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China calculation of the day

The dimensions of China’s liquidity splurge are startling. Ousmène Jacques Mandeng, formerly with the International Monetary Fund, has calculated that between 2007 and 2015 China created 63 per cent, or $16.1tn, of the growth in the world’s supply of money. Show More Summary

Women In Technology Series: Interview With CIO Of The IMF

When Susan Swart joined the International Monetary Fund as the Chief Information Officer and Associate Director of Technology & General Services Department in June of 2012, she was only the second CIO of the institution. Though the purview of the IMF is global, most of her team is centralized in [...]

News Briefs for November 1, 2016

Claremont Colleges Library, CA, joins HathiTrust; the International Monetary Fund re-ups with PubFactory; LYRASIS partners with the Conservation Center for Art and Historic Artifacts, Philadelphia; and more News in Brief from the November 1, 2016 issue of Library Journal.

Egypt Floats Currency, Appeasing I.M.F. at Risk of Enraging Poor

The move, which effectively devalues the Egyptian pound, is part of an effort to secure a desperately needed rescue loan from the International Monetary Fund.

IMF arrives in Ukraine with tough demand for new loan

An International Monetary Fund team arrives in Kiev on Thursday to check on cash-strapped Ukraine's books and set out a series of tough conditions for the disbursement of further loans. The IMF approved a $17.5-billion (15.8-billion-euro)...Show More Summary

IMF: Sub-Saharan Africa growth to slow to lowest in 20 years

The International Monetary Fund is warning that growth in the sub-Saharan Africa region is likely to slow to its lowest point in more than 20 years. The Washington-based lender said … Click to Continue »

Uber-Dovish Fed Is In Denial Over Coming Crisis

US Secretary of Treasury Jack Lew speaks to U.S. Federal Reserve Chairman Janet Yellen while waiting to take a group photo during the 2016 Annual Meetings of the International Monetary Fund Headquarters and the World Bank Group on October 6, 2016 in Washington, DC. Global finance leaders publicly confronted the [...]

#TalkToOtavianoCanuto n.1 - Canuto and Lusha Zhuang

This is the first of a series of conversations with brilliant young professionals that I have met. Lusha Zhuang is a Chinese economist working at the International Monetary Fund. Otaviano Canuto is the executive director at the board...Show More Summary

The Fed Destroyed US Boomers' Retirement Dreams

US Secretary of Treasury Jack Lew speaks to U.S. Federal Reserve Chairman Janet Yellen while waiting to take a group photo during the 2016 Annual Meetings of the International Monetary Fund Headquarters and the World Bank Group on October 6, 2016 in Washington, DC. Global finance leaders publicly confronted the [...]

China edging towards “financial calamity”, report

China is edging towards “financial calamity” and must wean itself off its debt addiction and reform if it is to avoid a crisis, the International Monetary Fund has warned. Markus Rodlauer, deputy director of the IMF’s Asia-Pacific department, said the world’s second largest economy was approaching a tipping point where its rapidly growing financial sector and […]

LAWRENCE SUMMERS EXPLAINS THE NEW NORMAL ANEMIA: The global economy has entered unexplored, dangerou…

LAWRENCE SUMMERS EXPLAINS THE NEW NORMAL ANEMIA: The global economy has entered unexplored, dangerous territory. The International Monetary Fund’s growth forecast released just before the meeting was once again revised downward. While recession does not impend in any major region, growth is expected at rates dangerously close to stall speed. Show More Summary

Chinese debt is on an 'unsustainable path'

Credit growth in China is on an "unsustainable path" and will need to be reined in to avoid a financial crisis, according to the International Monetary Fund. Markus Rodlauer, deputy director of the IMF's Asia-Pacific unit, said borrowing...Show More Summary

Nigerian Finance Minister Blames West’s Green Energy Drive for Electricity Shortage

2 months agoNews : Newsweek: US

Nigeria’s finance minister has blamed a Western focus on green energy for prohibiting the country from addressing its energy deficit. Kemi Adeosun, speaking at an International Monetary Fund (IMF) meeting in Washington Wednesday, said...Show More Summary

IMF: A range of banks with almost $12 trillion in assets 'remain weak'

Eight years on from the 2008 financial crisis, more than a quarter of all banks in advanced economies are still weak and at risk of further instability, the International Monetary Fund said. The banks, with combined assets of aroundShow More Summary

The world now has $152 trillion in debt — the highest amount ever

The world has never been more in debt. According to the International Monetary Funds (IMF), total nonfinancial sector debt has hit $152 trillion worldwide, the highest gross debt ever recorded. The debt-to-GDP ratio is also at an all-time...Show More Summary

International Monetary Fund Lowers Its Outlook For U.S. Economic Growth

2 months agoNews : The Two-Way

The U.S. economy is projected to see 1.6 percent growth this year, down from the 2.2 percent that the IMF had previously forecast. Globally, growth is seen essentially moving sideways in 2016.

IMF Downgrades US GDP To 1.6% For 2016 (Lower Than EU And UK)

The International Monetary Fund (IMF) has lowered their forecast of US GDP for 2016 to … 1.6%. The post IMF Downgrades US GDP To 1.6% For 2016 (Lower Than EU And UK) was originally published at The Wall Street Examiner. Follow the money!

The yuan joins an elite currency club

2 months agoNews : Daily Chart

ON OCTOBER 1st, the yuan joined the elite basket of currencies that together form the Special Drawing Right (SDR), a unit of account created by the International Monetary Fund (IMF). The designation represents an important “seal of approval”...Show More Summary

Brexit just forced the IMF to cut its growth forecast for Britain's economy for the second time in 3 months

The International Monetary Fund has slashed its growth forecast for the United Kingdom for the second time in less than three months, and as might be expected, Brexit is to blame. In its latest World Economic Outlook, the IMF shavedShow More Summary

IMF lowers U.S. economic forecast, warns of risks of anti-trade policies

The International Monetary Fund on Tuesday downgraded its forecast for the U.S. economy and warned that “persistent stagnation” here and abroad could add more fuel to a populist backlash against trade and immigration that would further stifle growth. In its quarterly World Economic Outlook, the...

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