IMF

International Monetary Fund Managing Director Kristalina Georgieva has issued a dire warning about the potential ramifications of the AI revolution on the global job market. What Happened: Georgieva, in a speech at the Swiss Institute of International Studies in Zurich, cautioned that the AI...

“I recommend investing in Argentina” — a few words from Elon Musk on social media platform X bolstered Argentine assets to new heights, underscoring investor confidence under new President Javier Milei’s administration. The Global X MSCI Argentine ETF (NYSE:ARGT), which tracks the...

International Monetary Fund (IMF) deputy chief Gita Gopinath raised concerns about the United States’ burgeoning public debt, emphasizing the urgency of reducing the federal deficit from its current 7% of GDP. “The U.S. is running [a] very large deficit for a country with a strong...

The International Monetary Fund (IMF) has raised concerns about a small number of hedge funds that now hold significant control over the U.S. Treasury futures market. “A concentration of vulnerability has built up, as a handful of highly leveraged funds account for most of the short...

Investors remain on edge as geopolitics continue to shape market trends, with Israel mulling a response to Iran while the U.S. and key allies explore further sanctions against Tehran. U.S. major averages display mixed performances as of midday trading Tuesday. The S&P 500 holds steady at 5,200...

To gain an edge, this is what you need to know today. Extraordinary Move In Treasuries Please click here for an enlarged chart of 20+ year Treasury bond ETF (NASDAQ: TLT). Note the following: The chart shows that TLT has fallen below the support/resistance zone. This prior support zone has...

The U.S. economy is projected to outshine its advanced counterparts in the coming years with a notable upward revision in its growth forecasts, according to the April 2024 World Economic Outlook. The forecast predicts a 2.7% growth for the U.S. in 2024 — an improvement by 0.6 percentage points...

Argentine stocks experienced a surge on Thursday following rumors that the country is in discussions with the International Monetary Fund (IMF) for a new program. This initiative aims to secure additional funding, accelerating Argentina’s departure from its stringent capital controls, as...

Olivier Blanchard, a renowned economist and former chief economist at the International Monetary Fund (IMF), has voiced serious concerns about the potential for a fiscal crisis in the U.S., attributing the risk to the country’s significantly expanded deficits and a political climate resistant...

Unlocking necessary funding to grow its economy might cost El Salvador and President Nayib Bukele the abandonment of Bitcoin (CRYPTO: BTC). According to Bank of America economist Alex Muller, El Salvador is in pursuit of a deal with the International Monetary Fund (IMF), which can provide the...

Fears of a severe economic downturn are fading as economic growth continued to outpace expectations, and on Tuesday, the International Monetary Fund (IMF) backed up hopes of a soft landing in its quarterly report. The Washington, D.C.-based IMF said economic resilience seen in the second half of...

The annual congregation of the world’s most influential figures at the World Economic Forum (WEF) in Davos has kicked off, bringing together global leaders. From the future of artificial intelligence and climate change to labor market dynamics and geopolitical tensions, this year’s...

In a startling revelation, the International Monetary Fund (IMF) has predicted that artificial intelligence (AI) will have a significant influence on nearly 40% of jobs worldwide, with advanced economies expected to bear the brunt of this impact. What Happened: A recent Bloomberg report ...

Argentine President Javier Milei raised the stake on Thursday, announcing plans to dismantle “sooner or later” the country’s central bank. This radical remark, revealed in an interview with Radio La Red, aligns with Milei’s ultra-libertarian ideology and fulfills a bold...

El Salvador’s financial landscape has witnessed a notable improvement recently, with its dollar-denominated sovereign bonds showcasing an impressive rally. The country’s government bond, due in June 2035 with a 7.65% annual coupon, surged more than 200%, rising from 25 cents on the...