IMF Warns That World Economy Headed For Weakest Growth Since 1990
International Monetary Fund Managing Director Kristalina Georgieva announced on Thursday that global economic growth is in danger of experiencing the lowest medium-term growth since 1990. With the IMF/World Bank meetings scheduled for next week, the IMF director stated that global growth is set to...
Global Debt Sees Annual Drop for First Time Since 2015
The Institute of International Finance report published on Wednesday revealed that the nominal value of global debt decreased by $4 trillion, thereby bringing it under the $300 trillion threshold that was reached in 2021. This is the first time since 2015 that the global...