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2017

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COMMENTARY South Africa 'must call in IMF'

Mon 24 Jul Read More

COMMENTARY South Africa 'must call in IMF'

While much of the world economy appears to be on the mend, South Africa is in trouble. Per capita income is declining and the economy is in recession for the second time in eight years. To restore investor confidence, Finance Minister Malusi Gigaba should consider calling in the IMF, writes Desmond Lachman.

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COMMENTARY: EU still offers example for Asean

Fri 21 Jul Read More

COMMENTARY: EU still offers example for Asean

The European experiment is under pressure, tested by the rise of nationalist politics. But for Asean, the EU still serves as an example of what might one day be possible, even if they have not tread identical paths towards union. The diversity of economies in Asia has meant embracing flexibility over rigidity.

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COMMENTARY: 'The return of hard power'

Wed 19 Jul Read More

COMMENTARY: 'The return of hard power'

Military spending is rising in many parts of the world, notably Asia and the Middle East. China’s outlay is estimated to have gone up by 120% since 2007. Small countries, too, are more focused on military issues. This signal about the changing global environment should be taken seriously, writes David Skilling.

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COMMENTARY: Onus is on Africans

Mon 17 Jul Read More

COMMENTARY: Onus is on Africans

Citizens have a key role to play in improving African leadership, writes Kingsley Moghalu. As Ameena Gurib-Fakim, the president of Mauritius, has said, the onus is on Africans: 'People have to start asking the right questions. Politicians, leaders, policy-makers in normal democracies are all accountable to the people.'

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COMMENTARY: Folly of leaving EU customs union

Fri 14 Jul Read More

COMMENTARY: Folly of leaving EU customs union

Of the many claims about Britain’s exit from the European Union, the most odd is that leaving the EU customs union opens the door to a massive expansion of exports, writes Denis MacShane. This is an illusion and the UK should tell the EU now that leaving the customs union is not a priority.

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NEWS: Green finance for Global Public Investors

Thu 13 Jul Read More

NEWS: Green finance for Global Public Investors

A new OMFIF report, 'Green finance for Global Public Investors', addresses the impact of climate change on financial markets, and the implications for public investors. Introduced by Wolfgang Schäuble, German finance minister, it features commentators from European governments, sovereign funds and development banks.

 

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NEWS: Low-carbon transition is indispensable

Thu 13 Jul Read More

NEWS: Low-carbon transition is indispensable

A financial system that facilitates the transition to a low-carbon economy is 'indispensable', according to Jens Weidmann, Deutsche Bundesbank president, opening an OMFIF seminar on green finance and the role of public investors in the development of the market at the Bundesbank's Frankfurt regional headquarters.

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NEWS: Markets 'must act' on climate change

Thu 13 Jul Read More

NEWS: Markets 'must act' on climate change

In a keynote speech at OMFIF's seminar on green finance held in Frankfurt at the Bundesbank's regional headquarters, Michael Meister, deputy German finance minister, said that it was time to understand that climate change may be as much a matter for financial markets as was the financial crisis. 

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