Tag: trade disputes

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

  New IMF chief claims the world economy is 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.

• Saturday, September 28th 2019 - 09:40 UTC

  China slams Trump for the trade disputes but says Beijing will act in a calm, rational manner

  

  China's top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a “calm, rational and cooperative manner.”