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from Global Markets Forum Dashboard:

GMF on the Road: IMF/World Bank spring meetings 2014

The Global Markets Forum kicked off our annual IMF/World Bank spring meetings coverage in Washington this past week with an engaging and varied guest list for our members, who were able to hear and participate in interviews with Institute of International Finance President and CEO Tim Adams and Federated Investor’s Geoffrey Pazzanese on global fiscal policy and markets; World Bank economist Hans Timmer on the Ukraine and Europe; and the Atlantic Council’s Jason Healey and Chris Brummer of Georgetown University on bitcoin and the future of digital currency.

Lant Pritchett of Harvard University’s Kennedy School of Government and Breakingviews columnist Christopher Swann also helped shed insight on one of the most popular topics at the IMF and World Bank meetings this year -- Rising Africa -- and the main developmental and investing challenges.

Adams, a native of Kentucky, provided highlights of global fiscal and monetary policy, the U.S. Fed and even college basketball and the University of Kentucky’s “thrilling season.” Adams told the Global Markets Forum that he thinks now is the right time for the Fed to being the tapering process, while it may yet be premature for Europe and Japan."[T]here is the risk that central bankers, especially the Fed, miscalculate the necessary needed pace of exiting QE. That miscalculation will certainly pose a risk not only this year, but next year," Adams said.

World Bank economist Hans Timmer

Hans Timmer, chief economist for Central Asia and Europe with the World Bank, joined us on Thursday for a LiveChat and said both regions still need loose monetary policy to spur growth because those economies are still weak and to keep in line with similar monetary policies of other nations

from Mark Jones:

Post Rwanda: Invest in atrocity prevention http://t.co/J8DwI9DzVJ

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Post Rwanda: Invest in atrocity prevention http://t.co/J8DwI9DzVJ

from Walden Siew:

GMF on the Road: IMF/World Bank spring meetings 2014

The Global Markets Forum kicked off our annual IMF/World Bank spring meetings coverage in Washington this past week with an engaging and varied guest list for our members, who were able to hear and participate in interviews with Institute of International Finance President and CEO Tim Adams and Federated Investor’s Geoffrey Pazzanese on global fiscal policy and markets; World Bank economist Hans Timmer on the Ukraine and Europe; and the Atlantic Council’s Jason Healey and Chris Brummer of Georgetown University on bitcoin and the future of digital currency.

Lant Pritchett of Harvard University’s Kennedy School of Government and Breakingviews columnist Christopher Swann also helped shed insight on one of the most popular topics at the IMF and World Bank meetings this year -- Rising Africa -- and the main developmental and investing challenges.

from Walden Siew:

GMF on the Road: IMF/World Bank spring meetings 2014

The Global Markets Forum kicked off our annual IMF/World Bank spring meetings coverage in Washington this past week with an engaging and varied guest list for our members, who were able to hear and participate in interviews with Institute of International Finance President and CEO Tim Adams and Federated Investor’s Geoffrey Pazzanese on global fiscal policy and markets; World Bank economist Hans Timmer on the Ukraine and Europe; and the Atlantic Council’s Jason Healey and Chris Brummer of Georgetown University on bitcoin and the future of digital currency.

Lant Pritchett of Harvard University’s Kennedy School of Government and Breakingviews columnist Christopher Swann also helped shed insight on one of the most popular topics at the IMF and World Bank meetings this year -- Rising Africa -- and the main developmental and investing challenges.

from MuniLand:

Puerto Rico government stumbles on teacher pension reform

The Puerto Rico government encountered a stumbling block in its efforts to right a sinking fiscal ship on Friday when its Supreme Court ruled that legislation amending the teacher’s pension system was unconstitutional. Reuters reports:

The Puerto Rico Supreme Court on Friday struck down a recently enacted overhaul of teachers' pensions, dealing a major blow to efforts to fix the Caribbean island's crumbling economy and budget.

from Reuters FYI:

An eclipse and wedding bills

Turn around! It's a total eclipse of - the moon

Grab some redeye coffee: a lunar eclipse will be visible from North America beginning at 1:58 a.m. EDT Tuesday.

 

Video: The eye of the (littlest) tigers

The Mini Arctic Man race brings together kids as young as four for heated competition

from Breakingviews:

How China is stoking London’s housing bubble

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By George Hay

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It takes a long trip on the London underground to get to the Aura housing development. From Waterloo Station, 42 minutes tick by until you pull into Edgware, the stop nearest to the half-completed apartment blocks being built on land formerly occupied by a now-bankrupt football club. Attempt the journey at the weekend, when large swathes of the tube are typically shut, and you must make a detour to nearby Canon’s Park station. From there, you face a 15-minute trek taking in a boarded-up pub, a Lidl supermarket and a municipal office block with smashed ground-floor windows. In every sense, you are a long way from what estate agents like to call “prime central London.”

from Global Markets Forum Dashboard:

Should deflation be a bigger worry for Mr. Draghi?

We've been hearing the D-word for the past couple of months and every now and then it comes back to haunt us with a vengeance. But how worried is Mario Draghi compared to how worried the markets are? So far, the head of the ECB has said he doesn’t believe the region is facing an outright fall in prices. "Deflation is a bigger theme right now than slow growth", says Kathleen Brooks, Research Director at Forex.com, adding that "deflation could impact growth down the road, but this the root cause of all the ECB 's problems right now."

A number of ECB policymakers including Jens Weidmann said last week that the risk of broad-based deflation in the euro zone was "very low" and that the economy in the region would pick up, causing the inflation rate to gradually rise. "The ECB is expecting the late timing of Easter to boost prices, as we heard at the last meeting," said Brooks who also added that if the prices stay weak then we could see the "ECB QE mania" overwhelm market sentiment again.

from Full Focus:

Inferno in Chile

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A deadly forest fire devastates the port city of Valparaiso.

from Mark Jones:

America: The anecdotal nation http://t.co/HtKZPMrvIq

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America: The anecdotal nation http://t.co/HtKZPMrvIq

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