Recession will hit a third of the world in 2023, warns IMF chief Kristalina Georgieva

International Monetary Fund chief Kristalina Georgieva. File | Photo Credit: Reuters A third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be “tougher” than last year as the U.S., EU and China will see their economies slow down. What is the current global … Read more

IMF’s Georgieva says Biden-Xi meeting ‘constructive’ signal for trade

Breadcrumb Trail Links PMN Business Author of the article: Publishing date: Nov 16, 2022  •  0 minutes ago  •  2 minute read Join the conversation Article content NUSA DUA — President Joe Biden’s meeting with Chinese President Xi Jinping was a “very constructive” signal that may ease trade tensions between the world’s two largest economies, International … Read more

International Monetary Fund chief Kristalina Georgieva hopes to complete Sri Lanka aid talks ‘as quickly as possible’

Sri Lankan President Ranil Wickremesinghe in his previous capacity as Prime Minister and Finance Minister has been involved in the negotiations with the Washington-based IMF. Sri Lankan President Ranil Wickremesinghe in his previous capacity as Prime Minister and Finance Minister has been involved in the negotiations with the Washington-based IMF. The International Monetary Fund (IMF) … Read more