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18.04.00 – FINANCING

GA / RESTRUCTURING DEBT WRAP

The General Assembly adopted a resolution in favour of a legal framework that would help regulate restructuring of foreign sovereign debt. The project –proposed by Argentina- was presented by the Group of 77 + China. UNIFEED-UNTV

9 Sep 2014 | Read More »

IMF / WORLD ECONOMIC OUTLOOK

The IMF's latest World Economic Outlook (WEO) Update says that the global recovery has continued but at an uneven pace, and that downside risks remain. Continued policy efforts are needed to secure a more robust recovery. IMF

24 Jul 2014 | Read More »

GA / ARGENTINA DEBT

Argentina's minister of economy Axel Kicillof told members of the Group of 77 (G-77) and China that Argentina respects its international commitments and wants to pay its debt, but "they do not let her." UNIFEED-UNTV

25 Jun 2014 | Read More »

IMF / GREECE UKRAINE

The International Monetary Fund (IMF) spokesman confirmed that a mission will travel to Greece in a few weeks. On Ukraine, Gerry Rice said "the mission's plan is to begin work on June 24 in Kyiv, and to continue for about 2 weeks." UNIFEED-UNTV

19 Jun 2014 | Read More »

IMF / ECB RATE CUT

The International Monetary Fund has welcomed the announcement of the European Central Bank's package of rate cuts and liquidity measures on Thursday. The ECB cut its deposit rate to minus 0.1 percent and it opened a 400 billion euro liquidity channel that is tied to bank lending. The moves are planned to spur bank lending in [...]

5 Jun 2014 | Read More »

WORLD BANK/ FINANCIAL INCLUSION

As mobile banking and other technological innovations fuel the expansion of financial services in many developing countries, a new World Bank report urges policy makers to focus on products that benefit the poor, women and other vulnerable groups the most. The “Global Financial Development Report 2014: Financial Inclusion” report stays no-frills savings and payment accounts, [...]

12 Nov 2013 | Read More »

GA / FINANCING FOR DEVELOPMENT

Speaking to a General Assembly High-level Dialogue on Financing for Development, Secretary-General Ban Ki-moon expressed deep concern about the recent decline in official development assistance (ODA) and said that "for many developing countries, and in particular the most vulnerable, predictable levels of ODA remain critical." UNTV

7 Oct 2013 | Read More »

UN / CREDIT RATING

Paul Taylor, President and Chief Executive Officer of Fitch Ratings told the General Assembly that rating agencies, "did not do enough to highlight the limitations of our product nor flesh out fully the rationale for our opinions" leading up to the 2008 housing downturn and financial crisis. UNTV

10 Sep 2013 | Read More »

WASHINGTON / IMF ON USA ECONOMY

The United States could spur growth by adopting a more balanced and gradual pace of cutting the deficit, especially at a time when monetary policy has limited room to support the recovery further, the International Monetary Fund said after wrapping up its annual review of the world's largest economy. IMF

14 Jun 2013 | Read More »

WASHINGTON / GLOBAL ECONOMIC PROSPECTS

Risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area. However, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries, says the World Bank in the newly-released Global Economic Prospects (GEP) report. WORLD BANK (EMBARGOED UNTIL JUNE 12 AT 7:00 [...]

12 Jun 2013 | Read More »

 

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