WGC/Goldhub: H1 gold demand down 6 percent at 2,076t
London, July 30 (HNA) – Record inflows into gold-backed ETFs offset weakness in other sectors, with consumer demand hit by Covid-19, according to the World Gold Council data, released on…
OECD – Donors agree on aid treatment of debt relief
London, July 30 (HNA) – Members of the OECD Development Assistance Committee (DAC), comprised of 29 donor countries and the EU, have agreed on a method for reporting debt relief…
IMF Blog: If ever there was a time for anti-corruption reforms, it is now.
London, July 29 (HNA) – Corruption, the abuse of public office for private gain, is about more than wasted money: it erodes the social contract and corrodes the government’s ability…
ECB extends recommendation for banks not to pay dividends
London, July 28 (HNA) – The European Central Bank (ECB) today extended its recommendation to banks on dividend distributions and share buy-backs until 1 January 2021 and asked banks to…
IMF Blog: Dominant currencies pricing limit exchange rate flexibility
London, July 26 (HNA) – The International Monetary Fund (IMF) published a new blog, on dominant currencies and exchange rate flexibility, written by Gustavo Adler, Gita Gopinath, and Carolina Osorio…
IMF Executive Board reviews the Fund’s income position
Washington, July 25 (HNA) The Executive Board of the International Monetary Fund (IMF) completed its annual review of the Fund’s income position for the financial year ending April 30, 2020…
WTO report : Members moving to facilitate imports
London, July 24 (HNA) – While import-restrictive measures introduced by WTO members continued to affect a growing share of global trade, the Director-General’s latest mid-year report on trade-related developments presented…
OECD-Covid-19 is causing activity to collapse and unemployment to soar
London, July 24 (HNA) – As the effects of the pandemic and containment measures hit OECD economies, millions of people have been unable to go to work, resulting in an…
WTO/Azevêdo: We’ve achieved a lot, but much remains to be done
London, July 24 (HNA) – In his farewell remarks to the General Council, Director-General Roberto Azevêdo reflected on the achievements secured during his seven years at the helm of the…
IMF Board increases access limits to financial support
London, July 22 (HNA) – The Executive Board of the International Monetary Fund (IMF) approved a temporary increase in the annual limits on overall access to resources in the General…