FMI. He International Monetary Fund (IMF) This Wednesday he called on governments to control public spending to preserve the soundness of finances and not to follow a trend that usually occurs in election years: spend more and tax less. “History and empirical evidence show that governments tend to spend more and tax less during election … Read more
Washington. The United States needs to increase its revenues to reduce its high budget deficits, even though they help boost global growth by stimulating US domestic demand, said Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), on Saturday. Gopinath noted that deficits in the United States – the largest global economy … Read more
Latest Developments in Middle East – Top News Oil Prices Experience Volatility After Israeli Strikes Overnight Market Turbulence Global oil prices have witnessed a rollercoaster ride in recent hours, fluctuating in response to reports of Israeli strikes on Iranian targets. After an initial sharp rise, oil prices have since eased slightly following mixed reports on … Read more
Mexico City. Kristalina Georgieva, current managing director of the International Monetary Fund, was nominated as the sole candidate to take over the position, a designation process that would have to be completed no later than this month, the organization reported. “The deadline to submit candidates for the position of next managing director closed on Wednesday, … Read more
Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more
Kasikorn Bank (KBANK) views the movement of the baht next week (17-19 April) at the level of 36.20-36.80 baht/dollar, while the Kasikorn Research Center Evaluate important factors that need to be followed, including the direction of foreign capital. Gold price situation in the world market and the World Economic Outlook Report of the International Monetary … Read more
Written by – Ahmed Yaqoub Monday, April 1, 2024 02:21 PM said Ivana Vladkova Holer, Head of Mission International Monetary Fund To Egypt, in response to “The Seventh Day” questions, the date for the new review of Egypt’s economic program, which is the third review, will take place 3 months from now, that is, during … Read more
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For the first time in a long time, Japan was left out of the exclusive top 3 of the most powerful economies on the planet, falling from third place to fourth when it was displaced by Germany, the most powerful in all of Europe. The first and second places were in the same way as … Read more
The International Monetary Fund warned against central banks rushing to cut interest rates too early. International Monetary Fund Director Kristalina Georgieva confirmed that the Fund sees this step as a “greater risk to the global economy” if it is achieved “early than if it moves a little late.” Georgieva indicated to reporters in Washington, “The … Read more
Federal Reserve Poised for Potential Interest Rate Cut The Federal Reserve’s policymakers may be on the precipice of taking action by cutting interest rates, signaling a potential change in the current economic landscape. Investor Enthusiasm Surrounding US Central Bank As the week’s two-day policy meeting, which concludes on Wednesday in Washington, gains momentum, the investor … Read more