Trade barriers are costly, but global recession unlikely: IMF chief – Times of India

Trade barriers are costly, but global recession unlikely: IMF chief – Times of India

The head of the International Monetary Fund (IMF) said Thursday that the world economy is likely to avoid a recession despite mounting global trade tensions sparked by US President Donald Trump’s sweeping tariffs. However, the cost of these trade disruptions will be significant, IMF Managing Director Kristalina Georgieva warned.Speaking to reporters in Washington ahead of…

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India’s economy expected to be ‘little weaker’ in 2025, says IMF chief – Times of India

India’s economy expected to be ‘little weaker’ in 2025, says IMF chief – Times of India

Kristalina Georgieva (AP photo) NEW DELHI: Kristalina Georgieva, International Monetary Fund (IMF) managing director, on Friday said India’s economy was expected to be a “little weaker” in 2025 as she presumed a lot of uncertainty in the world this year mainly around the US trade policies.“The US is doing quite a bit better than we…

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