The Latest Breaking News from Kristalina Georgieva

The head of the International Monetary Fund says it’s time for China to move away from mass lockdowns under its “zero-COVID” approach

Communique unlikely to stretch beyond usual platitudes despite the need for a global plan for recovery

Kristalina Georgieva cautions that supply chain disruption could cause persistent pressure in living costs

World leaders, policymakers and delegates from nearly 200 countries are at the COP27 U.N. climate summit in Egypt, where they hope to keep alive a goal to avert the worst impacts of climate change.

The economy appears to be at the heart of problems and solutions to the world’s climate crisis as the COP27 UN Climate Change Conference got underway in Egypt’s Sharm el-Sheikh on Sunday. As the world rushed towards industrialization at the onset of the 20th century, it drove unwanted gases into…

Sterling still performing better than during Liz Truss’s disastrous tenure as prime minister

Russia's latest strikes on civilian infrastructure have raised the cost of Ukraine's recovery and could see it needing close to $4 billion a month just to keep power and water supplies going, the head of the International Monetary Fund said on Wednesday.

Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country, which has already seen a tenfold increase in poverty this year, a top World Bank official said on Saturday.

Countries have responded to a series of shocks by looking out for themselves, which could increase volatility and uncertainty