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1 min read

Fragmentation can cost 7% of the global GDP, will face risk if we don't unite now: IMF chief

Asking the world to be pragmatic and collaborate, IMF chief Kristalina Georgieva on Friday said fra…

PTI   


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2 mins read

IMF warns of an increased risk of recession in the next 12 months, says the global economy has 'darkened significantly'

The commodity price shock from the war in Ukraine had exacerbated the cost-of-living crisis for hun…

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3 mins read

RBI rate hikes will contain inflation says MPC member Ashima Goyal

RBI Monetary Policy Committee (MPC) member Ashima Goyal on Wednesday said that the efforts of the R…

PTI   


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2 mins read

IMF chief warns of risk of geopolitical fragmentation

There is a risk of geopolitical fragmentation, as geopolitics turn into geo-economics with negative…

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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   


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2 mins read

It's only going to get tougher for global growth this year as economies navigate 'very choppy waters', IMF chief says

"It's going to be a tough '22, but maybe even a tougher 2023," IMF boss Kristalina Georgieva told R…

Zahra Tayeb   


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2 mins read

IMF chief economist Gita Gopinath to resign and return to Harvard University

The 49-year-old prominent Indian-American economist had joined the International Monetary Fund (…

PTI   


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2 mins read

Millions of Americans will struggle to get back into the workforce and they'll need support, Fed's Powell says

On changes in the labor market, Powell said "it's important to remember we are not going back to th…

Ben Winck   


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2 mins read

The IMF lifts its global growth forecast with vaccination and stimulus likely to be a shot in the arm

Stimulus and essential workers helped the world avoid a recession that would've been "at least thre…

Ben Winck   


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2 mins read

IMF hints at improved global GDP forecast but warns of 'difficult climb' ahead

The use of unprecedented fiscal aid will bring the global public debt balance to a record-high 100%…

Ben Winck   


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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   


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2 mins read

Welcome to the 'tepid twenties,' a decade of sluggish growth and rising debt, IMF chief says

"Inflation is not fully defeated. Fiscal buffers have been depleted. And debt is up," Kristalina Ge…

Filip De Mott   


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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