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Russia's IMF Director: Next Crisis Will Find Us Unprepared

An event held at the Russian Embassy titled “BRICS 2.0—A Metamorphosis of Globalization,” sponsored by Russia Direct, a monthly magazine with news on Russia, brought together some pro-BRICS intellectuals to counter much of the recent slander about the alleged imminent break-up of the BRICS. 443 more words

Glass Steagall

Core Personal Consumption Expenditures YoY Fall To 1.28%, Below Fed's Target Inflation Rate

Today’s report on the economy concerning personal income, spending and durable goods orders is the last one before The Fed decides to raise rates in December. 134 more words

General Economy

IMF bearish on Sub-Saharan Africa

The International Monetary Fund’s (IMF) October 2015 regional economic outlook for Sub-Saharan Africa is titled “Dealing with the Gathering Clouds.” Not exactly optimistic, is it? 151 more words


Zambia Should Get IMF Aid, Ex-Finance Minister Musokotwane Says

Zambia should access emergency funding from the International Monetary Fund to prevent further deterioration in the economy, according to Situmbeko Musokotwane, a former finance minister in Africa’s second-largest copper-producing country. 290 more words


Openness and Inequality: Distributional Impacts of Capital Account Liberalization

By Davide Furceri and Prakash Loungani

It is well accepted that trade generates winners and losers. The past few decades have seen increases not just in trade in goods and services but trade in assets, as countries relax restrictions on the ability of capital to flow across national boundaries. 655 more words

International Monetary Fund

COLONIE, numele tău e România!!!

Am simțit de mult timp că jegurile și jegoșii s-au folosit de tragedia de la Colectiv. Loc în care frații și surorile mele au murit dintr-o prostie probabil regizată…. 352 more words