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Mark Carney just summed up Brexit's impact on the economy in a few short sentences

LONDON — Bank of England Governor Mark Carney on Monday neatly summed up the impact the vote to leave the European Union has had on Britain's economy. Speaking at the International Monetary Fund in Washington DC, Carney said: "UK households,...Show More Summary

Ageing populations will drag on growth in Asia: IMF chief

The chief of the International Monetary Fund warned Thursday that ageing populations in key Asian economies will drag on their growth, urging policymakers to step up their response to shifting demographics. Studies show that Asia's population...Show More Summary

IMF says transport, food costs are up in Qatar after rift

The International Monetary Fund says transportation and food costs in Qatar have "edged up" due to a diplomatic rift that led four Arab countries cut ties with the small Gulf … Click to Continue »

China moves to curb overseas debt-fueled acquisitions (+ENCOURAGE "NEW SILK ROAD" INVESTMENTS)

The curbs were announced in a document released on Friday by the state council, China's cabinet, in the latest move to halt a string of foreign acquisitions. This week the International Monetary Fund described China's credit-fuelledShow More Summary

U.S. wind and solar energy saved up to 12,700 lives, $220 billion in past decade

A major new study funded by the Department of Energy documents major health and air quality benefits from the U.S. wind and solar revolution of the past decade, which include up to 12,700 lives saved. “The monetary value of air quality and climate benefits are about equal or more than state and federal financial support […]

Current Account Deficits and Safe Assets

by Joseph Joyce Current Account Deficits and Safe Assets The International Monetary Fund has issued its External Sector Report for 2017, and among its key findings: “Global current account imbalances were broadly unchanged in 2016…” The U,S. continues to record the largest deficit, $451.7 billion, which is equal in value to 2.4% of U.S. GDP. […]

IMF: It's time to worry about China's 'dangerous' debt

China's huge debt pile could be the trigger for the next financial crisis as borrowing reaches unsustainable levels, according to a study from the International Monetary Fund (IMF). The IMF released its annual report on the Chinese economy,...Show More Summary

IMF Internal Watchdog: Organization Illegally Rescued Its Own (Rich-Country) House

The International Monetary Fund's top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed...Show More Summary

IMF: Countries must avoid protectionism 'at all costs'

The International Monetary Fund warned world leaders Friday to avoid resorting to protectionist measures "at all costs" due to the damage it would cause to their own and the global economy. At a time when President Donald Trump has repeatedly...Show More Summary

The Globalist One World Currency Will Look A Lot Like Bitcoin

Authored by Brandon Smith via Alt-Market.com, This week the International Monetary Fund shocked some economic analysts with an announcement that America was "no longer first in the world" as a major economic growth engine. This stinging assertion falls exactly in line with the narrative out of the latest G20 summit; that the U.S. Show More Summary

IMF urges US to 'protect' gains won under Obamacare

The International Monetary Fund on Thursday weighed into the US health care debate, urging the Trump administration to "protect" the gains achieved under President Barack Obama. As the US Senate continues the heated debate over repealing...Show More Summary

IMF to launch new form of aid -- with no money

The International Monetary Fund announced Wednesday it will launch a new tool to support governments in financial trouble: one that involves no money. Instead of providing cheap loans to countries, the new IMF tool will serve as a good housekeeping seal of approval for a government's reform program. Show More Summary

Bolivia's President Declares 'Total Independence' from World Bank and IMF

``Morales has said Bolivia's past dependence on the agencies was so great that the International Monetary Fund had an office in government headquarters and even participated in their meetings. Bolivia is now in the process of becoming a member of the Southern Common Market, Mercosur and Morales attended the group's summit in Argentina last week. ''

Lagarde Hints At IMF Being Based In China In Future

In a comment sure to stir up questions over dollar hegemony (and new world order conspiracy thoughts), IMF Managing Director Christine Lagarde admitted during an event today in Washington that The International Monetary Fund could be...Show More Summary

The IMF just downgraded the Trump economy

The International Monetary Fund has sharply revised its forecast for US economic growth in a direct indictment of Donald Trump’s presidency and lack of action on promised policy changes. The IMF downgraded its forecast for US gross domestic...Show More Summary

IMF upgrades eurozone, Japan; leaves world outlook unchanged

The International Monetary Fund is upgrading the economic outlook for Europe, Japan and China this year. But fund's forecast for global growth is unchanged from an April forecast, partly because … Click to Continue »

'Global growth recovery on track' - IMF

The pickup in global growth recovery remains on track, the International Monetary Fund (IMF) said in its latest World Economic Outlook (WEO) report on Monday, maintaining its previous forecast of global growth at 3.5 percent and 3.6 percent respectively for 2017 and 2018. Show More Summary

IMF approves conditional $1.8 billion loan to Greece

The International Monetary Fund's board approved a $1.8 billion loan to Greece — but will only release the money if the country gets debt relief from its European creditors. The … Click to Continue »

All Conundrums Matter

Authored by Jeffrey Snider via Alhambra Investment Partners, Since we are this week hypocritically obsessing over monetary policy, particularly the federal funds rate end of it, it’s as good a time as any to review the full history of...Show More Summary

The International Monetary Fund Accidentally Provides Strong Evidence for the Laffer Curve

As a general rule, the International Monetary Fund is a statist organization. Which shouldn’t be too surprising since its key “shareholders” are the world’s major governments. And when you realize who controls the purse strings, it’s no surprise to learn that the bureaucracy is a persistent advocate of higher tax burdens and bigger government. Show More Summary

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