IMF chief Christine Lagarde said Wednesday that major advanced economies were seeing “better news” thanks to cheap oil, currency shifts and low interest rates that encourage investment.”For once in a long time there are clearly some relatively better news on the horizon of the advanced economies. And this has not happened in awhile,” she said in Berlin.”We clearly have a rebound of the US economy, an improvement and good growth showing in the UK, and the euro area is also now turning the corner,” said Lagarde at a joint press conference with German Chancellor Angela Merkel and the heads of …read more
Source: Egypt Independent
