Beijing reaffirmed its commitment to forging closer partnerships with international financial institutions as leaders of the central government hosted top officials from the World Bank, the International Monetary Fund and the Asian Development Bank on Monday.
The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning: “The worst is yet to come, and for many people 2023 will feel like a recession.”
The coronavirus crisis will lead to global oil demand dropping by around 8 percent this year compared to last year, the International Monetary Fund (IMF) said in a new report, as carried by Qatari daily The Penunsula. This year, oil prices will be 41 percent lower than in 2019, the IMF said in its ‘Global […]
“The truth is that there is no readily available tried and tested European all-rounder,” a European minister, who did not want to be named due to the sensitive nature of the talks, told CNBC.
There is no official shortlist of candidates, but many governments of EU nations have put forward a name to take the top job.
