IMF lifts global growth forecasts to 2.9%

IMF lifts global growth forecasts to 2.9%

(VOVWORLD) - The International Monetary Fund (IMF) said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts mark an...
IMF:  Global growth to bottom out this year

IMF: Global growth to bottom out this year

(VOVWORLD) -Speaking at a World Economic Forum panel in Davos, International Monetary Fund Managing Director Kristalina Georgieva confirmed an IMF forecast for global growth to decelerate to 2.7% this year...
WEF 2023: Cooperation to overcome crises

WEF 2023: Cooperation to overcome crises

(VOVWORLD) - The 53rd World Economic Forum (WEF) Annual Meeting opened in Davos, Switzerland on Monday. Themed "Cooperation in a fragmented world" the conference aims to rally international cooperation efforts and...
IMF continues to lower its global growth forecast

IMF continues to lower its global growth forecast

(VOVWORLD) -International Monetary Fund Managing Director Kristalina Georgieva said on Thursday the chance of global growth falling below 2% next year is increasing due to continued effects from the conflict between...
World is close to ‘climate disaster’, UN warns

World is close to ‘climate disaster’, UN warns

(VOVWORLD) - Countries have to choose between reducing greenhouse gas emissions and letting future generations face climate disasters, said UN Secretary-General Antonio Guterres on Monday at the ongoing 27th Conference of the Parties...
Global economy: prospect and challenges

Global economy: prospect and challenges

(VOVWORLD) - The global economy has seen positive signs of recovery and growth, particularly in the world’s two largest economies. But the global economy still faces serious challenges. Countries need to try...
World more cautious of global recession

World more cautious of global recession

(VOVWORLD) - With the looming risk of a global economic recession, financial institutions and economists are warning governments to be very cautious with actions intended to curb the current record-high...