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The Latest Breaking News from Kristalina Georgieva

IMF's Georgieva Says 'Some Pain' May be Necessary to Fight Inflation

The head of the International Monetary Fund on Friday underscored the importance of fighting inflation now to shore up the prospects for economic growth in the future, warning that doing so could cause "some pain" to consumers in the short run. "Success over time (in lowering prices) will be beneficial…

Asharq Al-Awsat

Penny savings: taking the measure of money at the Ashmolean museum

The Oxford museum’s Heberden coin room holds antique cash objects from around the world. As we test our faith in digital cryptocurrencies, what can we learn from its collection?

The Guardian - UK

Davos 2022: IMF chief says food export bans 'only making crisis worse'

This year's World Economic Forum in Davos has been dominated by the war in Ukraine and its implications on the global economy. With the drop in grain exports from the region, concern is growing over a looming food crisis. FRANCE 24's Business Editor Kate Moody spoke to IMF Managing Director…

France 24

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Globalization's cheerleaders grasp for new buzzwords at Davos

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Reuters

IMF's Georgieva: 'Trend of fragmentation is strong'

International Monetary Fund Managing Director Kristalina Georgieva on Wednesday said she worries less about the risk that the war in Ukraine and a further slowdown in China might trigger a global recession than she does about the strength of the trend toward economic and political fragmentation.

Reuters

Ukraine war weighs heavy as apocalyptic mood shrouds Davos

From a warning of third world war to global stagflation or depression, gathering is unsurprisingly sombre

The Guardian - UK

Davos gathering overshadowed by global economic worries

The risks to the global economy are leading to an increasingly gloomy view of the months ahead as corporate leaders, government officials and other VIPs gather at the World Economic Forum meeting in Davos, Switzerland

The Independent UK

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Davos 2022: IMF chief Georgieva urges action on food crisis

The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong…

France 24

Global economy faces 'biggest test since the Second World War', expert warns

Kristalina Georgieva, head of the International Monetary Fund, said food and energy prices are squeezing households around the world - and central banks are tightening monetary policy to rein in inflation

Daily Mirror

IMF boss warns over food prices and declines to rule out global recession

Speaking at Davos, Kristalina Georgieva says anxiety about food prices is ‘hitting the roof’

The Guardian - UK

IMF chief does not expect recession but it isn't 'out of the question'

International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world's major economies but also cannot rule one out.

Reuters

IMF chief warns of multiple inflationary shocks amid market jitters

Kristalina Georgieva cites Russia’s war in Ukraine and cost pressures caused by China’s zero-Covid policies

The Guardian - UK

Ukraine's president discusses need for financial support with IMF's Georgieva

Ukrainian President Volodymyr Zelenskiy said on Monday he had discussed the need for financial support for Ukraine's economy during a video conference with International Monetary Fund Managing Director Kristalina Georgieva.

Reuters

IMF's Georgieva tests positive for COVID-19, has mild symptoms

International Monetary Fund Managing Director Kristalina Georgieva has tested positive for COVID-19, the IMF said on Thursday, following marathon meetings last week with global finance leaders in Washington.

Reuters

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The Independent UK

War significantly disrupting Ukraine’s food production and posing threat to global food security, UK warns

MoD issues stark warning amid concerns conflict could cause food shortages in Africa and Middle East

Reuters

Argentina will not modify $45 billion debt with IMF -finance minister

Argentine economy minister Martin Guzman said late on Friday that a $45 billion debt deal with the International Monetary Fund will not be modified, following a meeting with IMF head Kristalina Georgieva.

The Guardian - UK

Elon Musk secures $46.5bn as he prepares hostile bid for Twitter – as it happened

Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis

Al Jazeera

IMF chief warns of global risks from prolonged China slowdown

Kristalina Georgieva says Beijing has room to take measures to support world’s second-biggest economy.

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The Guardian - UK

US, UK and Canada walk out of G20 meeting over war in Ukraine

Sources say US Treasury secretary and BoE governor among those to leave as Russian delegates spoke

The Independent UK

IMF, World Bank chiefs warn of debt squeeze in poor nations

The heads of the International Monetary Fund and the World Bank are warning that rising interest rates are squeezing the world’s poorest countries as they struggle with the coronavirus and soaring food prices

Al Jazeera

Timeline: Week eight of Russia’s war in Ukraine

Al Jazeera recaps key events during week eight of Russia’s invasion of Ukraine.

The Guardian - UK

IMF head warns rising food and fuel prices strain family budgets ‘to breaking point’ – as it happened

IMF managing director Kristalina Georgieva says ‘double crisis’ from Ukraine war and Covid is ‘a massive setback for the global recovery,’ as the fund says it’s open to emergency financing for nations facing food insecurity

Asharq Al-Awsat

Citing Russia’s War, IMF Cuts Global Growth Forecast to 3.6%

The International Monetary Fund on Tuesday downgraded the outlook for the world economy this year and next, blaming Russia's war in Ukraine for disrupting global commerce, pushing up oil prices, threatening food supplies and increasing uncertainty already heightened by the coronavirus and its variants. The 190-country lender cut its forecast…

The Times of India

Nirmala Sitharaman discusses geopolitical issues with IMF chief; highlights India's efforts to support growth

WASHINGTON: Finance minister Nirmala Sitharaman on Tuesday discussed a range of issues, including the current geopolitical situation and its economic impact, with IMF chief Kristalina Georgieva, and highlighted the Indian government's commitment to support growth through capital expenditure.

The Guardian - UK

UK GDP growth to slow to worst in G7 in 2023, says IMF – as it happened

Live rolling coverage of business, economics and financial markets as global growth forecasts downgraded amid Ukraine invasion and inflation

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