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allthebrazilianpolitics · 2 months

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Lula and Georgieva hold a “good conversation”

Brazilian President Luiz Inácio Lula da Silva Monday suggested International Monetary Fund (IMF) Managing Director Kristalina Georgieva should move on with the reform of the credit agency, among other issues they discussed during their “good conversation” in Brasilia where they also reviewed “social inclusion” and the “Poverty in the world” project.

Lula said the IMF needs to be “more representative of today's world” and “capable of helping countries” that require financial support “under better conditions.” Also present at Monday's gathering were Brazil's Finance Minister Fernando Haddad, and former President and current President of the BRICS Bank, Dilma Rousseff.

#brazil #brazilian politics #politics #economy #international monetary fund #luiz inacio lula da silva #foreign policy #Kristalina Georgieva #mod nise da silveira #image description in alt

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gwydionmisha · 2 years

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#IMF #Economic Crisis #Recession #Kristalina Georgieva #News

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head-post · 3 months

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European governments may “regret” supporting angered farmers – IMF chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva argued on Thursday that European governments must resist calls for more financial support for the protesting farming sector across the continent, otherwise they might regret it, France 24 reported.

Farmers from Germany, France, Italy, Belgium and Greece have staged weeks of protests aimed at getting some concessions from European leaders ahead of upcoming elections.

You see the farmers protesting. On the human level I understand they face more hardship and it is not easy to do the job they do. But if that sentiment continues and it pushes governments in a corner in which they find themselves unable to do what is necessary for (the) strength of the economies, then there may be days to regret.

Thousands of farmers from across Europe protested in Brussels on Thursday during a meeting between French President Emmanuel Macron and European Commission chief Ursula von der Leyen regarding “the future of European agriculture.”

Read more HERE

#world news #world politics #news #europe #european news #european union #eu politics #eu news #farmers #farmer #farmers protest #farmer protest #international politics #international law #international news #monetary policy #monetary system #IMF #kristalina georgieva

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mercoglianotrueblog · 4 months

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Fart, Bidenflation, bigots

self-proclaimed elite #IMF #Georgieva drives global #carbon tax

5 M illegal #aliens pro #Biden?#Meloni fails to stop #migrants

#COP28:less #fossil fuels, not phasing them out

#UAE #Germany will each give $200 #MM a yr to the poor, continue to emit #GHG

https://salvatoremercogliano.blogspot.com/2023/12/fart-bidenflation-bigots.html?spref=tw

#kristalina georgieva #imf #aliens #biden #migrants #meloni #cop28 #fossil fuels #uae #germany #ghg

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rdsolenodonte · 10 months

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Georgieva, del FMI, prevé un crecimiento mundial de 3% en los próximos cinco años

La directora gerente del Fondo Monetario Internacional, Kristalina Georgieva, dijo el martes que el FMI espera un crecimiento mundial en torno a 3% anual durante los próximos cinco años, muy por debajo de los promedios históricos en torno a 3,8%, lo que puede presionar los flujos de capital. En su discurso de apertura de una conferencia sobre economía del FMI, Georgieva afirmó que los gobiernos,…

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#Crecimiento Mundial #FMI #Kristalina Georgieva

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diarioelcentinela · 1 year

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El FMI avanzó con la aprobación de la tercera revisión del acuerdo con Argentina

El FMI lo informó a través de un comunicado oficial de prensa El Fondo Monetario Internacional (FMI) y el equipo económico argentino llegaron a un acuerdo a nivel de personal técnico sobre la tercera revisión del programa en el marco del Acuerdo de Servicio Ampliado del Fondo (SAF), lo cual allana el camino para un próximo desembolso de US$ 6.000 millones, informó este viernes el organismo en un…

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#acuerdo #acuerdo con el FMI #Argentina #FMI #Kristalina Georgieva

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smestreet · 2 years

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India Must be called as Bright Spot of Opportunities: IMF Chief

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India deserves to be called a bright spot “on this otherwise dark horizon because it has been a fast-growing economy, even during these difficult times, but most importantly, this growth is underpinned by structural reforms”. She was speaking on the fourth day of the IMF and World Bank Annual Meetings at the IMF…

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#IMF #Kristalina Georgieva #Top News

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jujuygrafico · 2 years

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Haquim disertó en la Semana del Clima en Nueva York

#Jujuy | #CarlosHaquim disertó en la #SemanadelClima en #NuevaYork

El vicegobernador de la Provincia de Jujuy, Carlos Haquim, participa en Nueva York de la Semana del Clima, espacio que comparte con líderes mundiales, representantes gubernamentales y empresarios.En el marco del panel denominado “Más lejos, más rápido; Juntos haciéndolo”, Haquim disertó sobre los avances logrados por Jujuy en cuidado ambiental y desarrollo sustentable, a partir del compromiso…

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#Carlos Haquim #FMI #Fondo Monetario Internacional #GIRSU #Jujuy #Jujuy Verde #Kristalina Georgieva #litio #Nueva York #Parque Fotovoltaico Cauchari #Semana del Clima

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frenchbulletin · 2 years

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FMI : la Chine et les autres créanciers doivent travailler pour empêcher une « explosion » de la dette dans les économies émergentes

La Chine et les autres principaux créanciers ont la responsabilité d’empêcher une explosion potentielle des problèmes d’endettement auxquels sont confrontées les économies émergentes et les pays à faible revenu, a déclaré mardi la directrice générale du FMI, Kristalina Georgieva. Elle, s’exprimant lors d’un événement organisé par le Center for Global Development, a souligné que 25% des économies…

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#Chine #dette #FMI #Kristalina Georgieva #L&039;actualité financière internationale

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crypto-shrypto · 2 years

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IMF urges people to not ignore cryptocurrency despite failure of popular stablecoin

Despite the recent failure of a popular stablecoin, the head of the International Monetary Fund (IMF) stated at the World Economic Forum in Davos that people should not ignore cryptocurrencies totally.

Kristalina Georgieva believes that the cryptocurrency market is important in the global financial system because it provides faster service at lower prices and is more inclusive.

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newshuntermag · 2 years

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"Finally Common Sense Is Prevailing" – Sam George Reacts To The Government’s Move To Have A Formal Engagement With IMF

“Finally Common Sense Is Prevailing” – Sam George Reacts To The Government’s Move To Have A Formal Engagement With IMF

Ghanaian legislator, Sam George, has reacted to the government’s move to have a formal engagement with the International Monetary Fund (IMF). President Akufo-Addo has authorized the Finance Minister, Ken Ofori-Atta to commence the formal engagement. This was after he had a phone conversation with the Managing Director of IMF, Miss Kristalina Georgieva. “The engagement with the IMF will seek to…

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#Finance Minister #IMF #IMF Managing Director #International Monetary Fund #Ken Ofori-Atta #Kojo Oppong Nkrumah #Miss Kristalina Georgieva #MP for Ningo-Prampram #News #President Akufo-Addo #Sam George

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timesofocean · 2 years

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Crude oil prices little changed as recession worry offsets higher demand outlook

New Post has been published on https://www.timesofocean.com/crude-oil-prices-little-changed-as-recession-worry-offsets-higher-demand-outlook/

Crude oil prices little changed as recession worry offsets higher demand outlook

Huston (The Times Groupe)- Crude oil prices were little changed on Monday amid worries over a possible recession and the prospect of higher fuel demand with the start of the U.S. driving season and Shanghai’s plans to reopen after two months of quarantines due to the Coronavirus.

Brent crude futures were up 35 cents, or 0.3%, to $112.92 a barrel by 11:24 a.m. ET (1524 GMT). U.S. West Texas Intermediate (WTI) crude was up 5 cents, or 0.05%, at $110.32.

“There are black clouds gathering around the financial markets here and it has started to impact crude oil,” said Bob Yawger, director of energy futures at Mizuho.

“The economic wellbeing of the global economy is questionable at this point,” he added.

The global economy was among the top worries of the well-heeled at Davos on Monday, with some predicting a worldwide recession because of the multiple threats.

Kristalina Georgieva, Managing Director of the International Monetary Fund, said she did not expect a recession for major economies but could not rule one out.

As the United States was set to enter its peak driving season beginning Memorial Day weekend at the end of May, losses were limited by expectations that gasoline demand would remain high.

However, analysts noted that despite concerns about rising fuel prices, mobility data from TomTom and Google had risen in recent weeks, suggesting more drivers are on the road.

The White House is considering declaring an emergency to release diesel from a rarely used stockpile to ease a supply crunch and temper rising prices, a senior administration official said.

In response to Hurricane Sandy, the White House might tap the Northeast Home Heating Oil Reserve, established in 2000 to assist with supply issues and used only once in 2012. Because the reserve only contains 1 million barrels of diesel, such a release would have limited impact.

After Russia’s invasion of Ukraine, which Moscow calls a “special operation,” the European Union hasn’t been able to reach a final deal on banning Russian oil, which has kept oil prices from climbing higher.

“The persistent squeeze in refined petroleum products in the U.S. and ever-present Ukraine/Russia risk underpinned prices,” said Jeffrey Halley, a senior market analyst at OANDA.

From June 1, Shanghai, China’s commercial hub, hopes to return to normal as the number of Coronavirus cases declines.

Chinese lockdowns, the world’s top oil importer, have slowed industrial production and construction, prompting government efforts to support the economy, including a less-than-expected mortgage rate cut on Friday.

State television quoted the cabinet as saying that China would take targeted measures, including extending its tax credit rebates and rolling out new investment projects, to support its economy.

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head-post · 3 months

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IMF: AI could replace 40% of jobs

Artificial intelligence (AI) could affect nearly 40 per cent of all jobs, according to the latest analysis by the International Monetary Fund (IMF).

The IMF notes that developed countries are more likely to be affected by AI than developing and low-income ones. However, AI is likely to complement human labour rather than completely replace certain jobs.

IMF Managing Director Kristalina Georgieva warns that “in most scenarios, AI will likely worsen overall inequality,�� and policymakers should address this “troubling trend” to avoid increasing social tensions.

In advanced economies, AI could affect about 60 per cent of jobs, and in half of those cases, workers could increase their productivity through AI integration, the IMF report wrote.

However, AI could also replace essential human tasks, potentially reducing demand for labour. This in turn could affect wages and even remove certain jobs.