Market Talk

When the IMF talks, it’s best to sit up and take heed

24th January, 2016
Irish oil players are still holding out hope that the slump in prices won’t last Bloomberg

The IMF have been friends of Ireland since they were forced to dig into their deep pockets and bail us out. When it came to reducing the interest rates on the loans they gave us and on paying them back early, they were onside. Even when it came to wanting to burn senior bondholders, they had our back (though it came to nothing).

Which is why it is important to read with a bit of...

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