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The Latest Breaking News from Kristalina Georgieva

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

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

The Guardian - UK

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

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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...

Top News

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.

International Business Times

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.

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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 Guardian - AU

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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.

The Hindu

IMF Says Central Banks Should Not Rush Into Rate Cuts

The IMF sees a greater risk to the global economy if central banks start cutting interest rates too soon than if they move "slightly" too late, Managing Director Kristalina Georgieva said Thursday.

International Business Times

IMF Authorizes $4.7 Bn For Argentina After Milei's 'Bold' Reforms

The International Monetary Fund on Wednesday approved a fresh $4.7 billion for Argentina, praising the new administration of President Javier Milei as he enacts "bold" cost-cutting to bring the country's ailing economy back on track.

International Business Times

Casting their shadow: how Trump, Putin and AI dominated talk at Davos

Neither man was present at World Economic Forum where Labour impressed global business chiefs

The Guardian - UK

Argentina's 'Anarcho-Capitalist' President Descends On Davos

Argentina's self-styled "anarcho-capitalist" leader, Javier Milei, will address the global elite in Davos on Wednesday as the eccentric libertarian seeks to restore confidence in his country's economy in his first trip abroad as president.

International Business Times

The Development Of Artificial Intelligence Is Threatening 40% Of Jobs Worldwide

As world leaders discuss new AI regulation laws, an investigation found that the technology is set to affect almost half of the industries on a global scale.

International Business Times UK

AI will affect 40% of jobs and probably worsen inequality, says IMF head

‘Crucial’ that countries build social safety nets to mitigate impact on workers, says Kristalina Georgieva

The Guardian - UK

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The Hindu

AI will impact 40% of jobs globally, says IMF chief

Artificial intelligence presents both risks and opportunities for job security and global growth, according to the IMF chief.

Evening Standard

Artificial intelligence will affect 40% of jobs globally, warns IMF

The International Monetary Fund said nations need to be prepared to harness AI but also lessen its impact on inequality.

International Business Times

IMF Chief Says AI Holds Risks, 'Tremendous Opportunity' For Global Economy

AI will affect 60 percent of jobs in advanced economies, the International Monetary Fund's managing director, Kristalina Georgieva, said in an interview in Washington, shortly before departing for the annual World Economic Forum in Davos, Switzerland.

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IMF's Georgieva and Yellen to Hold Talks with Egypt

Get the scoop on the upcoming meeting between IMF Chief Georgieva and US Treasury Secretary Yellen with Egyptian authorities. It's a rendezvous of economic...

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news in one place.

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The Guardian - AU

Russia-Ukraine war: Russia has damaged or destroyed almost every building in Avdiivka, new report says – as it happened

All 17 of city’s educational institutions hit in major assault by Russia, Centre for Information Resilience says

The Guardian - UK

Argentina’s new government devalues peso by more than 50%

Package of spending cuts introduced in attempt to tackle country’s worst economic crisis in decades

Al Jazeera

Russia-Ukraine war: List of key events, day 657

As the war enters its 657th day, these are the main developments.

The Guardian - UK

Carbon pricing would raise trillions needed to tackle climate crisis, says IMF

Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28

France 24

Israel-Hamas war a 'new cloud darkening' the global economy, IMF says

Speaking during a meeting in Marrakech, the International Monetary Fund's managing director said the war between Israel and Hamas was a "new cloud" that was "darkening" the global economic outlook. Kristalina Georgieva said her organisation was monitoring the situation "very closely", although it was too soon to say what specific…

The Guardian - UK

Shocks are new normal for weakened global economy, says IMF head

Kristalina Georgieva says fund had been conducting ‘thinking the unthinkable’ scenario-planning before Israel-Hamas war began

Radio France Internationale

IMF, World Bank hold first meetings in Africa in 50 years

The IMF and World Bank gather in Morocco Monday for their first annual meetings on African soil in 50 years, under pressure to reform to better aid poor nations blighted by debt and climate change.

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