You Searched For "Kristalina Georgieva" and got 20 results
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2 mins read
IMF boss Georgieva says the US will narrowly avoid recession and the Fed needs to stay the course on hiking interest rates
The US is likely to narrowly avoid falling into a recession, and there's a chance the Fed can nail …
Zinya Salfiti
1 min read
IMF chief says 2023 will be tougher for the global economy than 2022, with a 'bush fire' of COVID-19 infections about to sweep China
Kristalina Georgieva, head of the International Monetary Fund, told CBS News she expects one third …
Kate Duffy
2 mins read
Biden shushes economists' recession warnings: 'Every six months they say this'
A recession is "possible," Biden told CNN's Jake Tapper, but he says Americans don't need to prepar…
Juliana Kaplan
2 mins read
The looming global recession will mean falling income, rising prices, and job losses even worse than expected, IMF director says
The world is set to lose $4 trillion in economic output — the size of Germany's economy — by 2026, …
Ben Winck
2 mins read
Complaints about a labor shortage ignore 5 decades of declining wages
Wages and salaries were 51.6% of GDP in 1969 but have fallen since, to 43.4% in 2019. That means 20…
Ben Winck,Andy Kiersz
3 mins read
April's terrible jobs report shows the 2019 economy is not coming back and that's a problem
Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and …
Hillary Hoffower
4 mins read
America's companies are struggling to hire workers back. It risks derailing the economic recovery.
Fed research suggests stimulus may not fuel a spending boom while jobless claims remain high. Compa…
Ben Winck
2 mins read
Lifting lockdowns is unlikely to boost the economic recovery as long as cases remain elevated, IMF says
Addressing the current health crisis is a "pre-condition to allow for a strong and sustained econom…
Ben Winck
2 mins read
IMF's chief raises emergency lending to $100 billion in response to coronavirus
"If the pandemic fades in the second half of the year-thus allowing a gradual lifting of containmen…
Shalini Nagarajan
3 mins read
Coronavirus wipes USD 50 billion off global exports in February alone
"This also correlates directly to exports and also implies a two per cent drop in overall exports,"…
PTI
2 mins read
The IMF's chief is sounding the alarm, says the AI revolution is striking the job market 'like a tsunami'
"We have very little time to get people ready for it, businesses ready for it," said IMF chief Kris…
Kwan Wei Kevin Tan
2 mins read
BlackRock's COO said he gave his staff a memo written by ChatGPT and they couldn't tell AI wrote it
"No one realized it was actually written by a computer," said BlackRock COO Robert Goldstein.
Kwan Wei Kevin Tan
1 min read
AI will affect about 40% of global jobs: IMF
"In most scenarios, AI will likely worsen overall inequality," said IMF Managing Director Kristalin…
Kwan Wei Kevin Tan
3 mins read
A 43-page IMF report on AI warns of 'profound concerns' about massive labor disruptions and inequality. We asked GPT-4 to summarize it.
GPT-4 concluded the report finds AI presents "significant risks" and recommended policymakers remai…
Dominick Reuter
1 min read
G20 leaders pay homage to Mahatma Gandhi at Rajghat
Day two of if the G20 Summit started with Prime Minister Narendra Modi on Sunday receiving leader…
2 mins read
Generative AI may reduce employee headcount by at least 5% in 2024, some CEOs say
Many CEOs see the potential for AI-led job losses in 2024, a PwC study showed. A quarter of those s…
Aaron Mok
2 mins read
No sign yet of a serious credit crunch - and that could mean there's no stopping the Fed's rate hikes, IMF boss says
"We don't yet see a significant slowdown in lending. There is some, but not on the scale that would…
Zahra Tayeb
2 mins read
The IMF's boss has called for vigilance as risks to financial stability rise after bank turmoil
IMF chief Kristalina Georgieva has warned of another tough year ahead for the world economy, amid i…
Zinya Salfiti
2 mins read
Banking isn't in a crisis - and the sector's challenges will help the Fed to fight inflation, IMF chief says
The banking industry's recent turmoil may tighten credit conditions, helping the Federal Reserve to…
George Glover
2 mins read
Paatram to Madhurima, a millet-rich dinner served at President Murmu’s G20 dinner
Nalanda university ruins, a UNESCO world heritage site in Bihar, was one of the oldest universi…