The world faces a 'tepid 20s' economy: IMF Managing Director

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 52 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Kristalina Georgieva News

International Monetary Fund,Managing Director,World Economy

International Monetary Fund Managing Director Kristalina Georgieva was recently reappointed to a second term. One of the things she will be battling is what ...

to a second term. One of the things she will be battling is what she calls the"tepid 20s." Georgieva argues that the current world economy"has proven to be remarkably resilient," but also faces"historically slow growth projected over the next years.""If we don't take action to generate more impetus for growth, we are going to add with a decade that is disappointing," she says, resulting in the"tepid 20s.

When asked about former President Donald Trump's idea to put a 60% tariff on Chinese imports, Georgieva demurred. But she did say that one of the reasons why anti-globalism has risen was because globalist policies didn't benefit everyone, with some people losing their jobs because of it.Jen Psaki Recalls Shock At Hope Hicks' 'Major Question' For Her After Trump 2016 Win

The government has had to cancel at least $246 million in debts for thousands of Canadians it initially claimed had received pandemic benefits for which they weren't eligible.Since 2022, the Canada Revenue Agency has been collecting money from Canadians the government says received benefits — such as the Canada Emergency Response Benefit and the Canada Recovery Benefit — in error.

The far-right congresswoman said Johnson was being "out of line" before all but daring him to bring it on: "Don't threaten me with a good time."Democrat Hakeem Jeffries steps up as House Republicans roast Johnson

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines