The head of the International Monetary Fund, Christine Lagarde, has expressed concern about the market power wielded by the US technology giants and called for more competition to protect economies and individuals. Bitcoin tools could make finance system safer, says IMF boss Read more“Competition is needed. It used to be the right answer, but when most of the assets are intangible, how do you break them up? Although the UK economy has performed better than the IMF expected prior to the EU referendum in June 2016, Lagarde said there had been a negative impact from Brexit. “The cloud of uncertainty that covers the British economy is one reason the UK is not enjoying the same upswing as other advanced countries.

Source: The Guardian April 19, 2018 17:15 UTC