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The Latest Breaking News from Kristalina Georgieva

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

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'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.

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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

The Guardian - UK

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.

International Business Times

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

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

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...

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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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International Business Times

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.

The Guardian - UK

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

International Business Times

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 UK

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.

The Guardian - 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 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.

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