IMF raises growth forecasts
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The Managing Director of the IMF, Kristalina Georgieva, tells CNBC she expects cooler heads to prevail as the U.S. and Europe stand on the brink of a trade war over Greenland. Speaking at the World Economic Forum in Davos,
Trade tensions and a reversal in the AI boom are among the main risks to global economic growth, the IMF says.
Global growth, the IMF said, was founded on the “narrow base” of an AI investment boom in the US. If expectations of AI-driven productivity advances proved overly optimistic, there was a risk of a “sharp drop” in investment and associated stock market reversal, the IMF warned.
IMF Managing Director Kristalina Georgieva speaks to CNBC at the World Economic Forum in Davos about escalating trade tensions between the U.S. and Europe over Greenland, the potential successor to Jerome Powell at the Federal Reserve,
The IMF warned that S. Korea's U.S. dollar-denominated assets are exposed to outsized currency risk relative to the depth of the country's FX market.
An unexpectedly sturdy world economy is likely to shrug off President Donald Trump’s protectionist trade policies this year, thanks partly to a surge of investment in artificial intelligence in North America and Asia,
For advanced economies, concentrate primarily on penetration and on regulation and ethics. Make sure that innovation is a source of productivity growth across all sectors of the economy, and make sure that you have some meaningful regulation and ethical foundation to reduce the risk of this divergence in societies. How do you use AI?
Georgieva said that despite almost no communication with Maduro's regime since 2019, the Fund has been keeping "a watchful eye on the economy" in Venezuela.
The World Bank predicted global growth of just 2.6 percent this year in its Global Economic Prospects released on Jan. 13. Its projected 2026 economic growth for China is 4.4 percent, closely aligned with the IMF's assessment, and that for the US is 2.2 percent, slightly below the IMF forecast.
Vice President Professor Naana Jane Opoku-Agyemang has engaged Heads of International Monetary Fund (IMF) country and regional offices in Africa, using the platform to reflect on Ghana’s economic experience amid heightened global concerns over debt and development finance.
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