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Apr 12, 2024
04/24
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we have the imf forecaster— think about. we have the imf forecaster due _ think about. we have the imf forecaster due to _ think about. we have the imf forecaster due to come - think about. we have the imf forecaster due to come out i think about. we have the imf i forecaster due to come out soon i believe. the advanced economies i having to hold steady. low income economies are the hardest hit by emotion economies have done fairly well. we're talking the likes of india and indonesia, what are they doing? we of india and indonesia, what are they doing?— of india and indonesia, what are they doing? we have the world economic _ are they doing? we have the world economic outlook - are they doing? we have the i world economic outlook update from the imf and boil back next week so we will see how their economic growth and inflation forecast change. one thing emerging economies did particularly well this time as they were quicker to move than their western counterparts when it came to tackling inflation. as a result, they have been able to start cutting interest rates earli
we have the imf forecaster— think about. we have the imf forecaster due _ think about. we have the imf forecaster due to _ think about. we have the imf forecaster due to come - think about. we have the imf forecaster due to come out i think about. we have the imf i forecaster due to come out soon i believe. the advanced economies i having to hold steady. low income economies are the hardest hit by emotion economies have done fairly well. we're talking the likes of india and indonesia, what...
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Apr 16, 2024
04/24
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what did the imf have to say about how we are weathering that storm? the imf notes a lot of progress has been made from that very painful period, certainly for wealthier countries, in 2022, and slightly later in developing countries, and the words that keep cropping up our resilience but also divergence, resilience but also divergence, resilience if you look in the case of the us, the progress that has been made on inflation, the imf said was very impressive, and that despite recent bumps along the way, they still thought it was warranted for interest rates to take, interest rates cuts, i should say, to take place later this year in the us, but they also urged caution and not to proceed too hastily when it comes to cutting interest rates across the board. that goes to the idea of divergence that other countries still have more of a way to go in the battle to tame prices. so that is why you are hearing this acknowledgement that we are not where we were a year ago but at the same time it saying that the battle is not yet won when it comes to high prices.
what did the imf have to say about how we are weathering that storm? the imf notes a lot of progress has been made from that very painful period, certainly for wealthier countries, in 2022, and slightly later in developing countries, and the words that keep cropping up our resilience but also divergence, resilience but also divergence, resilience if you look in the case of the us, the progress that has been made on inflation, the imf said was very impressive, and that despite recent bumps along...
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Apr 18, 2024
04/24
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the united states's largest shareholder in the imf but doesn't particularly care what the imf thinks about its policies, so they will go wanted to do whatever they can. obviously the presidential candidates and congressman are paying lip service to the idea of reducing the deficit, but will they really? that is going to be the issue. lisa: and how they do is going to be really key. tomorrow we get to have a continuation of these conversations, in particular having to do with trade. catherine is going to be joining us, and imf first debby managing director on joining us to talk about the myriad crosswinds. from new york, this is bloomberg. do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. jonathan: from usc, a very good morning. can density of pancakes in right now. >> everything you need to get set for the start of trading. this is bloomberg be open with jonathan ferro.
the united states's largest shareholder in the imf but doesn't particularly care what the imf thinks about its policies, so they will go wanted to do whatever they can. obviously the presidential candidates and congressman are paying lip service to the idea of reducing the deficit, but will they really? that is going to be the issue. lisa: and how they do is going to be really key. tomorrow we get to have a continuation of these conversations, in particular having to do with trade. catherine is...
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Apr 18, 2024
04/24
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the imf is the monitor _ the future. the imf is the monitor said _ the future. the imf is the monitor said hang - the future. the imf is the monitor said hang on, - the future. the imf is the - monitor said hang on, critical policy action is required for public finances to be sustainable.- public finances to be sustainable. . , , ., sustainable. that is under you. what they _ sustainable. that is under you. what they also _ sustainable. that is under you. what they also said _ sustainable. that is under you. what they also said publicly . sustainable. that is under you. what they also said publicly is| what they also said publicly is they recognise the pope on the steps we have ta ken to restore public finances and also the tax cuts we have done have been done without increasing borrowing in a way that is fiscally responsible and that is what we will continue to do. swetha ramachandran is a fund manager at artemis investment management hunt upbeat on soft landing, but imf says the uk must rein in the debt, lots of work still to do. exactly. yesterday's inflation
the imf is the monitor _ the future. the imf is the monitor said _ the future. the imf is the monitor said hang - the future. the imf is the monitor said hang on, - the future. the imf is the - monitor said hang on, critical policy action is required for public finances to be sustainable.- public finances to be sustainable. . , , ., sustainable. that is under you. what they _ sustainable. that is under you. what they also _ sustainable. that is under you. what they also said _ sustainable. that...
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Apr 16, 2024
04/24
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here's the imf�*s chief economist. the global economy continues to display remarkable resilience with growth holding steady and inflation declining. but many challenges still lie ahead. global growth was 3.2% in 2023 and is expected to remain at that level both in 2024 and 2025. this represents a 0.3 percentage point upgrade from our 0ctober projections for 2024, with stronger activity than expected in the us, china and other large emerging markets, but weaker activity in the euro area. 0ur correspondent michelle fleury is following this from new york. let's begin by talking about russia. the russian economy is predicted by the international monetary fund to grow this year at a rate higher than that of all g7 countries — and was a big jump from the imf�*s forecast injanuary — despite sanctions related to the war in ukraine. what's going on? that was one of the surprises in the report, the strength of the russian economy at a time when there are sanctions that were designed to hamper the economy but that does not
here's the imf�*s chief economist. the global economy continues to display remarkable resilience with growth holding steady and inflation declining. but many challenges still lie ahead. global growth was 3.2% in 2023 and is expected to remain at that level both in 2024 and 2025. this represents a 0.3 percentage point upgrade from our 0ctober projections for 2024, with stronger activity than expected in the us, china and other large emerging markets, but weaker activity in the euro area. 0ur...
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Apr 26, 2024
04/24
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will get an imf deal going.— the new government will get an imf deal going. hang on, used a owerful imf deal going. hang on, used a powerful work. _ imf deal going. hang on, used a powerful work, but _ imf deal going. hang on, used a powerful work, but now- imf deal going. hang on, used a powerful work, but now you - powerful work, but now you feeling ashamed i'm not talking particular of the council of ministers.— particular of the council of ministers. told them entire lebanon — ministers. told them entire lebanon government. - ministers. told them entire lebanon government. the | ministers. told them entire - lebanon government. the final decision is not with cabinet, it is with parliament. i understand.— it is with parliament. i understand. , ., ., understand. general thought that you. _ understand. general thought that you. i — understand. general thought that you, i sat _ understand. general thought that you, i sat at _ understand. general thought that you, i sat at the - understand. general thought that you, i sat at the very . that you, i sat
will get an imf deal going.— the new government will get an imf deal going. hang on, used a owerful imf deal going. hang on, used a powerful work. _ imf deal going. hang on, used a powerful work, but _ imf deal going. hang on, used a powerful work, but now- imf deal going. hang on, used a powerful work, but now you - powerful work, but now you feeling ashamed i'm not talking particular of the council of ministers.— particular of the council of ministers. told them entire lebanon —...
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Apr 29, 2024
04/24
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i the final bill for the imf? yes! .. . the final bill for the imf? yes! , the final bill for the imf? yes! ., , , . ., the final bill for the imf? yes! ,~ ., yes! i was very clear as a member— yes! i was very clear as a member of— yes! i was very clear as a member of the _ yes! i was very clear as a | member of the delegation yes! i was very clear as a - member of the delegation and minister of economy, i told the world bank and the imf that you guys know that this government, after two years, got to a point where due to the political tensions among all of the political parties, everybody is waiting for the big deal to get their best bite at the — or get their best bite at the — or get the best share of the deal. everybody is refusing to make a serious decision to have a president, is refusing to make a serious decision to fix the economy, and that's shameful. i was not very happy and proud to be sitting in front of the imf, telling them that realistically, only a new government will get an imf deal going. this is the truth, stephen. going. this i
i the final bill for the imf? yes! .. . the final bill for the imf? yes! , the final bill for the imf? yes! ., , , . ., the final bill for the imf? yes! ,~ ., yes! i was very clear as a member— yes! i was very clear as a member of— yes! i was very clear as a member of the _ yes! i was very clear as a | member of the delegation yes! i was very clear as a - member of the delegation and minister of economy, i told the world bank and the imf that you guys know that this government, after two...
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Apr 4, 2024
04/24
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i look at the imf. i see two equally important tasks. one, make sure we have the financial capacity to operate, support the next leaders, the next year these would be vulnerable, middle income countries and low income countries. we have to have the strength for them. later i can come to how we build this strength. two, make sure we bring our membership together. despite all the difficulties in cooperation, we work towards consensus on those issues on which the future of our children and grandchildren depend. >> i think that is great. let's zoom in on what you just said and focus a bit on the imf. one part is financing, the other is bringing people together. of course financing is accompanied with a set of policies that help countries do better when their own forces. on financing -- there is a persistent question people raise and i think it is good to get your response. you have a big balance sheet and you can strengthen it, we can talk about how it could be strengthened. when you look at the flows from the imf to emerging markets, develo
i look at the imf. i see two equally important tasks. one, make sure we have the financial capacity to operate, support the next leaders, the next year these would be vulnerable, middle income countries and low income countries. we have to have the strength for them. later i can come to how we build this strength. two, make sure we bring our membership together. despite all the difficulties in cooperation, we work towards consensus on those issues on which the future of our children and...
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Apr 18, 2024
04/24
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the imf warns the uk it's borrowing too much. but chancellor of the exchequer jeremy hunt tells the bbc the uk economy is in good shape. the imf are saying this week that over the next six years we will grow faster than any major european economy and faster than japan. welcome to world business report. we start in washington dc where boeing has been facing more questions about its safety culture and manufacturing quality as three whistleblowers gave evidence to congress as part of its investigation into the aviation giant. boeing engineer sam salehpour — a company veteran of 17 years — told a senate hearing that he was harassed and threatened after he raised concerns about the safety of the firm's planes. and former engineer ed pierson accused the aircraft giant of a cover—up after a door panel blew out of a 737 max 9 jet, shortly after take—off. michelle fleury was watching the hearings. this was damaging testimony for the plane maker boeing. engineer turned whistle—blower sam salehpour claimed boeing used short cuts t
the imf warns the uk it's borrowing too much. but chancellor of the exchequer jeremy hunt tells the bbc the uk economy is in good shape. the imf are saying this week that over the next six years we will grow faster than any major european economy and faster than japan. welcome to world business report. we start in washington dc where boeing has been facing more questions about its safety culture and manufacturing quality as three whistleblowers gave evidence to congress as part of its...
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Apr 19, 2024
04/24
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all of the bretton woods institutions, the imf imf, the world bank this is their week. in all of the conversations today, what you hear in those conversations is the question of how do these institutions evolve to meet the challenges we are facing today. with respect to the wto, that is true. we as the united states are very very proud of our record with respect to challenging chinese practices at the wto. what we have found over time is that each one of those cases that we bring, each victory that we score ends up being a limited victory. ends up being limited change. what we are doing in terms of the challenge with the chinese economic system, it is structural. it is systemic. that is why we are bringing more strategy. we are bringing more creativity to look for a more effective way to level the playing field, working with other like-minded economies and also, working to raise these concerns inside of the wto. anne-marie: it is funny you bring up republicans and their talking points. what we see is that whether or not we get another biden administration or trump back
all of the bretton woods institutions, the imf imf, the world bank this is their week. in all of the conversations today, what you hear in those conversations is the question of how do these institutions evolve to meet the challenges we are facing today. with respect to the wto, that is true. we as the united states are very very proud of our record with respect to challenging chinese practices at the wto. what we have found over time is that each one of those cases that we bring, each victory...
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Apr 17, 2024
04/24
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that's up 60 basis points from the imf's january forecast. karen asked the first managing deputy director about the hot economy and what that means, if the imf needs to roll back its expectations for three fed cuts this year. >> the u.s. economy firstly is doing really well in terms of the growth numbers. it has exceeded even the most optimistic expectations. and along with that we've certainly seen inflation, somewhat stronger than expected. that said, we've been saying this is going to be a bumpy road. the last mile is going to be bumpy, and we are seeing bumps along the way. given the strength of the u.s. economy, it makes sense to take a prudent approach, which is to wait and see, make sure that the inflation numbers really are dutifully moving toward the 2% target. there is absolutely a reason to wait now and wait for more data to come before starting an easing cycle. >> karen also spoke with the economic counselor and director of the imf's research department. he sounded very confident that the new growth forecast was accurate. >> we ha
that's up 60 basis points from the imf's january forecast. karen asked the first managing deputy director about the hot economy and what that means, if the imf needs to roll back its expectations for three fed cuts this year. >> the u.s. economy firstly is doing really well in terms of the growth numbers. it has exceeded even the most optimistic expectations. and along with that we've certainly seen inflation, somewhat stronger than expected. that said, we've been saying this is going to...
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Apr 15, 2024
04/24
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what you think the head the imf's comments l the head the imf's comments this will be a decade of sluggish growth, very disappointing decade, the tepid 20s, we are only in 2024, your thoughts?— thoughts? there was a lot of discussion — thoughts? there was a lot of discussion in _ thoughts? there was a lot of discussion in her _ thoughts? there was a lot of discussion in her speech - thoughts? there was a lot of i discussion in her speech about the productivity slowdown, there is not much new there we have known about that for a long time, what is probably more of an issue as the constraints on economic policy. the capacity for central banks to boost growth by cutting rates and expanding balance sheets, that is limited because of the inflation issue and governments have woken up after all this pandemic shock and the subsidies given to support people in the face of the cost of living crisis, governments have got much weaker balance sheets than before, they are spending a lot of money on interest rates. the prospect of money and fiscal support growth in the next five years in the way they
what you think the head the imf's comments l the head the imf's comments this will be a decade of sluggish growth, very disappointing decade, the tepid 20s, we are only in 2024, your thoughts?— thoughts? there was a lot of discussion — thoughts? there was a lot of discussion in _ thoughts? there was a lot of discussion in her _ thoughts? there was a lot of discussion in her speech - thoughts? there was a lot of i discussion in her speech about the productivity slowdown, there is not much...
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Apr 2, 2024
04/24
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i look at the imf. i see two equally important tasks. one, make sure we have the financial capacity to operate, support, the next year these would be vulnerable, middle income countries and low income countries. we have to have the strength for them. later i can come to how we build this strength. two, make sure we bring our membership together. despite all the difficulties in cooperation, we work towards consensus on those issues on which the future of our children and grandchildren depend. mr. ahmed: i think that is great. let's zoom in on what you just said and focus a bit on the imf. one part is financing, the other is bringing people together. of course financing is accompanied with a set of policies that help countries do better when their own forces. on financing -- there is a persistent question people raise and i think it is good to get your response. i have a big balance sheet and you can strengthen it, we can talk about how it could be strengthened. when you look at the flows from the imf to emerging markets, developing countr
i look at the imf. i see two equally important tasks. one, make sure we have the financial capacity to operate, support, the next year these would be vulnerable, middle income countries and low income countries. we have to have the strength for them. later i can come to how we build this strength. two, make sure we bring our membership together. despite all the difficulties in cooperation, we work towards consensus on those issues on which the future of our children and grandchildren depend....
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Apr 16, 2024
04/24
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the imf and the world bank. at that time the world was still reeling from the great depression, new countries were emerging from the shadosw of conolialism and that signalled a need for a new approach to monetary policy. the world bank was tasked with longer term development issues and the eradication of poverty. the imf on the broader macro economic themes, often intervening in some of our biggest world crises. so they are in some ways, two sides of the same coin. and maybe they are more relevent today than they were just a few years ago. today the two organisations came together for their annual spring meeting in washington, to take the pulse of the world economy and where it is headed. here's the imf�*s chief economist. the global economy continues to display remarkable resilience with growth holding steady and inflation declining. but many challenges still lie ahead. global growth was 3.2% in 2023 and is expected to remain at that level both in 2024 and 2025. this represents a 0.3 percentage point upgrade
the imf and the world bank. at that time the world was still reeling from the great depression, new countries were emerging from the shadosw of conolialism and that signalled a need for a new approach to monetary policy. the world bank was tasked with longer term development issues and the eradication of poverty. the imf on the broader macro economic themes, often intervening in some of our biggest world crises. so they are in some ways, two sides of the same coin. and maybe they are more...
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Apr 29, 2024
04/24
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a new government will get an imf deal going. this is the truth, stephen. hang on, you just used a powerful world. hang on, you just used a powerful word. right now, you are feeling ashamed of your own government? yes, i am ashamed, i am ashamed, and i'm not talking particularly about the council of ministers, i'm talking about the entire lebanese government, including our parliament. right. because the final decision of the law is not with the cabinet. it's with the parliament. crosstalk. i understand, you've made that point. here is a general thought for you. i said at the very beginning there were too many people inside lebanon who profit from the chaos in your country. would it not help if, at some point, actually, as a country, began to accept that accountability is important — and i'm thinking of your former long—serving governor of the central bank riad salameh, who faces a host of serious accusations, particularly in europe, of embezzlement to the tune of him and his family to the tune of $300 million and he was allow
a new government will get an imf deal going. this is the truth, stephen. hang on, you just used a powerful world. hang on, you just used a powerful word. right now, you are feeling ashamed of your own government? yes, i am ashamed, i am ashamed, and i'm not talking particularly about the council of ministers, i'm talking about the entire lebanese government, including our parliament. right. because the final decision of the law is not with the cabinet. it's with the parliament. crosstalk. i...
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Apr 8, 2024
04/24
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now to a new report from the imf. the imf his saying regulators should scrutinize the 1.7 trillion dollar private credit market more closely and they are highlighting possible risks from the lack of information and transparency and the fact it has not been tested at a downturn at such scale. far be a is deputy director at the monetary capital markets at the imf. you are part of what authored the report that urged regulators to be paying more attention. what is the chief concern? >> the concern is one of rapid growth should this is part of the trend going on for decades from public to private markets and there are benefits including borrowers as well as for investors. there are vulnerabilities and possible risk. we highlight one has to do with more risky borrowers. for liquidity mismatch between asset and liabilities. the mismatch is less of a concern in this fund. it is a growing size growing to retail. leverage is another liability. this is the point that could prolong the economic downturn. she and i will be curious
now to a new report from the imf. the imf his saying regulators should scrutinize the 1.7 trillion dollar private credit market more closely and they are highlighting possible risks from the lack of information and transparency and the fact it has not been tested at a downturn at such scale. far be a is deputy director at the monetary capital markets at the imf. you are part of what authored the report that urged regulators to be paying more attention. what is the chief concern? >> the...
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Apr 2, 2024
04/24
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we are waiting for more signals from the imf meeting. lizzy: just thinking about the u.s., we had interesting comments from the citadel founder who has been saying that it is a growing concern that cannot be overlooked, this issue of u.s. national debt, how real a possibility is u.s. debt crisis given the ripple effects for em as well? >> if we have a u.s. debt crisis, no one is immune. i would say em fundamentals are on the mend, i entered the year with a very bullish view on em credit. i wasn't bullish enough. the speed of this recovery, the speed and death has been quite profound. em triple c has rallied 22%. ysl, while we have improving financing channels, while we have improving debt fundamentals as well. the theme i keep talking about is the idea that em high-yield countries in particular, have access to alternative sources of financing. debt to gdp metrics are on the -- are on the decline for this year, and the higher debt because that a lot of the develop market nations have to lock in are being avoided in em because they have ac
we are waiting for more signals from the imf meeting. lizzy: just thinking about the u.s., we had interesting comments from the citadel founder who has been saying that it is a growing concern that cannot be overlooked, this issue of u.s. national debt, how real a possibility is u.s. debt crisis given the ripple effects for em as well? >> if we have a u.s. debt crisis, no one is immune. i would say em fundamentals are on the mend, i entered the year with a very bullish view on em credit....
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Apr 17, 2024
04/24
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in its annual report, the imf said growth would remain steady because propped up because of emerging economies like india but high inflation and weak demand in china and europe are major challenges. the bbc�*s economics editor has more from washington, dc. we have got new numbers from the imf, theirforecast for the world economy, and it shares a world economy that is more resilience and mainly driven by what is happening here in the us and in some emerging economies, such as india. there is a big black cloud over the world economy in terms of the economic consequences of what is happening in the middle east. actually, the impact in energy and oil markets has been far less than expected given what happened over the weekend, they really haven't been affected much not so much of the attention is what is happening at the world central bank, the ramped up interest rates over the past few years, trying to deal with the inflation shock, and it had been expected that we had turned a corner and that there be a fewer interest—free cuts from the us federal reserve and the bank of england. m
in its annual report, the imf said growth would remain steady because propped up because of emerging economies like india but high inflation and weak demand in china and europe are major challenges. the bbc�*s economics editor has more from washington, dc. we have got new numbers from the imf, theirforecast for the world economy, and it shares a world economy that is more resilience and mainly driven by what is happening here in the us and in some emerging economies, such as india. there is a...
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Apr 18, 2024
04/24
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a risk to the global economy, imf calling out u.s. one of 4 country that quote needs to critically take policy act to address fundamentally implant imbalance between fund and revenue, president biden signed over 7 trillion in spending to law, defset this fiscal year 1.5 trillion. they look at nation, and inflation, they say president biden is making this same mistakes at former democratic president. >> caused by that spending in washington dc . as they say everything that goes around comes around, so much of same mistake of carter administration. reporter: with growing federal debt, faculty director, put u.s. fiscal path into a time frame. >> fiscal policy in general is not sustainable, we estimate that the p we have 20 years before it comes crashes down. >> the death would co cause inflation spiral and government would pay money. then the bond yield would respond as higher rates. >> people say, that is for you know latin america a asia and zimbabwe, no, that is here too. reporter: in interview with local news outlet, president saying
a risk to the global economy, imf calling out u.s. one of 4 country that quote needs to critically take policy act to address fundamentally implant imbalance between fund and revenue, president biden signed over 7 trillion in spending to law, defset this fiscal year 1.5 trillion. they look at nation, and inflation, they say president biden is making this same mistakes at former democratic president. >> caused by that spending in washington dc . as they say everything that goes around...
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Apr 22, 2024
04/24
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are they going to live up to what the imf is improving? and will this unlock this next tranche of funds for ghana. more broadly within the region, the imf did paint a rosy picture, which is good considering the past three years. we heard from the imf africa director who talked about his expectation that there are going to be bright spots -- excuse me bright spots going forward for the region. especially if we think about the risks that are in play, including stronger dollar, and of course, we're seeing a lot of geopolitical risk. he still believes that long-term this could be good. they said the economic outlook for the region should nudge up to 3.8% this year, and 4% in 2025. the one criticism we did hear from the imf is specifically about nigeria, which is a big player in this region. >> when a country like nigeria, africa's most populous country with all of those development spending needs, we think it is problematic that relative gdp is only 9%. >> that was a bit of what he was talking about with nigeria. on the long-term, he believes
are they going to live up to what the imf is improving? and will this unlock this next tranche of funds for ghana. more broadly within the region, the imf did paint a rosy picture, which is good considering the past three years. we heard from the imf africa director who talked about his expectation that there are going to be bright spots -- excuse me bright spots going forward for the region. especially if we think about the risks that are in play, including stronger dollar, and of course,...
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Apr 17, 2024
04/24
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reconsidering pessimistic views on the russian economy has become a good tradition for the imf. so, instead of 2.6% in january, it is now 3.2 - this is the forecast for the current year for 2025 instead of 1.1, almost 2%. the fund cites a number of factors as reasons, including significant corporate investment and strong domestic demand. firstly, the volume of oil exports remains at the same level, and secondly, we are seeing a significant strengthening of corporate investment, including from state-owned enterprises. third, we are also seeing a significant strengthening of private consumption, which is supporting economic growth. and last but not least what is important is the impact of government spending. russian analysts note that the imf forgot to indicate another reason for the growth: sanctions, which... the west led against us, the restrictions that the west imposed on our capital, on our financial sector forced us to rebuild industry, that is , the main factor of high economic growth in russia is the manufacturing industry, that is, those times when we were assigned the
reconsidering pessimistic views on the russian economy has become a good tradition for the imf. so, instead of 2.6% in january, it is now 3.2 - this is the forecast for the current year for 2025 instead of 1.1, almost 2%. the fund cites a number of factors as reasons, including significant corporate investment and strong domestic demand. firstly, the volume of oil exports remains at the same level, and secondly, we are seeing a significant strengthening of corporate investment, including from...
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Apr 18, 2024
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the imf pointed out that the u.s. is one of four countries that need to talk policy action against fundamental. united states, united kingdom. italy all with thatries. he signed 7 trillion into spending into law. deficit to $1.5 trillion. they look at inflation and nation, that president biden is making the same mistakes as a former democratic president. >> caused by profligate spending in washington, d.c. they say everything goes around and comes around. i'm seeing so many same mistakes of the carter administration. >> reporter: with the growing federal debt the faculty member of penn wharton model put the fiscal path into a time frame. >> fiscal policy in general is not sustainable right now. in particular we estimate that the penn wharton budget model we really under most optimistic circumstances have 20 years before everything kind of comes crashing down. >> reporter: he says the debt would cause and inflation spiral. the government would print money to pay for the federal debt. the federal reserve would have to a
the imf pointed out that the u.s. is one of four countries that need to talk policy action against fundamental. united states, united kingdom. italy all with thatries. he signed 7 trillion into spending into law. deficit to $1.5 trillion. they look at inflation and nation, that president biden is making the same mistakes as a former democratic president. >> caused by profligate spending in washington, d.c. they say everything goes around and comes around. i'm seeing so many same mistakes...
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Apr 17, 2024
04/24
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request it is nice of him to drop in while in town from the imf. he says rate cuts later this year will lift voters moves. that confirms our expectation. his working assumption that we will not have the general election until the autumn. it is more interesting in the context of what we heard, saying the u.k. could cut interest rates before the u.s.. does that mean the general election could come sooner in the u.k. as well? they are expecting the u.k. inflation is going to average 2.5% this year. lower than the u.s., in line with other european countries. the flipside of that is weak growth. lower than germany. what did you say about bailey yesterday? that is the change. there was really interesting yesterday. talk to us about what to expect from inflation. >> underscoring that divergence between the u.k. and the u.s. inflation pictures. even if services stay sticky in this data, it is looking like the u.k. is finding it easier to go to the 2% target. you did see traders pairing their bets after that patrick of uscp i prince is interesting. the infe
request it is nice of him to drop in while in town from the imf. he says rate cuts later this year will lift voters moves. that confirms our expectation. his working assumption that we will not have the general election until the autumn. it is more interesting in the context of what we heard, saying the u.k. could cut interest rates before the u.s.. does that mean the general election could come sooner in the u.k. as well? they are expecting the u.k. inflation is going to average 2.5% this...
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Apr 22, 2024
04/24
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interest rates and the imf spring meetings. >> this is a risk we worry about. if there is a serious as collation, which means a much wider regional escalation, then we could have a severe oil shock. we are not there yet. and in terms of oil prices, it went up some but has come back down. we have supply excess capacity in saudi arabia. we have non-opec countries putting more oil on the market. there are other supply sources that can buffer the shocks. if there is a large scale escalation in the middle east, that can be a problem. >> is 100 dollars a barrel consistent with a shock? >> going from here to $100 a barrel will be difficult for countries dealing with the last inflation fight. >> the imf has talked about sovereign debt particularly in the u.s. and the overhang there. what is the outcome of that? is the fear of sluggish growth because the overhang? is it over -- is it higher rates? is there something like that that could happen? >> the u.s. is running large deficits for a country where demand is strong and there is still the last mile in terms of bringin
interest rates and the imf spring meetings. >> this is a risk we worry about. if there is a serious as collation, which means a much wider regional escalation, then we could have a severe oil shock. we are not there yet. and in terms of oil prices, it went up some but has come back down. we have supply excess capacity in saudi arabia. we have non-opec countries putting more oil on the market. there are other supply sources that can buffer the shocks. if there is a large scale escalation...
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Apr 6, 2024
04/24
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the imf expects that at the spring session with the leadership of the world bank, which will be held in mid-april, the issue of providing budget assistance to ukraine will be raised, including during meetings at the level of finance ministers. now works a four-year lending program for ukraine in the amount of $15 billion 600 million. kiev has currently received less than a third of this amount. it is known that by the end of this year ukraine will have to pay the imf almost $3 billion for servicing loans, but with this. kiev has great difficulties, they find themselves in a very serious financial trap, yes, since today the external public debt is $145 billion, in fact, if we look at another important parameter by which we can evaluate the state of the ukrainian economy - this is the budget deficit, the budget deficit in hryvnia is 221 billion, and this comes out to somewhere around 5.6 billion dollars. that is , they have a very serious hole in the budget. for the twenty-fourth year, ukraine has a planned budget deficit of almost 44 billion. the authorities expect to cover most of it
the imf expects that at the spring session with the leadership of the world bank, which will be held in mid-april, the issue of providing budget assistance to ukraine will be raised, including during meetings at the level of finance ministers. now works a four-year lending program for ukraine in the amount of $15 billion 600 million. kiev has currently received less than a third of this amount. it is known that by the end of this year ukraine will have to pay the imf almost $3 billion for...
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Apr 5, 2024
04/24
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the imf expects that at the spring session with the leadership of the world bank, which will be held in mid-april, the issue of assistance will be raised. has so far received less than a third of that amount. it is known that by the end of this year ukraine will have to pay the imf almost $3 billion for servicing loans, but kiev has great difficulties with this. they found themselves in a very serious financial trap, yes, since today the external public debt amounts to 140.5 billion dollars. actually, if we look at one more important parameter. which can assess the state of the ukrainian economy is the budget deficit, the budget deficit in hryvnia is 221 billion, and this turns out to be somewhere around 5.6 billion dollars, that is, they have a very a serious hole in the budget. for the twenty -fourth year, ukraine has a planned budget deficit of almost 44 billion. the authorities expect to cover most of it with western assistance. the head of the country's ministry of finance, sergei marchenko, stated that the budget needs $3 billion in monthly receipts from partners, but in januar
the imf expects that at the spring session with the leadership of the world bank, which will be held in mid-april, the issue of assistance will be raised. has so far received less than a third of that amount. it is known that by the end of this year ukraine will have to pay the imf almost $3 billion for servicing loans, but kiev has great difficulties with this. they found themselves in a very serious financial trap, yes, since today the external public debt amounts to 140.5 billion dollars....
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Apr 5, 2024
04/24
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the imf does not intend to forgive the $15 billion loan, at least not until 2024 . an official representative of the fund said this, answering a question from journalists. there are no plans to write off the debt. ukraine's debt was recognized as sustainable subject to a number of conditions. do not concern fiscal consolidation and continuation of external financing, taking into account the restructuring of the debt itself. the imf expects that at the spring session with the leadership of the world bank, which will be held in mid-april, the issue of providing budget assistance to ukraine will be raised, including during meetings at the level of finance ministers. currently there is a four-year lending program for ukraine in the amount of $15 billion 600 million. kiev has currently received less than a third of this amount. it is known that ukraine. by the end of this year will have to pay the imf almost 3 billion dollars for servicing loans, but kiev has great difficulties with this. they are in a very serious financial trap, yes, since today the national debt appea
the imf does not intend to forgive the $15 billion loan, at least not until 2024 . an official representative of the fund said this, answering a question from journalists. there are no plans to write off the debt. ukraine's debt was recognized as sustainable subject to a number of conditions. do not concern fiscal consolidation and continuation of external financing, taking into account the restructuring of the debt itself. the imf expects that at the spring session with the leadership of the...
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Apr 30, 2024
04/24
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the imf says it has approved funding for pakistan. it is the final financing funding for pakistan. it is the finalfinancing under an final financing under an agreement made finalfinancing under an agreement made last year which help the southeast asian country avoid a sovereign default. over the weekend the pakistan prime minister discussed the possibility of further funding with the imf director on the sidelines of the world economic forum. china has taken big stakes in mines across the world extracting minerals vital to the green economy. according to the un, if the world is to reach net—zero by 2050, the use of critical minerals such as cobalt must increase six—fold by 2040. but some locals, like those living neara mine in the democratic republic of congo, say the mining is disrupting their lives. wanqing zhang reports. every week, evacuations take place in the villages near a chinese—owned open pit copper mine on the outskirts. on the outskirts of the democratic republic of the congo's second largest city. christoph lives 500 metres from the mine and he is leading local o
the imf says it has approved funding for pakistan. it is the final financing funding for pakistan. it is the finalfinancing under an final financing under an agreement made finalfinancing under an agreement made last year which help the southeast asian country avoid a sovereign default. over the weekend the pakistan prime minister discussed the possibility of further funding with the imf director on the sidelines of the world economic forum. china has taken big stakes in mines across the world...
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Apr 17, 2024
04/24
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imf is just around the corner. once again raised the forecast for russian gdp growth for the twenty -fourth to twenty-fifth years, according to the fund’s experts, this year the russian the economy will grow 3.2%, more than half a percentage point higher than the previous forecast. the estimate for 2025 has risen even further to 1%8. the figures turned out to be so impressive that they were even asked to comment on them at an imf press conference. there were four factors noted, oil rose to an eleven-month high in the second week of april, bloomberg notes. the figure was almost 4 million barrels per day. the gross value of crude oil exports exceeded $2,100 million as of april 14, up from a week earlier. 300 million less. i would like to note that the backlog in supplies of the sokol variety, which accumulated after a pause in orders from indian refineries, has now almost been eliminated. china bought over 9 million barrels, and more. purchased by india, two shipments were delivered to pakistan. all this, bloomberg states, casts doubt on the statement of the us authorities that the ne
imf is just around the corner. once again raised the forecast for russian gdp growth for the twenty -fourth to twenty-fifth years, according to the fund’s experts, this year the russian the economy will grow 3.2%, more than half a percentage point higher than the previous forecast. the estimate for 2025 has risen even further to 1%8. the figures turned out to be so impressive that they were even asked to comment on them at an imf press conference. there were four factors noted, oil rose to an...
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Apr 17, 2024
04/24
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reconsidering pessimistic views on the russian economy has become a good tradition for the imf. so, instead of 2.6% in january, it is now 3.2 - this is the forecast for the current year, for 2025 instead of 1.1 almost 2%. the fund cites a number of factors as reasons, including significant corporate investment and strong domestic demand. firstly, the volume of oil exports remains at the same level. secondly, we are seeing significant corporate strengthening. investments, including including from state-owned enterprises, thirdly, we are also seeing a significant strengthening of private consumption, which supports economic growth, last but not least is... in those days when we were assigned the role of the periphery of the global economy, such an appendage as they thought it was over, last year we had two sectors dragging the economy along with them, this is the construction sector, we once again achieved very high indicators there, a record 104 million square meters, water housing, of course the second sector is manufacturing industrially. which, firstly, carried out military or
reconsidering pessimistic views on the russian economy has become a good tradition for the imf. so, instead of 2.6% in january, it is now 3.2 - this is the forecast for the current year, for 2025 instead of 1.1 almost 2%. the fund cites a number of factors as reasons, including significant corporate investment and strong domestic demand. firstly, the volume of oil exports remains at the same level. secondly, we are seeing significant corporate strengthening. investments, including including...
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Apr 16, 2024
04/24
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here's the imf�*s chief economist, pierre—0livier gourinchas: global economy is growing at 3.2% in 2024 expect 3.2% in 2025 and this is a reasonable number enough to supercharge number and 3.8 would like to get back there and it's not bad and the other good news is inflation is coming down and we are seeing inflation come down into thousand 24 and 2025 so, we are gradually coming back to inflation and putting that surgeon inflation behind us. two pieces of good news and there's a third one which is in most places in the world, somewhat less scoring from the crisis of the last four years, the pandemic and the cost of living crisis into the global economy and through its pre—pandemic trend and below that, we see a number of regions catching up we see a number of regions catching up and closing that gap in most regions with one blemish, low income and developing countries and for them, is still tough out there. our business correspondent marc ashdownjoins me now, what should we make of the international monetary fund's take on the global economy — and how is the uk doing in comparison?
here's the imf�*s chief economist, pierre—0livier gourinchas: global economy is growing at 3.2% in 2024 expect 3.2% in 2025 and this is a reasonable number enough to supercharge number and 3.8 would like to get back there and it's not bad and the other good news is inflation is coming down and we are seeing inflation come down into thousand 24 and 2025 so, we are gradually coming back to inflation and putting that surgeon inflation behind us. two pieces of good news and there's a third one...
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Apr 19, 2024
04/24
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many of those in washington from the -- for the imf spring meeting. they are concerned but also what are the parameters they have to act in. we just had some numbers coming out in the last half an hour that showed a general trend of cooling a little weaker than what economists had been predicting. still tokyo inflation is another one to watch and that is coming up in a week. equities, the picture today. we are under pressure so far. really a lot for investors to be tracking today given the hawkish fed speak and the stronger u.s. eco-data up. let's look at korea coming online to start the day. it is that pitch of weakness. the kospi down 1.2%. netflix, you can see in after hours dropping 5%. it is that concern around the weaker forecast for the current quarter. they will be stopping the report subscription fees and that is spooking investors somewhat. korean won seeing weakness against the greenback. korean currency officials have been in washington and they are seeking stable fx at this point in time. haidi: take a look at how we are setting up here i
many of those in washington from the -- for the imf spring meeting. they are concerned but also what are the parameters they have to act in. we just had some numbers coming out in the last half an hour that showed a general trend of cooling a little weaker than what economists had been predicting. still tokyo inflation is another one to watch and that is coming up in a week. equities, the picture today. we are under pressure so far. really a lot for investors to be tracking today given the...
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Apr 17, 2024
04/24
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and now economic news, konstantin the imf has raised its forecast for russian gdp growth, tell us how it is assessed in our country? yes, tatya! the ministry of development says that the figures are underestimated. so, mineco believes that the new estimate of russia’s gdp in 2025, presented by the international monetary fund , looks too pessimistic, despite her next promotion. as the head of the department of macroeconomic analysis and forecasting, lev denisov, said, the ministry may significantly revise its own forecast upward, but he has not yet given specific figures. the day before, the imf once again raised its forecast for russia's gdp growth. for the twenty-fourth, twenty-fifth years, according to the fund's experts, this year the russian economy will grow by 3.2%, which is more than half a percentage point higher than the latest forecast. the estimate for the twenty-fifth year increased even more to percent and 8. the figures turned out to be so impressive that they were even asked to comment on them at an imf press conference. they noted four factors that lie behind the sta
and now economic news, konstantin the imf has raised its forecast for russian gdp growth, tell us how it is assessed in our country? yes, tatya! the ministry of development says that the figures are underestimated. so, mineco believes that the new estimate of russia’s gdp in 2025, presented by the international monetary fund , looks too pessimistic, despite her next promotion. as the head of the department of macroeconomic analysis and forecasting, lev denisov, said, the ministry may...
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Apr 19, 2024
04/24
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. >>> top ecb policymakers converge on june telling cnbc at imf meetings it would take a lot to derail those amoves. >> we are now confident enough >> we really need bad news to cut. >> i'm focused on june. >>> worth it l'oreal trading near the top of the stoxx 600 after beating first quarter expectations >>> and netflix slips in extended trade despite beating on the top and bottom line as the streamer said it will stop reporting subscriber numbers next year. >>> we start the show with the developing story israel carried out a limited strike against riran overnight iranian state tv reported three drones shot down in the sky. so far, no damage is being reported in isfahan. our dan murphy is in dubai with this story >> reporter: frank, good morning. the information is fluid this situation will not mark the start of the upcycle or a wider re regional conflict. we heard there is no damage to the iran nuclear facilities as well as the iran oil structures are not targeted there have been no reports of major damage or critically any casualties rather, this israeli strike is out out outside is
. >>> top ecb policymakers converge on june telling cnbc at imf meetings it would take a lot to derail those amoves. >> we are now confident enough >> we really need bad news to cut. >> i'm focused on june. >>> worth it l'oreal trading near the top of the stoxx 600 after beating first quarter expectations >>> and netflix slips in extended trade despite beating on the top and bottom line as the streamer said it will stop reporting subscriber numbers...
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Apr 29, 2024
04/24
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haslinda: it is also about the imf program, a decision is expected later today. what are we expecting? >> that key decision as well, so what we have seen in the past month is more people have gone from a cut to a decision, and one of the reasons is the imf, because analysts say that the imf likes to keep rates more tight, and pakistan will not make a decision that would possibly impact their negotiations. there are two programs are being discussed right now. the imf board is expected to approve the relief of a $1.1 billion loan later today, and there is another new program, discussions going on. the prime minister just today and discussions for a new longer-term program, so pakistan will not do anything to hurt a program. haslinda: thank you so much for that, our pakistan bureau chief. let's take you back to markets where we are seeing a surge in terms of the gains in hong kong and china, property stocks driving tech also. i'm staying by 1.3% taking it's against to 20%. we are also keeping and plays powering gains helping to lift onshore indexes, it investors buy
haslinda: it is also about the imf program, a decision is expected later today. what are we expecting? >> that key decision as well, so what we have seen in the past month is more people have gone from a cut to a decision, and one of the reasons is the imf, because analysts say that the imf likes to keep rates more tight, and pakistan will not make a decision that would possibly impact their negotiations. there are two programs are being discussed right now. the imf board is expected to...
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Apr 19, 2024
04/24
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imf large tranches, they still don’t, well, they are always either spread out over time, yes, and they don’t happen in such a one-time manner throughout the year, well, first of all, we, as you said, will return to discussing this bill in the united states of america, but there 8 billion dollars are actually provided for budgetary assistance to ukraine, that is , the americans allocate 8 billion specifically for financing as a loan, as well as, of course, but also the imf. will provide a loan, the imf does not provide assistance either, this is a quasi-commercial organization. therefore, i think that part of the fifty-billion-dollar package, which was announced and, as it were, conditionally allocated to ukraine by the european union, it also contains part of the budget-replacing items, but by the way, the american law directly clearly, so to speak, stipulates in a phrase that these don't owe money. considering that other countries live with such a debt-to-gdp ratio, but those countries are developing, their economies are not destroyed, but still the situation with ukraine is differe
imf large tranches, they still don’t, well, they are always either spread out over time, yes, and they don’t happen in such a one-time manner throughout the year, well, first of all, we, as you said, will return to discussing this bill in the united states of america, but there 8 billion dollars are actually provided for budgetary assistance to ukraine, that is , the americans allocate 8 billion specifically for financing as a loan, as well as, of course, but also the imf. will provide a...
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Apr 11, 2024
04/24
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great to see you. >> kristalina georgieva, managing director of the imf. which now, you know, you turn to the imf, david, when everybody is starting to diverge on policies when currencies are going crazy. my takeaway, she says she thinks the fed will be ready by the end of the year, but is in no hur for cutting rates which would alleviate the stresses out there. >> is she better than any other economist? >> she has a more global view. the imf does a lot of good research. >> let's go back out to carl out west with a look at what's coming up. carl? >> david, from that macro discussion to trends we're seeing on the ground in cities like denver and boulder that explain some of the economic data we've been getting lately. we'll talk about that when "squawk on the street" continues live this morning from boulder. >>> want to feel good, sort of feel the outdoors, take a look at carl quintanilla out west as he gets ready to debut the latest installment of "cities of success". >> hard to compete with the backdrop here, but the high-tech boom happening here in bould
great to see you. >> kristalina georgieva, managing director of the imf. which now, you know, you turn to the imf, david, when everybody is starting to diverge on policies when currencies are going crazy. my takeaway, she says she thinks the fed will be ready by the end of the year, but is in no hur for cutting rates which would alleviate the stresses out there. >> is she better than any other economist? >> she has a more global view. the imf does a lot of good research....
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Apr 19, 2024
04/24
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, yes, the imf statement, russia will grow faster than all developed countries, well, i want to remind you that belarus’ gdp in the first quarter increased by 4.1%. they planned, in my opinion, 3.8, yes, the best, that is, we outdid them, yes, the best response to sanctions, and also, you know, regarding sanctions, so that we would calm down, sanctions. how this will all end, again this week we did not touch upon, there were several materials in the western press about the fact that it finally dawned on them that johnson and the united states of america had put a stop to the istanbul agreements, the americans were not happy with one one of the points, it turns out, is that the united states is a guarantor, one word, they could stop this bloodshed, but why, listen, the whole military-industrial complex, i think they are deliberate, now they will have all sorts of versions there. put forward, that is, they have a strategy, they use it, the strategy is simple, this is a proxy war, at the expense of someone to fight their enemies, and so that the main damage, especially if it is the deat
, yes, the imf statement, russia will grow faster than all developed countries, well, i want to remind you that belarus’ gdp in the first quarter increased by 4.1%. they planned, in my opinion, 3.8, yes, the best, that is, we outdid them, yes, the best response to sanctions, and also, you know, regarding sanctions, so that we would calm down, sanctions. how this will all end, again this week we did not touch upon, there were several materials in the western press about the fact that it...
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Apr 17, 2024
04/24
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annabelle: of course, currency concerns at the imf meetings. on the sidelines of those, we've got the read out from the finance chiefs of the u.s., japan, korea. what are the steps, what options are available to currency chiefs in japan and korea to arrest the slide? >> i think it's very difficult. after all, this is a u.s. led move. it's also risk aversion. we see risk appetite having deteriorated sharply because of a plethora of concerns and markets. whether risk rising commodity prices or the fact that the fed might not cut his much is expected. in reality, central banks in asia can intervene. we are already seeing significant intervention across the region. that's obscuring some of that dollar upside against asian currencies, why we are seeing more dollar upside against the g10 currencies. there's only a limited amount of ammunition you can throw at this move. the other option is interest rate hikes. we've just put out a highlight of bank indonesia now hiking rates. this all may prove them at it as the dollar continues to strengthen. even f
annabelle: of course, currency concerns at the imf meetings. on the sidelines of those, we've got the read out from the finance chiefs of the u.s., japan, korea. what are the steps, what options are available to currency chiefs in japan and korea to arrest the slide? >> i think it's very difficult. after all, this is a u.s. led move. it's also risk aversion. we see risk appetite having deteriorated sharply because of a plethora of concerns and markets. whether risk rising commodity prices...
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Apr 18, 2024
04/24
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the imf warns the uk it's borrowing too much. but chancellor of the exchequer jeremy hunt tells the bbc the uk economy is in good shape. the imf are saying this week that over the next six years we will grow faster than any major european economy and faster than japan. and shop till you drop. retail bosses gather in paris to plot the future of a $30 trillion industry. is ai the key to making us spend more money? welcome to the programme. we start in washington dc, where boeing has been facing more questions about its safety culture and manufacturing quality as three whistle—blowers gave evidence to congress as part of its investigation into the aviation giant. boeing engineer sam salehpour, a company veteran of 17 years, told a senate hearing that he was harassed
the imf warns the uk it's borrowing too much. but chancellor of the exchequer jeremy hunt tells the bbc the uk economy is in good shape. the imf are saying this week that over the next six years we will grow faster than any major european economy and faster than japan. and shop till you drop. retail bosses gather in paris to plot the future of a $30 trillion industry. is ai the key to making us spend more money? welcome to the programme. we start in washington dc, where boeing has been facing...
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Apr 17, 2024
04/24
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so the idea for example in the agreement of the imf. but would be more -- having a little bit more say in the conversation. i think that needs to be broadened. it's a much wider set of ministers if that is how we were to end up. it is to be able to have in the room enough inclusion that when you are writing the policy, the person is immediately there to say no. because what we have seen today as it's already in the agreement since 19205 we cannot change it. we are stuck with articles of agreement for which we were never correct. this is the fundamental problem. and so yes, you can walk and you can eat too but only within this line they draw. >> that is the tension we are facing today and unfortunately there's some more things outside then there are inside. >> you asked whether 1919 is eight relevance he was decrying the fact essentially the victor of world war i were drawing up all of these rules and essentially very punitive systems for people who did not have a seat at the table are going to live with the consequences of this and the
so the idea for example in the agreement of the imf. but would be more -- having a little bit more say in the conversation. i think that needs to be broadened. it's a much wider set of ministers if that is how we were to end up. it is to be able to have in the room enough inclusion that when you are writing the policy, the person is immediately there to say no. because what we have seen today as it's already in the agreement since 19205 we cannot change it. we are stuck with articles of...
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Apr 24, 2024
04/24
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an international mission of the imf arrived and was included in this work. getmantsevo, what is the task? and the general task is the following: do not save ukraine, we need to save biden, because there are elections ahead, if afghanistan repeats in ukraine, it is better for biden not to go to the polls, and these are not just elections, you understand, as a result of the victory of either biden or trump , a one-party system will be established system of power in america, trump will come, he will take control of the senate, biden will come, he will take control control of the lower house everything. therefore, the stakes are higher than life today, so the task is to find this money, the question is that there are two ways, this is either cutting expenses, this is 100%, increasing income, this is about shadow options for tax evasion, but he really knows how to block it, second, he just has a pathological hatred of small, medium-sized businesses, except for his mother’s business and some others, you know, like sharikov had such a pathological hatred of cats.
an international mission of the imf arrived and was included in this work. getmantsevo, what is the task? and the general task is the following: do not save ukraine, we need to save biden, because there are elections ahead, if afghanistan repeats in ukraine, it is better for biden not to go to the polls, and these are not just elections, you understand, as a result of the victory of either biden or trump , a one-party system will be established system of power in america, trump will come, he...
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Apr 17, 2024
04/24
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, the imf, that it did, it thought, that the russian economy will grow by 2.4% this year. the imf thought and said, no, 2.4%, this is not enough, it will grow by 3.6, but in germany they thought that it would grow by half a percent, but it will grow. by 0.2, that is, 3.6 and 2 is different, let me remind you, by 18 times, that is, somehow in general - the question is who imposed sanctions against whom, who is in international isolation, who has the economy? should be torn to pieces and so on and so forth, by the way, the entire eurozone will quickly gain about half a percent, which was promised, despite the fact that it was 0.9, but officially now in general, if already calculate the hamburg account, there are already two quarters of recession in germany and the second quarter is now in the uk, this is the result of when they are at war with us, i think that the result is, in principle, wonderful, indeed, these yesterday’s figures puzzled many who provided ... in the international monetary fund, which we do not trust, unfortunately, we are still part of it, unfortunately
, the imf, that it did, it thought, that the russian economy will grow by 2.4% this year. the imf thought and said, no, 2.4%, this is not enough, it will grow by 3.6, but in germany they thought that it would grow by half a percent, but it will grow. by 0.2, that is, 3.6 and 2 is different, let me remind you, by 18 times, that is, somehow in general - the question is who imposed sanctions against whom, who is in international isolation, who has the economy? should be torn to pieces and so on...
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Apr 23, 2024
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hold your breath for a moment outside of earth day, a person story on bright bart imf -- breitbart, imf official, joe biden's open border is hurting americans' wages, this is the imf, they have a million economists there. sometimes they are right, sometimes they are wrong. this is a very establishment operation, they are saying what a lot of people are saying, that the open borders have damaged real wages, taken jobs away from plate of-born americans. >> i love this, decade we were told, no immigrants are not competing with natives for wages, but now we have an inflation problem, they say immigrants will solve an inflation problem that is wrong. i don't believe it because americans are living too well, it is because the government is living too well. i stole that quote from ronald reagan it is still true today, not because wages are too high or workers are getting paid too much but joe biden running deficits at world war ii level deficits financial crisis level, when we're not in a crisis, we have very little unemployment today, we should not be running those deficits, when they say yes
hold your breath for a moment outside of earth day, a person story on bright bart imf -- breitbart, imf official, joe biden's open border is hurting americans' wages, this is the imf, they have a million economists there. sometimes they are right, sometimes they are wrong. this is a very establishment operation, they are saying what a lot of people are saying, that the open borders have damaged real wages, taken jobs away from plate of-born americans. >> i love this, decade we were told,...