April 5, 2023/Fitch Ratings OPEC+ members’ decision to cut production by almost 1.2 million barrels per day (MMbpd) from May until end-2023 should support prices in the short term, Fitch Ratings says, increasing chances that the market could switch into deficit in 2H23, particularly due to recovering consumption in China. […]
OPINION/EDITORIAL
Geopolitics and Fragmentation Emerge as Serious Financial Stability Threats
(Credit: Adobe Stock) April 5, 2023/IMFBlog By Mario Catalán, Fabio Natalucci, Mahvash S. Qureshi, and Tomohiro Tsuruga Concerns about global economic and financial fragmentation have intensified in recent years amid rising geopolitical tensions, strained ties between the United States and China, and Russia’s invasion of Ukraine. Financial fragmentation has important implications for global financial stability by […]
Fragmenting Foreign Direct Investment Hits Emerging Economies Hardest
(Credit: Shivendu Shukla/Unsplash) April 5, 2023/IMFBlog By JaeBin Ahn, Ashique Habib, Davide Malacrino , and Andrea F. Presbitero As geopolitical tensions rise, companies and policymakers are increasingly looking at strategies to make supply chains more resilient by moving production home or to trusted countries. The US Treasury Secretary argued in April 2022 that firms should move […]
