$4 Trillion Loss Ringing In The World’s Economic Output

  • Because the figures aren’t adjusted for inflation, the data suggest demand for merchandise slowed in the third quarter.
  • Meanwhile, China is being hit by a rebound in Covid-19 cases following the week-long National Day holiday, just as the country’s top leaders gather in Beijing for a meeting with President Xi Jinping.
  • That may offer insights into whether officials see a risk of renewed turmoil that already plagued pension funds following Britain’s mini-budget.

The warning of a potential $4...

https://mfame.guru/4-trillion-loss-ringing-in-the-worlds-economic-output/

Gloomy outlook for the IMF Spring meetings, Public debt is a casualty of war, and more

Gloomy outlook for the IMF Spring meetings

By Mark Sobel

The International Monetary Fund/World Bank Spring meetings, beginning in Washington on 18 April, will be a gloomy affair. Finance ministers and central bank governors meet against the backdrop of Russia’s heinous war in Ukraine, the global economic effects of shrunken growth, higher inflation from oil and commodity prices and renewed supply disruptions, and worsening debt distress in many emerging markets and low-income countries.

 Public...

https://allaboutshipping.co.uk/2022/04/16/gloomy-outlook-for-the-imf-spring-meetings-public-debt-is-a-casualty-of-war-and-more/

Economic reforms needed as Argentina attempts to refinance debt

Economic reforms needed as Argentina attempts to refinance debt

Tuesday 30 November 2021 – Vol.12 Ed.48.2

Commentary: Time is running out for Argentina and the IMF

By Pablo Guidotti in Buenos Aires

On 15 November, as his government faced a landslide defeat in mid-term elections, Argentina’s President Alberto Fernández announced that he would seek a new IMF programme to refinance $45bn in outstanding debt. But Buenos Aires’ announcements are not taken seriously by capital markets and, in the minds...

https://allaboutshipping.co.uk/2021/11/30/economic-reforms-needed-as-argentina-attempts-to-refinance-debt/

Βιώσιμη οικονομική ανάκαμψη: Νωχελική η πρόοδος

Ο Διεθνής Οργανισμός Ενέργειας (ΙΕΑ) εξέδωσε τον Ιούλιο την έκθεση Sustainable Recovery Tracker, η οποία ουσιαστικά παρακολουθεί την πρόοδο της βιώσιμης ανάκαμψης των οικονομιών από την πανδημία Covid-19.

Ειδικότερα, στην έκθεση παρουσιάζονται η ενεργειακή πολιτική και οι κυβερνητικές δαπάνες ανά χώρα και ανά κλάδο, όσον αφορά μέτρα τα οποία βασίζονται σε καθαρές πηγές ενέργειας. Εκτός αυτού, αξιολογείται και η επίδραση πράσινων πολιτικών στην ανάκαμψη τόσο του δημόσιου αλλά και του ιδιωτικού...

https://www.naftikachronika.gr/2021/08/31/viosimi-oikonomiki-anakampsi-nocheliki-i-proodos/

IMF Forecasts A Worse Recession Amid COVID Crisis

The International Monetary Fund updated its predictions for the COVID-19 recession June 24, saying its April prediction was not severe enough, reports Industry Week.

GDP expected to shrink

The IMF now anticipates the global economy to contract by 4.9% in 2020, or 1.9 points more than it expected in April. The GDP of advanced economies, including the United States, are expected to shrink by a crushing 8.0%.

Depending on how the pandemic evolves, the updated forecast anticipates persistent social...

https://mfame.guru/imf-forecasts-a-worse-recession-amid-covid-crisis/

Gibson Tanker Report – All Eyes on India

In April 2021 World Economic Outlook, the International Monetary Fund (IMF) lifted global economic growth projections for 2021 and 2022 by 0.8% and 0.2% to 6% and 4.4% respectively due to the anticipated vaccine-driven recovery in the 2nd half of this year and additional fiscal support in some major economies, most notably the $1.9 new fiscal package in the US. In line with the IMF projections, the International Energy Agency (IEA) also revised upwards its expectations for world oil demand...

https://mfame.guru/gibson-tanker-report-all-eyes-on-india/

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