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Tag: International Monetary Fund

The IMF’s examination of Spain: five years of crisis and Sánchez skips 6 of its 7 recommendations

The IMF’s examination of Spain: five years of crisis and Sánchez skips 6 of its 7 recommendations

  He had it so tied that his own Pedro Sánchez he himself voted against the amendments to the entirety of his budget project for 2021 by telematic means, like most of his ministers. And if they had forgotten, nothing would have happened either because even a Vox deputy, Magdalena NevadoHe was wrong and voted […]

The coronavirus will have an impact on the world economy 44 times greater than that of the 2008 crisis

The coronavirus will have an impact on the world economy 44 times greater than that of the 2008 crisis

  This year alone, the coronavirus will have an impact on the world economy 44 times greater than the financial crisis of 2008-2009. This has been explained by the chief economist of the International Monetary Fund (IMF), Gina Gopinath, at the press conference to present the report of World Economic Outlook, recalling that “the magnitude […]

Debt of poor countries at the heart of G20 discussions

Debt of poor countries at the heart of G20 discussions

The risk of a financial crisis following the pandemic crisis continues to mount. “Some emerging and developing countries are experiencing financing difficulties that risk to tip them into over-indebtedness or financial instability. “ In its report on financial stability, the day before the virtual meeting of G20 finance ministers, the International Monetary Fund is explicit and sounds […]

The IMF points to a less severe global crisis, although the outlook worsens for emerging economies

The IMF points to a less severe global crisis, although the outlook worsens for emerging economies

The International Monetary Fund (IMF) issued “somewhat less bleak” projections for the global economy on Tuesday, as rich nations and China rallied faster than expected after coronavirus lockdowns. , although he cautioned that the outlook is getting worse for many emerging markets. IMF forecasts for 2020 pointed to a 4.4% contraction of the world economy, […]

IMF chief Georgieva says the world is in a recession, containment will dictate strength of recovery

IMF chief Georgieva says the world is in a recession, containment will dictate strength of recovery

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks in Washington, D.C., on Oct. 16, 2019. Andrew Harrer | Bloomberg | Getty Images This is a developing story. Check back for updates. International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks to COVID-19, but […]

NY tri-state area imposes new restrictions, Workday to give workers cash

NY tri-state area imposes new restrictions, Workday to give workers cash

This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.  Global cases: More than 169,387, according to Johns Hopkins University. Global deaths: At least 6,513, according to Johns Hopkins University. US cases: At least […]

Next two weeks critical for China in coronavirus outbreak

Next two weeks critical for China in coronavirus outbreak

The next two weeks will be crucial in determining the economic impact of the coronavirus, says International Monetary Fund (IMF) Managing Director Kristalina Georgieva. In that time, factories are due to re-open in China, which would give a “better understanding on the resilience of China and on that basis, the spillover for the rest of […]

US-China phase one trade deal may not hold, tariffs could return: Expert

US-China phase one trade deal may not hold, tariffs could return: Expert

China’s President Xi Jinping and U.S. President Donald Trump attend a welcome ceremony at the Great Hall of the People in Beijing on Nov. 9, 2017. Nicolas Asfouri | AFP | Getty Images China could face difficulties fulfilling its commitment in the so-called phase one trade deal with the U.S., allowing President Donald Trump to […]

US won’t consider China a currency manipulator ahead of trade deal

US won’t consider China a currency manipulator ahead of trade deal

Chinese Vice Premier Liu He (2nd L) says goodbye to U.S. Treasury Secretary Steven Mnuchin as they break from meetings at the USTR offices May 10, 2019 in Washington, DC. Chip Somodevilla | Getty Images The United States removed China from a list of countries considered currency manipulators just two days before top trade negotiators […]

Standard Chartered CEO on US-China trade war, Hong Kong protests, Iran risks

Standard Chartered CEO on US-China trade war, Hong Kong protests, Iran risks

A Standard Chartered branch in Hong Kong. Miguel Candela l SOPA Images l LightRocket via Getty Images There have been signs that some risks in the global economy are receding, allowing businesses to once again plan for the long term, said Bill Winters, chief executive of British bank Standard Chartered. Winters pointed out on Monday […]