Key insights from 1st day of WEF special meeting in Saudi capital
Kristalina Georgieva stressed three economic priorities on inflation, fiscal buffers, and geopolitical fragmentation.
Mon Apr 29 2024
IMF chief sees higher chance of global growth below 2% in 2023
This was due to continued effects of the war in Ukraine and simultaneous slowdowns in Europe, China and the United States.
Fri Dec 02 2022
Rising interest rates in US will hinder foreign economies
The fallout can be felt beyond Americas borders, hitting shopkeepers in Sri Lanka, farmers in Mozambique and families in poorer countries around the world.
Thu May 05 2022
Besieged Ukrainians endure bombardments, with no breakthrough in talks
Putin's war in Ukraine enters its third week as hundreds of thousands of civilians remained trapped in Ukrainian cities.
Fri Mar 11 2022
No exit from zero-COVID: China struggles to find policy off-ramp
Kristalina Georgieva, managing director of the International Monetary Fund, called on China last week to "reassess" its approach.
Thu Jan 27 2022
IMF chief says Omicron could dent global economic growth
Omicron has spread rapidly to at least 40 countries since it was first reported in South Africa last week.
Sat Dec 04 2021
IMF's Georgieva accuses former World Bank President Kim's office of manipulation
Georgieva also accused the office of the World Bank's past president, Jim Kong Kim, of manipulation.
Sat Sep 25 2021
Low vaccination rates in some countries "dangerous" for everyone: IMF Chief
Georgieva noted that countries with more fiscal space and rapid vaccinations are coming out of the crisis faster.
Wed Jun 02 2021
Global economy's recovery hinges on stimulus, virus battle, officials say
Global finance leaders on Tuesday said the world economy had escaped a coronavirus-triggered collapse so far, but warned that failure to conquer the pandemic could crush a fragile recovery.
Wed Oct 14 2020
Climate change poses 'profound threat' to global growth - IMF chief
Climate change poses a serious threat to global growth, the head of the International Monetary Fund said on Monday, urging the world's top emitters to agree on a floor for carbon prices.
Tue Oct 13 2020
World Bank says ready to mobilize financing for Lebanon blast recovery
The World Bank Group said on Wednesday it stands ready to assess Lebanon's damage and needs after a devastating Beirut port explosion.
Thu Aug 06 2020
IMF cancels debt payments for 6 months for 25 poor nations
The fund approved $500 million to cancel debt payments for 25 of the world's most impoverished countries so they can help tackle the COVID-19 pandemic.
Tue Apr 14 2020
Ringgit extends uptrend against greenback in early trade
At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
Lebanon's only burn unit treats toddlers after Israeli strikes
The hospital hallways echo with the screams of children as anxious parents await news from doctors.
Fri Nov 22 2024
AI revolutionising sports to develop world-class athletes
Can a young Orang Asli child from Gua Musang, Kelantan be turned into an Olympic champion in 2036?
Fri Nov 22 2024
Selangor records 1,354 out-of-wedlock teen pregnancies from 2023 to Sept 2024
Anfaal Saari emphasises the seriousness of the issue, especially involving children and teenagers under 18 years old.
Thu Nov 21 2024
ICC issues arrest warrants for Netanyahu and Gallant
The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Defense Minister Yoav Gallant.
Thu Nov 21 2024
Elon Musk's Neuralink receives Canadian approval for brain chip trial
The study aims to assess the safety and initial functionality of its implant which enables people with quadriplegia.
Thu Nov 21 2024
Guitar bought by Beatles' teenage Harrison for GBP58 sells for more than GBP1 million
A guitar bought by George Harrison for about GBP58 has sold at auction for more than GBP1 million (US$1.27 million), the PA Media news agenc
Thu Nov 21 2024
Duct-taped banana goes for $6.2 mln in Sotheby's art auction
A piece of art that is little more than a banana duct-taped to a wall sold at auction to cryptocurrency entrepreneur.
Thu Nov 21 2024
Australian teen dies from tainted liquor in Laos; fourth suspected victim
Spurious liquor is a problem in Laos, with the govts of Australia and Britain warning citizens to be cautious when taking drinks there.
Thu Nov 21 2024
Woman found in freezer died from chest injuries - Police
Preliminary post-mortem report reveals that the victim died from chest injuries caused by blunt trauma.
Thu Nov 21 2024