The IMF’s new chief unveils data showing trade conflicts could wipe out $700 billion in global GDP by 2020
|10/08/2019||Posted by BusinessMediaguide.Com under General World News||
- Kristalina Georgieva, the new managing director of the International Monetary Fund, issued a warning on Tuesday about the impact of trade conflicts on the global economy.
- During her inaugural speech, Georgieva said the global economy is in “synchronized slowdown” due to a range of factors including worsening trade disputes.
- The comments come as US stocks declined on Tuesday after trade tensions between the US and China escalated further.
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As Kristalina Georgieva prepared to take over the reins of the International Monetary Fund, the new managing director took a read more >>>