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HISTORICAL FACTS: Gita gopinath - The Untold Story

America’s $901 billion trade deficit is like ‘chronically high cholesterol,’ top economist says, and Trump’s 150-day tariffs are the wrong medicine

Trump’s trade policy risks confusing one problem with a much bigger crisis, according to Harvard professor Gita Gopinath.

Fortune

'Trade deficits distinct from BOP deficits': Gita Gopinath backs Neal Katyal on Trump’s 15% tariff move

Former IMF chief economist Gita Gopinath has backed Indian-American lawyer Neal Katyal in questioning US President Donald Trump’s decision to impose a 15 per cent global tariff.

The Times of India

‘Impact of pollution on Indian economy far more consequential than impact of any tariffs’: Gita Gopinath

The impact of pollution on the Indian economy is “far more consequential than any impact of any tariffs that have been put on India so far,” said Gita Gopinath, former chief economist at the International Monetary Fund, at a discussion hosted by India Today's Kalli Purie at the World Economic…

Newslaundry

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Criminal investigation into Fed chair Powell has ‘reinforced’ concerns over independence, Goldman Sachs warns, as dollar weakens – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Trump's Tariffs Have Failed To Slow China's Export Machine As Growth Holds Firm At 5%: 'Hard To See This Last Though,' Says Leading Economist

China's ability to reroute its trade flows and maintain its robust economic momentum despite trade tensions with the United States is drawing fresh attention from global policymakers.

Benzinga

Goldman Sachs, Morgan Stanley CEOs Predict 10-20% Market Correction Over Next 2 Years: 'Not Driven By...Macro Cliff'

Goldman Sachs and Morgan Stanley have issued a warning about a potential market correction. The CEOs of both firms have advised investors to prepare for a downturn within the next two years.

Benzinga

IMF's Gita Gopinath Warns: Record Global Exposure To US Equities Could Make Next Crash Far Worse Than Dot-Com Bust

The International Monetary Fund’s First Deputy Manager, Gita Gopinath, is raising concerns regarding the growing global exposure to U.S. equities, making a market correction at this stage very detrimental to the global economy.

Benzinga

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IMF Proposes US Treasury Official As Second-in-command

The IMF has proposed appointing the US Treasury Department's chief of staff as its new number-two official, the Washington-based lender said Thursday.

International Business Times

Economists Warn 'Stagflation Is In The Room' Amid Interest Rate Cut News: 'The Fed Has No Idea Where Inflation Will Be,' Says Peter Schiff

Leading economists are reacting to the Federal Reserve’s decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank’s independence, and others warning of difficult times ahead.

Benzinga

Here’s what the top business leaders are saying about AI: 'You need to be prepared for anything'

CEOs at Fortune Global Forum unpack how AI will impact the labor market and corporate America.

Fortune

IMF's Gita Gopinath U.S. voters' view of inflation

The economy is strong, but voters remember increasing prices.

Fortune

A recession could create an ‘abrupt shift’ in AI adoption: ‘‘That’s when you really see the effects of automation’

During recessions companies lay people off, automate their jobs, and never hire them back.

Fortune

Indian Junior Doctors Continue Protests Over Medic's Rape

Indian junior doctors protest nationwide for safer workplace after rape and murder of colleague, demanding swift investigation.

Top News

IMF Chief Economist Urges Caution on Rate Cuts

IMF's chief economist, Gita Gopinath, advises central banks to exercise caution when considering rate cuts, emphasizing the need for a prudent approach.

Fortune

'Cold War II' could wipe trillions from global economy, IMF says

The group says $7 trillion worth of GDP could be lost to a new Cold War, undoing progress since the fall of the Soviet Union.

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The Guardian - UK

World economy on brink of ‘cold war two’, IMF official warns

Gita Gopinath says global economy’s fragmentation into power blocs risks wipeout of trillions of dollars in GDP

The Hindu

Students’ delegation from Andhra Pradesh interacts with IMF officials in United States

Andhra Pradesh students visit IMF office in Washington D.C.; receive guidance from Deputy Managing Director Gita Gopinath and Executive Director K. Subramanian. Students inspired by Subramanian's success story and Gopinath's journey from humble background to IMF Deputy Managing Director. Visit broadens horizons and ignites spark in students to encourage peers…

Axios

Global policymakers mull inflation's last mile

The hardest part of reining in prices still lies ahead.

Fortune

IMF's Gopinath: We lack the 'luxury of time' with A.I.

Gita Gopinath argued that automation in manufacturing is an example of how experts can't accurately gauge the impact of tech on the labor force.

Tribune News Service

IMF board approves $5.4 billion Argentina loan disbursement

The International Monetary Fund’s executive board approved a $5.4 billion disbursement to Argentina, a key step forward in the government’s program that has faced setbacks amid a worsening economic outlook.

Reuters

Davos 2023: What you need to know about the WEF on Thursday

All eyes were on Greta Thunberg on Thursday as she called on the global energy industry and its financiers to end all fossil fuel investments at a high-profile meeting in Davos with Fatih Birol, the head of the International Energy Agency (IEA).

Reuters

Davos 2023: China recovery could be very quick - IMF's Gopinath

China could see a sharp recovery in economic growth from the second quarter onwards based on current infection trends after the dismantling of most COVID-19 restrictions, IMF Deputy Managing Director Gita Gopinath said on Wednesday.

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