A much better year lies in store for most of the world’s major developed economies, although weak inflation will persist, complicating central banks’ ability to get interest rates back to normal, Reuters polls forecast on Thursday. As in the last few years, the United States looks set to the lead […]
World News
Vienna Initiative Sets Five Priorities for 2014-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The International Monetary Fund (IMF) Thursday announced that the Steering Committee of the Vienna 2 Initiative have set five (5) priorities for year 2014 after a meeting hosted and chaired by Raiffeisen Bank International in Vienna. According to a Press Statement by Silvia […]
China urges IMF to give more power to emerging markets
China called on IMF member nations on Wednesday to stick to a commitment to give emerging markets more power at the global lender after U.S. lawmakers set back historic reforms that would give developing countries a greater say. The remarks by Chinese Foreign Ministry spokesman Hong Lei were an indirect […]
