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The Latest Breaking News from GITA GOPINATH

U.S. inflation battle is not yet won, says top IMF official

The IMF's second-in-command is backing the Fed in its fight against inflation, advising Jerome Powell to "stay the course" with rate hikes.

Top Stories of the Month: China’s Halting Steps to Dial Back ‘Zero Covid’

Top Stories of the Month: China’s Halting Steps to Dial Back ‘Zero Covid’

As central authorities cite scientific evidence for easing travel and testing rules, local officials worry about being held accountable for new outbreaks

Business: Avoid Unidimensional View Of Indian Subsidies, Says FM Sitharaman To World Bank

Business: Avoid Unidimensional View Of Indian Subsidies, Says FM Sitharaman To World Bank

Union Finance Minister Nirmala Sitharaman has said that despite this year's projected growth rate of 7 per cent for the Indian economy, India remains concerned about the global economic outlook and geopolitical environment. Read more on Dynamite News:

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IMF's Gopinath: Poorer nations do face big debt challenges

Emerging markets do not face a systemic sovereign debt crisis, though many poorer nations do face big challenges, Gita Gopinath, the International Monetary Fund's (IMF) first deputy managing director told a panel in Washington on Tuesday.

Davos day 3: WTO says food crisis could last two more years without Ukrainian safe corridors – as it happened

Rolling coverage of the day 3 of the World Economic Forum

The Guardian - UK

Food crisis fuels fears of protectionism compounding shortages

A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said.

World economy has 'buffer' against recession says IMF's Gopinath

While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary Fund's No. 2 official said Monday.

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Global groups propose pandemic plan costing $10 billion a year

Global groups propose pandemic plan costing $10 billion a year

It will take $15 billion in grants this year and another $10 billion annually after that to establish and maintain an adequate toolkit to respond to COVID-19 and address future pandemic threats, according to four organizations focused on global health and the economy.

IMF Warns Russia Sanctions Could Hurt US Dollar Dominance, Cause Fragmentation In Global Financial System: FT

IMF Warns Russia Sanctions Could Hurt US Dollar Dominance, Cause Fragmentation In Global Financial System: FT

IMF's first deputy MD Gita Gopinath warned that the Western sanctions on Russia could create small currency blocs based on trade between separate groups of countries, the Financial Times reports. All of which could gradually dilute the dominance of the U.S. dollar leading to a more fragmented international monetary system. Gopinath…

IMF deputy head: War in Ukraine has provoked 'deep humanitarian, economic crisis'

IMF deputy head: War in Ukraine has provoked 'deep humanitarian, economic crisis'

The war in Ukraine has provoked a massive humanitarian and economic crisis. The International Monetary Fund approved $1.4 billion in emergency aid for Kyiv this week and says it's ready to help neighbouring countries that request further assistance. The IMF's First Deputy Managing Director, Gita Gopinath, spoke to FRANCE 24's…

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