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The Latest Breaking News from Kristalina Georgieva

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

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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

Remittances to Ukraine to jump over 20 percent: World Bank

Washington (AFP) - Payments from workers living abroad to low- and middle-income countries are expected to rise 4.2 percent this year, with Ukraine as the main beneficiary of the increase, the World Bank said Wednesday.

AFP

IMF chief tests positive for Covid-19

Washington (AFP) - IMF Managing Director Kristalina Georgieva has tested positive for Covid-19, a spokesman said Thursday, stressing she had only "mild symptoms."

AFP

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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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

The Independent UK

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.

Reuters

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

The Guardian - UK

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.

Al Jazeera

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 Guardian - UK

US leads G20 boycott of Russian finance officials

Washington (AFP) - US Treasury Secretary Janet Yellen led a multinational group of finance chiefs on a walkout Wednesday as Russian officials spoke during a meeting of the G20, in the latest protest by Western nations over Moscow's invasion of Ukraine.

AFP

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

The Independent UK

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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.

AFP

G20 finances chiefs convene amid threats of Ukraine boycott

Washington (AFP) - Finance officials from the world's richest countries are convening on Wednesday to address global challenges like rising debt and a possible food crisis -- if they can overcome boiling tensions over 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…

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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

The Hindu

Nirmala Sitharaman meets IMF chief; discusses impact of geopolitical situation on global growth

Kristalina Georgieva also appreciated India's help to Sri Lanka in tackling its economic crises and assured that the IMF would continue to actively engage with the island nation

The Hindu

Cryptos and a CBDC are not the same thing

The central bank must note that a Central Bank Digital Currency can only be a fiat currency and not a crypto

The Guardian - US

Will Biden ever stand up to the IMF’s abuses of power?

The IMF claims to deliver stability, strength, and solidarity. Its record shows the opposite

Wales Online

President Zelensky calls for quicker sanctions from West and outlines Donbas fears - full speech in English

He was speaking on the 53rd day of the Russian invasion of his country

France 24

Russia has launched its offensive in Ukraine's east, says Zelensky

Russia's anticipated new offensive in Ukraine's eastern Donbas region has begun, Ukrainian President Volodymyr Zelensky announced Monday. Ukraine's top security official said earlier that Russia had launched the "second phase" of the war, with Russian forces attempting to break through defences in the Donetsk, Luhansk and Kharkiv regions but had…

Reuters

Zelenskiy, IMF managing director discuss Ukraine's 'post-war reconstruction'

Ukrainian President Volodymyr Zelenskiy said on Sunday he spoke with IMF Managing Director Kristalina Georgieva about Ukraine's financial stability and the country's post-war reconstruction.

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