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The Latest Breaking News from Alfred Kammer

Europe Has Too Few Workers and Too Many Retirees. Cutting Immigration Will Make the Math Worse.

Europe’s resistance to immigration is a path to budgetary disaster.

Reason

Stock Index Futures Gain on Hopes for U.S.-Iran Deal, Netflix Sinks on Disappointing Guidance

June S&P 500 E-Mini futures (ESM26) are up +0.23%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.20% this morning as investors take on more risk amid mounting speculation that a deal to end the war between the U.S. and Iran is drawing closer.

Barchart

EU budget needs 'a comprehensive overhaul' to handle shocks, says IMF

EU spending rules have not kept pace with challenges facing the bloc, warned the IMF’s Europe director.

Euronews

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EU, US Should De-escalate And Negotiate Trade Deal: IMF Europe Director

The United States and European Union need to "de-escalate" and "negotiate a deal" to help boost lackluster growth on the continent, the International Monetary Fund's Europe director said Friday.

International Business Times

IMF sounds the alarm: ‘There can be no productive economy’ in Germany without structural change

“A lot has been left behind here over the past decades,” Alfred Kammer, IMF's Europe head, said on Germany's lagging economy.

Fortune

IMF Calls On EU To Deepen Single Market Integration To Boost Growth

Deeper integration of the European Union's internal market could prove crucial for boosting lackluster economic growth and productivity levels in the 27-member trading bloc, a senior IMF official told AFP Friday.

International Business Times

International Monetary Fund warns Europe against prematurely declaring victory over inflation

The International Monetary Fund says the European Central Bank and other policymakers across Europe need to keep interest rates at current elevated levels until they’re sure inflation is under control despite sluggish growth

The Independent UK

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High interest rates may persist, says Bank of England governor

Andrew Bailey says financial markets expect more rate rises amid continuing high inflation

The Guardian - UK

IMF's board seen backing 'food shock window,' aiding Ukraine and others

The International Monetary Fund's board is expected to approve a new "food shock window" in the next few weeks that will allow the global lender to provide emergency funding to Ukraine, the head of the fund's European department said on Thursday.

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