international monetary fund

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The Chinese weapon to sedate and reassure the financial markets is the Governor of the People's Bank of China (PBOC), Zhou Xiaochuan, who yesterday lived an intense day. The number one of PBOC revived the stock markets after a black Thursday, unfortunately without dispelling the doubts that for

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A double thread links the growing market turbulence in the various regions of the world. This turbulence: the rising uncertainty over the global economic

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Were it not for the meager 0.9 percent growth forecast for Finland, in 2017 Italy—with its 1.3 percent growth of gross domestic product—would be in last place

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The intervention in the offshore currency market of Chinese monetary authorities have had, so far, a double effect: they have effectively erased the

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The massive financial crisis exploded in 2008 because of excessive debt. So, there’s nothing calming in the fact that debt levels today, on a global level, are

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There is not a single central banker in the world that in the coming days will be able to rest quietly or even stay awake without dealing with ghosts. As we approach the last annual meeting of the Federal Reserve’s policy setting committee, anticipation grows for the impact of the first increase in

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The UN conference on climate change taking place in Paris (until Friday) represents an important step towards a new paradigm for global economic growth. Let’s try to identify the trends, players and agendas.

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Sometimes, a common enemy rekindles important friendships. The G20 Summit in Antalya, Turkey, did not produce a plan of extraordinary economic initiatives to support growth that, just a year ago, the leaders had conceived for the world economy. Instead, it set in motion a new geopolitical dynamic

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Once again, German Chancellor Angela Merkel was the most optimistic of all.

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When looked at through the G20 lens—the leaders of which will meet next Sunday in the Mediterranean city of Antalya, Turkey—the global economy reflects three main dynamics.

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Only a smidgen of growth is needed to look at the Italian economic and banking sector with a bit more enthusiasm.The Bank of Italy’s report in the Stability Law published yesterday has lowered most of the fears expressed in April and introduces a bit of cautious optimism. It’s the definitive proof

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Free market versus welfare: the two poles of the 13th five-year plan laid out by the Plenum that just wrapped in the Chinese capital.

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Day after day, it seems increasingly clear how the tax authority’s problems are not just connected to the saga of executives whose mandate is over; it is also connected to the appointments made without a selection process and then declared illegal by the constitutional court.

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In Malta, the meeting of the European Central Bank (ECB) governing council will take place at the same time as the Malta Poker Festival. ECB President Mario Draghi probably prefers chess to poker. But the game he has to play in the Council is anyway a difficult one.

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When a country is afflicted by chronic diseases—such as financial illiteracy and a cultural deficit at the institutional level—it runs the risk of committing the same self-harming mistakes over and over again. This is the case for Italy each and every time that any legal proceeding brings into play