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IMF chief warns the global economy is already stuck in a coronavirus-fueled recession - and says only a coordinated worldwide effort will save it

2 monthes ago   |   By Business Insider

The global economy is facing threats never seen before that necessitate cross-border cooperation, International Monetary Fund chief Kristalina Georgieva told CNBC on Friday.
The world "is now in recession," she said, adding that the downturn's length and depth depend on "containing the virus and having an effective, coordinated response to the crisis."
Countries should use everything in their policy arsenal to combat the outbreak, the managing director said, as "small measures" can't solve "a gigantic crisis."
The IMF has indicated it "stands ready" to employ its $1 trillion lending pool...
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Coronavirus - US is in a RECESSION that will be worse than 2009 crash, IMF chief warns

Coronavirus - US is in a RECESSION that will be worse than 2009 crash, IMF chief warns

2 monthes ago   |   By The Sun


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' Coronavirus - global recession has ‘clearly' already begun and will be worse than 2009 crash, IMF chief warns

' Coronavirus - global recession has ‘clearly' already begun and will be worse than 2009 crash, IMF chief warns

2 monthes ago   |   By The Irish Sun


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