Mexico Metropolis. Synthetic intelligence (AI) is seen as a double-edged sword. It has the potential to spice up productiveness and enhance the supply of public companies, whereas “resulting in larger earnings inequality and focus of wealth,” warns the Worldwide Financial Fund (IMF). Therefore the necessity for a fiscal coverage that promotes a extra equitable distribution … Read more
Mexico Metropolis. Confronted with the risk posed by local weather change, the World Financial institution (WB) and the Worldwide Financial Fund (IMF) introduced that they’ll deepen their cooperation to accentuate actions to stop world warming, which incorporates the implementation of reforms and financing. “The collaboration will present basic assist to the international locations’ local weather … Read more
Washington. The US can be higher off holding its buying and selling system open slightly than imposing new punitive tariffs on Chinese language items, the Worldwide Financial Fund (IMF) mentioned on Thursday, including that Washington and Beijing ought to work collectively to resolve the commerce pressure. IMF spokesperson Julie Kozack famous in a daily briefing … Read more
The order that has ruled the world financial system since World Battle II is at the moment on the breaking pointstated the English journal The Economist. A worrying variety of triggers might result in a descent into anarchythe place struggle is as soon as once more the useful resource of the good powers, he warned. … Read more
Buenos Aires. The central bank of Argentina (BCRA) lowered its reference market rate (passive repos) this Thursday to 60 percent annually, from the previous 70 percent, arguing for improvements in the conditions of the domestic macroeconomy, with fiscal surplus and inflationary contraction . “The decision is official,” said a spokesperson for the entity, a measure … Read more
Washington y Nueva York. World leaders arriving in the US capital today for the spring meetings of multilateral financial institutions face forecasts of new generations out of work, growing economic inequality and threats that artificial intelligence (AI) could worsen these problems, which adds to the criticism of these organizations. Jobs are the easiest way to … Read more
Mexico City. Shadow banking is registering “rapid growth” outside of regulation such as that of regulated financial institutions. Last year, this money leaving investment funds for corporations exceeded $2.1 trillion worldwide last year in assets and committed capital. Pension funds and insurance companies are investing in these types of schemes because of the returns they … Read more
BUENOS AIRES (ARGENTINA), 12/10/2023.- The president of Argentina, Javier Milei, goes out to the balcony of the Casa Rosada to greet supporters, today in Buenos Aires (Argentina). EFE/ Juan Ignacio Roncoroni He International Monetary Fund (IMF) This Thursday he urged the Argentine president, Javier Mileyto work to gain social and political support that allows it … Read more
FMI. The managing director of International Monetary Fund (IMF), Kristalina Georgievastated this Wednesday that the world economy has resisted crises better than expected, but warned that low-income countries have done worse than expected. «The world economy is better today than we feared a year ago, growth is being maintained, inflation is falling and the expectation … Read more
The global art and antiques market fell in 2023 after two years of growth. Despite the 4 percent annual decrease last year, standing at 65 billion dollars, the figure was above the levels prior to the covid 19 pandemic, led by the purchase of rich countries in the world. These data were revealed by the … Read more