World News

Lagarde Lambast US Congress on Non-Implementation of 2010 Quota Reform

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) has lambasted the United States (US) Congress for non-implementation of the  2010 Quota and Governance Reform. “I am disappointed that necessary steps could not be taken to implement this important governance reform. The world […]

Turkey: How to Boost Growth Without Increasing Imbalances

Turkey has received well-deserved praise for its growth performance over the last decade. Yet along with this success story has come a steady widening of the current account deficit, projected to come out at 7.4 percent of GDP in 2013. The counterpart of this deficit is a reliance on external […]

Spain’s Prime Minister Mariano Rajoy Visits IMF

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Mariano Rajoy, the Prime Minister of Spain Monday visited the headquarters of the International Monetary Fund (IMF) in Washington D.C. to meet and share views with Christine Lagarde, Managing Director (MD) of the Fund on recent economic developments in Europe and Spain. Ángela Gaviria, IMF’s […]