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IMF Chief Warns World Heading Toward ‘Dangerous New Normal’

The head of the International Monetary Fund (IMF) has warned that the world is heading toward a "dangerous new normal." Kristalina Georgieva, managing director of the IMF, warns that the world is facing the risk of a recession, with the global economy experiencing a “fundamental shift." Georgieva made the comments…

IMF Chief: European Energy Crisis Could Spark Social Unrest This Winter

The head of the International Monetary Fund (IMF) has warned that the energy crisis could spark widespread social unrest as European nations prepare for a harsh winter. Kristalina Georgieva, managing director of the IMF, is warning that a number of countries in Europe may suffer harsh conditions amid an economic…

Fed May Require 7.5 Percent Unemployment to Lower Inflation

The U.S. Federal Reserve may require the American unemployment rate to rise to almost double its current level in order to control high inflation, a new report has suggested. According to a team of researchers from the International Monetary Fund (IMF), huge job losses may be necessary to bring inflation…