Divided EU taps Bulgaria's Kristalina Georgieva as IMF candidate

Business Aug 3, 2019

Divided EU taps Bulgaria's Kristalina Georgieva as IMF candidate

In a fractious vote, EU ministers on Friday chose the Bulgarian No. 2 of the World Bank, Kristalina Georgieva, as the bloc's candidate to become IMF chief. Georgieva, if appointed, would become the second female managing director of the International Monetary Fund, after Christine Lagarde, ...

IMF downgrades world growth, warns of 'precarious' 2020

Business / Economy Jul 24, 2019

IMF downgrades world growth, warns of 'precarious' 2020

Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday. Trade conflicts are undercutting investment and weakening manufacturing, and the IMF urged countries ...

Editorials Apr 11, 2019

'A delicate moment' for the global economy

The biggest cloud hanging over the international economy is the prospect of a trade war between the United States and China, and a concomitant erosion of the commitment to free and open trade.