategic management and economist at the University of Toronto's Rotman School of Management. The following is an excerpt from his book, "The Pandemic Information Gap: The Brutal Economics of COVID-19." In it, he argues that the pandemic was caused by a lack of information and knowledge about COVID-19 — not the virus itself. Gans believes the focus of the ...
Tags: France, Germany, Trends, Strategy, Recession, Economics, Taiwan, Netherlands, United Nations, Switzerland, Poland, Belgium, University of Toronto, Excerpt, Imf, Napoleon


Public wage bill is impeding SA’s growth prospects — Busa

Business Unity South Africa is eager to talk to its social partners at Nedlac about how the spiralling public-sector wage bill can be tamed. And the organisation says these talks need to happen soon The post Public wage bill is impeding SA’s growth prospects — Busa appeared first on The Mail & Guardian.
Tags: Business, Unions, Inflation, Union, International Monetary Fund, Gdp, Imf, Cosatu, Busa, Top Six, Cas Coovadia, Nedlac, Tito Mboweni, Business Unity South Africa, South Africa (country, Martin Kingston


Patel: South Africa on target to attract R1.2-trillion in investments

The trade minister says the country is on track to reach more than R1-trillion worth of investments over five years, despite Covid-19 disruptions The post Patel: South Africa on target to attract R1.2-trillion in investments appeared first on The Mail & Guardian.
Tags: Business, Investment, Economy, Development, Industry, South Africa, Trade, International Monetary Fund, Gross Domestic Product, Growth, Imf, Patel, United Nations Conference on Trade and Development, Top Six, Ebrahim Patel, Trudi Makhaya


Spain sets its hopes on the EU’s COVID-19 pandemic recovery fund

Spain will receive a tsunami of money from the European Union’s COVID-19 pandemic recovery fund if it meets the strict conditions. The magnitude of the amount can be judged from the fact that it is more than the $12 billion Marshall Plan (equivalent to €112 billion today), launched in 1948 by the US to help re-build non-communist war-torn Europe, and from which Spain was excluded because the Franco dictatorship took Hitler’s side.The country, with the highest number of COVID cases in Western Eur...
Tags: Europe, Books, Featured, China, US, Eu, Spain, European Union, European Commission, Brussels, Hitler, Imf, Western Europe, Pedro Sanchez, Shai, European Structural Investment Funds


South Australia to open border to Victoria in two weeks – live news

Trade tensions with China escalate; NSW on alert after restaurant worker at Jasmins1 in Liverpool tests positive for Covid. Follow all the latest news and updates, liveFollow the global coronavirus live blog NSW Covid hotspots: list of Sydney and regional case locations 2.20am GMT Anthony Albanese was also asked about Labor’s childcare policy (he was at a childcare centre, so it is what he wanted to talk about).Q: Taking you back to the childcare issue, why should a family earning more than ...
Tags: Health, Labor, China, Interest Rates, Reserve Bank of Australia, Australia news, Infectious Diseases, Liverpool, Coalition, Australian politics, Queensland, New South Wales, Sydney, Victorian politics, Victoria, Labor party


Victoria reports no new Covid cases and NSW three; US ambassador hopes election peaceful – live news

Trade tensions with China escalate; NSW on alert after restaurant worker at Jasmins1 in Liverpool tests positive for Covid. Follow all the latest news and updates, liveFollow the global coronavirus live blog 12.23am GMT Labor is feeling pretty happy today - the IMF has released a report, which found investing in childcare was particularly beneficial for the economy - because it increased participation.Here is Labor’s take on it:This latest G-20 Report on Strong, Sustainable, Balanced and Inc...
Tags: Health, Labor, Australia, China, US, Interest Rates, Reserve Bank of Australia, Australia news, Joe Biden, Infectious Diseases, Liverpool, Coalition, Australian politics, Queensland, New South Wales, Sydney


Brands Matter: US$22 Trillion Wiped off Company Values in q1 2020, but Global Study Shows Brands Can Fuel Post-COVID Economic Recovery

COVID-19 panic slashed US$22 trillion off company valuations worldwide in Q1 2020 (from US$116.6 to US$94.8 trillion between January and April). While the global economy is forecast to contract by -4.4% this year (IMF), branded companies worldwide have bounced back from the COVID-19 crisis to record growth of 3.8% (from US$116.6 to US$121.0 trillion between […] The post Brands Matter: US$22 Trillion Wiped off Company Values in q1 2020, but Global Study Shows Brands Can Fuel Post-COVID Economic R...
Tags: Featured, Advertising, US, Press Releases, Imf, IAA, Ad & Media Strategies, Online Advertising Challenges, Advertising Reports and Studies, Digital Intelligence, International Advertising Association, COVID-19, Covid19 Recovery, Covid19 Impact, Brands Matter, Global Study Shows Brands Can Fuel Post


From rich kid to first daughter: The life of Ivanka Trump

Ivanka Trump, 38. Jemal Countess / Getty Images Ivanka Trump, President Donald Trump's eldest daughter, has lived her life in the public eye. The 39-year-old has been a business executive, runway model, socialite, doting mother, and key advisor in her father's administration. Here's a closer look at her life, career, and time in the White House. Visit Business Insider's homepage for more stories. Ivanka Trump has lived her life in the public eye.Born to then real-estate mogul Donald Trump ...
Tags: South Korea, Post, Japan, Politics, New York, News, Entertainment, Congress, Washington Post, Washington, Saudi Arabia, Life, White House, Germany, India, New York City


Government support 'essential' for UK economy, says IMF

The International Monetary Fund also says the UK's recession will be more severe than it predicted.
Tags: Business, UK, International Monetary Fund, Imf


10 things you need to know before the opening bell

Andrew Burton/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.Here's what you need to know before markets open.1. Global stocks slide as progress on stimulus stalls. A top US official said Russia and Iran took "specific actions to influence public opinion" relating to the election. See how markets are reacting here.2. Tesla stock surges after the automaker posts record profits. The EV-maker's vehicle deliveries jumped 44...
Tags: Asia, Finance, China, Russia, Global, US, Trends, Markets, Tesla, Iran, Malaysia, Stockton, Morgan Stanley, Energy Information Administration, Imf, Jpmorgan


IMF cuts economic outlook for Asia, as COVID-19 devastates growth, but China remains a bright spot

A priest walks in front of the body of a person who died of the coronavirus disease, as he collects woods to make a funeral pyre at a crematorium in New Delhi, India, on July 3, 2020. Anushree Fadnavis/Reuters The IMF has cut its estimate for Asian economic growth to -2.2% for 2020, down 0.6% from it last forecast in June, citing steep contractions in India, Philippines and Malaysia. The fund upgraded its outlook for China, raising its growth forecast for this year to 1.9%, up 0.7% from a ...
Tags: Asia, Finance, China, India, Trends, Markets, Economy, Malaysia, International Monetary Fund, Morgan Stanley, Pacific, Wuhan, Imf, New Delhi India, Jim Rogers, India the Philippines


IMF says Asia's economy will shrink more in 2020 than it previously thought

The IMF said the downgrade for Asia's economy "reflects a sharper contraction, notably in India, the Philippines, and Malaysia."
Tags: Asia, Imf, India the Philippines


Switzerland of the Middle East: Economic crisis threatens #Oman’s neutrality | Financial Times

Switzerland of the Middle East: Economic crisis threatens Oman’s neutrality | Financial Times:  Sandwiched between Saudi Arabia and Iran, Oman has long prized its neutrality, garnering a reputation as the Middle East’s Switzerland.  But the Gulf state’s ability to steer clear of regional power struggles has been put at risk by economic woes that have been exacerbated by the coronavirus pandemic and the slump in oil prices. The IMF forecasts an economic contraction of 10 per cent this year, f...
Tags: Travel, Saudi Arabia, Middle East, Switzerland, Oman, Financial Times, Imf, Gulf, Rupert Neil Bumfrey, Qaboos bin Said al Said, Sultan Haitham bin Tariq Al Said, Iran Oman


COVID-19 may inflict a decade of economic pain to Mideast, Central Asia, IMF says | Reuters

COVID-19 may inflict a decade of economic pain to Mideast, Central Asia, IMF says | Reuters:  It might take countries in the Middle East and Central Asia a decade to return to the economic growth seen before the coronavirus crisis, the International Monetary Fund said, as long-standing regional vulnerabilities weigh on their recovery. Lack of diversification among oil-exporting countries and the reliance of oil importers on sectors like tourism, as well as their dependence on remittances, are l...
Tags: Travel, Middle East, International Monetary Fund, Kazakhstan, Imf, Mauritania, Reuters, Central Asia, Rupert Neil Bumfrey, Mideast Central Asia


IMF: Nearly all Mideast economies hit by pandemic recession

IMF: Nearly all Mideast economies hit by pandemic recession:  The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an economic recession this year, yet some rebound is expected as all but two — Lebanon and Oman — are expected to see some level of economic growth next year, according to a report published Monday by the International Monetary Fund.  This comes as the IMF estimates that the global economy will shrink 4.4% this year, marking the worst annual plunge sinc...
Tags: Travel, Oman, International Monetary Fund, Lebanon, Imf, Mideast, Rupert Neil Bumfrey


The IMF says vaccine progress could add $9 trillion to global income by 2025 and stage a faster recovery

International Monetary Fund Managing Director Kristalina Georgieva speaks at a press conference in Washington D.C., the United States, on March 4, 2020. Liu Jie/Xinhua/Getty "Faster progress on medical solutions could speed up the recovery; it could add almost $9 trillion to global income by 2025," the International Monetary Fund's managing director Kristina Georgieva said Thursday at its committee meeting: The IMF chief added this can help narrow the gap between rich and poorer countries. ...
Tags: Washington, US, Trends, Markets, Economy, United States, Washington Dc, World Health Organization, International Monetary Fund, World Bank, Vaccine, Cnbc, Imf, Kristalina Georgieva, Georgieva, Jim Osman


US officials warned the White House that Russian intelligence was using Rudy Giuliani to funnel disinformation to Trump

Former Mayor of New York Rudolph Giuliani during the Conference In Support Of Freedom and Democracy In Iran on June 30, 2018 in Paris, France. The speakers declared their support for the Iranian peoples uprising and the democratic alternative, the National Council of Resistance of Iran and called on the international community to adopt a firm policy against the mullahs regime and stand by the arisen people of Iran. (Photo by Anthony Devlin/Getty Images) US intelligence agencies cautioned t...
Tags: Post, New York Post, Politics, New York, News, White House, Russia, US, Trends, Joe Biden, Iran, Ukraine, Hillary Clinton, Treasury, Moscow, Kremlin


The Capital Note: China Bulls Shop, Europe’s Sour Grapes

Welcome to the Capital Note, a newsletter about business, finance and economics. On the menu today: China’s successful bond issue, America’s high tech (and the resentment it generates in the EU), China’s Covid exports (no, not that one) and the end of risk-free assets.China Bulls Shop U.S. investors facing meager returns on developed-market bonds bought up record amounts of Chinese sovereign debt in a bond offering today. According to the Wall Street Journal, U.S. investors bought at least $250...
Tags: Apple, Google, Amazon, Europe, News, Yahoo, Washington, France, China, Germany, US, America, Eu, European Union, Beijing, Atlantic


Leaked government pandemic plan? Terrifying if true...

Regular readers of this pathetic and miserable little blog, (yes all three of you) know that I like to keep it between the lines so to speak.  I like to stick with reliable and respected media, academic and government sources.  Of course the opinions expressed are my own, but the facts I use to support my views, I like them to be reputable.What I'm about to share has none of those attributes, it is merely something I have come across on social media, and I know of know way to verify it's authent...
Tags: Travel, Germany, Canada, Orwell, Committee, Imf, Cory Doctorow, Liberal Party of Canada, PMO, Gordie Canuk, COVID, World Debt Reset


IMF urges governments to borrow to fight impact of Covid-19

IMF says more must be done to tackle rising poverty, unemployment and inequality despite record public debtsCoronavirus – latest updatesSee all our coronavirus coverageGovernments will need to step up their efforts to fight the pandemic and the global economic downturn despite public debts reaching record levels, according to the International Monetary Fund.In a clear message to rich countries that they should continue to borrow cheaply to limit the damage from the virus, the Washington-based le...
Tags: Business, Washington, Economics, G20, UK News, World news, Poverty, Unemployment, Global Economy, International Monetary Fund, World Bank, Inequality, Imf, Kristalina Georgieva, International Monetary Fund (IMF, Coronavirus outbreak


IMF revises down economic forecasts for most Gulf countries | Reuters

IMF revises down economic forecasts for most Gulf countries | Reuters:The International Monetary Fund (IMF) revised down on Tuesday its 2020 real gross domestic product (GDP) projections for most Gulf countries, as it warned the economic outlook was worsening for many emerging markets amid the coronavirus crisis.The IMF forecast a 2020 global contraction of 4.4% in its latest World Economic Outlook, an improvement over a 5.2% contraction predicted in June, but said it was still the worst economi...
Tags: Travel, Saudi Arabia, Imf, Gulf, Reuters, Rupert Neil Bumfrey


Donald, Rudy and Rupert’s Dubious ‘October Surprise’ Reeks of Desperation

Not this time. In 2016, many mainstream media outlets let themselves be used by Donald Trump and his henchmen (Rudy Giuliani, Steve Bannon, Roger Stone, etc.) to amplify nutso Hillary conspiracy stories. It helped put Trump in the White House, where he has violated the Constitution, his oath of office, and common decency pretty much every day since.So far this time around, the media’s track record has been better. But it’s better because all the conspiracy-mongering has fallen flat. Prosecutor J...
Tags: New York Post, News, Obama, Washington, Senate, White House, Joe Biden, Ukraine, Fbi, Iowa, Biden, Giuliani, Donald Trump, Hillary, Delaware, Imf


Goldman Sachs 3rd-quarter earnings trounce expectations as trading desks thrive during the pandemic

Reuters / Shannon Stapleton Goldman Sachs on Wednesday announced third-quarter earnings that thrashed analyst expectations for revenue and profit.The bank's focus on trading helped earnings more than double from the third quarter of 2019."As our clients begin to emerge from the tough economy brought on by the pandemic, we are well positioned to help them recover and grow, particularly given market share gains we've achieved this year," CEO David Solomon said in a statement.Goldman shares r...
Tags: Trends, Bank Of America, Citigroup, Goldman Sachs, Federal Reserve, Biden, Morgan Stanley, Goldman, Equities, Imf, Jpmorgan, David Solomon, Ben Winck, Jeff James, BloombergEarnings, Goldman Sachs 3rd


US stocks edge higher as investors mull bank earnings and sluggish stimulus progress

Craig Ruttle/AP US stocks edged higher as investors mulled the chances of a stimulus compromise and the latest set of bank earnings.Goldman Sachs shares climbed after the bank handily beat estimates for third-quarter revenue and earnings.Bank of America and Wells Fargo fared worse, with both firms citing historically low interest rates for their weaker-than-expected profits.Investors continue to seek out signs of stimulus progress. While Senate Majority Leader Mitch McConnell said Tuesday ...
Tags: Facebook, Senate, White House, US, Trends, Markets, Bank Of America, GS, House, Mitch McConnell, Oil Price, Goldman Sachs, Nancy Pelosi, Biden, Morgan Stanley, Nasdaq


Goldman Sachs' 3rd-quarter earnings trounce expectations as trading desks thrive through the pandemic

Reuters / Shannon Stapleton Goldman Sachs on Wednesday announced third-quarter earnings that thrashed analyst expectations for revenue and profit.The bank's focus on trading helped earnings more than double from the third quarter of 2019."As our clients begin to emerge from the tough economy brought on by the pandemic, we are well positioned to help them recover and grow, particularly given market share gains we've achieved this year," CEO David Solomon said in a statement.Goldman shares r...
Tags: Trends, Bank Of America, Citigroup, Goldman Sachs, Federal Reserve, Biden, Morgan Stanley, Goldman, Equities, Imf, Jpmorgan, Stanley, David Solomon, Ben Winck, BloombergEarnings, Goldman Sachs 3rd