What Global Finance Chiefs Are Saying About the Global Economy

In particular, the IMF is worried that markets might be underestimating the threat of an inflation shock in the U.S., where the Trump administration is increasing fiscal stimulus with the economy at or near full employment. A surge in inflation might force the Federal Reserve to raise interest rates faster than
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Kim said the increase will allow the bank to ramp up lending to an average of $100 billion a year through 2030, from $60 billion in 2017 and an … Donald Trump has argued that multilateral lending institutions should graduate countries that have grown enough to finance their own development, like
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Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. During these times, companies such as Garda
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After getting fired from his job in New York, Cole Zucker booked a one-way ticket to Shanghai, in search of adventure in a country where he knew no one and spoke no Chinese. After three years, he became fluent in the language, found a business partner, and returned to the U.S. to start Green Creative,
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Transcripts of Federal Open Market Committee meetings indicate concerns about house prices and home-equity extraction as early as 2001. Charles Kindleberger, the celebrated finance historian and author of Manias, Panics, and Crashes, spent the end of his life “cutting out newspaper clippings that
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Berlin: Malcolm Turnbull has admitted making a political mistake in rejecting a royal commission into the banks for more than 18 months, taking responsibility for the call but insisting he was right to put a priority on new laws to protect customers. In his first public response to last week's furore over the
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A Massey University banking expert says she is confident the big Australian banks operate differently in New Zealand to the way they do across the Tasman, which she calls … Claire Matthews says she does not believe NZ needs to conduct an inquiry into banks similar to what Australia is doing. Source:
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WASHINGTON: World Bank shareholders approved a “historic” increase in the bank's lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said neither China nor any
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Increasing government investment for the infrastructure development is estimated to provide good opportunities for the market. An increasing real estate market is also driving factor for growth. Changing Government regulations regarding carbon emissions for heavy construction equipment is likely to
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Malcolm Turnbull says starting a banking royal commission two years ago would have helped him politically but he wanted to fix the laws rather than wait for a report. The prime minister originally strongly rejected the need for the investigation into Australia's financial service sector before eventually
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“I wouldn't get too stressed out just yet,” said Rob Subbaraman, head of emerging markets economics at Nomura in Singapore. While his team's measure, which is meant to give a three-months-ahead read on export growth in Asia ex-Japan, has fallen for two months through February, it's still at relatively
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“But the reason I didn't proceed with a royal commission is this: I wanted to make sure we took the steps to reform immediately, and got on with the job.” The prime minister gave a speech at a Westpac function in April 2016 where he tore into the banks for their “unacceptable behaviour” but he refused to
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Both the Insolvency and Bankruptcy Code (Code) and the Real Estate (Regulation and Development) Act, enacted in 2016, appear to be pitted against each other as far as protecting the … Bankruptcy, Real Estate, Assocham, Insolvency and Bankruptcy Code, Associated Chambers of Commerce
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… institutions as elections near and Lopez Obrador's lead has widened to 20.5 percentage point from his nearest opponent in Bloomberg's Poll tracker. … The peso took sharp a dip last week after rallying on news that a deal to rework the North American Free Trade Agreement may be reached within
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Canadian home prices saw modest year-over-year gains in the first quarter of 2018, despite eroding housing affordability and stricter mortgage regulations dampening activity. In the first three months of the year, the aggregate price of a home in Canada rose 6.2 per cent to $605,512 compared to
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Noting the growing presence of Chilean labels in key Asian markets such as Japan and China, he said that “they have a great interest in fine wine.” Chadwick has been building up the reputation of his vineyards since 1983, when his father asked him to restore the fortunes of the company, which was
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Frank Salt Real Estate Group has appointed Robert Delia as the new human resources manager. Mr Delia is an MBA graduate and an experienced HR professional and international trainer with over 20 years' experience in HR management and training. He joins the company from his last role as HR
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Every Wednesday, Melissa Fuller — a mortgage counselor from Arbor development, holds appointments at city hall to assist those at risk settle debts and chart a path to hopefully stay in their homes. “It's much better if they stay there as the process goes through and get some kind of assistance,” Burdett
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Business Bay topped the list, with 973 transactions worth approximately $544m (AED2bn) recorded in Q1. Dubai Marina ranked second, with 720 transactions worth $353m (AED1.3bn.) The number of female investors in Dubai's property market in the first quarter of 2018 was also “exceptionally high”
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