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The Latest Breaking News from Kristalina Georgieva

IMF Slightly Downgrades US Economic Forecast For 2024

The IMF said Thursday it expects the US economy to grow a bit more slowly than previously forecast, while praising the way it has remained "robust, dynamic, and adaptable to changing global conditions."

International Business Times

IMF boss warns AI "tsunami" could devastate global jobs market

International Monetary Fund Managing Director warns that 2-3 in five jobs could be affected by AI.

TechRadar

IMF promises Pakistan ‘immediate’ release of $1.1bn loan after key meet

Pakistan seeks another long-term IMF programme to support its ailing economy but experts say focus must be on reforms.

Al Jazeera

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IMF Warns Of Stubborn Inflation And Rising Government Debt

IMF chief raises concerns about global economy resilience, focusing on inflation, debts, and productivity challenges.

Top News

IMF Chief Urges Attention To War-ravaged Yemen, Sudan

International Monetary Fund chief Kristalina Georgieva on Thursday drew attention to the suffering in Yemen and Sudan, both plagued by civil wars and often overshadowed by the plight of other countries.

International Business Times

Russia’s war in Ukraine remains barrier to growth, says IMF chief

Kristalina Georgieva says Kyiv will need $42bn of financial support this year as G7 considers ways to use seized Russian assets

The Guardian - UK

Debt And Climate Back On IMF, WB Spring Meetings Agenda

The spring meetings of the International Monetary Fund and the World Bank are due to open Tuesday, with two clear objectives: help countries combat climate change, and assist the most indebted nations.

International Business Times

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Are the octogenarian IMF and World Bank sprightly enough for the job?

Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week

The Guardian - UK

Morning Digest | CSDS-Lokniti 2024 pre-poll survey: BJP has an edge, but a tough fight is possible; Arrest of Rameshwaram Cafe blast accused triggers war of words between TMC and BJP

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on April 13, 2024

The Hindu

Georgieva Reappointed For Second Term As IMF Managing Director

Kristalina Georgieva reappointed as IMF managing director for her strong leadership and commitment to global economic stability.

Top News

'Robust' US Has Helped Improve Global Economic Outlook, IMF Chief Says

Strong growth in the United States has helped to lift the outlook for the world economy, but more needs to be done to stem a slide in productivity, the head of the IMF said Thursday.

International Business Times

IMF Chief Georgieva Sole Candidate In Reelection Process

The International Monetary Fund confirmed Thursday that its current managing director is the only candidate to lead the global financial institution once her first term expires later this year.

International Business Times

China’s Xi meets foreign business leaders amid jitters over economy

Meeting comes as Beijing seeks to woo foreign investment after a challenging few years for world’s No 2 economy.

Al Jazeera

IMF Chief Urges Central Bank Independence Amid Rate-Cut Pressures

Georgieva stresses the importance of central bank independence in the face of political pressures to cut rates during election cycles.

Top News

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The Guardian - UK

Talk of a soft landing for the global economy is premature – many dark scenarios are lurking

Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street

International Business Times

IMF Chief Georgieva Says 'Available To Serve' For Second Term

The managing director of the International Monetary Fund has told AFP she is making herself "available to serve" for a second five-year term running the Washington-based financial institution, shortly after she received the backing of European finance ministers.

The Guardian - UK

Tackling inequality vital for next century of growth, IMF head says

Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold

The Guardian - UK

Kristalina Georgieva wins backing to run for second term as IMF chief

Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine

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The Guardian - UK

Budget 2024: UK taxes head for highest level since 1948 despite Hunt’s NI cut

Borrowing and stealth taxes fund £14bn giveaway, but public spending squeeze looms after election

Top News

IMF Chief Georgieva Focused On Current Role, Not Future Plans

IMF chief, Kristalina Georgieva, emphasizes focus on current responsibilities and global economic challenges at G20 summit.

Top News

IMF: Russia's War Economy to Face Tough Times Ahead

The International Monetary Fund's Chief, Kristalina Georgieva, warns of challenging times ahead for Russia's war economy. Find out more in this informative...

International Business Times

IMF, World Bank Warn Gaza War, Red Sea Attacks Imperil Global Economy

The IMF and World Bank warned on Monday that the Gaza war and the related attacks on shipping though the Red Sea pose threats to the global economy.

Top News

Middle East growth to slow in 2024 due to oil cuts

IMF Managing Director Georgieva predicts slower economic growth in the Middle East in 2024 due to oil production cuts and the crisis in Gaza.

The Guardian - AU

Middle East crisis live: ‘Enough’ hostages alive to warrant war, says Netanyahu – as it happened

Israeli prime minister says country ‘will do our best to get all those who are alive back,’ ahead of expected ground invasion of Rafah

The Hindu

Success of India grounded in pursuit of reforms over last years: IMF MD

The IMF Managing Director praises India's economic success, projecting 6.5% growth in 2024, emphasizing reforms, digital advancements, and female participation.

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