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Hunt must break free of this tax trap

With his Budget just five weeks away, the Chancellor is being assailed with advice about what he can or should do by outside bodies. The International Monetary Fund (IMF) has told Jeremy Hunt he should not cut taxes, arguing that the country needs to curb public borrowing. Any spare cash should be spent on health, education and tackling climate change, it asserts. Pierre-Olivier Gourinchas, IMF chief economist, said the UK’s focus should be on “the path towards a fiscal consolidation”. ....

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Imf Chief Economist : As Of Now The Impact On Inflation On Europe…

IMF CHIEF ECONOMIST :AS OF NOW THE IMPACT ON INFLATION ON EUROPEAN ECONOMIES IS FAIRLY MODEST DUE TO RED SEA DISRUPTIONS
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-January 30, 2024 at 08:16 am EST
- MarketScreener ....

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World set for soft landing but growth is only limping along: IMF's top economist

In its latest World Economic Outlook report, the IMF retained its global growth forecast for 2023 at 3 percent but lowered it marginally by 10 basis points for 2024 to 2.9 percent ....

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UN Chief Says it's Time to Reform Security Council, Bretton Woods

U.N. Secretary-General calls for reforming Security Council and Bretton Woods to align with today's realities. Learn about the outdated institutions, frustrations of the Global South, and the impact of G7 discussions. ....

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Need steady policymaking, clear communication 'more than ever': IMF chief economist

Pierre-Olivier Gourinchas sees a 15 percent chance of a sharp tightening of global financial conditions dragging down world economic growth to a mere 1 percent in 2023 ....

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