ShreeMetalPrices: Financial Instability has Reached to Crisis Proportions, The IMF Reports.
According to the International Monetary Fund, as the world economy deals with the effects of the coronavirus pandemic and Russia’s invasion of Ukraine, the chances of the collapse of the global financial system have increased to levels only witnessed during previous crises. The Washington-based group advised central banks to carefully and precisely calibrate their essential […]
ShreeMetalPrices: IMF Issues a 2023 Recession Warning and a Bleaker Forecast for the World.
In light of growing risks of a recession and financial instability. The International Monetary Fund will next week revise downward its projection for 2.9% global growth in 2023. According to managing director Kristalina Georgieva. With the shocks brought on by the COVID-19 epidemic, Russia’s invasion of Ukraine, and climate crises on every continent. Georgieva claimed […]