It’s that time of year again when the world’s economic and financial luminaries gather in Washington DC for the spring meetings of the IMF and World Bank. Like the larger annual meetings in October, the spring meetings come with a wealth of new reports and research from the two institutions.
They also come with speeches on the sidelines, one of which was delivered at the Peterson Institute this week by Reserve Bank governor Lesetja Kganyago. His comments helped shed light on why the Bank’s monetary policy committee surprised the markets with a higher than expected 50 basis point interest rate hike in March. They gave a flavour of the global inflation and interest rate risks he and emerging market central bankers are worrying about...
Likely..? Pretty much guarantees it....
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Source: dailymaverick - 🏆 3. / 84 Read more »
IMF WORLD ECONOMIC OUTLOOK: SA’s embrace of global pariah Russia could have serious foreign direct investment consequencesSouth Africa is increasingly embracing Russia, a global pariah, and China on the geopolitical stage. This could have serious consequences as the country tries to attract raised levels of foreign direct investment (FDI). According to the International Monetary Fund, FDI flows are increasingly being directed to ‘geopolitically close countries’. Don't lie! KremlinRussia_E is NOT a global pariah! 🤷🏾 Our friends.......We are BRICS Who is this 'global pariah' but enjoys the support of majority of people on this planet 😂 Can there ever be better evidence of racist colonial Euro-centric arrogance in our MSM?
Source: dailymaverick - 🏆 3. / 84 Read more »
Ramaphosa: SA seeing 'undeniable surge' in energy investmentAs the country flickers through stage 6 load shedding, President Cyril Ramaphosa says there has been an undeniable surge in investment in South Africa's energy sector. ECRNewsWatch Ramaphosa
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ENOCH GODONGWANA: SA’s economic reforms will fuel an accelerated pace of investmentPresident Ramaphosa’s vision for reshaping the economy and critical reforms attract local and international investors to SA, paving the way for sustained growth and development When ? EGodongwana
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SA Investment Conference | President Ramaphosa sets another target of R2 trillionVIDEO | President Cyril Ramaphosa has set another target of R2 trillion worth of investment until 2028. The President was speaking at the start of the fifth SA Investment Conference underway at the Sandton Convention Centre in Johannesburg this morning. Will this include the billion or so to provide uninterrupted electricity? CyrilRamaphosa Yeah sure CyrilRamaphosa “Ramaphala phala” where is the PROOF of the other trillion that was supposedly received previously, people are starting to wake up to your idiocy, corrupt and vile GovernmentZA The puppet he is dancing again to the pipers pipe!
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