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Vaccines split global recovery – IMF

The global economy will expand by 6% this year but the economic gap between nations is widening. The post Vaccines split global recovery – IMF appeared first on The Mail & Guardian.
Tags: Business, Economy, International Monetary Fund, Vaccinations, Imf, Openaccess, Top Six, Coronavirus, COVID-19


IMF Sees 'Critical Role' as World Transitions to Digital Money

NEW YORK (Reuters) - The International Monetary Fund must ramp up its resources as it seeks to "monitor, advise on, and help manage this...
Tags: International Monetary Fund, Imf, NEW YORK Reuters


The IMF warned of an uneven global recovery. It just got worse.

Medical workers administer COVID-19 vaccines in Mumbai, India, April 13, 2021. Rajanish Kakade/AP Uneven vaccine rollouts are widening the gap between the recovery's winners and losers, the IMF said. The IMF lifted its growth forecast for advanced economies and lowered its outlook for developing nations. The organization warned of a K-shaped rebound just months into the pandemic as COVID slammed major economies. See more stories on Insider's business page. The gap is widening betw...
Tags: China, US, Trends, Eu, Delta, International Monetary Fund, Mumbai, Imf, Eastern Asia, Gopinath, Gita Gopinath, Ben Winck, Sub Saharan Africa Latin America


Boris Johnson predicts steady economic recovery post-pandemic

Boris Johnson still warns of "bumps on the road" ahead as the IMF predicts 7% growth for the UK economy.
Tags: UK, News, Boris Johnson, Imf


IMF upgrades UK economic forecast

Global economic prospects diverge more due to differing access to Covid vaccines, the IMF says.
Tags: UK, News, Imf


IMF raises growth forecasts for rich nations, dims outlook for developing world

The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its outlook for the United...
Tags: International Monetary Fund, Imf


IMF Forecasts Stronger Rebound for Latin American Economies

The International Monetary Fund has boosted its forecast for gross domestic product in Latin America and the Caribbean, fueled by stronger outlooks for its two largest economies.
Tags: International Monetary Fund, Latin America, Caribbean, Imf


Failure to help poor countries fight Covid ‘could cost global economy $4.5tn’

IMF calls on rich nations to help halt spread of infectious variants through countries with low vaccination ratesLarry Elliott: Global economic recovery from Covid could go wrongThe world economy risks losing $4.5tn (£3.3tn) from highly-infectious variants of Covid-19 spreading through poor countries where vaccination rates are lower, the International Monetary Fund has warned.Calling on rich countries to take urgent action to share at least 1bn doses with developing nations, or risk severe econ...
Tags: Business, Washington, Economics, UK News, World news, US news, Infectious Diseases, Global Economy, International Monetary Fund, Imf, Elliott, International Monetary Fund (IMF, Coronavirus


Failure to help poor countries fight Covid ‘could cost global economy $4.5tn’, says IMF

Fund calls on rich nations to help halt spread of infectious variants through countries with low vaccination ratesLarry Elliott: Global economic recovery from Covid could go wrongThe world economy risks losing $4.5tn (£3.3tn) from highly infectious variants of Covid-19 spreading through poor countries where vaccination rates are lower, the International Monetary Fund has warned.Calling on rich countries to take urgent action to share at least 1bn doses with developing nations, or risk severe eco...
Tags: Business, Washington, International Trade, Economics, UK News, World news, US news, Infectious Diseases, Global Economy, International Monetary Fund, Imf, Elliott, International Monetary Fund (IMF, Coronavirus


IMF Lifts Forecast for UK Growth in 2021 After Vaccine Roll-Out

LONDON (Reuters) - The International Monetary Fund sharply revised up its growth forecast for Britain's economy in 2021 on Tuesday after giving a...
Tags: UK, London, Britain, International Monetary Fund, Imf, Reuters


IMF Raises Russia's 2021 Economic Growth Forecast

MOSCOW (Reuters) - Russia's economy is on track to grow more than expected in 2021 but less than previously thought in 2022, the International...
Tags: Russia, Moscow, Imf, Reuters


IMF Lifts Growth Forecasts for Rich Nations, Dims Outlook for Developing World

By David LawderWASHINGTON (Reuters) - The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its...
Tags: International Monetary Fund, Imf, Reuters, David LawderWASHINGTON


IMF warns that inflation could prove to be persistent and central banks may need to act

For the most part, the Washington-based institution sees these price pressures as transitory. However, it warned that "uncertainty remains high."
Tags: Washington, Imf


IMF Forecasts 6% Global Growth This Year as Economies Reopen

The International Monetary Fund is sharply upgrading its economic outlook this year for the world’s wealthy countries, especially the United States, as COVID-19 vaccinations help sustain solid rebounds from the pandemic recession.
Tags: United States, International Monetary Fund, Imf


IMF Says Stands Ready to Help Tunisia Cope With 'Extraordinary' Pressures

LONDON (Reuters) - The International Monetary Fund stands ready to continue to help Tunisia to cope with the impact of the COVID-19 crisis, achieve...
Tags: London, International Monetary Fund, Tunisia, Imf, Reuters


IMF Stands Ready to Help Tunisia Cope With 'Extraordinary' Pressures

By Tom ArnoldLONDON (Reuters) -The International Monetary Fund stands ready to continue to help Tunisia cope with the impact of the COVID-19 crisis...
Tags: International Monetary Fund, Tunisia, Imf, Reuters, Tom ArnoldLONDON


IMF Says #Bahrain Needs ‘Urgent Fiscal Adjustment’ After Virus - Bloomberg

IMF Says Bahrain Needs ‘Urgent Fiscal Adjustment’ After Virus - Bloomberg Bahrain has to do more to get its finances in shape, even if it manages to round up additional regional support, according to the International Monetary Fund.Once it recovers from the economic downturn instigated by the coronavirus pandemic, the island nation will likely need “an urgent fiscal adjustment,” Ali Al-Eyd, the fund’s Bahrain mission chief, said in an interview with Bloomberg.“Whether that counts with Gulf Coo...
Tags: Travel, Bloomberg, Bahrain, Imf, Gulf, Gulf Cooperation Council, Rupert Neil Bumfrey, International Monetary Fund Once, Ali Al Eyd, Al Eyd


IMF to Keep 2021 Global Growth Forecast at 6%-Georgieva

By David LawderWASHINGTON (Reuters) -The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the...
Tags: International Monetary Fund, Imf, Reuters, Georgieva, David LawderWASHINGTON


Emerging Market bond risks

T his is part two of a three-part series investigating whether Emerging Market bonds can enhance passive portfolios. Today we’ll consider Emerging Market bond risks. In part one we looked at why you might be tempted to cast aside volatile Emerging Market equities in pursuit of the handsome risk-adjusted historic returns of Emerging Market US$ sovereign bonds. But very few cases are one-sided in investing. A big question mark still hangs over EM US$ sovereign debt. Specifically, is its superior...
Tags: UK, China, Africa, Marketing, US, Investing, Asia Pacific, Middle East, Emerging Markets, Bonds, Imf, Vanguard, US Treasuries, Lars, Passive investing, China America


IMF Urges Countries to Shift From Economic Rescue to Reforms

By David LawderWASHINGTON (Reuters) - The International Monetary Fund's No. 2 official on Tuesday called on countries to pivot from saving their...
Tags: Imf, Reuters, David LawderWASHINGTON


‘Mission: Impossible III’ Brought Tom Cruise Into the Chaotic World of J.J. Abrams

(Welcome to Man on a Mission, a monthly series where we revisit the films of the Mission: Impossible franchise as we sprint toward the release of the seventh film.) Tom Cruise needed to change the subject. One of the biggest movie stars in the world, he had recently become vastly more well-known less for his films than for his public statements on psychology and Scientology, the latter of which has counted him as one of its most devoted and famous followers for decades. Cruise’s public life had...
Tags: Movies, Abc, Star Trek, Features, Brooke Shields, Cruise, Mtv, Nicole Kidman, Sydney, James Bond, Katie Holmes, Dreamworks Animation, Oprah Winfrey, Tom Cruise, Spielberg, David Fincher


'Sooner the Better': Argentina Says Talks With IMF on Track

BUENOS AIRES (Reuters) - Talks between Argentina and the International Monetary Fund (IMF) are advancing, the Argentine representative to the...
Tags: Argentina, Buenos Aires, Imf, Reuters, International Monetary Fund IMF


IMF Approves $1.5 Billion Loan Program for Democratic Republic of Congo

WASHINGTON (Reuters) - The International Monetary Fund said its executive board on Thursday approved a new three-year, $1.52 billion extended...
Tags: Washington, International Monetary Fund, Imf, Democratic Republic Of Congo, Reuters


Latest Mission: Impossible 7 Image Features The Return Of A Beloved Character

One of the IMF's finest is on display in our latest look at Mission: Impossible 7.
Tags: Religion, Imf


IMF Says Talks With Argentina Aimed at New Loan Program

By David LawderWASHINGTON (Reuters) -The International Monetary Fund and Argentina are negotiating towards a new Extended Fund Facility program to...
Tags: Argentina, Imf, Reuters, David LawderWASHINGTON, Argentina Aimed, New Loan Program


IMF Says Talks With Argentina Aimed at New Extended Fund Facility

WASHINGTON (Reuters) - The International Monetary Fund and Argentina are negotiating towards a new Extended Fund Facility program to deal with the...
Tags: Washington, Argentina, Imf, Reuters, Argentina Aimed


Higher Oil Income Will Boost #Saudi Saving Not Spending, IMF Says - Bloomberg

Higher Oil Income Will Boost Saudi Saving Not Spending, IMF Says - Bloomberg Saudi Arabia is likely to use surplus oil revenue to rebuild reserves, breaking with its historical practice of boosting spending when crude prices rise, according to the International Monetary Fund.“The message that we very strongly got was that the expenditure path set out in the budget will be stuck to, regardless of where oil prices go to, which I think is the right thing to do,” Tim Callen, the IMF mission chief ...
Tags: Travel, Saudi Arabia, Opec, Bloomberg, International Monetary Fund, Imf, International Energy Agency, Callen, Rupert Neil Bumfrey, Tim Callen, Bloomberg Saudi Arabia


IMF Cites Progress in Debt Talks With Argentina

WASHINGTON (Reuters) - The International Monetary Fund on Tuesday said progress was being made in talks with Argentina as the two sides weigh plans...
Tags: Washington, Argentina, International Monetary Fund, Imf, Reuters


IMF Cites Progress in $45 Billion Debt Talks With Argentina

WASHINGTON/BUENOS AIRES (Reuters) -The International Monetary Fund and Argentina flagged "progress" in debt talks after meetings between the two...
Tags: Washington, Argentina, Imf, BUENOS AIRES Reuters


Exclusive: IMF Pushing G20 for Clear Path to Donate Reserves to Poor Countries - Okamoto

By David LawderVENICE, Italy (Reuters) - The International Monetary Fund wants G20 countries to decide on a clear path over the next two days for...
Tags: G20, International Monetary Fund, Imf, Okamoto, Italy Reuters, David LawderVENICE