The Latest Breaking News from Kristalina Georgieva

A Kremlin-installed local official said strikes disrupted power in the Zaporizhzhia region

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports

Kristalina Georgieva, managing director of the International Monetary Fund, says fears that “trade is dead” are overblown.

The IMF and World Bank's semi-annual gathering of finance ministers and central bank governors gets underway in Washington on Monday, against the backdrop of new trade threats from the world's two largest economies.

Trump’s latest tariff tantrum and rising fears of an AI bubble have quickly borne out Kristalina Georgieva’s claim that ‘uncertainty is the new normal’

Jamie Dimon, the top boss of the largest bank in the United States said the chances of the U.S. stock market crashing is far greater than many financiers believe.

Major banking institutions are starting to warn of an impending market correction for AI companies and their stock prices. Although not all agree when it'll happen, most suggest it is coming as the major industry players continue to invest in each other, driving up investments and share prices in turn.

Financial institutions are raising concerns about a potential AI investment bubble

The global economy is doing better than expected, even as it faces prolonged uncertainty and underwhelming medium-term growth prospects, the head of the IMF said Wednesday.