Updates

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year $12 Billion Extended Fund Facility

August 11, 2016/IMF In response to a request from the Egyptian authorities, an International Monetary Fund (IMF) mission led by Mr. Chris Jarvis visited Cairo from July 30 to August 11, 2016 to discuss support for the authorities’ economic reform program through IMF financial assistance. At the end of the […]

Kaspersky Anti-Ransomware Tool Available Free of Charge for Businesses

August 11, 2016/Kaspersky To identify ransomware behaviour patterns and protect Windows-based endpoints, Kaspersky Anti-Ransomware Tool for Business leverages two groundbreaking technologies: Kaspersky Security Network and System Watcher Kaspersky Lab has launched Kaspersky Anti-Ransomware Tool for Business – a free software that offers complementary security to protect corporate users from ransomware. […]

The ECB’s Negative Rate Policy Has Been Effective but Faces Limits

Culled—–iMFdirect August 10, 2016 by iMFdirect By Andy Jobst and Huidan Lin More than two years ago, seeking to revive a moribund economy, the European Central Bank (ECB) embarked on a new monetary policy measure: charging interest on excess liquidity that banks held at the central bank. The move complemented […]