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International Monetary Fund

IMF raises India economic outlook, U.S. and global growth lackluster

by Adrian Jhonsan
IMF raises India economic outlook, U.S. and global growth lackluster

The IMF said it is optimistic on Chinese consumption returning in the next few years, but falling birth rates will still cause an economic down. Martin Puddy | Photodisc | …

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Categories World

IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S.

by Adrian Jhonsan
IMF chief says Europe looks like ‘an ideas supermarket’ for the U.S.

Kristalina Georgieva, chief executive officer of the World Bank Group, arrives to a briefing at the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, …

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Categories World

U.S. and China trade bloc divisions threaten a ‘reversal’ for global economy

by Adrian Jhonsan
U.S. and China trade bloc divisions threaten a ‘reversal’ for global economy

China’s President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) …

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Treating China as ‘un-investable’ would be the wrong call: strategist

by Adrian Jhonsan
Treating China as ‘un-investable’ would be the wrong call: strategist

Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images Even as China’s economy is facing difficulties, treating it as un-investable …

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Categories World

40% of global jobs face risks from AI but it’s lower in India, other emerging economies — IMF

by Ev Richard
40% of global jobs face risks from AI but it’s lower in India, other emerging economies — IMF

New Delhi: Artificial intelligence (AI), which is expected to boost productivity across sectors, could also replace jobs and deepen inequality, according to a new report by the International Monetary Fund …

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Categories Technology

IMF warns AI to hit almost 40% of global employment, worsen inequality

by Adrian Jhonsan
IMF warns AI to hit almost 40% of global employment, worsen inequality

A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. …

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Categories World

Biden backs World Bank for expanded role on global stage to counter China

by Adrian Jhonsan
Biden backs World Bank for expanded role on global stage to counter China

During the G20 leaders’ summit, U.S. President Joe Biden called on G20 leaders to support the World Bank and other multilateral development banks to increase their ability to support low …

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Categories World

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