The first job of Rishi Sunak, Britain’s new prime minister and the third in two months, is to unite his crew and steady a ship that has been holed below the waterline. He has to avoid the catastrophic errors of his predecessor Liz Truss. And he needs to stay afloat at least until 2024 when the next general election is due. Sunak will have to develop a political persona to reach the public. He faces a huge challenge. Polls put the Conservative party 30 points behind the Labour opposition.
IMF annual meetings reflected global gloominess By Mark Sobel The annual meetings of the International Monetary Fund and World Bank wrapped up on 16 October. Thousands of delegates packed into innumerable meetings, seeing each other face-to-face often for the first time in years.
MEETINGS Jason Furman on US economic developments and policy Thursday 27 October, Roundtable Jason Furman, chief economist to President Barack Obama and 28th chairman of the Council of Economic Advisers, joins Mark Sobel, OMFIF’s US chairman, to discuss inflation, supply shocks, geopolitical instability and quantitative tightening.
ON DEMAND Team Europe borrowers seminar: a new era for sovereign debt OMFIF brought together the three leading issuers of the European Union – Next Generation EU, the European Investment Bank and European Stability Mechanism – to discuss how they are managing their borrowing programmes.
LATEST REPORT Absa Africa Financial Markets Index 2022 Now in its sixth year, the Absa Africa Financial Markets Index evaluates countries’ financial development based on measures of market accessibility, openness and transparency.
