As the IMF hosts its annual meetings, it highlights significant risks to global economic stability, including high public debt, potential trade wars, and geopolitical tensions. The IMF projects global growth at 3.2% for 2024, but warns of downside risks, particularly from the US elections and Middle East conflicts.
The IMF's annual meetings in Washington have brought attention to the precarious state of the global economy, with public debt levels soaring and inflation pressures easing. The backdrop includes the aftermath of the pandemic and ongoing geopolitical tensions, particularly in the Middle East and the US political landscape.
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China, officially the People's Republic of China, is a country in East Asia. It is the world's most populous country, with a population of around 1.4 billion in 2019.
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The United States of America, commonly known as the United States or America, is a country mostly located in central North America, between Canada and Mexico.
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The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.
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Ukraine is a country in Eastern Europe. It is the second-largest European country after Russia, which borders it to the east and northeast.
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Donald John Trump is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
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Rachel Jane Reeves is a British Labour Party politician serving as Shadow Chancellor of the Duchy of Lancaster and Shadow Minister for the Cabinet Office since 2020. She has been the Member of Parliament for Leeds West since 2010.
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South Africa, officially the Republic of South Africa, is the southernmost country in Africa. With over 59 million people, it is the world's 24th-most populous nation and covers an area of 1,221,037 square kilometres.
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France, officially the French Republic, is a country consisting of metropolitan France in Western Europe and several overseas regions and territories.
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Germany, officially the Federal Republic of Germany, is a country in Central and Western Europe. Covering an area of 357,022 square kilometres, it lies between the Baltic and North seas to the north, and the Alps to the south.
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Italy, officially the Italian Republic, is a sovereign country consisting of a peninsula delimited by the Alps and surrounded by several islands. Italy is located in south-central Europe, and is considered part of western Europe.
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Russia, or the Russian Federation, is a transcontinental country located in Eastern Europe and Northern Asia. Covering an area of 17,125,200 square kilometres, it is the largest country in the world by area, spanning more than one-eighth of the Earth's in
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Canada is a country in the northern part of North America. Its ten provinces and three territories extend from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres, making it the world's second-largest c