IMF (International Monetary Fund)

ESG criteria are distorting markets, Small island states and climate risk

ESG criteria are distorting markets, Small island states and climate risk

Wednesday 17 March 2021 – Vol.12 Ed.11.3

Commentary: ESG criteria are distorting markets and portfolio decisions

By Simon Ogus in Hong Kong

The last 12 months have highlighted the urgency of environmental, social and governance needs around the world, as the climate crisis and the pandemic wreaked havoc. Individuals and institutions are trying their best to adapt to these circumstances. But will investment along ESG themes...

https://allaboutshipping.co.uk/2021/03/17/esg-criteria-are-distorting-markets-small-island-states-and-climate-risk/

Biden needs to act fast with economic plan, Euro area stability: view from the IMF

Biden needs to act fast with economic plan, Euro area stability: view from the IMF

Wednesday 20 January 2021 – Vol.12 Ed3.3

Commentary: Biden needs to act fast

By Mark Sobel in Washington

President-elect Joe Biden has tabled his near-term US rescue plan and surprised many with a $1.9tn economic relief proposal. It was facilitated by the Democratic party securing the Senate majority with victories in Georgia. While Biden is now better positioned to advance his agenda, many ambitious aspirations may...

https://allaboutshipping.co.uk/2021/01/20/biden-needs-to-act-fast-with-economic-plan-euro-area-stability-view-from-the-imf/

How climate cuffs could save the planet, Markets in the time of Covid-19

How climate cuffs could save the planet, Markets in the time of Covid-19

Tuesday 27 October 2020   –  Vol.11 Ed.44.2

Commentary: Climate cuffs could save the planet

By Michael Mainelli and Djellil Bouzidi

As temperatures rise, climate change is becoming increasingly costly. The world needs financial tools to turn down the economic thermostat. Sustainability-linked bonds (also called environmental policy performance bonds or environmental impact bonds) are one such instrument. Sovereign policy...

https://www.allaboutshipping.co.uk/2020/10/27/how-climate-cuffs-could-save-the-planet-markets-in-the-time-of-covid-19/

It’s mostly fiscal, Covid-19 recovery and asset allocation strategies

It’s mostly fiscal, Covid-19 recovery and asset allocation strategies

Commentary: It’s mostly fiscal

By Christian Kopf in Frankfurt

The International Monetary Fund has dedicated much of its attention to helping over-indebted countries put their finances in order. It has done so through emergency loans tied to fiscal policy conditions. Hence the long-running joke that ‘IMF’ is really short for ‘It’s mostly fiscal’. The most important message from this year’s IMF-World Bank Group annual meetings is...

https://www.allaboutshipping.co.uk/2020/10/23/its-mostly-fiscal-covid-19-recovery-and-asset-allocation-strategies/

GIC on Covid-19 changes in global investment landscape, In conversation with Antoinette Sayeh

GIC on Covid-19 changes in global investment landscape, In conversation with Antoinette Sayeh

Wednesday 5 August 2020  –   Vol.11 Ed.32.2

Commentary: GIC on Covid-19 changes in global investment landscape

By Prakash Kannan in Singapore

The global community is facing a public health crisis, an economic crisis, and financial turmoil all at once – an unprecedented combination in modern times. From the viewpoint of Singapore’s GIC sovereign fund, the crisis brought to the fore already-apparent market...

https://www.allaboutshipping.co.uk/2020/08/05/gic-on-covid-19-changes-in-global-investment-landscape-in-conversation-with-antoinette-sayeh/

Covid-19 and the ‘safe asset trap’, Virtual panel with Gita Gopinath

Covid-19 and the ‘safe asset trap’, Virtual panel with Gita Gopinath

Commentary: Covid-19 and the ‘safe asset trap’

By Edoardo Reviglio in Rome

In recent decades the supply of safe assets has not kept pace with global demand. After the 2008 financial crisis, bond yields in many economies approached zero. A gap in the supply of safe assets was created, resulting in a ‘safe asset trap’. Covid-19 may help capital markets overcome this phenomenon.

Rising national public debts, as well as new...

https://www.allaboutshipping.co.uk/2020/08/04/covid-19-and-the-safe-asset-trap-virtual-panel-with-gita-gopinath/

BIMCO June Outlook: Tanker shipping: sky high freight rates replaced by reality of falling global oil demand

Peter Sand

BIMCO June Outlook: Tanker shipping: sky high freight rates replaced by reality of falling global oil demand

BIMCO June Outlook: Tanker shipping: sky high freight rates replaced by reality of falling global oil demand . Macroeconomic outlook included.

Tanker shipping: sky high freight rates replaced by reality of falling global oil demand

Geopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping...

https://www.allaboutshipping.co.uk/2020/05/25/bimco-june-outlook-tanker-shipping-sky-high-freight-rates-replaced-by-reality-of-falling-global-oil-demand/

IMF’s raison d’être in jeopardy, The journey to central bank digital currencies

IMF’s raison d’être in jeopardy, The journey to central bank digital currencies

Tuesday 15 October 2019 –  Vol.10 Ed.42.2

Commentary: IMF’s raison d’être in jeopardy

By Mark Sobel in Washington

The International Monetary Fund’s resource base faces peril. The Trump administration will not support a Fund quota increase, largely because it does not want to see a strengthening in China’s woefully underweight position. The Fund has been working intensively behind the scenes with China and others, but it...

http://www.allaboutshipping.co.uk/2019/10/15/imfs-raison-detre-in-jeopardy-the-journey-to-central-bank-digital-currencies/

Something shifting in German fiscal state, US and European monetary policy roundtable

Something shifting in German fiscal state, US and European monetary policy roundtable

Tuesday 27 August 2019  Vol.10 Ed.35.1

Commentary: Something shifting in German fiscal state

By David Marsh in Berlin

Several factors are pushing Germany towards jettisoning its long-cherished ‘schwarze Null’ (black zero) commitment to balanced federal budgets. Realisation has been a long time coming. Germany’s economic partners and rivals, as well as the International Monetary Fund and Organisation for Economic...

http://www.allaboutshipping.co.uk/2019/08/27/something-shifting-in-german-fiscal-state-us-and-european-monetary-policy-roundtable/

Euro will not survive if Italy fails, Assessing a decade of QE

Commentary: Euro will not survive if Italy fails

By Desmond Lachman in Washington

An Italian debt default would trigger a European banking crisis with global economic and financial market ramifications. Italy is the euro area’s third largest economy. If it fails, the single currency cannot survive. It is also too costly for its European partners to save. However, the country’s new populist government is engaging in wishful thinking that somehow the country will grow its way out of its debt...

http://www.allaboutshipping.co.uk/2018/10/09/euro-will-not-survive-if-italy-fails-assessing-a-decade-of-qe/

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