WASHINGTON, D.C., UNITED STATES (SEPTEMBER 18, 2017) (IMF TV) – Bank of England Governor Mark Carney said on Monday (September 18) that Brexit is likely to hurt Britain’s growth prospects in the short term and push up inflation as the country adjusts to life outside the European Union. Continue reading
Speaking at the Council of the Americas, IMF Managing Director Christine Lagarde says China needs to keep trying to rebalance its economy away from commodity-intensive investment but also must be careful to safeguard “demand and financial stability.”
(Reuters Business Report) – Don Quixote: a Spanish literary hero famous for tilting his lance at imaginary foes – like windmills.
Austerity though – that’s seen as a very real enemy.
Many Spaniards in solidarity with ordinary Greeks.
European Parliament President Martin Schulz doubts Greek banks will reopen this week, calls for emergency humanitarian aid for Greece and demands the government make meaningful proposals on its debt to stave off ‘dramatic’ times.