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Montevideo, May 22nd 2022 - 23:29 UTC

Tag: global trade growth

  • Wednesday, October 9th 2019 - 09:55 UTC

    New IMF chief claims the world economy is in a “synchronized slowdown”

    Ms Georgieva in her first speech as head of IMF said slower growth is expected in nearly 90% of the world. The global economy is now in a synchronized slowdown,”

    Grinding trade disputes are undermining the global economy, which is set to see its slowest growth in nearly a decade, the new IMF chief said on Tuesday. Research shows the impact of the trade conflict is widespread and countries must be ready to respond in unison with cash infusions, Kristalina Georgieva said in her first speech as managing director of the International Monetary Fund.