December 2, 2015/iMFdirect By Rabah Arezki and Maurice Obstfeld “The human influence on the climate system is clear and is evident from the increasing greenhouse gas concentrations in the atmosphere, positive radiative forcing, observed warming, and understanding of the climate system.” —Intergovernmental Panel on Climate Change, Fifth Assessment Report Fossil […]

IMF SurveyDecember 1, 2015 Renminbi becomes fifth currency making up SDR basket Inclusion is an important milestone in China’s global financial integration Decision reflects growing international use and trading of renminbi The Chinese currency renminbi (RMB) is to be included in the basket of currencies which make up the IMF’s […]

Tue Dec 1, 2015/Reuters By Julia Payne ABUJA (Reuters) – Nigeria will focus on cutting the cost of running the government rather than on slashing jobs next year, and will present its 2016 budget proposals by the end of the year, the new finance minister told Reuters on Monday. Widespread […]