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☆ IMF's Kammer: Positive outlook on Europe, soft landing expected
▼ + stars: | 2024-05-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIMF's Kammer: Positive outlook on Europe, soft landing expectedAlfred Kammer, director of the European department at the IMF, speaks to CNBC's Karen Tso at the IMF's Spring Meetings.

Persons: Alfred Kammer, Karen Tso Organizations: IMF Locations: Europe

But next semester, he and his fearless students are shaking things up by turning their attention to Taylor Swift. Sean Kammer wanted his legal writing course to draw on music and art to help his students reconsider legal language and craft persuasive arguments. Political Cartoons View All 1240 ImagesCourses on Swift, Rick Ross and Succession supplement traditional law school courses with fun and accessible experiences that professors say they often didn’t have themselves. “It was never my experience that I walked out of a law school classroom excited about what I had learned,” Ivory said. Bella Andrade, a junior at Arizona State University, looks forward to her class on the psychology of Taylor Swift every week.

Persons: Taylor Swift, Sean Kammer, ” Swifties, Swift, Rick Ross, Moraima, Mo ” Ivory, “, ”, ” Ivory, could’ve, Luke Padia, I’m, Steve Sadow, ” Frances Acevedo, she's, Ross, Kinitra Brooks, Brooks, Bella Andrade, Andrade, Cathy Hwang, Hwang, it’s, ” Hwang, Sharon Johnson Organizations: DES, University of South Dakota Knudson School, Law, Georgia State University College of Law, Michigan State University, Brooks, Arizona State University, University of Virginia, Press Locations: DES MOINES, Iowa, Dakota, Ross, Lawrence , Kansas, Pembroke Pines , Florida, Minneapolis, Atlanta

☆ ECB must keep rates at or near 4% through 2024 to get inflation down -IMF
▼ + stars: | 2023-11-08 | by ( ) www.reuters.com time to read: +3 min

"Monetary policy is appropriately tight and needs to remain so in 2024," Kammer told a news conference. "For all intents and purposes, (the deposit rate) should be held at that level or close to that level throughout 2024." Kammer warned the ECB against cutting rates too soon because that would require even more costly policy tightening later on. While the IMF sees price growth back at target in 2025, an exceptionally tight labour market could push this date back to 2026, it warned. Real wages also have some way to go catch up with inflation and this could also keep up the price pressure, the IMF said.

Persons: Ralph Orlowski, Alfred Kammer, Kammer, Balazs Koranyi, Mark Potter Organizations: European Union, European Central Bank, REUTERS, Rights, International Monetary Fund, ECB, IMF's European Department, IMF, Thomson Locations: Frankfurt, Germany, Gaza

FRANKFURT, Germany (AP) — The European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they're sure inflation is under control despite sluggish growth, the International Monetary Fund said Wednesday, warning against “premature celebration” as inflation declines from its peak. Alfred Kammer, director of the IMF's Europe department, warned against “premature celebration" as he spoke to journalists in connection with the outlook. The European Central Bank has raised its benchmark deposit rate by fully 4.5 percentage points between July 2022 and September 2023, from minus 0.5% to 4%. If inflation falls faster than expected, it will boost consumer real income and spending and growth might improve. But an escalation of Russia's war against Ukraine and accompanying increased sanctions and disruptions to trade could mean weaker growth.

Persons: Alfred Kammer, Kammer, “, ” Organizations: European Central Bank, International Monetary Fund, ECB, IMF, Ukraine Locations: FRANKFURT, Germany, Europe, Washington, Israel, Gaza

“But it’s not.”Kammer's course, The Taylor Swift Effect, planned for the spring semester looks to be the first law school class based on the sequined musical icon. After attending a Swift concert in Minneapolis in June, Kammer said he was inspired to develop the writing-intensive class, available to second- and third-year law students. Pop culture-focused law classes are not uncommon, and they can create a public relations buzz for the schools that offer them. Boston University law professor Jessica Silbey, who co-authored a textbook on pop culture and the law, said students tend to be more engaged when they study subjects such as sports, new technology and celebrities. The University of California at Berkeley this week announced an upcoming business course based on Swift’s entrepreneurship.

Persons: Sean Kammer's, Taylor Swift, ”, Kammer, it’s, Taylor, Rick Ross, Jessica Silbey, Swift, ” Kammer, Read, Trayveon Williams, Karen Sloan Organizations: University of South, University of Virginia School of Law, Georgia State University College of Law, Boston University, South Dakota Law, University of California, Stanford, Stanford , New York University, University of Texas, Bengals, Thomson Locations: University of South Dakota, Minneapolis, Berkeley, Stanford ,

☆ The Kremlin says Russia isn't scared of more sanctions because it's so used to them
▼ + stars: | 2023-10-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russia has adapted to living with sanctions, Kremlin spokesperson Dmitry Peskov told the press, per TASS. Peskov said Russia has been living with sanctions for decades and isn't afraid of more restrictions. AdvertisementAdvertisementIt's been 20 months since the West and its allies started slapping a barrage of sanctions against Russia for invading Ukraine — but the Kremlin doesn't seem too shaken up about the restrictions. AdvertisementAdvertisementBeyond regular businesses, the Kremlin's wartime spending has been a key contributor to Russia's economy — and that spending is driving an economic boom. While Russia's economy appears to be chugging along, the International Monetary Fund, or IMF, is muted about the country's prospects.

Persons: Dmitry Peskov, Peskov, —, Vladimir Putin's, Alfred Kammer Organizations: IMF, Service, European Union, Bloomberg, International Monetary Fund Locations: Russia, Moscow, Ukraine, Soviet Union, Crimea

☆ Strange, life-like doll destined for the dumpster turned out to be rare antique that sold for $66,000 at auction
▼ + stars: | 2023-06-10 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +2 min

A doll on the verge of being thrown away was sold for more than $60,000 at auction earlier this week. The German antique "Kammer & Reinhardt" doll is from around 1910. The doll of a small boy is from Germany from about 1910 and is called the "Kammer & Reinhardt Walter 102 bisque antique character." Antique Kammer & Reinhardt doll. According to the BBC, the seller told the auction house: "The doll belonged to my grandmother, who passed away 30 years ago.

Persons: Reinhardt, —, Reinhardt Walter Organizations: Service, US, Vectis Auctions, ITV News, Vectis Auctions Ltd, BBC Locations: Germany, Vectis

☆ IMF's Kammer: Further ECB tightening is required to defeat inflation
▼ + stars: | 2023-04-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIMF's Kammer: Further ECB tightening is required to defeat inflationAlfred Kammer, director of the European department at the International Monetary Fund, says core inflation is persistently high and "there's nothing worse than pausing an inflation-fighting effort too early … because if you need to do it a second time, the costs to the economy are so much larger."

☆ Europe's banking system is sound — but we shouldn't get complacent: IMF
▼ + stars: | 2023-04-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEurope's banking system is sound — but we shouldn't get complacent: IMFAlfred Kammer, director of the European department at the IMF, discusses the region's economic outlook and the strength of its banking sector with CNBC's Joumanna Bercetche.

☆ IMF's Alfred Kammer: Outlook for Europe has darkened considerably
▼ + stars: | 2022-10-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIMF's Alfred Kammer: Outlook for Europe has darkened considerablyAlfred Kammer, director of the European Department at the IMF, tells CNBC's Geoff Cutmore the outlook for Europe has darkened considerably.

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