IMF (International Monetary Fund)

IMF must do more to support poorer nations as Covid-19 impacts EM debt

IMF must do more to support poorer nations as Covid-19 impacts EM debt

Wednesday 11 August 2021 – Vol.12 Ed.32.3

Commentary: IMF shifts approach to low income countries and special drawing rights

By Mark Sobel in Washington

Before its summer recess, the IMF board tackled two key operational issues – future concessional support for low income countries and ‘channelling’ special drawing rights. By initial appearances, the Fund is moving boldly forward, but the fanfare exceeds reality, with more grant...

https://allaboutshipping.co.uk/2021/08/11/imf-must-do-more-to-support-poorer-nations-as-covid-19-impacts-em-debt/

Tackling climate change through policy in Norway and Asia Pacific

Tackling climate change through policy in Norway and Asia Pacific

Wednesday 4 August 2021 – Vol.12 Ed.31.3

Commentary: Norway’s GPFG should join the Net Zero Asset Owner Alliance

By Håvard Halland and others

Economists and experts from around the world have signed their names to a statement calling for the world’s biggest sovereign fund to join the United Nations-convened Net Zero Asset Owner Alliance. Ahead of COP26 in November, this statement sets out policy recommendations for the...

https://allaboutshipping.co.uk/2021/08/04/tackling-climate-change-through-policy-in-norway-and-asia-pacific/

GLOBAL & REGIONAL DAILY (Friday, 2 July 2021)

GLOBAL & REGIONAL DAILY (Friday, 2 July 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

July 2  2021

Global Markets

The USD extended recent gains against all other major G10 currencies ahead of today’s US June non-farm payrolls report which is likely to shed some light on the Fed’s monetary policy deliberations, with the DXY index moving above 92.60 for the first time since early April.

Greece

According to IHS Markit, the headline manufacturing PMI recorded the 4th consecutive monthly expansion in June,...

https://allaboutshipping.co.uk/2021/07/02/global-regional-daily-friday-2-july-2021/

GLOBAL & REGIONAL DAILY (Tuesday 25 May, 2021)

GLOBAL & REGIONAL DAILY (Tuesday 25 May, 2021)

GLOBAL & REGIONAL DAILY

HIGHLIGHTS

May  25 2021

Global Markets

Risk-on sentiment prevailed earlier today and 10-yr UST yields moved lower on somewhat allayed inflation concerns. Against this background, the USD was broadly weaker, with the EUR/USD hitting a four-month peak of 1.2261 earlier today.

Greece

The 10-yr GGB yield remained in a downward trend earlier today for the fourth consecutive session, hovering around 0.95% at the time of writing, the...

https://allaboutshipping.co.uk/2021/05/25/global-regional-daily-tuesday-25-may-2021/

Chinese debt transparency and new OMFIF survey in sustainability reporting

Chinese debt transparency and new OMFIF survey in sustainability reporting

Wednesday 12 May 2021 – Vol.12 Ed.19.3

Commentary: Should China change its narrative on debt transparency?

By Clive Horwood in London

Zhongxia Jin, executive director for China at the International Monetary Fund, staunchly defended China’s state-linked lending to lower-income countries during an OMFIF fireside chat on 10 May, insisting that the same rules must be applied to its lenders as those from other countries. His...

https://allaboutshipping.co.uk/2021/05/12/chinese-debt-transparency-and-new-omfif-survey-in-sustainability-reporting/

Bridging climate data gaps in Asia Pacific and beyond

Bridging climate data gaps in Asia Pacific and beyond

Friday 7 May 2021 – Vol.12 Ed.18.4

Commentary: Asia Pacific working to narrow ESG gaps

By Dael Wilson in Singapore

Globally there is a lack of environmental, social and governance data and wide variance in the level of coverage. Regional ESG disclosure frameworks in Asia Pacific are not as well-established as those in the European Union and the US. While this is improving, it will take a few years to develop the datasets required for quality ESG...

https://allaboutshipping.co.uk/2021/05/07/bridging-climate-data-gaps-in-asia-pacific-and-beyond/

Swiss expect digital corporate bonds before year’s end, Time to reform the prudential carve-out, and more

Swiss expect digital corporate bonds before year’s end, Time to reform the prudential carve-out, and more

THE WEEKEND REVIEW  – OMFIF

Latest opinion and analysis from OMFIF around the world

26-30 April 2021, Vol.12 Ed.17

Most-Read Commentary

Swiss expect digital corporate bonds before year’s end: Tim Grant, head of business at SIX Digital Exchange, is a strong believer in the potential of distributed ledger technology to transform financial services. Alongside Thomas Moser, alternate member of the...

https://allaboutshipping.co.uk/2021/05/01/swiss-expect-digital-corporate-bonds-before-years-end-time-to-reform-the-prudential-carve-out-and-more/

IMF/World Bank spring meetings advance co-operation, Reducing reserves and central bank balance sheets

IMF/World Bank spring meetings advance co-operation, Reducing reserves and central bank balance sheets

Monday 19 April 2021 – Vol.12 Ed.16.1

Commentary: IMF/World Bank spring meetings advance co-operation

By Mark Sobel in Washington

The 2021 spring meetings hosted by the World Bank and the International Monetary Fund produced modestly positive outcomes. Treasury Secretary Janet Yellen and President Joe Biden’s administration underscored that the US is once more committed to advancing a...

https://allaboutshipping.co.uk/2021/04/19/imf-world-bank-spring-meetings-advance-co-operation-reducing-reserves-and-central-bank-balance-sheets/

Quarterly review: Don’t overplay the dollar’s decline in 2021, SDR proposals could help reset international monetary system, and more

Quarterly review: Don’t overplay the dollar’s decline in 2021, SDR proposals could help reset international monetary system, and more

THE QUARTERLY REVIEW – OMFIF 

OMFIF’s most read opinion and analysis from the start of the year

1 January-31 March 2021, Vol.12 Ed.2

Expect some weakness, but no crash

Don’t overplay the dollar’s decline in 2021: Many observers are converging towards a highly downbeat 2021 outlook for the dollar. This view is at times associated with a surging risk appetite, the end...

https://allaboutshipping.co.uk/2021/04/05/quarterly-review-dont-overplay-the-dollars-decline-in-2021-sdr-proposals-could-help-reset-international-monetary-system-and-more/

SDR proposals could help reset international monetary system, The IMF’s World Economic Outlook Update

SDR proposals could help reset international monetary system, The IMF’s World Economic Outlook Update

Wednesday 24 March 2021 – Vol.12 Ed.12.3

Commentary: SDR proposals could help reset international monetary system

By Willem Middelkoop and David Marsh

The International Monetary Fund’s special drawing right is undergoing a renaissance, with worldwide repercussions. The announcement of the largest-ever increase in SDR allocations, which will improve the liquidity of many developing nations, signals...

https://allaboutshipping.co.uk/2021/03/24/sdr-proposals-could-help-reset-international-monetary-system-the-imfs-world-economic-outlook-update/

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