OPINION/EDITORIAL

Saudi Exports Send Oil Prices Falling

May 7, 2019/OilPrice.com –    The number of drilled but uncompleted wells (DUCs) has continued to increase, rising to 8,504 as of February 2019, roughly 25 percent higher than a year earlier.  –    The completion process includes “casing, cementing, perforating, hydraulic fracturing, and other procedures required to produce crude oil or […]

How to Ensure the Effective and Sustainable Financing of International Development

May 7, 2019/IMF By Christine Lagarde, IMF Managing Director Paris Forum, May 7, 2019 Good morning Excellencies, honorable guests, friends, ladies and gentlemen, I would like to thank Minister Le Maire and the organizers of the Paris Forum for inviting me to address this important topic. Our focus today is […]

Fintech Can Cut Costs of Remittances to Latin America

May 7, 2019/IMFBlog By IMFBlog For Latin Americans living abroad, sometimes sending money back home can be a complicated and costly ordeal. Most people rely on traditional banking methods and money transfer operators to send their remittances. But using these financial services for cross-border payments is costly—about a 6 percent […]