World News

The World’s Top Recipients of Foreign Direct Investment

(IMAGE: HURCA/ADOBE STOCK) CHART OF THE WEEK December 16, 2021/IMFBlog By Carlos Sánchez-Muñoz, Silvia Matei, and Kristy Howell A Japanese automobile manufacturer builds an assembly plant in Mexico. An Italian software company opens a sales office in Kenya to reach the Kenyan market with their services. A large Australian mining company acquires a […]

Industrial Production and Capacity Utilization – G.17

December 16, 2021/US Federal Reserve Revision of Industrial Production and Capacity Utilization Notice Below Industrial production rose 0.5 percent in November. The indexes for both manufacturing and mining increased 0.7 percent, while the index for utilities decreased 0.8 percent. At 102.3 percent of its 2017 average, total industrial production in November was 5.3 percent above its […]

Managing Director’s Remarks Opening at the UK’s 2021 Article IV and Financial Sector Assessment Program Kristalina Georgieva

December 14, 2021/IMF Ladies, Gentlemen: Earlier today I had a very good discussion with Chancellor Sunak and Governor Bailey on our assessment about the economic outlook for the United Kingdom and this time we also evaluated UK’s financial stability conditions under the FSAP, which was last done in 2016. Let […]