international intergovernmental economic organization
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Germany lags behind in G7: IMF sees global economy on the right track: Despite interest rate increases and fluctuating prices, the global economy remains robust ...
n-tv.de/mediathek/videos/wirtschaft/IWF-sieht-Weltwirtschaft-auf-gutem-Weg-article24878699.html
UK lags G7 as labour market 'inactivity' hits eight-year high: Four years since the outbreak of the COVID-19 pandemic, Britain remains beset by a persistent rise ...
reuters.com/world/uk/uk-lags-g7-labour-market-inactivity-hits-eight-year-high-2024-04-17/
🔴 US National Security Adviser Jake Sullivan, along with other G7 countries and close allies, has stated their intention to swiftly implement sanctions ... Show more www.aljazeera.com/news/liveblog/2024/4/17/israels-war-on-gaza-live-eleven-killed-in-israeli-strike-on-refugee-camp
Treasury Secretary Janet Yellen is warning Iran that the U.S. "will not hesitate" to impose new sanctions in response to Iran's "unprecedented ... Show more abcnews.go.com/Site/fullpage/page-unavailable-61369435
Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
- Treasury Secretary Janet Yellen warned of potential global economic damage from rising tensions in the Middle East and pledged that the U.S. and its allies won't hesitate to use their sanctions powers to address Iran's 'malign and destabilizing activity' in the region.
- The fast-rising tensions between Iran and Israel and the potential implications of escalation on the global economy are at the forefront of the spring meetings of the International Monetary Fund and World Bank.
- Yellen announced additional sanctions actions against Iran in the coming days and expressed support for liquidating roughly $300 billion in frozen Russian Central Bank assets for Ukraine's reconstruction.
- Another major focus of this year's meetings will be Chinese industrial policy, which Yellen believes poses a threat to U.S. jobs and the global economy. She plans to meet with Chinese counterparts to identify potential areas of cooperation and address concerns.
US fears Russia is beginning to see signs of fatigue among Ukraine's allies: US Treasury Secretary Janet Yellen has said that the United States and the G7 ...
pravda.com.ua/eng/news/2024/04/17/7451651/
Short-term "information": Italy's Foreign Minister indirectly confirms Israeli attack on Iran
spiegel.de/ausland/italien-antonio-tajani-bestaetigt-indirekt-israelischen-angriff-auf-iran-a-72890cce-27be-43fa-be5f-40b46e29c906
Israel gave US last-minute warning about drone attack on Iran, Italian foreign minister says at G7
apnews.com/article/g7-italy-blinken-iran-bf8b33c3cebfe534a16675e6adc3fb0a
Quick Glance: US Alerts G7 about Iran Drone Attack: Israel Issues Final Warning
- According to the Italian foreign minister, the United States informed the G7 foreign ministers that it received "last minute" information from Israel about a drone action in Iran.
- The details were shared during a Friday morning session that was spontaneously modified to discuss the suspected attack.
- Following the three-day meeting, the ministers urged in a statement for the parties to prevent further escalations and expressed support for Israel's security.
- Additionally, the group cautioned Iran against transferring ballistic missiles and related technologies to Russia and called for the release of hostages and adherence to international and humanitarian law.
China Outweighs G-7 as Leading Driver of Global Economic Growth: China will be the top contributor to global growth over the next five years ...
bloomberg.com/news/articles/2024-04-18/china-outweighs-g-7-as-leading-driver-of-global-economic-growth
Dollar rally stalls after rare FX warning from finance chiefs: The dollar fell for a second day on Thursday after a rare warning by the finance chiefs of the ...
reuters.com/markets/currencies/dollar-takes-breather-investors-ponder-us-rates-outlook-2024-04-18/
G-7 Nations Weigh New Iran Air Sanctions After Attack on Israel: Some Group of Seven nations are considering fresh sanctions on Iran Air in response to Tehran’s ...
bloomberg.com/news/articles/2024-04-17/g-7-nations-weigh-new-iran-air-sanctions-after-attack-on-israel
Paid articlePaid
EU official: G7 considers using frozen Russian assets as collateral for Ukraine loans
kyivindependent.com/g7-considers-using-frozen-russian-assets-as-collateral-for-loans-for-ukraine/
🇪🇺 EU foreign policy chief Josep Borrell warns Middle East 'on edge of regional war.'www.euronews.com/2024/04/18/eu-foreign-policy-chief-josep-borrell-warns-middle-east-on-edge-of-regional-war
Russia’s war in Ukraine remains barrier to growth, says IMF chief: Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ...
theguardian.com/business/2024/apr/18/russias-war-in-ukraine-remains-barrier-to-growth-imf-chief-kristalina-georgieva-g7-assets
Americans losing confidence in military, government, food insecurity: New Gallup data reveals the US has fallen behind many G7 countries in key indicators such ...
businessinsider.com/military-government-judiciary-confidence-food-insecurity-g7-gallup-gdp-growth-2024-4
Biden Pledges G7 Response, U.S. Support for Israel after Iran Attacks
japannews.yomiuri.co.jp/news-services/reuters/20240414-180354/
Morning Bid: G7 disinflation cheer as Fed decides: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-03-20/
G7 industry ministers agree to cooperate on AI, supply chains, presidency says: Industry ministers from the Group of Seven major democracies agreed on Thursday ...
reuters.com/world/g7-agreed-align-rules-ai-italian-presidency-says-2024-03-14/
UK Foreign Secretary sees progress in use of frozen Russian assets for benefit of Ukraine
pravda.com.ua/eng/news/2024/04/10/7450604/
US has not asked India to cut Russian oil purchases, American official says: The United States has not asked India to cut Russian oil imports as the goal of ...
reuters.com/markets/commodities/us-has-not-asked-india-cut-russian-oil-purchases-american-official-says-2024-04-04/
G7 issues stern warning to Iran over possible missile shipments to Russia: The statement follows reports that Iran has sent ballistic missiles to Russia — a ...
politico.com/news/2024/03/15/g7-iran-missiles-russia-00147308
Quick Glance: US and G-7 Partners Warn Iran Over Potential Missile Supply to Russia
- The United States and its allies cautioned Iran on Friday about the possibility of facing new sanctions if it indeed plans to support Russia with ballistic missiles for the war against Ukraine.
- For months, the Biden administration has been sounding the alarm as Russia attempts to acquire ballistic missiles from Iran while Moscow struggles to replenish its diminishing stockpile.
- As of now, the US government has not verified the transfer of missiles from Iran to Russia. Nevertheless, American officials express concern over statements made by Iranian authorities hinting at an imminent deal.
- In January, the Democratic administration stated that although US intelligence officials had not confirmed the completion of a Russian-Iranian deal, they were worried about the active progress of Russia's negotiations to obtain missiles from Iran.
G7 finance meeting marred by divisions over seizing Russian assets: French Finance Minister Bruno Le Maire on Wednesday publicly challenged U.S ...
reuters.com/world/g7-finance-meeting-marred-by-divisions-over-seizing-russian-assets-2024-02-28/
AIIB in talks over second loan guarantee deal for World Bank: China’s answer to western multilateral lenders backs deeper ties with peer institutions to ease ...
ft.com/content/3941f87d-40d6-4e9d-8ca3-836184d03994
Paid articlePaid
#FirstpostAmerica : The US and its G7 allies are mulling a ban on Iran Air in Europe. Iran Air, the country's national carrier, flies passengers from Iran to multiple ... Show more
Divides in G7 Over Seized Russian Billions: Recently, French Finance Minister Bruno Le Maire opposed Janet Yellen's idea to use $300 billion in blocked ...
riotimesonline.com/divides-in-g7-over-seized-russian-billions/
G20 finance ministers meet on world economy hit by crises | kuwaittimes: G20 finance ministers meet on world economy hit by crises - Business - SAO PAULO: G20 ...
kuwaittimes.com/article/11557/business/g20-finance-ministers-meet-on-world-economy-hit-by-crises/
Bloomberg: US backs plan to issue $50 billion in bonds from frozen Russian assets
kyivindependent.com/bloomberg-us-backs-plan-to-issue-50-billion-in-bonds-from-frozen-russian-assets/
Quick Glance: Europe Considers Using Profits from Russian Assets to Arm Ukraine
- Following the freezing of over $300 billion in assets, European leaders may propose utilizing profits from immobilized assets to aid Ukraine.
- A proposal could offer about $3 billion annually for weapons to support Ukraine in battle as U.S. funding stalls and Ukraine faces desperation.
- Despite the potential aid for Ukraine, the proposal is viewed by some as not extraordinary but also not negligible.
- The debate on using frozen assets gains momentum as the EU grapples with how to address Russia's threat to global stability.
EU leaders urged to put economies ‘on war footing’ at Ukraine negotiations: Prime ministers to examine plans to confiscate billions of euros in interest from ...
theguardian.com/world/2024/mar/21/eu-leaders-urged-to-put-economies-on-war-footing-at-ukraine-negotiations
Get Samsung's Odyssey G7 gaming monitor for nearly 50% off during Amazon's Big Spring Sale
zdnet.com/home-and-office/home-entertainment/get-samsungs-odyssey-g7-gaming-monitor-for-nearly-50-off-during-amazons-big-spring-sale/
G7 chair Italy assumes new importance in West: Prior to becoming Italian prime minister in 2022, there were widespread reservations in the West about Giorgia ...
arabnews.com/node/2468106
Inequalities And Concentration Of Wealth In USA Have Wide Implications| Countercurrents
countercurrents.org/2024/03/inequalities-and-concentration-of-wealth-in-usa-have-wide-implications-bharat-dogra/
Threats to industrialized countries: Why submarine cables pose a security risk: From cotton for gunpowder to wind turbines: China is becoming the dominant power ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/g7-treffen-warum-von-unterseekabeln-ein-sicherheitsrisiko-ausgeht-19589294.html
Paid articlePaid Critical infrastructure: Volker Wissing calls for better protection of submarine cables
faz.net/aktuell/wirtschaft/mehr-wirtschaft/kritische-infrastruktur-volker-wissing-fordert-besseren-schutz-von-unterseekabeln-19585946.html
UK Economy Rebounds in January After Slipping Into Recession: Get briefed ahead of your morning calls with the latest UK business headlines ...
bloomberg.com/news/newsletters/2024-03-13/meeting-low-expectations
Get the 32-inch Samsung Odyssey QLED Neo G7 gaming PC monitor for its lowest price ever
neowin.net/deals/get-the-32-inch-samsung-odyssey-qled-neo-g7-gaming-pc-monitor-for-its-lowest-price-ever/
Bloomberg New Economy: Africa’s Would-Be Giant Careens Toward Crisis: Complacency in the face of a mediocre record of development is arguably not the right ...
bloomberg.com/news/newsletters/2024-03-09/bloomberg-new-economy-africa-s-would-be-giant-careens-toward-crisis
Canada to resume funding for UN Palestinian relief agency: Canada is the first Group of Seven country to resume funding for UNRWA, says International Development ...
theglobeandmail.com/politics/article-canada-to-resume-funding-for-un-palestinian-relief-agency/
Paid articlePaid
EU to channel frozen Russian assets for Ukraine's reconstruction: Report : In a significant move towards supporting Ukraine's recovery efforts ...
wionews.com/business-economy/eu-to-channel-frozen-russian-assets-for-ukraines-reconstruction-report-689731
Quick Glance: EU Allocates Frozen Russian Assets for Ukraine's Reconstruction: Update
- EU and G7 froze 300 billion euros ($323 billion) of Russian central bank assets post-invasion.
- New EU law directs profits from Russian assets towards Ukraine's reconstruction efforts.
- Majority of frozen assets held in EU, with significant portion managed by Belgium's Euroclear.
- Legislation mandates segregation of profits from Russian assets for Ukraine, estimated at 15 billion euros ($16.17 billion) over four years.
U.S. winning world economic war: America's economic outperformance is rooted in its distinctive structural strengths, policy choices, and some luck.
axios.com/2024/01/31/us-economy-2024-gdp-g7-nations
Brian Mulroney will always be remembered for his friendship with Ukraine: Under Mulroney’s leadership, Canada was the first G7 country to celebrate Ukraine’s ...
theglobeandmail.com/opinion/article-brian-mulroney-will-always-be-remembered-for-his-friendship-with/
Paid articlePaid US announces ban on import of Russian diamonds: The U.S. Office of Foreign Assets Control (OFAC) on Feb. 8 imposed a ban on non-industrial diamonds mined in ...
kyivindependent.com/us-announces-ban-on-import-of-russian-diamonds/
Empire Decline And Costly Delusions| Countercurrents: The economics of the U.S. empire decline constitutes the continuing global context ...
countercurrents.org/2024/03/empire-decline-and-costly-delusions/
Falling US inflation opens door to rate cuts within months, says OECD: Price pressures in UK forecast to be highest among G7 nations over next two years
ft.com/content/dcf38243-5b65-44ea-a3a6-5b44cf379d41
Paid articlePaidQuick Glance: Turkey's Official Annual Inflation Soars to 64.8% in January
- Clothing and footwear saw the lowest increase at 40.62%, while restaurants and hotels experienced the highest at 92.27%.
- Unofficial data from Turkey's Inflation Research Group (ENAG) revealed a 9.38% CPI increase and an annual inflation of 129.11% in January.
- Annual food inflation was 69.71% with a monthly inflation of 5.19% in January.
- The BBC Turkish Service investigated annual food inflation in Turkey through traditional recipes.
G20 finance ministers meeting: G7 want to use frozen Russian assets: At the G-20 finance ministers meeting, Federal Finance Minister Lindner spoke of a realistic ...
faz.net/aktuell/politik/ausland/g7-wollen-eingefrorene-russische-vermoegenswerte-nutzen-19553529.html
Paid articlePaid
Japan may have lowest per capita GDP among major economies in 2060: The government estimate is likely to materialize if the country's productivity growth remains ...
japantimes.co.jp/business/2024/03/01/economy/japan-gdp-in-2060/
Finance minister: Ukraine needs $3 billion per month in financial aid in 2024: "In 2023, Ukraine's financial system was stable, and the economy ...
kyivindependent.com/ukraine-needs-3-billion-per-month/
Russia-Ukraine war: Western leaders in Kyiv, G7 pledge support for Ukraine on war anniversary
wionews.com/videos/russia-ukraine-war-western-leaders-in-kyiv-g7-pledge-support-for-ukraine-on-war-anniversary-693626
#MintPlainFacts | Every month, Mint’s Plain Facts section brings out an update on key global economic data to thread together the biggest developments in the world that ... Show more www.read.ht/SGTK
#MintCharts | Two G7 economies slipped into a technical recession (two successive quarters of decline in GDP growth) in the December-ended quarter ... Show more
Canadian households among the wealthiest, but debt a 'double-edged sword': Canada has the highest level of household debt to disposable income of any G7 country ...
ctvnews.ca/canada/canadian-households-among-the-wealthiest-but-debt-a-double-edged-sword-1.6787405
Ringgit slightly up against US$, most other major currencies: KUALA LUMPUR: The ringgit rebounded against the US dollar in early trade Monday as the greenback ...
thestar.com.my/business/business-news/2024/02/26/ringgit-slightly-up-against-us-most-other-major-currencies
Ringgit steady at RM4.77 amid weak sentiments: The local currency rebounds against the US dollar in early Monday trade as the greenback dips.
freemalaysiatoday.com/category/business/2024/02/26/ringgit-steady-at-rm4-77-amid-weak-sentiments/
Russia economy: Russia says it will retaliate against asset confiscation: Leaders of the Group of Seven are set to discuss how to legally seize $300 billion in ...
businessinsider.com/russia-economy-west-lose-assets-direct-investment-russia-retaliates-seizure-2024-1
China is warily eyeing the US and EU’s pursuit of “collective economic security”: But Beijing is aiming for the same goal, even if it doesn't call it as such
qz.com/china-us-eu-collective-economic-security-1851259466
Paid articlePaid
VOA: US, allies propose diverse strategies to confiscate Russian assets for Ukraine’s reconstruction
euromaidanpress.com/2024/02/15/voa-us-allies-propose-diverse-strategies-to-confiscate-russian-assets-for-ukraines-reconstruction/
The Best Gaming Monitor Deals Right Now (February 2024) - IGN: These are the very best gaming monitor deals right now.
ign.com/articles/the-best-gaming-monitor-deals
Belgium proposes G7 to use frozen Russian assets to benefit Ukraine: The Belgian government has proposed the Group of Seven (G7) countries a plan that will see ...
pravda.com.ua/eng/news/2024/02/4/7440334/
Quick Glance: Belgium's Proposal: Using Frozen Russian Assets for Ukraine
- Belgium proposes plan to use frozen Russian assets for Ukraine's benefit.
- The plan envisions using Russian assets as a backstop for repaying debt raised by Ukraine's allies.
- The coalition supporting Ukraine would demand repayment from Russia or seize frozen Russian sovereign assets.
- Belgium's proposal aims to find a compromise between different viewpoints within the EU and the G7.
US tightens sanctions on Russian diamond imports: Latest news from Ukraine today. US tightens sanctions on Russian diamond imports. Follow updates on Euromaidan ...
euromaidanpress.com/2024/02/08/us-tightens-sanctions-on-russian-diamond-imports/
Giorgia Meloni: AI, Africa to be key G7 issue for Italy: Supporting African development and tackling the dangers posed by artificial intelligence (AI) will be ...
wionews.com/videos/giorgia-meloni-ai-africa-to-be-key-g7-issue-for-italy-676782
Quick Glance: Italy PM Georja Meloni Emphasizes Strong Partnerships in Africa
- Italian Prime Minister Georja Meloni stressed the importance of partnerships and investments in African countries to curb migration flows.
- The EU's Migration and Asylum Pact improved the situation for Italy, but does not represent a solution.
- Meloni emphasizes the need for cooperation, strategic relationships, and investments in Africa to defend the right not to emigrate.
- Italy will emphasize support for Africa's development and the dangers of artificial intelligence during its G7 presidency.
Central banks must keep interest rates high, warns OECD: UK forecast to have the highest inflation in the G7 and the fourth worst rate of growth in the G20
thetimes.co.uk/article/oecd-g20-economy-interest-rates-central-bank-england-5z5vsqqc8
Paid articlePaid Meloni Touches on AI’s Potential to Wipe Out Middle Class, Pledges Support for Ukraine
japannews.yomiuri.co.jp/world/europe/20240205-166848/
Jeremy Hunt should ignore the IMF’s tax cut warning: Hunt shouldn't pay any attention to the IMF. It has consistently underestimated UK growth ...
spectator.co.uk/article/jeremy-hunt-should-ignore-the-imfs-tax-cut-warning/
After a tepid sales year, jewelers are expecting a hotter engagement season in 2024. In recent months, diamond prices have even started to rise again ... Show more #diamanten #juwelier #schmuck #diamant
Samsung Odyssey Neo G7 32-Inch Curved 4K 165 Hz Monitor Drops to $717: The Samsung Odyssey Neo G7 monitor is available at Amazon for $717, one of its best prices ...
tomshardware.com/monitors/samsung-odyssey-neo-g7-32-inch-curved-4k-165-hz-monitor-drops-to-dollar717
The rich keep getting richer in China and Russia: The BRICS countries now represent a bigger share of global GDP than the G7
qz.com/china-russia-millionaires-private-wealth-brics-1851209299
Paid articlePaid Africa and the dangers posed by artificial intelligence will be two of the key themes for Italy during its one-year presidency of the Group of Seven ... Show more
New report: These six EU countries are still refusing to give Ukraine security guarantees - Selenskyj-Büro
berliner-zeitung.de/news/neuer-bericht-diese-sechs-eu-laender-verwehren-der-ukraine-noch-sicherheitsgarantien-selenskyj-buero-li.2171198
G7 gets closer to handing over Russian frozen assets to Ukraine – FT: About US$300 billion of Russian sovereign assets have been frozen in Europe and the US for ...
pravda.com.ua/eng/news/2023/12/16/7433372/
Quick Glance: US Finds Legal Route to Seize Russian Assets for Ukraine's Benefit
- The United States has stated in G7 discussions that there is a lawful way to confiscate sovereign Russian assets.
- G7 members and other affected states could confiscate Russian sovereign assets as a countermeasure to end Russian aggression.
- The FT reports that the discussions indicate that confiscating Russian assets could become a source of aid for Ukraine.
- According to a US source, Washington is actively negotiating the use of Russian sovereign assets and believes a decision can be reached quickly.
Because of frozen assets: Russia threatens retaliation: The West confiscated $300 billion in Russian central bank assets. The G7 states want to use this to ...
businessinsider.de/politik/wegen-eingefrorenem-vermoegen-russland-droht-mit-vergeltung/
Reuters: Italy seeks to use G7 chair to boost support for Ukraine: Italy will use its presidency of the Group of Seven (G7) this year to challenge the ...
kyivindependent.com/reuters-italy-seeks-to-use-g7-chair-to-boost-support-for-ukraine/
Reuters: Ukraine starts to rebuild towns and cities amid Russia’s war : Latest news from Ukraine today. Reuters: Ukraine starts to rebuild towns and cities amid ...
euromaidanpress.com/2024/01/20/reuters-ukraine-starts-to-rebuild-towns-and-cities-amid-russias-war-EFBFBC/
U.S. Envoy Says Frozen Russian Assets Could Be 'Easy' Ukraine Funding: The U.S. special envoy for Ukraine's economic recovery said Monday that tapping frozen ...
themoscowtimes.com/2024/01/16/us-envoy-says-frozen-russian-assets-could-be-easy-ukraine-funding-a83732
Zelensky to virtually meet G7 leaders as Ukraine faces big risk of losing war due to delayed US aid
wionews.com/world/zelensky-to-virtually-meet-g7-leaders-as-ukraine-faces-big-risk-of-losing-war-due-to-delayed-us-aid-666809
Japan pledges $4.5B more in aid for Ukraine, including $1B in humanitarian funds: Japan’s Prime Minister Fumio Kishida has pledged $4.5 billion to Ukraine ...
abcnews.go.com/International/wireStory/japan-pledges-45b-aid-ukraine-including-1b-humanitarian-105455306
Quick Glance: Japan Commits $4.5B Aid for Ukraine
- Japan pledged $4.5B, including $1B in humanitarian aid.
- The $1B aid includes funding for generators and mine clearing.
- The remaining $3.5B includes credit guarantees for World Bank loans.
- Japan is discussing easing weapons export restrictions to provide equipment for Ukraine.
Japanese Leadership Looking back at the G7 summit: Find out about Japan’s role on the world stage through the prism of the G7 Summit via wide-ranging discussions ...
plus.reuters.com/japanese-leadership-looking-back-at-the-g7-summit
Italy Becomes Leader of G7 Reforms in Ukraine for 2024: The ambassador of Italy takes his turn leading G7 Ambassadors for the Reforms in Ukraine Group ...
kyivpost.com/post/26298
Italy takes over chairmanship of G7 Ambassadors' Group in Ukraine: Pier Francesco Zazo, Italian Ambassador to Ukraine, has taken over the chairmanship of the ...
pravda.com.ua/eng/news/2024/01/1/7435401/
Washington puts forward G7 plan to confiscate $300bn in Russian assets: Proposal would accelerate preparations in time for a February summit to show solidarity ...
ft.com/content/d206baa8-3ec9-42f0-b103-2c098d0486d9
S. Korea's private spending in Q3 grows at slower clip than G7: SEOUL, Jan. 1 (Yonhap) -- South Korea's private spending in the third quarter gr...
en.yna.co.kr/view/AEN20240101001300320
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