Alessandro Leipold
@ALeipold
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Senior Fellow @UniLUISS SEP & @CapitalClubDC Board. Former Economic Counsellor at @lisboncouncil, and @IMFnews Executive Director for Italy & staffer.
Washington, DC
Joined December 2011
IMF MD says #Trump tariffs “clearly represent a significant risk to the global outlook at a time of sluggish growth.” Restrained wording, set to harden when members gather for upcoming spring meetings. Keep a lookout for the #WEO.
imf.org
Washington, DC – April 3, 2025: Today, IMF Managing Director Kristalina Georgieva issued the following statement on yesterday’s announcement of U.S. tariffs:
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#MEF annuncia nuovo sito. Dice che è “working progress”. Forse intende “work in progress”? Ma che lo dica in italiano…
mef.gov.it
Veste grafica rinnovata, navigazione semplice, diretta e accessibile. È online il nuovo portale MEF (https://www.mef.gov.it/) che cambia volto per valorizzare il vasto patrimonio di informazioni,...
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My wife figured it out: #COP stands for Climate: Optional Participation @COP28_UAE #COP28 #climate #energy #renewables
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Grim (but sadly realistic) piece by @sobel_mark on the “somber affair” of the Marrakech IMF-WB meetings. One big cloud is “America’s disgraceful political dysfunction” - a significant (though certainly not the only) obstacle to needed reforms. @OMFIF
omfif.org
Failing progress on key global challenges
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“The strategies that ensured Europe’s prosperity and security in the past—reliance on America for security, on China for exports and on Russia for energy—have become insufficient, uncertain or unacceptable.” (Mario Draghi)
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Meet the Class of 2022 Inductees for the Susan M. Daniels Disability Mentoring Hall of Fame! This year, we’re specifically recognizing mentors & organizations that support mentees' mental health and wellness.
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Hard-hitting @lisboncouncil critique of @ThierryBreton’s “retro vision, taking Europe back to the future” in telco regulation, seen as “seeking answers in Europe’s murky, un-liberalised telco past.” By @kkomaitis and @PaulHofheinz.
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.@FTAlphaville on day after the drop-dead debt ceiling date: “There is unlikely to be a big bang either in markets or the economy. But if a financial crash doesn’t happen it might make matters worse by emboldening the holdouts in Congress.” Bold they are.
ft.com
Will the end of “extraordinary measures” lead to financial Armageddon or not?
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Clinging at straws. @PaoloGentiloni: “For me, this is good news & I will work to give the news positive development.” The good news? Germany’s commitment to discuss proposed new EU fiscal rules constructively despite clear differences of opinion.
bloomberg.com
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The view from Elliott Capital et al. “The root causes of sovereign debt defaults: corruption, weak governance & domestic institutions, refusal to forego borrowings in foreign currencies.” Then why lend to them in the first place?
ft.com
Once, twice, three times a Brady
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Presenterò un disegno di legge affinché nei programmi elettorali sia indicato il costo delle misure promesse dai partiti e relative coperture (compreso eventuale deficit). Forse non andrà lontano ma migliorerebbe la trasparenza della politica. Se concordate ritweettate per favore
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One to agree with @MESandbu on: “Monetary independence is overrated, and the euro is riding high.”
ft.com
Old misgivings about the currency are increasingly unpersuasive — it is becoming more attractive by the day
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“Without a debt brake the dam would break” - @c_lindner Germany rejects push for fresh EU borrowing to battle energy crisis https://t.co/dASWDQFOiR
@GuyChazan @Sam1Fleming
ft.com
Finance minister Christian Lindner says it is cheaper for many countries to raise their own debt
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Guess it’s “Grazie, Liz.” @FTLex says @GiorgiaMeloni has learned from Liz Truss’s fiscal disaster. Also, how the “ottobrata” (warm October weather) is lending a helping hand.
ft.com
Italy’s new prime minister knows that keeping markets onside is wise considering the country’s finances
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IMF’s Economic Counsellor @pogourinchas: The price shock is not transitory. There are risks in both over tightening and under tightening of monetary policy. The strength of the $ is also a major challenge. One response: increase access to precautionary funding from the @IMFNews.
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Here they are. The @IMFNews latest forecasts. As they say, enjoy… https://t.co/rSb1RoU8y8
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.@martinwolf_ doesn’t mince words. On Truss and Kwarteng: “These people are mad, bad and dangerous. They have to go.” @FT
https://t.co/Uwptq5Vmof
ft.com
Hoping that reality will adapt to your desires is folly: Britain needs stable and credible policies, not zealotry
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Good piece from Daniel Gros. Europe Should Brace for Surprises. A New Debt Crisis Probably Isn’t One of Them. https://t.co/8Sy9SNO0Of via @BarronsOnline
barrons.com
More than a decade of low interest rates abetted by massive central-bank bond buying has covered up many vulnerabilities, writes Daniel Gros.
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