The managing director of International Monetary Fund (IMF), Kristalina Georgieva, affirmed this Wednesday that the world economy has resisted crises better than expected, but warned that low-income countries have done worse than expected. “The world economy is better today than we feared a year ago, growth is being maintained, inflation is falling and the expectation […]
Tag: IMF
IMF says that the possibility of selling gold to face emergencies is on the table
The managing director of International Monetary Fund (IMF), Kristalina Georgieva, pointed out this Tuesday that the possibility of her institution selling gold to face emergencies “It’s on the table”, although there is no consensus on the matter. “It is a topic where some of our members firmly believe that selling gold is really the last […]
IMF urges China to implement reforms to benefit the market
The International Monetary Fund (IMF) called on China to implement “a comprehensive set of market-friendly reforms” to stimulate an economy sluggish in the face of the crisis real estateweak domestic demand and high youth unemployment. Chinese policymakers are reluctant to boost the economy with massive stimulus measures, insisting on the need to opt for growth […]
France and the US want development banks to finance nuclear energy
France and USA They lead an initiative for international financial organizations to intervene so that development banks finance the development of the nuclear energy, which requires enormous and very long-term investments. This proposal will be one of the priorities of the French president, Emmanuel Macron, at the summit on nuclear energy organized on Thursday in […]
One year after the second largest bank failure in the US, vulnerability persists
One year after the collapse of Silicon Valley Bank (SVB)which was the second largest bank failure in the history of USA, Vulnerability persists in the regional banking sector, which is very sensitive to the trajectory of interest rates, and another entity of this type is now in trouble. SVB, the sixteenth largest bank by assets […]
AMLO affirms that Mexico grows by rejecting recommendations from the IMF and the WB
The Mexican president, Andrés Manuel López Obradorstated this Wednesday that the country’s economy has grown during his mandate for having rejected the recommendations of the International Monetary Fund (IMF) and the World Bank (WB). “We did not follow the recommendations of the International Monetary Fund because they led us to a deep economic and social […]
Why there will be many jobs in the future, even with artificial intelligence
In the early 1960s, when the computer revolution was taking its first steps, a committee of scientists and social activists sent an open letter to the president of the United States, Lyndon B. Johnson. “The cybernetic revolution”they said, will create “a separate nation of the poor, unskilled and unemployed” that they will not be able […]
Ukraine faces multiplication of Russian attacks in the east and south
Ukraine This Tuesday, it faces a multiplication of Russian attacks on the eastern front and in the south, after President Volodymyr Zelensky warned of an “extremely difficult” situation for his forces, lacking sufficient ammunition. The Russian offensives come as Ukraine marks the 10th anniversary of the deaths of dozens of protesters in kyiv during the […]
War in Gaza and attacks in the Red Sea threaten global economy, according to IMF and WB
He International Monetary Fund and the World Bank warned this Monday that the war Loop and attacks against merchant ships in the Red Sea They pose a threat to the world economy. The managing director of IMFKristalina Georgieva said at the World Government Summit in Dubai that the war in Gaza between Israel and the […]
Gaza’s economy shrinks by 80% due to war, according to IMF director
The managing director of the International Monetary Fund (IMF), Kristalina Georgievaconsidered the impact of the war on “horrific” Loopwhose economy “has shrunk by 80% since the start of the war” and by “22% in the West Bank.” This was stated by Georgieva within the framework of the World Government Summit (WGS), a forum of global […]