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IMF increasingly worried about ‘material’ impact of climate change on economies

by AIP Online Bureau | Jul 25, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News

IMF Chief Economist Pierre-Olivier Gourinchas said extreme weather events, including heat waves facing Europe and other regions, and this year’s El Nino weather pattern, which could lead to heavy rainfall or temperatures, would affect crop yields and the ability...
India calls for global coordination to effectively regulate cryptocurrency

India calls for global coordination to effectively regulate cryptocurrency

by AIP Online Bureau | Apr 25, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology, Wealth Management/ Philanthropy

Nirmala Sitharaman,Union Finance Minister “The underlying principle is because the digital currencies are completely digitalised and technology-driven, the technology, which is very distributed, and sometimes identity is very difficult to be established, but...
India & China to account for half of global economic growth in 2023, says IMF chief

India & China to account for half of global economic growth in 2023, says IMF chief

by AIP Online Bureau | Apr 7, 2023 | Eco/Invest/Demography, International News, Pandemic, Policy

The period of slower global economic activity will be prolonged, with the next five years witnessing less than 3 per cent growth, “our lowest medium-term growth forecast since 1990, and well below the average of 3.8 per cent from the past two decades,” IMF...

India asks IMF, FSB to prepare technical paper on regulating crypto

by AIP Online Bureau | Feb 26, 2023 | Eco/Invest/Demography, Indian News, Regulation, Technology, Wealth Management/ Philanthropy

Despite the rapid evolution of the crypto universe, there is no comprehensive global policy framework for crypto assets. Given the concerns over greater interconnectedness between crypto assets and the traditional financial sector as well as the complexity and...
India & China to account for half of global economic growth in 2023, says IMF chief

IMF flags debt restructuring hurdles, says banning crypto should be an option

by AIP Online Bureau | Feb 25, 2023 | Eco/Invest/Demography, International News, Regulation, Technology

“We have to differentiate between central bank digital currencies that are backed by the state and stable coins, and crypto assets that are privately issued,” Georgieva said. “There has to be very strong push for regulation… if regulation fails, if...
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