IMF (Australia) Ltd has been established for over 10 years and provides funding for commercial cases where the damages claimed exceeds $5 million. IMF listed on the ASX in 2001. IMF has funded some of Australia's most high profile class action cases including Aristocrat, Centro, Pan Pharmaceuticals, AWB and the Bank Fees class actions. Over the last 10 years, IMF has recovered over $1 billion in damages for its clients.
“With a comprehensive package of pro-market reforms, China could grow considerably faster than a status quo scenario,” said IMF Managing Director Kristalina Georgieva.
At the Singapore FinTech Festival last week, IMF managing director Kristalina Georgieva made the case for central bank digital currencies (CBDCs) in her keynote address.
Asian equities were mostly lower as South Korea underperformed after their short sale ban yesterday, while Taiwan and the Philippines managed small gains.
The IMF’s chief economist said it is too soon to say how fighting between Hamas and Israel may impact the global economy, though it had proven “remarkably” resilient to other shocks like the Covid-19 pandemic and Russia’s war in Ukraine.
As finance ministers and central bank governors prepare to gather in Marrakech, Morocco next week, the need to cooperate more, embrace multilateralism, and fix the shaky global economy has rarely been greater.
Last week, the International Monetary Fund and the Financial Stability Board published a joint report advising against implementing blanket bans on crypto-asset activi...
The IMF’s analyses of “implicit energy subsidies” seem certain and precise. That perception is misleading. Climate science is not settled but the IMF acts as if it is.
Buckle up. The global economy is likely to be worse in 2023 than it was in 2022. Here’s why and how it might impact your investments over the next year.