Chinese Premier Li Keqiang on Monday asked the International Monetary Fund (IMF) to include the Chinese currency in the special drawing rights (SDR) basket, endorse the yuan as a global reserve currency alongside the dollar and euro. 453 more words
Tags » Christine Lagarde
La France est en mauvais état. On peut espérer une petite amélioration dans l’avenir proche grâce à l’impact de quelques facteurs exogènes comme la dévaluation de l’euro par rapport au dollar, le faible coût du pétrole ou encore la gentillesse des marchés financiers qui gratifient les emprunteurs de taux de crédit extrêmement cléments. 477 more words
Unconventional monetary policies, which include large purchases of government debt, has been used to provide policy accommodation in advanced economies since the 2007 global financial crisis. 265 more words
The Associated Press
BEIJING — International Monetary Fund chief Christine Lagarde says China’s economic slowdown is legitimate and Beijing can contribute to global prosperity.
Lagarde welcomed Beijing’s efforts to boost investment outside China, referring to the new Beijing-led Asian Infrastructure Investment Bank. 75 more words
(19 March 2015, AFR, p26, by James Crabtree, Financial Times)
‘The head of the International Monetary Fund warned yesterday that emerging markets are set to face a renewed period of economic instability when US interest rates rise this year, forecasting a repeat of 2013’s damaging “taper tantrum” episode of capital flight and rapid currency depreciation. 10 more words
UK BUDGET MEETS GREEK DEFIANCE: One legislative vote in Athens makes a mockery of Osborne's "long term plan".
Pretty much the entire UK pre-election Budget presented by George Osborne today is predicated upon an optimistic growth rate going forward at 2.5%. But 1,984.2 miles away in Athens, the passage into Law of a defiant anti-poverty Bill has ensured that Britain’s biggest trading partner is likely to be in a zero-import chaos for the rest of this year. 413 more words