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IN THE SIX years since the International Monetary Fund last published a Financial System Stability Assessment of China, credit has boomed, spreading shadow banking has added complexity to the system, and moral hazard has grown as belief in the implicit state guarantee to firms and investors has remained unshakeable. 639 more words
KIEV (Reuters) – The head of the International Monetary Fund, Christine Lagarde, said she had a constructive phone call with Ukrainian President Petro Poroshenko late on Thursday in which she urged him to speed up the fight against corruption.
Crypto-currency Bitcoin has experienced a tremendous run-up since the 2016 election (November 8th) of Donald Trump. In fact, it has risen from $710 on election day 2016 to $15,600 as of today. 65 more words