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BIZARRE: 2 - You Need To See This

AI productivity gains are making the rich richer, and they'll wipe out jobs—but the IMF chief sees a silver lining for low-wage workers

Kristalina Georgieva sees an economic spillover effect brewing.

Fortune

An AI ‘tsunami’ is coming for young workers, IMF chief warns

Kristalina Georgieva is worried about Gen Z and the middle class: “This is moving so fast, and yet we don’t know how to make it safe [and] inclusive.”

Fortune

Young will suffer most when AI ‘tsunami’ hits jobs, says head of IMF

Kristalina Georgieva says research suggests 60% of jobs in advanced economies will be affected, with many entry-level roles wiped out

The Guardian - UK

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Economic leaders at Davos say global growth is resilient despite disruption from Trump

Leading global economic policymakers at the World Economic Forum in Davos urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality in a world where trade will continue to flow and international cooperation is…

The Independent UK

Do You Have These Once-Valuable Work Skills That Are Rapidly Losing Pay Power as AI Takes Over?

From data entry to basic copywriting, five skill categories are seeing sharp drops in market demand as AI transforms the global workforce.

International Business Times UK

Trump tariff threats are bad, but the uncertainty they instil is much worse

The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logic

The Guardian - UK

Ukraine-Russia war latest: Drone strikes ‘cut power to 200,000 homes in occupied southern Ukraine’

A Kremlin-installed local official said strikes disrupted power in the Zaporizhzhia region

The Independent UK

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IMF urges China to address economic imbalances as trade surplus hits $1 trillion

The head of the International Monetary Fund has urged China to fix its economic imbalances, echoing longstanding calls for the world's second-largest economy to rely more on domestic spending and investment instead of exports

The Independent UK

Europe needs 'single market czar' to implement Draghi report faster, IMF's Georgieva tells Euronews

IMF Managing Director Kristalina Georgieva calls for a single, authoritative voice to lead the implementation of the Draghi report or risk losing precious time for Europe at an 'existential moment' for the bloc.

Euronews

‘A foot out in the cold’: leaders huddle at IMF as icy economic winds blow

Worries over private credit, tax and spend, skittish bond markets and tariff chaos dominate meeting in Washington

The Guardian - UK

Head of IMF says risks in private credit market keep her awake at night

Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First Brands

The Guardian - UK

IMF Chief Kristalina Georgieva Brushes Off Trump's Trade War Threats: 'Trade Is Like Water, You Put In An Obstacle, It Goes Around It'

As tensions rise between the U.S. and China over fresh tariff threats, International Monetary Fund chief Kristalina Georgieva is urging calm, arguing that global trade is far more resilient than it appears.

Benzinga

IMF chief Kristalina Georgieva dismisses impact of Trump trade war: 'Trade is like water, you put in an obstacle, it goes around it'

Kristalina Georgieva, managing director of the International Monetary Fund, says fears that “trade is dead” are overblown.

Fortune

IMF Meetings To Begin Under Fresh Cloud Of US-China Trade Tensions

The IMF and World Bank's semi-annual gathering of finance ministers and central bank governors gets underway in Washington on Monday, against the backdrop of new trade threats from the world's two largest economies.

International Business Times

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The Guardian - UK

The IMF boss is right to say ‘buckle up’ – the global economy is facing multiple menaces

Trump’s latest tariff tantrum and rising fears of an AI bubble have quickly borne out Kristalina Georgieva’s claim that ‘uncertainty is the new normal’

Benzinga

JPMorgan CEO Sounds Alarm On Stock Market Fall: 'Far More Worried About That...'

Jamie Dimon, the top boss of the largest bank in the United States said the chances of the U.S. stock market crashing is far greater than many financiers believe.

Tom’s Hardware

Bank of England, IMF, warn AI bubble risk has shades of 2000 dotcom crash — Goldman Sachs cautions we're not there 'yet'

Major banking institutions are starting to warn of an impending market correction for AI companies and their stock prices. Although not all agree when it'll happen, most suggest it is coming as the major industry players continue to invest in each other, driving up investments and share prices in turn.

The Independent UK

Is there an AI bubble? Financial institutions sound a warning

Financial institutions are raising concerns about a potential AI investment bubble

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International Business Times

World Economy Not Doing As Badly As Feared, IMF Chief Says

The global economy is doing better than expected, even as it faces prolonged uncertainty and underwhelming medium-term growth prospects, the head of the IMF said Wednesday.

The Independent UK

IMF chief warns of economic uncertainty and offers this advice: 'Buckle up'

The global economy may be holding up better than expected despite major shocks such as President Donald Trump’s tariffs, but the head of the International Monetary Fund says that resilience may not last

The Guardian - UK

IMF chief warns ‘uncertainty is the new normal’ in global economy

Kristalina Georgieva outlines mounting risks to economic stability before fund’s annual meetings next week

The Guardian - UK

Bank of England warns of risk of AI market correction; gold hits new $4,000 an ounce record – as it happened

Soaring tech valuations could drop amid potentially ‘disappointing’ progress on AI, central bank says; gold has doubled in two years and extends 50% rally so far this year

The Guardian - UK

Goldman Sachs warns Brent crude could hit $100 per barrel if strait of Hormuz is disrupted; oil dips as Trump demands lower prices – as it happened

Rolling coverage of the latest economic and financial news

Euronews

IMF chief: European lifestyle is at risk if productivity isn’t boosted

Progress on the single market needs to be a priority for the European Union, Kristalina Georgieva told Euronews.

Euronews

Middle East conflict adding to uncertainty amid trade tensions, IMF chief says

Former European Commission Vice-President and current IMF chief Kristalina Georgieva spoke to Euronews about the state of the global economy amid escalating trade tensions and the outbreak of a new conflict involving Iran.

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