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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."
The IMF says the super-wealthy aren’t paying their fair share of taxes — and there could be terrible consequences
Go ahead, tax the rich, they can afford it. That's the message from a new International Monetary Fund report that also finds inequality hampers long-run economic growth.
The International Monetary Fund's latest forecast on the US economy is slightly weaker because it is no longer assuming Donald Trump will manage to cut taxes.
But she sees the potential.
In many countries, the richest 1% have benefited disproportionately from economic growth in recent years, the IMF says.