Business
IMF Warns AI Slowdown Could Hit Growth
A steep drop in AI investment could cut global GDP by 1.1% by 2028, says IMF Managing Director Kristalina Georgieva, as central banks fight inflation
Topic
International Monetary Fund
Technology
IMF Chief Warns AI Risks Outweigh Benefits
IMF chief cautions that Artificial Intelligence opportunities may be surpassed by risks without proper safeguards and an ethical framework in place
Markets
IMF Urges Britain to Stay on Deficit Reduction Track
The International Monetary Fund also warns the US about its high debt levels, which have exceeded 100% of gross domestic product, and advises fiscal measures to address them
Government
UK Faces £35bn Funding Gap
Chancellor John Healey must set out credible spending plans in his first Budget on 28 October, as think tank warns of unrealistic future cuts and pressure to show financial markets a tight grip on finances
Business
US Treasury's Bessent Skips IMF Meet
Benchmark Treasury yields have surged to their highest levels in nearly 25 years, as a key US official misses the Bangkok gathering
Markets
Colombia Seeks IMF Financing Amid Fiscal Crisis
Country's fiscal deficit target raised to 7.2% of GDP as borrowing needs soar
World
Lebanon Seeks $70B IMF Deal
Finance Minister Yassine Jaber meets with IMF Managing Director Kristalina Georgieva to discuss a full IMF program, which would involve loans and require passing a financial gap law to address losses from the 2019 financial crisis