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CrashConnoisseur

Telegraph: Emerging Economies Win More Say In I M F Reforms.

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'Emerging economies win more say in IMF reforms':

http://www.telegraph.co.uk/money/main.jhtm.../24/cnimf24.xml

World finance ministers led by Gordon Brown have agreed to the biggest overhaul of the International Monetary Fund since the collapse of the Bretton Woods agreement 30 years ago, amid fears that record oil prices and a plunge in the dollar could end the global economic boom.

The IMF exceeded all its participants' expectations as, late on Saturday night, it voted for radical changes to the way it monitors the world financial system and agreed to give emerging economies such as China and India more say.

Edited by Jeff Ross

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"the IMF's chief policy-making committee, chaired by Mr Brown
[...]
The other change is that, rather than concentrating its economic analysis on single countries, it will look more deeply at economic issues that affect groups of countries."

Does that meet we will see an end to reports and stories like this? :

http://www.thisismoney.co.uk/mortgages/house-prices/article.html?in_article_id=408415&in_page_id=57' rel="external nofollow">
"
THE UK housing market is worringly overvalued following one of the world's biggest property booms, the International Monetary Fund warned yesterday.
"

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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