IMF

China set an official 2024 target for GDP growth of around five percent in a report from Premier Li Qiang to the National People’s Congress.

In a recent interview, KPMG CEO Paul Knopp forecasted significant long-term job disruptions as a consequence of the growing influence of AI in the workplace. The CEO revealed survey data showing 65 percent of executives believe AI will have a large impact on their organization in the next five years.

AI is set to significantly transform the job landscape in advanced economies like the United States, affecting an estimated 60 percent of jobs, according to Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF).

Argentine Economy Minister Sergio Massa is in Brazil on Monday to discuss the details of an agreement with radical leftist President Luiz Inácio Lula da Silva that would allow Argentina to pay for Brazilian imports using the Chinese yuan instead of the U.S. dollar, the Argentina state-run Télam news agency reported.

The International Monetary Fund (IMF) announced on Thursday that countries may use the Chinese yuan to settle their debts with their organization after Argentina paid part of its dues to the IMF in yuan in June.

African countries are casting a worried eye as the West pumps aid into Ukraine, sensing a retreat in pledges to help their development.

On Friday’s broadcast of CNBC’s “The Exchange,” International Monetary Fund Managing Director Kristalina Georgieva discussed the IMF’s newest report on the U.S. economy and stated that “inflation is stubborn, it is way too high,” which “means that the Fed will have

The International Monetary Fund said on Tuesday that it expects bank lending to contract in the U.S. this year, slowing economic growth.

Leftist President Alberto Fernández of Argentina announced on Wednesday that he had asked American counterpart Joe Biden to act as “a bridge” with international finance organizations to help Argentina reach 2024 “with greater peace of mind” during their encounter in Washington.

The Washington-based International Monetary Fund (IMF) agreed to release a $15.6 billion loan package to Ukraine on Wednesday while reassuring contributors Kyiv has strong economic policies and is “fighting corruption.”

“As the global economy is headed for stormy waters, financial turmoil may well erupt,” the IMF’s report on global growth warns.

Inflation, strains on food and energy supplies, war in the Ukraine, rising jobless numbers alongside risks of a global recession: these are just a few of the factors making up a “new normal” cited by International Monetary Fund (IMF) Director Kristalina Georgieva on Thursday as darkening the outlook for the world’s economy.

During an interview with CNN on Wednesday aired on Thursday’s edition of CNN International’s “Amanpour,” International Monetary Fund (IMF) Managing Director Kristalina Georgieva stated that while “we can survive inflation. We even can survive recession.” We can’t survive a “climate crisis”

Europe is now looking at the possibility of “social unrest” should the continent be hit with a cold winter this year, the head of the International Monetary Fund (IMF) has now warned.

“The outlook has darkened significantly since April. The world may soon be teetering on the edge of a global recession, only two years after the last one,” the IMF’s chief economist said.

The IMF has told the remaining UK PM candidates to walk back promises of tax cuts and focus instead on more green agenda spending.

Nearly 90 per cent of investors globally now expect Europe to fall into recession as the possibility of Moscow cutting off the continent from Russian gas becomes more likely.

The International Monetary Fund (IMF) published a paper Wednesday that warned of dark, troubled economic times ahead when the world can expect to have less of everything except “social instability.”

The IMF has become the most recent global body to release a warning regarding forthcoming global food shortages, saying that vulnerable nations are at risk of civil unrest amid supply issues.

Sri Lanka on Tuesday announced plans to temporarily default on its foreign debt, calling the measure a “last resort” designed to prevent “permanent damage” to the island nation’s economy amid its worst fiscal crisis in more than 70 years.

Nigel Farage has accused the EU of hypocrisy by “funding Putin’s war machine”, as the bloc admitted to spending €35 billion on Russian gas.

The International Monetary Fund (IMF) predicted Sunday that Russia will be moving towards a “deep recession” as a consequence of the sanctions imposed on Moscow after the invasion of Ukraine.

The International Monetary Fund (IMF) on Tuesday “urged” El Salvador’s government to rescind the legal tender status it bestowed to Bitcoin, a type of cryptocurrency, in September 2021, indicating that its failure to do so could hinder El Salvador’s intention of securing a future loan from the financial institution.

A $372 million sum Myanmar’s government received from the International Monetary Fund (IMF) in February for pandemic relief has “gone missing” since a military junta seized control in a coup just two days after the aid was issued, Coconuts Yangon reported Wednesday.

Taliban spokesman Suhail Shaheen urged the International Monetary Fund (IMF) to release funds frozen following the jihadist group’s ouster of the government of Afghanistan in an interview with the Chinese government broadcaster CGTN on Friday.

The government of Cameroon said on Monday it was investigating how ministers had spent $335 million in coronavirus aid from the International Monetary Fund (IMF) amid accusations from opposition parties that most of the loaned funds “could not be accounted for.”

The International Monetary Fund (IMF) has predicted that Brexit Britain will grow faster than the Eurozone as well as the United States by next year, despite having one of the steepest contractions of any major Western nation during the Chinese

Pope Francis told financiers Thursday that they must help calculate the “ecological debt” the global north owes to the global south.

Chinese state media on Thursday called on the Western world to help African nations pay their enormous debts, many of which just happen to be owed to Chinese banks thanks to China’s debt-trap Belt and Road Initiative (BRI).

BEIRUT — Facing a worsening economic crisis and with little chance of Western or oil-rich Arab countries providing assistance without substantial reforms, Lebanon’s cash-strapped government is looking east, hoping to secure investments from China that could bring relief.

U.N. Secretary-General Antonio Guterres renewed his call for “more robust global governance” Wednesday, adding the World Bank and the International Monetary Fund (IMF), regional authorities such as the African Union and the European Union (E.U.) to a list of organizations he says can bring “order” to a future world disrupted by the coronanvirus pandemic.

Beirut — Protest-hit Lebanon has approved an economic rescue plan and requested aid from the International Monetary Fund as it battles its worst financial crisis in decades.

Boris Johnson would say “no” to an extension to the transition period if the European Union asks for one, the prime minister’s spokesman said after the head of the International Monetary Fund (IMF) called for a delay.

Dubai — Debt levels, unemployment and budget deficits will spike as the Middle East endures a coronavirus-led recession, piling pain on economies already hit by conflicts and an oil price slump, the IMF said Wednesday.

Government projections reveal the British economy is facing a historic economic downturn as a result of coronavirus, and the lockdown.

A senior Iranian on Sunday called U.S. President Donald Trump “more dangerous than coronavirus,” saying moves to block an International Monetary Fund (IMF) loan reaching Iran was tantamount to crimes against humanity.