Latest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
WASHINGTON - International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that the world is in danger of becoming mired in a low-growth, high-debt path that will leave governments with fewer resources to improve opportunities for their people and tackle climate change and other challenges.The result is increasingly dissatisfied populations, Georgieva said during a press conference during the IMF and World Bank annual meetings in Washington.
"Finance chiefs from G20 major economies separately expressed optimism for a soft landing, and urged resistance to protectionism."We observe good prospects of a soft landing of the global economy, although multiple challenges remain," the G20 finance ministers and central bank governors said in a joint statement issued after a meeting on the sidelines of the meetings in Washington.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Developing nations risk being sidelined from renewable energy boom, leaders sayLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
CrowdStrike exec apologizes before US Congress for software glitch behind July global outageLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
UK PM Starmer's call for release of Gaza 'sausages' goes viralLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
OPEC boosts long-term oil demand outlook, driven by developing world growthLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
6 minors ransack Iloilo City Public Safety OfficeLatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »
Shiela Guo to be transferred to NBI custody due to security concerns —BILatest Philippine news from GMA News and 24 Oras. News, weather updates and livestreaming on Philippine politics, regions, showbiz, lifestyle, science and tech.
Read more »