(Credit: Adobe Stock) October 13, 2023/IMFBlog By Alfred Kammer So far so good. These words are probably a fair assessment of Europe’s progress thus far in its struggle against inflation. Policy interest rates have been raised resolutely, central banks have signaled commitment to keeping them high for as long as […]
OPINION/EDITORIAL
How Channeling SDRs is Supporting Vulnerable Economies
(Credit: Melita/Adobe Stock) October 13, 2023/IMFBlog By Kristalina Georgieva, Bernard Lauwers, and Ceyla Pazarbasioglu The IMF’s largest-ever allocation of special drawing rights injected $650 billion of much-needed reserves and liquidity into the world’s economies two years ago as they confronted the pandemic. SDRs are the IMF’s unique international reserve assets that member countries generally […]
Brent Nears $90 As The U.S. Signals Stricter Sanctions Enforcement
October 13, 2023/Oilprice.com Michael Kern, Oilprice.com While oil prices had fallen back after soaring at the start of the week, signs that the U.S. is set to step up its sanctions action against both Russia and Iran have boosted prices, with Brent now nearing $90. Friday, October 13th, 2023 The […]
