Kristalina Georgieva
Bulgarian economist and CEO
Photo: World Bank Group/ Grant Ellis, CC BY-SA 4.0 (Wikimedia Commons, cropped)
- 15h ago
G7 finance ministers agree to run AI cyberattack drills on banks
G7 finance ministers agreed to run simulation exercises on AI-enabled cyberattacks against financial institutions, Japan's finance minister said in Bangkok on Thursday, 15 October, days after an IMF warning about the sector.
- 18h ago
Fed chair Kevin Warsh calls AI the most consequential economic change of his lifetime
Speaking at the IMF and World Bank meetings in Bangkok, Warsh also said AI could push prices up in the short term before lifting supply, while the IMF flagged risks of a sharp market reversal.
- 2d ago
IMF sees Greek public debt falling to 136% of GDP in 2026 and 128.7% in 2027
At the IMF and World Bank annual meetings in Bangkok, Greek finance minister Kyriakos Pierrakakis said only five EU states run budget surpluses, while the fund projects Greek debt falling further through 2031.
- 2d ago
Bailey urges social media firms to tackle fraud as IMF warns on cyber risk in Bangkok
Speaking at the IMF and World Bank meetings in Bangkok, Bank of England Governor Andrew Bailey said social media platforms face too little liability for criminal content. IMF chief Kristalina Georgieva warned that cyber fraud is eroding trust in finance.
- 3d ago
US consumer prices rise 3.7% in September as gasoline jumps 9.1%
Energy costs linked to the war with Iran pushed US consumer prices up 3.7% from a year earlier, weeks before the 3 November midterm elections. The Federal Reserve now faces pressure to raise rates again at its 27-28 October meeting.
- 4d ago
France's 2027 budget faces a majority gap as the central bank governor urges action
The National Assembly began examining the 2027 finance bill on Tuesday, 13 October, as the government, the Banque de France and the IMF all pressed for a swift budget with the deficit kept at 5% of GDP.
- 4d ago
IMF sees 3.1% global growth in 2026 as AI investment offsets energy shock
Speaking at the IMF and World Bank annual meetings in Bangkok, the fund says AI spending has kept the world economy afloat, while energy costs, inflation and debt are shrinking room for policy.
- Oct 7
IMF chief warns dual pressures of AI surge and high energy costs threaten global stability
Speaking in Singapore ahead of the annual IMF and World Bank meetings in Bangkok, Kristalina Georgieva urged governments to rein in debt and broaden access to artificial intelligence technology.
- Sep 30
Ukraine faces $27 billion war funding deficit as annual costs reach $155 billion
Prime Minister Sergii Koretskyi stated that Ukraine needs $27 billion to maintain combat operations into early 2027, with Kyiv planning $7 billion in domestic cuts while requesting international assistance.
- Sep 24
ECB board member Isabel Schnabel resigns to join IMF as markets department director
Isabel Schnabel will step down from the European Central Bank Executive Board on 3 January 2027 to become the IMF's financial counsellor and markets director, leaving Frankfurt one year early.
- Jul 21
IMF approves $690 million for Ukraine as board flags reform delays and war costs
The International Monetary Fund on Monday unlocked a $690 million tranche for Ukraine as part of its $15.6 billion Extended Fund Facility, despite noting a slowdown in structural reforms and growing economic headwinds from war damage and Middle East spillovers.
