je.st

Home › imf

Tag: imf

Low fossil fuel prices hindering climate change fight, says IMF

2015-12-03 13:38:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The International Monetary Fund has issued a warning before a meeting of the Opec oil cartel that permanently low fossil fuels are choking off investment in renewable sources of energy and hindering the fight against climate change. Oil prices rallied slightly amid reports later denied that Saudi Arabia plans to announce a 1m barrels a day production cut at the talks in Vienna on Friday. The price of Brent crude was up more than 2% at just under $43.50 in early trading on Thursday. But...

Tags: change low prices fight

VIDEO: The yuan goes in the IMF basket

2015-12-01 01:35:23| BBC News | Business | UK Edition

The BBC's Karishma Vaswani explains the significance of the Chinese currency being included in the IMF basket of reserve currencies.

Tags: the video basket yuan

China's yuan set for IMF reserve status

2015-11-29 14:38:31| BBC News | Business | UK Edition

The International Monetary Fund is expected to announce on Monday that China's currency, the yuan, will join the fund's select group of international reserve currencies.

Tags: set status reserve yuan

IMF to Account for Climate Change in Economic Forecasting

2015-10-29 14:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: The International Monetary Fund is to start factoring in climate change to its macroeconomic models from next year, Climate Home has learned. That means its much-cited World Economic Outlook could expose how moves to curb greenhouse gas emissions threaten growth in oil-exporting countries, for example. The Washington DC-based IMF is the world`s leading authority on financial stability, boasting significant influence in the 188 countries it counts as members. In May, it released a controversial...

Tags: account change economic climate