IMF’s Georgieva urges tech companies to be responsible with pandemic windfalls

© Reuters. FILE PHOTO: FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity WASHINGTON (Reuters) – Big technology companies that are reaping gains as result of increased reliance on online systems during the coronavirus crisis should work to increase access to the digital economy for all, […]

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IMF’s Georgieva downbeat on global economic forecast, warns against protectionism

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity By Andrea Shalal WASHINGTON (Reuters) – The head of the International Monetary Fund on Friday signaled a possible downward revision of global economic forecasts, and warned the United States and China against rekindling a trade […]

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IMF chief says had ‘productive’ call with Lebanon on its recovery plan

2/2 © Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva 2/2 WASHINGTON (Reuters) – The head of the International Monetary Fund said on Monday she had a “productive” discussion with Lebanese Prime Minister Hassan Diab on the country’s economic recovery plan, and an IMF team would begin talks with Lebanese authorities soon. IMF Managing Director […]

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IMF chief lauds Japan’s spending to combat pandemic, urges others to step up

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity WASHINGTON (Reuters) – IMF chief Kristalina Georgieva on Thursday lauded Japan’s plans to spend about 20% of its gross domestic product to respond to the economic challenges of the coronavirus pandemic and boost IMF resources […]

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IMF may need ‘exceptional measures’ to facilitate pandemic response: Georgieva

© Reuters. IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity By Andrea Shalal WASHINGTON (Reuters) – The IMF may need to step outside its comfort zone and consider “exceptional measures” to help countries deal with the coronavirus pandemic and mitigate its economic impact, Managing Director Kristalina Georgieva […]

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IMF boss says UK should seek longer Brexit transition

© Reuters. FILE PHOTO: FILE PHOTO: IMF Managing Director Kristalina Georgieva LONDON (Reuters) – Britain should ask for an extension to its post-Brexit transition period to ease uncertainty at a time when the world economy is being hammered by the coronavirus pandemic, the head of the International Monetary Fund said. “It is tough as it […]

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IMF’s Georgieva creates external advisory panel on pandemic

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Friday announced the creation of an external advisory group to provide input on policy challenges, including the coronavirus pandemic and its massive economic impact. […]

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IMF’s Georgieva creates new external advisory panel on pandemic

WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Friday announced the creation of a new external advisory group to provide input on policy challenges, including the coronavirus pandemic and its massive economic impact. The diverse group includes former and current government officials, private sector experts and academics, including Tharman Shanmugaratnam, senior minister […]

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IMF chief says pandemic will unleash worst recession since Great Depression

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The pandemic sweeping the world will turn global economic growth “sharply negative” in 2020, triggering the worst fallout since the 1930s Great Depression, with only a […]

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IMF sees pandemic causing global recession in 2020; recovery in 2021

© Reuters. FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity WASHINGTON (Reuters) – The coronavirus pandemic will cause a global recession in 2020 that could be worse than that seen during the global financial crisis of 2008-2009, but the world’s economic output should recover in […]

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IMF chief says coronavirus wipes out hopes for stronger growth in 2020

© Reuters. International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee (IMFC), during the IMF and World Bank’s 2019 Annual Meetings of finance ministers By David Lawder and Andrea Shalal WASHINGTON (Reuters) – The global spread of the novel coronavirus will wipe out […]

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