IMF Warns Ongoing War in Europe Will Have a ‘Severe Impact on the Global Economy’

IMF Warns Ongoing War in Europe Will Have a 'Severe Impact on the Global Economy'In a report published on Saturday, the International Monetary Fund (IMF) has warned that an ongoing war in Europe and associated sanctions will have a “severe impact on the global economy.” The IMF’s report says there is “extraordinary uncertainty” in the air, and the international financial institution believes “economic consequences are already very serious.” IMF’s […]

Go to Source

Powered by WPeMatico

IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money

IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as MoneyDigital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial institution. IMF Chief Georgieva Marks Top Issues for Policymakers Exploring CBDCs […]

Go to Source

Powered by WPeMatico

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications

Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency ImplicationsOn Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC […]

The post Monetary Stability: The IMF and Fed Chair Jerome Powell Discuss Digital Currency Implications appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’

As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, and she stressed today’s economic hardships are the same as the difficulties the world faced […]

The post The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’ appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed

IMF Says Recession Is Here, 80 Countries Request Help, Trillions of Dollars NeededThe International Monetary Fund (IMF) has declared that we have entered a global recession — one that is as bad as or worse than the previous global financial crisis. 80 countries have already requested emergency assistance from the IMF. Meanwhile, the G20 has reported fiscal measures totaling some 5 trillion dollars or over 6% of […]

The post IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico