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How Christine Lagarde planned to use EU rules to force business from London to Paris — 7 years before Brexit
Kay Swinburne told BI: "My French colleagues were obviously on a mission from 2009 to try and actually get, before Brexit, as much back to Paris as they could."
Poverty and low education levels are directly correlated to life expectancy around the world, according to a new International Monetary Fund blog that emphasizes access to quality healthcare as another key variable.
Earlier this week the IMF upgraded global growth forecasts to 3.9% this year, while at the same time cutting the UK's economic growth prospects to just 1.5%.
BI PRIME: The International Monetary Fund released an optimistic economic forecast but warned of threats from frothy asset markets and a flattening yield curve.
International Monetary Fund says that financial services are likely to be the sector most impacted, although manufacturing may also face significant changes.
"The system’s increasing complexity has sown financial stability risks," the IMF’s assessment said.
Speaking at UBS' annual European Conference, David Lipton said that Brexit will serve to focus "our minds on the future of the financial system architecture."
By failing to unveil plans for his succession Xi signaled that China's newest phase of authoritarianism has begun. The country's economy is part of why.
A new International Monetary Fund report finds that high levels of household debt can deepen recessions. US households are more indebted than ever.
The IMF has estimated inflation could rise to 2,300% by the end of 2018 and said the crisis has "no end in sight."