[*] [+] [-] [x] [A+] [a-]  
[l] at 2/28/24 11:00am
With just seven months to go in Kristalina Georgievas five-year term as head of the International Monetary Fund, she said on Tuesday that she is not focused on whether to seek a second one. Georgieva told Reuters she was focused on the work at hand as the IMF managing director. Look, I have work to ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/26/24 3:00pm
Medium-term global growth prospects are the weakest in decades, but G20 major economies could boost growth prospects if they work together to address climate change, avoid trade restrictions and adopt worldwide principles for artificial intelligence (AI), the International Monetary Fund said. IMF Managing Director Kristalina Georgieva urged G20 major economies to act boldly to rebuild ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/23/24 3:00am
After several quarters of decline, G20 merchandise trade growth flattened in value terms in Q4 2023, as measured in current US dollars (Figure 1 and 2). There was little change in exports and imports compared to Q3 2023, as a robust recovery in East Asia was counterbalanced by a slowdown in Europe and North America. ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/22/24 3:00pm
The International Monetary Fund on Thursday said Japans weaker economic performance in 2023 could add to downside risks in 2024, while high frequency indicators were pointing to a recovery in Britain this year. IMF spokesperson Julie Kosack told reporters the global lender would take new information on the Japanese and British economies which both ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/21/24 3:00pm
Gross domestic product (GDP) in the OECD rose by 0.4% in the fourth quarter of 2023 according to provisional estimates (Figure 1). Quarterly OECD GDP growth rates have remained weak over the past two years (Table 1). In the G7, quarter-on-quarter GDP growth slowed slightly to 0.4% in Q4 2023 compared with 0.5% in Q3. ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/20/24 7:00am
The OECD unemployment rate was stable at 4.8% in December 2023, having remained below 5.0% throughout 2023 (Figure 1 and Table 1). The rate was unchanged in 21 OECD countries in December, rose in 7 countries, and declined in 5 countries. The unemployment rate was more than 3.5 percentage points [p.p.] above its record low ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/16/24 3:00pm
The International Monetary Fund said on Thursday its 2023 economic growth forecast for Japan remained unchanged at 1.9% even after the release of weak October-December gross domestic product data. Despite the weak outturn for the second half of 2023 driven by weak domestic consumption and investment, growth in 2023 for the year as a whole ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/14/24 7:00am
The supply of services through commercial presence and digital trade faced new barriers in 2023, as global services providers were confronted by fragmented regulatory environments, according to annual analysis from the OECD. The overall number of services trade liberalisation reforms enacted in 2023 was below the previous year, but the aggregate impact of liberalising policies ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/12/24 3:00pm
A gradual reversal of oil output cuts for some GCC economies, together with eventual rate cuts, is likely to propel growth in the region by just under 3% in 2024, shrugging off the slowing global economy. This is according to Samy Chaar, Chief Economist at Lombard Odier, who sheds light on the economic outlook in ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/12/24 3:00pm
The International Monetary Fund is now very confident the global economy will see a soft landing, its managing director Kristalina Georgieva said on Monday, adding that interest rates would start coming down around mid year. We are very confident that the world economy is now poised for this soft landing we have been dreaming for, ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/11/24 3:00pm
Conflict in Gaza and a tsunami of change in the labour market driven by AI pose the biggest threats to economic growth in the region, the International Monetary Fund warned on Sunday. The IMF’s managing director Kristalina Georgieva addressed the Arab Fiscal Forum in Dubai to suggest a road map out of economic uncertainty in ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/11/24 3:00pm
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, said on Sunday she was confident about the economic outlook despite uncertainties because the global economy has remained resilient. In a speech at the World Governments Summit in Dubai, Georgieva said the IMF would publish a paper on Monday that shows phasing out explicit ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/9/24 3:00pm
The Bank of Japan should consider ending its yield curve control and massive asset purchases now, then gradually raise short-term interest rates, the IMF said on Friday, as markets ramp up bets on a near-term turn in the central banks ultra-easy policy. As Japans economy continues to recover, domestic demand is replacing rising costs as ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/9/24 3:00pm
Real household income per capita in the OECD fell by 0.2% in the third quarter of 2023, while real GDP per capita grew by 0.3% (Figure 1). The decrease in real household income per capita ended four consecutive quarters of growth starting in Q3 2022. Despite the overall decrease, 11 OECD countries registered an increase ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/7/24 3:00pm
Year-on-year inflation in the OECD, as measured by the Consumer Price Index (CPI), increased from 5.8% in November to 6.0% in December 2023 (Figures 1 and 2), after three consecutive months of decreases. Increases were recorded in 14 OECD countries, while inflation declined in 21 countries and was stable in the remaining 3 countries. Inflation ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/6/24 3:00pm
1. IMF: Latest on the global economy The International Monetary Fund (IMF) has raised its outlook for global economic growth, with increases for both the US and China. The UN financial agency cited inflation easing more quickly than expected, with its chief economist, Pierre-Olivier Gourinchas, saying that a soft-landing was in sight. The global economy ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/6/24 7:00am
Does Chinas economy look worse to outsiders? Yes, if Beijings rebuttal to the International Monetary Funds latest detailed assessment of the $18 trillion economy is anything to go by. Countries rarely agree in entirety with the multilateral institution but the disagreement is a dampener for those hoping for a bolder policy boost. The IMF strikes ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/5/24 3:00pm
Despite a moderate slowdown, Chinas economy will still contribute more than a quarter of global economic growth this year and remain the largest contributor to worldwide growth, said a senior official at the International Monetary Fund. The countrys real estate sector is undergoing a needed adjustment to address oversupply, which can ultimately help stabilize economic ...

[Category: IMF/OECD News]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/5/24 3:00pm
Global growth is holding up, while the pace of growth remains uneven across countries and regions, and inflation is still above targets, according to the OECD’s latest Interim Economic Outlook. The Outlook projects global GDP growth of 2.9% in 2024 and a slight improvement to 3.0% in 2025, broadly in line with the previous OECD ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/4/24 11:00am
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said that although the IMF raised the global growth forecast, theres still a need to be mindful of risks. At a media roundtable at IMF headquarters in Washington D.C. on Thursday, the IMF chief said that with conflicts still going on between Russia and Ukraine, ...

[Category: IMF/OECD News, Πρώτη σελιδα]

[*] [+] [-] [x] [A+] [a-]  
[l] at 2/2/24 3:00pm
The International Monetary Fund on Friday projected that Chinas economic growth would slow to 4.6% in 2024 and decline further in the medium term with growth of about 3.5% projected in 2028. Chinas economy has been hit by weakness in its property sector and subdued external demand, the IMF said. The worlds second-largest economy has ...

[Category: IMF/OECD News]

As of 3/4/24 5:42pm. Last new 2/28/24 12:43pm.

Next feed in category: World Maritime News