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“ - 3 Gita Gopinath - 1 Christine Lagarde - 1 ’ - 1 Giorgia - 1 Lucrezia Reichlin - 1 Riccardo Marcelli Fabiani - 1 Price - 1
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Search resuls for: "M.F"


8 mentions found


☆ Eurozone Inflation Slows, but Underlying Price Pressures Persist
  + stars: | 2023-06-30 | by ( Patricia Cohen | ) www.nytimes.com   time to read: +4 min
Growth is expected to pick up, but further increases in interest rates could act as a brake on the economy. France’s annual inflation rate fell to 5.3 percent in June, from 6 percent in May. Germany, the largest economy in Europe, saw a rise in its annual inflation rate to 6.8 percent, up from 6.3 percent in May. Inflation rates in Germany are expected to resume their fall in September. After adjusting for inflation, profits were above their prepandemic level while workers’ compensation was 2 percent below the trend in the first quarter of this year.
Persons: Gita Gopinath, Christine Lagarde, ’, Giorgia, “, Lucrezia Reichlin, Riccardo Marcelli Fabiani, Price, Lagarde Organizations: International Monetary Fund, London Business School, Oxford Economics, Ukraine — Locations: Sintra , Portugal, France, Italy, Russia, Ukraine, Germany, Europe
☆ The U.S.-China Rivalry Is Complicating the World’s Debt Crisis
  + stars: | 2023-06-26 | by ( Peter S. Goodman | Adriana Loureiro Fernandez | ) www.nytimes.com   time to read: +1 min
and its most influential participant, the United States, also wanted something else: They were adamant that Chinese creditors restructure $545 million in debt — loans Suriname had used to build roads and housing. As scores of middle- and lower-income countries grapple with an intensifying debt crisis, assistance is often held up by conflict between traditionally dominant Western institutions and a significant rising player: China. Its financial institutions dispense loans accompanied by few demands, providing an alternative to the austerity prescribed by the I.M.F. and the Biden administration have balked at providing relief until Chinese financial institutions participate. Otherwise, they assert, Chinese lenders are free-riding on debt forgiveness extended by others.
Persons: —, Biden Organizations: International Monetary Fund, International Monetary Locations: Washington, Suriname, United States, China, Asia, Africa, Latin America
☆ Opinion | The Woman in Charge of Saving Turkey’s Economy
  + stars: | 2023-06-12 | by ( Peter Coy | ) www.nytimes.com   time to read: +1 min
When all hope is lost, hire a woman to take over (and take blame). Studies of the so-called glass cliff have found that companies are more likely to bring women on as chief executives or directors when business is bad. Now there’s Hafize Gaye Erkan, a former Wall Street banker who has been named the new central bank governor of Turkey. It “has consistently supported Ukraine politically and militarily without alienating Russia economically,” Yevgeniya Gaber, a nonresident senior fellow at the Atlantic Council in Turkey, wrote recently. Turkey also has the world’s 19th-largest economy, with a gross domestic product of nearly $1 trillion a year, according to the World Bank.
Persons: Linda Yaccarino, Hafize Gaye Erkan, Brad Setser, ”, “, Yevgeniya Organizations: Wall Street, Council, Foreign Relations, Central Bank of, NATO, Atlantic Council, World Bank, International Monetary Fund Locations: Turkey, Republic of Turkey, Ukraine, Russia
☆ Opinion | My Father Taught Me the Benefits of Delusion
  + stars: | 2023-06-03 | by ( Beth Raymer | ) www.nytimes.com   time to read: +2 min
As Dad got older and the impact of his choices grew more dire, he kept his Floridian mind-set alive. When he blew through his 401(k), he got right to work on his new retirement plan: the Florida Lottery. I was there to help him pack and was reminded of the first house we rented in Florida, in 1984. It, too, had a furry green pool. And now, all these years later, Dad didn’t either.
Persons: Dad, “, that’s, bedsheets, Shania Twain, sunbathed, Dad didn’t Organizations: Florida, Plattner Automotive, Columbia Locations: Paradise, Florida, Manhattan
☆ Opinion | The Impossible Math of the Debt Deal’s Detractors
  + stars: | 2023-05-29 | by ( Peter Coy | ) www.nytimes.com   time to read: +2 min
Even the cuts in the debt ceiling deal would be a mild retardant for economic growth. in 2021, compared with 115 percent for the United States, and Japan seems to be doing OK. (Those numbers are somewhat exaggerated because they include debt held by other parts of the government, not just debt held by the public.) At that point, an uncomfortably large portion of federal spending has to be devoted to paying interest on the debt. That brings up the second thing that’s wrong with the right wing’s condemnation of the debt ceiling deal. The drama around the debt ceiling deal, which is far from over, is intense because negotiators are trying to achieve something that is impossible.
☆ What Your Therapist Doesn't Tell You
  + stars: | 2023-05-17 | by ( Amy X. Wang | Illustrations Liana Finck | ) www.nytimes.com   time to read: +8 min
What Your Therapist Doesn’t Tell You A dozen counselors on what it’s really like to sit in the other armchair. “ ‘I need to pee so bad.’ Clients don’t realize that we have five minutes between sessions and sometimes making it to the bathroom is not possible.” — Jessa White, L.M.H.C.A. You can’t do psychotherapy if a person doesn’t feel safe — there’s no way that’s going to happen. But it’s frustrating too, because as a therapist, you feel you can’t really offer what you signed up for.” — Gabriela Sehinkman, Ph.D., L.I.S.W.-S. To me, therapy is very much like dating, except, you know, obviously you don’t really want to date the person.” — Thien Pham, L.M.F.T.
☆ Opinion | China’s Lending Practices Are Not a Good Look
  + stars: | 2023-04-19 | by ( Peter Coy | ) www.nytimes.com   time to read: +1 min
This is undoubtedly a factor in China’s diminished standing in the world. Playing ball really would promote “peace and development for all humanity” while winning China some badly needed friends in the world. The explanation for China’s tough stance is discouraging for the short term but possibly encouraging for the long term. But there are signs that China’s leaders will eventually come around to seeing the value of working with the I.M.F. “In more and more countries, Suriname and elsewhere, we’re starting to see more coordination between the People’s Bank of China, the I.M.F.
☆ ​​How Russia Pays for War
  + stars: | 2022-10-30 | by ( Lazaro Gamio | Ana Swanson | ) www.nytimes.com   time to read: +17 min
Invasion –84% Imports from Russia –20% Germany Current total trade $4.8 billion Since invasion –3% Exports to Russia Avg. Invasion –51% Imports from Russia +38% The Netherlands Current total trade $2 billion Since invasion +32% Exports to Russia Avg. Invasion –52% Imports from Russia +74% China Current total trade $15 billion Since invasion +64% Exports to Russia Avg. Invasion +24% Imports from Russia +98% India Current total trade $3.3 billion Since invasion +310% Exports to Russia Avg. Invasion –19% Imports from Russia +430% Turkey Current total trade $6.2 billion Since invasion +198% Exports to Russia Avg.
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