The International Monetary Fund has laid out the unprecedented economic devastation caused by the coronavirus pandemic, sharply lowering its forecast for global growth this year. The IMF said on Wednesday that this ‘crisis like no other’ would send the global GDP plunging by 4.9 percent this year and wipe out an astonishing $12 trillion over two years. … Read more
Global slump will be WORSE than feared: IMF warns of catastrophic hit to jobs with £10TRILLION set to be wiped off the global economy By James Salmon for the Daily Mail Published: 21:50 BST, 24 June 2020 | Updated: 22:05 BST, 24 June 2020 The coronavirus crisis is set to wipe £10trillion off the global … Read more
ALEX BRUMMER: IMF boss Kristalina Georgieva revisiting Brexit during coronavirus crisis suggests she hasn’t quite washed away her EU past By Alex Brummer for the Daily Mail Published: 22:30 BST, 16 April 2020 | Updated: 22:37 BST, 16 April 2020 The International Monetary Fund deserves credit for not holding back on highlighting the stunning £7 … Read more
IMF warns countries including the UK are facing a ‘massive’ rise in debt due to the Covid-19 outbreak By Ruth Sunderland for the Daily Mail Published: 22:06 BST, 15 April 2020 | Updated: 22:36 BST, 15 April 2020 Countries including the UK are facing a ‘massive’ rise in debt due to the Covid-19 outbreak, the … Read more
The £7 trillion cost of the Great Lockdown: IMF warns slump will be worst since the Great Depression of the 1930s By Ruth Sunderland Business Editor For The Daily Mail Published: 22:45 BST, 14 April 2020 | Updated: 23:07 BST, 14 April 2020 The economic slump from the deadly coronavirus will be the worst since … Read more
IMF warns Covid 19 pandemic will lead to the worst slump since the Great Depression as 17m Americans lose their jobs in just 3 weeks By James Salmon for the Daily Mail Published: 21:51 BST, 9 April 2020 | Updated: 22:00 BST, 9 April 2020 The Covid 19 pandemic is a ‘crisis like no other’ … Read more
IMF urges governments and central bankers to take action to protect businesses By James Salmon for the Daily Mail Published: 21:51 GMT, 9 March 2020 | Updated: 21:51 GMT, 9 March 2020 The International Monetary Fund has piled pressure on governments and central bankers around the world to do more to combat the economic fallout … Read more