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The Latest Breaking News from Kristalina Georgieva

Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency funds

Venezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial support for recovery. These funds will aid affected communities and rebuild essential public services. Thousands of people were injured, rescued, and left homeless by the disaster. Relief operations continue with international rescuers…

The Economic Times

US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in France

Global economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but the war's economic impact persists. Central banks have raised interest rates. G7 nations aim to avoid conflict with U.S. President Donald Trump, focusing on narrower economic issues.…

The Economic Times

IMF chief says no global slowdown in sight yet, but risks are high

The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios…

The Economic Times

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The passion and resurrection of Kaja Kallas

In her weekly newsletter, Euronews’ Europe editor Maria Tadeo reports on the week from hell for the EU’s top diplomat and her plan to salvage the European diplomatic service, plus Pope Leo’s apostolic journey in Spain and the Eurogroup meeting in Luxembourg.

Euronews

Newsletter: EU’s historic migration overhaul enters into force

In this newsletter: Exclusive interviews with IMF Managing Director Kristalina Georgieva and the European Commissioner for Migration Magnus Brunner.

Euronews

Russia 'lost standing’ despite ‘a breather’ from higher oil prices, IMF chief says

While Russia has emerged as one of the very few winners from the recent disruptions to the global oil market amid the Iran war, this is not enough to offset the hit of sanctions and isolation, the managing director of the International Monetary Fund (IMF) told Euronews.

Euronews

IMF warns against further relaxation of euro area fiscal rules

The IMF has urged euro area countries to tighten their fiscal policies rather than relaxing them further in response to the energy crisis, with an extra adjustment effort required from high-debt nations.

Euronews

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Reeves rightly fears the bond market, but she can afford to ditch one unhelpful rule

The chancellor has wisely vowed to drive down the annual deficit, but long-term defence investment must not be delayed

The Guardian - UK

Trump's war and rhetoric are drowning out the IMF's growth agenda

Also: All the news and watercooler chat from Fortune.

Fortune

Fuel shortages likely ‘for some time’ and economic growth downgraded due to Iran war, IMF warns

IMF director warns of lasting economic damage around the world – even if the fragile ceasefire holds

The Independent UK

'No return to normal': IMF warns of lasting economic damage from Iran war

The IMF is cutting its global growth forecast, preparing €42.9bn in emergency aid and warning that 45 million people face food insecurity.

Euronews

IMF chief warns that Iran war will slow global economic growth

The Iran war is darkening the outlook for the world economy — whether or not a fragile ceasefire holds, the head of the International Monetary Fund warned Thursday

The Independent UK

Head of IMF says Iran war will permanently scar global economy even if peace is reached

Kristalina Georgieva says even ‘most hopeful scenario’ will lead to growth downgrade and cause permanent hit to living standards

The Guardian - UK

Oil and gas crisis from Iran war worse than 1973, 1979 and 2022 together, says IEA

Oil prices swing and stock markets tense on approach to Trump’s deadline for Iran to reopen strait of Hormuz

The Guardian - UK

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Euronews

European markets dip as oil prices soar and European gas prices jump

Leading European stock market indexes started the week with a big sell-off, following a major drop across Asian markets and surging oil prices, as the Middle East crisis escalates further.

The Guardian - UK

Why an Iran war inflation shock could wreck global economic recovery

Central bankers and economists warn prolonged conflict could raise retail prices and rip up growth forecasts

The Guardian - UK

Brent crude hits $90 as Kuwait ‘starts cutting oil production’; shock as US economy loses 92,000 jobs in February – as it happened

Huge miss in US jobs report suggests labor market weakening, as Middle East crisis drives oil price higher and higher

Fortune

Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more

The best time to chip away at the national debt and balance the budget is now, when the economy is strong, says the IMF. Trump’s trade tariffs are making that difficult.

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The Conversation

Worried AI means you won’t get a job when you graduate? Here’s what the research says

The head of the International Monetary Fund, Kristalina Georgieva, has warned young people will suffer the most as an AI “tsunami” wipes out many entry-level roles in coming years.

The Guardian - UK

AI must augment rather than replace us or human workers are doomed

Tech could lose its social acceptance unless it makes people’s lives better – and trade unions want an urgent conversation

Fortune

AI productivity gains are making the rich richer, and they'll wipe out jobs—but the IMF chief sees a silver lining for low-wage workers

Kristalina Georgieva sees an economic spillover effect brewing.

Fortune

An AI ‘tsunami’ is coming for young workers, IMF chief warns

Kristalina Georgieva is worried about Gen Z and the middle class: “This is moving so fast, and yet we don’t know how to make it safe [and] inclusive.”

The Guardian - UK

Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF

Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out

The Independent UK

Economic leaders at Davos say global growth is resilient despite disruption from Trump

Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in a world where trade will continue to flow and international cooperation is…

International Business Times UK

Do You Have These Once-Valuable Work Skills That Are Rapidly Losing Pay Power as AI Takes Over?

From data entry to basic copywriting, five skill categories are seeing sharp drops in market demand as AI transforms the global workforce.

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