Posts filtered by tags: International Monetary Fund[x]


 

IMF Steering Committee Calls for Inflation Vigilance, Draft Statement Shows

By David Lawder and Jan StrupczewskiWASHINGTON/BRUSSELS (Reuters) -The International Monetary Fund's steering committee is urging global...
Tags: International Monetary Fund, Reuters, David Lawder, Jan StrupczewskiWASHINGTON


IMF Steering Committee to Call for Vigilance on Inflation-Draft Statement

WASHINGTON (Reuters) - The International Monetary Fund's steering committee on Thursday will call for increased monitoring of inflation dynamics...
Tags: Washington, International Monetary Fund, Reuters, IMF Steering Committee


What developing countries need to reach net zero

Wealthier countries need to give emerging economies three resources: time to adapt, financial support and policy assistance The post What developing countries need to reach net zero appeared first on The Mail & Guardian.
Tags: Opinion, Global Warming, G20, International Monetary Fund, World Bank, G7, Openaccess, Green Capital, Intergovernmental Panel on Climate Change, COVID-19, Cop26, 2015 Paris climate agreement, Un Secretary General


A crypto collapse is 'plausible' and regulation of the market is urgently needed, Bank of England's deputy governor says

Britain's Deputy Governor of the Bank of England Jon Cunliffe. REUTERS/ Jonathan Brady/Pool A crash in the crypto market is "plausible" given the volatility of the space, Bank of England's Jon Cunliffe said. He called for the regulation of digital assets, saying it is a "matter of urgency." Cunliffe also warned of the risks of DeFi during a conference reported by Reuters. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. A crash in the cryptocurrency market ...
Tags: UK, England, US, Trends, Bank Of England, Britain, Financial Conduct Authority, International Monetary Fund, Cunliffe, Jon Cunliffe, Jonathan Brady, Reuters Sign, Isabelle Lee, Bank of England Jon Cunliffe


IMF Head Pledges Renewed Efforts to Protect Data Integrity

The embattled head of the International Monetary Fund is pledging renewed efforts to bolster data integrity while focusing on the main job of helping countries recover from a devastating global pandemic.
Tags: International Monetary Fund


MIDEAST STOCKS #Saudi outperforms major Gulf bourses after IMF forecast | Reuters

MIDEAST STOCKS Saudi outperforms major Gulf bourses after IMF forecast | Reuters Most major stock markets in the Gulf were little changed on Wednesday, amid inflation fears, while the Saudi index outperformed the region after the International Monetary Fund raised its economic growth forecast.Investors are worried about the economic slowdown and inflation, which is proving less temporary and could entail central banks to take action earlier than expected, said Wael Makarem, senior market s...
Tags: Travel, Saudi Arabia, Dubai, International Monetary Fund, Abu Dhabi, Imf, Gulf, Reuters, DP World, Emaar, Tasi, Rupert Neil Bumfrey, Industries Qatar, QSI, Gulf Egypt, Abu Dhabi Securities Exchange ADX


UK economy expands in August after July dip, but growth undershoots expectations

The UK economy rebounded in August. Niklas Halle'n/Getty Images The UK economy grew in August after shrinking in July, but the expansion undershot expectations. UK GDP grew 0.4% in August after a fall of 0.1% in July, leaving the economy 0.8% smaller than before COVID struck. Economists said supply-chain problems and high energy prices now pose problems to UK growth. The UK economy expanded in August after shrinking slightly in July, but growth narrowly undershot expectations and analy...
Tags: UK, England, Trends, International Monetary Fund, Office For National Statistics, Ons, Brexit, Imf, Capital Economics, Paul Dales, Niklas HALLE, Harry Robertson, Darren Morgan


Marketmind: Stagflation Blues

A look at the day ahead from Saikat Chatterjee.Even by the conservative standards of global organisations, the International Monetary Fund is known...
Tags: International Monetary Fund


US stocks fall as investors receive inflation warnings from the IMF and the Fed

Trader Leon Montana works on the floor of the New York Stock Exchange. AP Photo/Richard Drew US stocks closed lower Tuesday, a third consecutive loss for Wall Street's major benchmarks. Stocks turned lower as the inflation warnings came from the IMF and a New York Fed survey. Atlanta Fed President Raphael Bostic said "elevated inflation is episodic," and tied largely to the pandemic. US stocks closed lower Tuesday after a wave of inflation warnings washed away earlier gains, highlig...
Tags: Montana, US, Trends, Markets, Bank Of America, Bloomberg, Economy, Alaska, Stocks, International Monetary Fund, Federal Reserve, S&P 500, Dow Jones Industrial Average, Imf, Gamestop, Fed


World’s Growth Cools and the Rich-Poor Divide Widens

The International Monetary Fund says the persistence of the coronavirus and global supply chain crisis weighs on economies.
Tags: International Monetary Fund


IMF says Covid support has left world open to new financial crisis

Investors increasingly worried about rising infections and weak recovery in poor countries, report warnsThe emergency support provided by central banks and finance ministries during the Covid-19 pandemic has fuelled speculation and left the world vulnerable to another financial crisis, the International Monetary Fund has warned.Policy makers were faced with a “challenging” trade-off between continuing to support economic activity while preventing unintended consequences and medium-term financia...
Tags: Business, Environment, Economics, Financial Crisis, UK News, World news, US news, Economic recovery, International Monetary Fund, Imf, Kristalina Georgieva, Climate Crisis, International Monetary Fund (IMF, Coronavirus, Global Financial Stability Review


IMF Takes Data Integrity 'Incredibly Seriously' - Chief Economist Gopinath

WASHINGTON (Reuters) - The International Monetary Fund takes data integrity "incredibly seriously" and has a robust system in place to ensure the...
Tags: Washington, International Monetary Fund, Imf, Reuters, Gopinath


'Dr. Doom' economist Nouriel Roubini says the Fed may 'wimp out' from tightening monetary policy if growth slows

Dr. Nouriel Roubini. Tom Williams/Getty Images Nouriel Roubini said Tuesday the Fed may interrupt its tapering process if economic growth is quickly slowing and markets sink. The NYU professor told Bloomberg the Fed may begin reducing asset purchases in November. The Fed is likely keeping 2018 in mind when stocks stumbled on growth and rate-hike worries. The Federal Reserve may begin tapering asset purchases in November, but could hit pause if economic growth slows and investors respond ...
Tags: US, Trends, Markets, Bloomberg, Treasury, International Monetary Fund, Federal Reserve, Nyu, Fed, Nouriel Roubini, Jerome Powell, Carla Mozee, Bloomberg the Fed, MI Exclusive, Dr. Doom Nouriel Roubini, Roubini and Fed


IMF Foresees a Slight Drop in Global Growth From Pandemic

The International Monetary Fund is slightly downgrading its outlook for the global recovery from the pandemic recession, reflecting the persistence of supply chain disruptions in industrialized countries and deadly disparities in vaccination rates between rich and poor nations.
Tags: International Monetary Fund, Imf


US stocks edge higher as investors assess economic growth and inflation risks

Traders Aaron Ford, left, and John Panin work on the floor of the New York Stock Exchange. AP Photo/Richard Drew Stocks moved modestly higher Tuesday after growth and inflation concerns sparked a retreat Monday. The IMF trimmed its 2021 growth outlook, citing broken supply chains and continued pandemic stress. Investors are heading into a "make or break" earnings season, says Bank of America. US stocks gained modestly Tuesday following a selloff in the previous session but investors re...
Tags: US, Samsung, Trends, Markets, Bank Of America, Intel, Alaska, Jp Morgan, Stocks, International Monetary Fund, West Texas Intermediate, Jamie Dimon, Imf, Gamestop, JPMorgan Chase, Carla Mozee


IMF calls for rich countries to fulfil promises on vaccines and climate

A dangerous diversion in economic prospects around the world is a big worry, latest report warnsThe International Monetary Fund has told rich countries to make good on their vaccine and climate change promises to developing nations as it warned of a dangerous divergence in economic prospects around the globe.The IMF revised down its growth forecasts for many western countries – including the UK – but said its real concern was low-income countries where the picture had become markedly worse. Cont...
Tags: Business, UK, Environment, Economics, UK News, World news, US news, International Monetary Fund, Imf, Climate Crisis, International Monetary Fund (IMF, Coronavirus


IMF Board Confident About Leader Despite Data-Rigging Claims

The International Monetary Fund has expressed “full confidence” in its managing director.
Tags: International Monetary Fund, Imf


IMF's Board Approves Allowing Georgieva to Remain as Head

The International Monetary Fund has expressed confidence in its managing director in response to allegations World Bank staff were pressured to change business rankings for China in an effort to placate Beijing.
Tags: China, International Monetary Fund, World Bank, Imf, Georgieva


IMF Board Approves Allowing Georgieva to Remain as IMF Head

The International Monetary Fund expressed “full confidence” in its managing director Tuesday in response to allegations that World Bank staff were pressured to change business rankings for China in an effort to placate Beijing.
Tags: China, International Monetary Fund, World Bank, Georgieva, IMF Board


Yellen Tells IMF's Georgieva Data-Rigging Probe Raised 'Legitimate' Concerns-Treasury

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen told International Monetary Fund Managing Director Kristalina Georgieva on Monday that...
Tags: Washington, International Monetary Fund, Janet Yellen, Imf, Yellen, Kristalina Georgieva, Reuters U S Treasury


IMF Board Reaffirms 'Confidence' in Georgieva After Data-Rigging Claims

WASHINGTON (Reuters) - The International Monetary Fund's executive board on Monday reaffirmed its full confidence in Managing Director Kristalina...
Tags: Washington, International Monetary Fund, Imf, Reuters, Georgieva After Data Rigging Claims


IMF Board to Back Managing Director Georgieva - Sources

WASHINGTON (Reuters) - The International Monetary Fund's executive board will issue a statement of support for Managing Director Kristalina...
Tags: Washington, International Monetary Fund, Reuters, Georgieva, IMF Board


IMF Board to Resume Debate Over Georgieva's Future Later Monday

By Andrea Shalal and David LawderWASHINGTON (Reuters) - The International Monetary Fund's 24-member executive board is due to resume talks later on...
Tags: International Monetary Fund, Reuters, Georgieva, Andrea Shalal, IMF Board, David LawderWASHINGTON


Data-Rigging Allegations Against IMF Chief Fall Short, Says French Source

PARIS (Reuters) - Data-rigging allegations against International Monetary Fund chief Kristalina Georgieva fall short of directly implicating her, a...
Tags: Paris, International Monetary Fund, Imf, Kristalina Georgieva, Reuters Data


IMF Says Executive Board Expects to Conclude Georgieva-World Bank Review 'Very Soon'

WASHINGTON (Reuters) - The International Monetary Fund said its executive board met on Sunday to discuss data-rigging allegations against IMF...
Tags: Washington, International Monetary Fund, Reuters


IMF Board Expected to Decide Managing Director Georgieva's Fate on Monday

By Andrea ShalalWASHINGTON (Reuters) - The International Monetary Fund's executive board was meeting on Sunday with Managing Director Kristalina...
Tags: International Monetary Fund, Imf, Reuters, Andrea, Georgieva


IMF Board Decision Hangs Over Georgieva as IMF-World Bank Annual Meetings Begin

By Andrea ShalalWASHINGTON (Reuters) -Data-rigging allegations against International Monetary Fund Managing Director Kristalina Georgieva were set...
Tags: International Monetary Fund, Imf, Andrea, Kristalina Georgieva, Georgieva, Reuters Data


IMF to issue downbeat outlook as spectre of stagflation looms

Fund set for a gloomy annual meeting as supply chain issues and inflationary pressures hobble global recoveryWeaker global growth, vaccine protectionism and the spectre of 1970s-style inflation haunting large economies. As the International Monetary Fund prepares for its annual gathering this week, the contrast with the spring could not be more stark.Back in April, at the Washington-based fund’s last virtual bash, there were sharp upgrades for global growth amid a sense of optimism for the road ...
Tags: Business, Washington, Economics, G20, Global Economy, International Monetary Fund, World Bank, Imf, G7, US UK, Kristalina Georgieva, International Monetary Fund (IMF, Rishi Sunak, Coronavirus


Exclusive: IMF Board to Meet Sunday for More Talks on Georgieva's Future

By Andrea Shalal and David LawderWASHINGTON (Reuters) - The International Monetary Fund's executive board will meet again on Sunday with Managing...
Tags: International Monetary Fund, Reuters, Georgieva, Andrea Shalal, IMF Board, David LawderWASHINGTON


IMF Board Says Needs More Time to Weigh Data-Rigging Details

The International Monetary Fund says it needs more time to weigh its response to a law firm's findings that the agency’s managing director was involved in data-rigging at the World Bank when she was a top official there.
Tags: International Monetary Fund, World Bank, Imf